JSW Steel, Tata Steel and Bharti Airtel were among stocks that fared well last month while stocks like Titan and TCS saw correction
The primary risk in these funds is that if the fund manager gets a few stock picks wrong, the fund's performance could take a significant hit
Industry observers say investors have looked at chance to exit amid uptick in markets
Some investors believe they are conservative in nature, but expect returns of 15 per cent on their equity investments annually
While global growth and trade have been accelerating for two years, India has witnessed a deceleration in GDP and export growth