Create Wealth through MF Select Recommendations

The period of FY23 will be remembered for rising inflation, interest rates, collapsing banks and geopolitical tensions. The year has also highlighted mutual fund investors’ preference for the SIPs route in the equity markets. For FY23 it is interesting to note that the contrarian funds as a category have delivered 5 per cent returns on an average. With this kind of superlative performance, contrarian funds have emerged as the best performing MF category. Value funds with an average return of 1.75 per cent and Small-Cap funds with an average return of 0.35 per cent are featured amongst the best category of funds.