Best Five Mutual funds that did well in the first week of 2017

The year 2017 started with a bang for the global markets even as the US equities kept the momentum up continuing the optimism into the new year.

Jan 07, 2017 08:01 IST India Infoline News Service

The year 2017 started with a bang for the global markets even as the US equities kept the momentum up continuing the optimism into the new year.

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%
CPSE (ETF) 4.19%
Birla SL Emerging Leaders Fund -6- Reg (G) 4.07%
HSBC Infra Equity Fund (G) 4.04%


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