Equity mutual funds returned up to 7% last week, with HDFC Defence Fund on top.

Quant BFSI Fund
Quant BFSI Fund, a banking and financial services sector-based fund, returned 6.40% in the mentioned period.
Two from Invesco MF
Invesco India, Invesco Global Consumer Trends FoF, and Invesco India PSU Equity Fund returned 6.38% and 5.51% respectively in the same time period.
ITI ELSS Tax Saver Fund
ITI ELSS Tax Saver Fund, an ELSS fund, returned 5.36% in the mentioned period.
LIC MF Focused Fund
LIC MF Focused Fund, a focused fund, returned 4.89% in the same time frame.
Union Innovation & Opp Fund
Union Innovation & Options Fund, an innovation theme based fund, returned 4.86% in the same period.
HSBC Brazil Fund
HSBC Brazil Fund, an international fund, returned 4.72% last week.
Aditya Birla SL PSU Equity Fund
Aditya Birla SL PSU Equity Fund, a PSU theme based fund, returned 4.66% in the said period.
Bank of India Small Cap Fund
Bank of India Small Cap Fund, a small cap fund, returned 4.60% in the said period.
(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Indiaemplyement)