investment funds

FOR THOSE WITH AN INTEREST IN INVESTING via FUNDS (Index, Mutual, ET)

India and gold funds dominated the top 10 best performers for May, while US growth funds continued to struggle, according to the latest Morningstar data.

The surge in coronavirus cases in India barely affected the performance of domestic stock markets last month, which were among the best-performing global benchmarks in May.

This turnaround is even more marked because Indian funds were among the worst performers in April.

What explains the disconnect between the health crisis in India and the stock market outperformance?

Even taking into account the devastating second wave in India, the country could still manage the strongest growth in the world of 10% this year, according to economists.

WHAT AN INTERESTING EXAMPLE OF HOW UNPREDICTABLE THE MARKETS CAN BE.

ALSO A LESSON IN THE IMPORTANCE OF PORTFOLIO DIVERSIFICATION.