Key Points
The banking funds have lost the most at around 1.91% in 2024 so far, data crunching by ETMutualFunds showed...
Analysis showed that out of the 18 funds operating in this category, 15 funds have offered negative returns and only three schemes gave positive returns...
LIC MF Banking & Financial Services Fund has lost the most at around 5.31%.
We believe in banks ability to deliver healthy earnings growth, largely supported by benign credit costs, while margin headwinds continue, said a report by Axis Securities...
For the purpose of this study, ET Mutual Funds considered all banking funds that have completed one year in the market..
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