Mutual fund: PSU-focused funds steal the show in lackluster year; know details

Consistency in returns is one of the most cherished attributes of a mutualf und scheme. Three PSU-focussed equity funds have emerged as superior performers in the past three and five-year periods, according to data from AMFI and Value Research.

Kolkata: Mutual fund returns have taken a beating in the past one year, mainly due to lackluster returns from the equity markets. But a few PSU-focused equity funds have generated superlative performance even during this dull period. They have attracted the attention of investors with the consistency in performance with analysts saying that consistency is one of the most desired values in a mutual fund scheme, which are essentially for long-term investment. Data from Value Research and AMFI (Association of Mutual Funds in........

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