Mutual funds give 25% returns during lockdown amid market recovery
Broader markets have recovered 25-30% during the period under review
Most of the active funds underperformed their respective benchmark indices
NEW DELHI : Equity-oriented mutual fund schemes generated returns of about 25 per cent during the lockdown period amid a recovery in broader markets and liquidity infusion by the RBI coupled with the government's stimulus measures, experts said. However, some analysts believe this is nothing more than a bear market rally.