US markets cheered every comment of US president elect Donal Trump and the equity market prices rallied with Dow Jones and NASDAQ recording new highs.
Indian markets traded flat with a positive bias for the week gone by.
It is interesting to note that Kotak World Gold fund that invests in global markets is the best performer for the first week of the new year outperforming the equity diversified category funds that invest in Indian markets.
Here is the list of top five funds that did best in terms of returns in the 1st week of 2017:-
|Fund||1 Week Return|
|Kotak World Gold Fund (G)||8.89%|
|DSPBR World Gold Fund (G)||4.36%|
|Birla SL Emerging Leaders Fund -6- Reg (G)||4.07%|
|HSBC Infra Equity Fund (G)||4.04%|