In September 2018 though, the IL&FS crisis, rising crude oil and the depreciating rupee, brought the bellwether index under pressure. A Volatile Year for Indian Stocks Source: ACE MF, PL Research | Data as on December 27, 2018ĭespite the rough start, the Nifty 50 remained resilient for most of 2018. This lack of interest from fund managers was one of the reasons the correction in mid-and small-caps was so severe. Fund houses were seen avoiding Mid-cap and Small-Cap stocks post SEBI’s reclassification of mutual fund schemes. While Large Cap stocks carried forward the rally of 2017 into 2018, Mid Cap and Small Cap stocks suffered from the start of the year. As 2018 draws to a close, we take a look at the top equity mutual funds that weathered the rough waters of the market.
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