Home Investment Products Mutual Fund 100-200% returns in one year. Should you bet on new mutual funds?

100-200% returns in one year. Should you bet on new mutual funds?

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100-200% returns in one year. Should you bet on new mutual funds?

Many newly-launched schemes from younger AMCS are providing eye-popping returns. Two such AMCs are Quant Mutual Fund and PGIM India Mutual Fund. Within the final one yr, each these AMCs have managed to get a number of schemes on high of return charts. Nevertheless, many buyers have been asking about these schemes and the extraordinary returns posted by them. We spoke to
Rushabh Desai, an AMFI-registered mutual fund distributor based mostly in Mumbai, to reply

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