Magnum Tax Gain has been a consistent performer, beating even the best performing fund in the equity-diversified fund category over the past five years. The biggest surprise comes from little known Taurus Starshare, which has given the highest returns in the past one year.
Mid-caps still have a lot of steam left. Reliance Growth has earned higher returns than many large-cap diversified equity funds in the past one year. The virtues of index fund investing is there to be reaped the most when the markets are rising; all the funds in this category have more or less fared the same.