Yesterday once more

For most part of their journey, equity funds give lumpy returns - losses stacked together and gains bunched together, often spaced out by many years. One cursory look at the performance of equity infrastructure funds in 2017 makes this amply clear. When the worst-performing fund in a category has given you 27% returns year to date, you know that its been a great year. After a couple of silent years, equity infra funds are back in the reckoning. Let's take a detailed look.