Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse. Financial planners always ask investors to make large-cap funds the backbone of any investment portfolio. And it is for a good reason. On Monday, when the Sensex fell 1,600 points, the annual returns of the benchmark index turned negative at -2.57 per cent. But almost all large-cap funds withstood the shock. According to data from Value Research, amid over 45 actively-managed large-cap ... Rediff.com, 2 days ago
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