Top performing mutual funds over one year that invest in banks

Bank Nifty has generated nearly 45% returns over one year period.

Feb 25, 2017 07:02 IST India Infoline News Service

Last one year has seen equity markets clearly outperform the fixed income markets. Over past year the major indices have returned more than 20% returns with Nifty gaining almost 23% returns and Sensex gaining nearly 21.45% returns.  
 
Bank Nifty has generated nearly 45% returns over one year period.
 
Following are the top performing mutual funds over one year that invest in banks:
Mutual Fund Schemes Returns (1 year)
 
Birla SL Banking & Financial Services – Regular (G)
 
57.64%
 
UTI Banking Sector Fund (G) – Direct Plan
 
56.56%
 
Investing in banking funds has clearly rewarded investors with good returns over the period.

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