Domestic mutual funds (MFs) regained positive momentum in July 2018 after declining for two consecutive months – the equity AUM of the mutual fund industry rose 5.4% MoM to INR8.3t in July to a new high.
I recently made an impromptu tool in Excel to answer a question I was asked in Quora. It’s a small, nimble tool that calculates returns from an India Equity SIP based on historical averages and standard deviations.
Aditya Birla Sun Life Equity is an equity fund investing across market capitalisations. It has the ability to generate market-plus returns, by deftly adjusting of sector weights. It is suitable for high-risk investors with a 5-year plus timeframe.