Equity category may outperform stock index, says analyst
KARACHI: The size of the mutual funds industry appreciated 12 per cent in the last six months (July-December) to stand at Rs223 billion. The industry showed signs of recovery on the back of demand witnessed in the money market funds category as well as the equity market’s tremendous performance over the last three to four months, says InvestCap in a research note.
A mutual fund is a professionally managed collective investment
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