Good monday morning. Welcome to squawk alley. Joining us here, jon fortt, myself, mike san tolo. Well get to kayla tausche. The trump rally rolling on, the dow about a third of a point off 20k friday afternoon but reversing gains this morning. Now about 65 points away. Joining us to talk about that, cnbc senior markets common tator mike santoli and guys, good morning. Michael, got a nice postup, arguing that if the rally were truly about trump policies being enacted, this would have stopped working a while ago. Yeah, and in fact, in some measures, it has stopped working. Looking at the past month, you had about a fourweek rush when it was the obvious trump trades working and driving the rally. Since about middecember, youve seen those things actually lag a bit, right . So, you had bank stocks, heavy industrials, all thats lagged. The tech stocks everybody thought would be disadvantaged have been leading the way here. So to me, if you thought policy was a reason to be bullish in 2017, i
Equity mutual fund categories under Modi s second term witnessed significant returns, with small cap funds leading at 243.94%. Nippon India Small Cap Fund topped with 304.07%. ELSS funds, large cap, and aggressive hybrid funds also showed notable performance.
Mutual fund investors have earned impressive returns of up to 960% in the last 10 years of the Modi government. Around 195 equity schemes were analyzed, with top performers including Nippon India Small Cap Fund and SBI Small Cap Fund.
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