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Market move● Neutral for Indian equities
Sectoral mutual funds: Defence, metals gave double-digit returns in 2 years while tech, consumer in red — here's why
The brief
- Defence and metals sectoral mutual funds delivered double-digit returns over two years
- Technology and consumer sector funds slipped into the red over the same period
- Divergent sector returns highlight contrasting exposure across Indian defence, metals, technology and consumer stocks
- 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