Weekly Top MF Performers : Bank ETFs shine

This week saw Bank Nifty hit its recrord highs along with Nifty Midcap 100 index. Nifty touched its fresh 52 week high on Thursday trade.

Feb 25, 2017 03:02 IST India Infoline News Service

Analyzing Data on Computer
This week saw Bank Nifty hit its recrord highs along with Nifty Midcap 100 index. Nifty touched its fresh 52 week high on Thursday trade.
 
The Bank ETFs that track the NIFTY Bank index were seen as the weekly top MF performers.

SBI ETF Nifty Bank, Edelweiss ETF Nifty Bank, Kotak Banking ETF and R*Shares Bank BeES are amongst the best performing banking ETF for the current week.
 
The said ETFs have delivered almost 3.12% returns over the week.
 
Reliance Banking Fund is one of the top performing banking fund and has delivered almost 3% returns over the week.
 
Bank Nifty has delivered almost 3.13% over the same period even as Nifty managed to gain close to 2% in this week. 

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