Equity mutual funds have offered upto 10% return in the last week with sectoral and thematic funds leading. Here are the top 10 performers (Source: ACE MF) In the same period, BSE Sensex and Nifty50 went up by 4.51% and 4.
48% respectively. Dow Jones went down by 3.41%, FTSE 100 went up by 1.
74%. Hang Seng and Nasdaq went down by 0.10% and 3.
23% respectively. NYSE dropped marginally by 0.35%.
Mirae Asset NYSE FANG+ETF FoF offered the highest return of around 9.54% in the said time period. Nine banking & financial services funds gave returns ranging between 6.
07% to 6.85% in the mentioned time period. Around 25 funds gave negative returns in the same period.
These schemes lost between 0.36% to 3.24%.
Do not make your investment decisions after looking at one week's performance. One should always choose a scheme based on their risk appetite, investment horizon, and goals..