homephotos Newspersonal finance NewsThese are the top mutual funds in terms of returns over the past 3 months

These are the top mutual funds in terms of returns over the past 3 months

SUMMARY

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities such as stocks, bonds, money market instruments and other assets, as per Investopedia. These are one of the popular investment schemes available in the market with an array to choose from. The Indian benchmark indices have been slipping, having ended around 2 percent lower for the week following the Union Budget on July 5 as it failed to cheer the market. Here are Morningstar India's top recommended mutual fund schemes in terms of returns over the past 3 months:

By CNBC-TV18 Jul 19, 2019 8:39:12 AM IST (Updated)


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Kotak World Gold Fund – Standard Plan-Growth: 3-Month Return: 21.72 percent| Expense Ratio: 0.74 percent| Launch Date: June 6, 2008| NAV: 67.95.

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DSP World Gold Fund Growth: 3-Month Return: 16.19 percent| Expense Ratio: 0.73 percent| Launch Date: September 14, 2007| NAV: 13.10.

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