These banking equity MFs have given more than 50% in last 1 year. Details here
According to the Value Research website, majority of the banking equity mutual funds have yielded more than 50 per cent in the last one year
Mutual fund investments are subject to market risk but when you have fund managers who can read the market movement proficiently, then your annual income can skyrocket to an extent that you can't imagine. Same is the case when it comes to banking equity mutual funds that has delivered smart returns to mutual fund investors. According to the Value Research website, majority of the banking equity mutual funds have yielded more than 50 per cent in the last one year. These baking mutual funds include ICICI Prudential Banking and financial Services plan, Kotak PSU Bank ETF, Nippon India Banking, SBI ETF Nifty Bank and UTI Banking and Finance Services. Out of these all banking equity mutual funds, Nippon India Banking Direct Fund plan has yielded highest 76.19 per cent in the last one year.