Equity mutual fund returns have come under broad pressure over the past year, with values of most categories eroding, according to Accord Fintech data compiled by ETIG. Large-Cap, Flexi-Cap and Focused Funds have been among the most strained, with category averages slipping roughly between 3.5% and 4.3%. Small-Cap funds have also struggled, despite a few standout performers, while Mid-Cap funds held up comparatively well.
Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) shares jumped about 25% on Tuesday after the company reported fiscal second-quarter results that...
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