Indian stock markets remained volatile in April amid ongoing earnings season and 2019 Lok Sabha elections. The BSE’s benchmark Sensex rose 0.93 percent and NSE’s Nifty 50 advanced 1.07 percent in April. Both the benchmark indices hit fresh all-time highs, with the Sensex rising to 39,487.45 and the Nifty touching 11,856.15.

Live TV

Loading...

Continued foreign capital inflows and improved domestic liquidity situation supported Indian shares. US stock indices posted their best monthly percentage gains since January. For April, the Dow rose 2.6 percent, the S&P 500 gained 3.9 percent and the Nasdaq added 4.9 percent.

Let’s take a look at the top 10 equity mutual funds in terms of returns for the month of April. According to Value Research Online, Motilal Oswal Nasdaq 100 FOF was the top performing mutual fund with 8.45 percent return in April. Motilal Oswal NASDAQ 100 Exchange Traded Fund, Principal Global Opportunities Fund and ICICI Prudential US Bluechip Equity Fund were other top mutual funds for April, according to Value Research data.