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Personal Finance | What should you do if your mutual fund goes down in ranking?

Past returns can reveal a lot about the scheme, its consistency and performance across cycles, but it simply cannot help you with knowing whether performance will continue to remain robust in future as well

October 26, 2020 / 01:47 PM IST
Personal Finance | What should you do if your mutual fund goes down in ranking?

If you check today which schemes are the top three performers in the Equity Large Cap category, you will come across these three names-- Canara Robeco Bluechip Equity, IDFC Large Cap Fund and JM Large Cap Fund. These are the top three best performing schemes in their category today. However, had you looked at their performance a year ago, you would have found that both the JM and IDFC funds were at an unimpressive 28 and 29 rank respectively...

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