Top 10 equity funds returning over 20% since June lows

Nifty 50 made a swing low of 15,293.5 and began to bounce back and even equity funds started to rise. Here is the list of top 10 funds that returned over 20% since June lows. 

After making an all-time high of 18,477.05 on October 18, 2021, Nifty 50 nosedived 17.23% to make a swing low of 15,293.5 on June 17, 2022. However, from the swing lows market began to rally, thanks to the net buying from Foreign Institutional Investors (FII). 

From June 2022 to date, Nifty 50 returned around 16.5% Having said that, even equity mutual funds followed the suit. In fact, 82% of the equity mutual funds (excluding exchange traded funds) outpaced Nifty 50.