Invesco India PSU Equity Fund - Diwali performance: Sectoral mutual funds deliver up to 64% returns, defence leads

Sectoral mutual funds have delivered impressive returns during Diwali, with some funds achieving up to 64% returns. The defense sector led the performance, followed by PSU equity funds. Invesco India PSU Equity Fund was among the top performers, reflecting strong gains in the public sector space. The robust performance of these funds highlights the potential of sectoral investments in capturing market trends and delivering substantial returns to investors. The analysis underscores the importance of strategic fund selection and the benefits of diversifying across different sectors to maximize investment gains during festive periods.