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● Neutral for Indian equities
Three equity mutual funds deliver over 25% annualised returns in three years
The brief
- ITI Small Cap Fund, Bandhan Small Cap Fund and UTI fund each gained over 25% annualised
- Small-cap fund performance may draw flows toward Indian small-cap stocks, which face higher volatility
- Bulls out of steam, it’s slow & steady on D-Street
- Rout in PB Fintech stock deals Rs 11,000 crore blow to mutual funds