Growth funds: Hold steady

'Growth' funds continue to oscillate between optimism and despair. In the last 12 months alone, seven weeks saw the broader market index (BSE 500 TRI) delivering returns of over 2 per cent and three weeks of comparable declines. This prompted us to review our 'growth' funds since they form the cornerstone of your portfolio. We also review the trends prevailing in this category. But before that, you should know that our 'growth' selection includes value-oriented, large- and mid-cap and flexi-cap funds.