Balanced Funds performed better than monthly income plans, debt and even large-cap equity peers last fiscal.
Indian market wipes off all gains of 2015 and expected to slide further on dwindling rupee, earnings.
Amid a massive sell-off in the stock market last week, the combined market valuation of nine of the top-10 companies dropped sharply by Rs 1,00,921.74 crore.
Belligerent offloading by foreign funds on worries over the controversial tax issue kept the market under pressure for the second straight week.
Sensex, Nifty worst performing indices this year as MAT claim on FIIs, rise in crude prices and muted earnings shakes investor sentiment.
IMPORT DUTY HIKE
Govt hikes customs duty on crude sunflower oil to 35%
Govt hikes customs duty on refined sunflower oil to 45%
Govt hikes customs duty on crude canola oil to 35%
Govt hikes customs duty on refined canola oil to 45%
To Be Under ASM Framework According To BSE & NSE
Wins Cargo MGMT contract from Latam Cargo
Gets supply chain digital transformation deal from Nokia
Panel drafts succession plan for CEO Chanda Kochhar
Kochhar's term comes to an end in March 19
May appoint a headhunting firm to shortlist a new CEO
Candidate to be approved by RBI post approval of board
Kochhar's tenure at bank will end after almost 10 yrs