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videos | IST

Here’s how mutual funds have performed from last Diwali to this festive season

From last Diwali to this festive season, the equity mutual funds have seen a net inflow of about Rs 1.5 lakh crore and this is just about the kind of outflow that debt mutual funds have seen. Liquid funds, though are in the positive for the last year one year with about Rs 72,000 crore inflow.
Some of the best performing mutual funds in the last year have been Axis Midcap Growth Fund, UTI Equity Fund, ICICI Prudential Focused Equity, SBI Focused Equity, as well as Canara Robeco Bluechip Equity Fund.
Axis Midcap Growth Fund saw a return of about 4.5 percent, UTI Equity Fund saw a return of about 3.8 percent, ICICI Prudential Focused Equity saw a return of about 2.6 percent, SBI Focused Equity saw a return of about 1.3 percent, and Canara Robeco Bluechip Equity Fund saw a return of about 1.1 percent.
Some of the best performing fund managers who have generated wealth over the last year have been Ajay Tyagi, Shreyash Devalkar, Sailesh Raj Bhan, and R Srinivasan.