Mutual fund schemes deliver on strong market performance, shows data

Here're top-performing MF schemes in the past two years

In March 2020, stocks hit rock bottom following the outbreak of the Covid-19 pandemic. The Nifty50 Index had crashed below 8,000, individual stocks slumped to multi-year lows, impacting the returns of several mutual fund (MF) schemes, industry assets dropped, and asset management companies (AMCs) stared at an uncertain future.

However, aggressive stimulus measures from global central banks, mainly the US Federal Reserve, helped stock markets the world over stage a remarkable comeback.

In India, measures undertaken by the Reserve Bank of India (RBI) and the Centre helped