Here are 2018’s best & worst-performing mutual funds

The performance of equity mutual funds was uninspiring through most of 2018, with the best-performing fund giving just 6 per cent return for the year. Among the open-ended equity funds, Axis Bluechip Fund emerged best performer of the year, delivering 5.8 per cent returns. The fund manages around Rs 3,295 crore. Smallcap funds topped the list of worst performers within this category. The worst performer was the Sundaram Small Cap Fund, which manages assets worth Rs 1,042 crore. Its NAV declined 29.4 per cent for the year.

By The Economic Times| 1448 views