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● Neutral for Indian equities
Looking for low cost and high return funds in 6 months? HDFC Defence Fund among top 8
The brief
- Several mutual funds returned over 30% in the last six months
- Bank of India Small Cap Fund led the group
- Strong recent returns may draw Indian retail investors to these mutual funds
- Nifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woes
- Bank strike from September 28: SBI, Bank of India urge customers to complete key transactions in advance
- India bonds slide for sixth week as global rout deepens
- SBI and other PSU banks waive ATM charges during September 28–30 strike