returnsADVERTISEMENTADVERTISEMENTAround three equity mutual fund categories have offered double-digit average returns in 2024 so far, an analysis of year-to-date performance by equity mutual funds showed. ICICI Prudential PSU Equity Fund offered 22.89%, followed by SBI PSU Fund which gave 20.22%.PSU funds are benchmarked against S&P BSE PSU -TRI which offered 24.07% in the year-to-date horizon. Quant Infrastructure Fund, the topper in the category, offered 23.02% in 2024 so far. Bandhan Infrastructure Fund offered 15.35%. DSP Natural Res & New Energy Fund gave 10.51%, followed by Tata Resources & Energy Fund, which gave 6.94%.We considered all equity categories such as largecap, midcap, smallcap, large and midcap, ELSS, multicap, flexi cap, focused fund, value, contra, and sectoral/thematic fund categories.

Source: Economic Times March 10, 2024 08:59 UTC