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Sectoral and thematic mutual funds have offered upto 6% return in last week. There were 578 funds in the said time period, of which 543 gave positive returns, 33 gave negative returns and two failed to deliver returns. Here are the funds which delivered returns over 3.50%. (Source: ACE MF)
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Sectoral and thematic mutual funds delivered up to 6% returns last week, with 543 of 578 funds in the green. Top performers included Invesco Global Consumer Trends FoF, Mirae Asset Hang Seng TECH ETF FoF, HDFC Defence Fund, Edelweiss schemes, and HSBC Global Emerging Markets Fund.
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The Nifty is on the cusp of a potential breakout from a Symmetrical Triangle pattern on the daily charts a formation that typically signals a strong directional move. The index continues to trade above both its short-term and long-term moving averages, which have begun to slope upward, offering a bullish undertone to the markets technical setup.With momentum indicators also turning constructive, domestic brokerage firm Motilal Oswal has highlighted its top three picks, based on the technical outlook, that traders can keep on their radar.
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News and Media
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