Indian stock markets are at new All-TIme-Highs. Unlike other markets which are down a lot this year (till now).
So when markets are making new highs, many people feel that even their mutual funds should also make new highs in NAV. But that is not true. Mutual fund NAVs don’t always move with markets.
I have compiled the data for all the funds in major pure equity fund categories to see where your mutual fund NAVs are compared to their previous highs.
Have a look yourself:
I wrote a Twitter thread on this too. Do check it here if you are on Twitter.