Best performing equity MFs in April 2021

Even though Nifty 50 closed with a modest loss of 0.41 per cent in April 2021, the volatility indicator i.e. India VIX was at fairly high levels of 23. Moreover, Nifty 50 was unable to break its crucial resistance level of 15,000. On the sectoral front, the metal and healthcare sectors performed quite well in the last month whereas realty & FMCG sectors were the worst-hit sectors. Having said that, most of the sectors seemed to be under pressure; eventually, impacting the performance of mutual funds. In April 2021, the broader indices outperformed the frontline indices. In fact, small-caps outperformed mid-caps as well as large-caps. In this article, we have listed the top 10 equity mutual funds that performed well in such a volatile time. Also, have a look at their one-year, three-year, and five-year trailing returns.