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BS jury picks best mutual fund managers in the debt and equity category

While mutual fund managers struggled this year as well, those in the equity category fared better

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(Left to right) G N Bajpai, Former chairman, Sebi, and former chairman, LIC; Jaspal Bindra, Executive chairman, Centrum Group; Kaku Nakhate, President & country head, Bank of America India; Sandeep Parekh, Managing partner, Finsec Law Advisors

Ram Prasad Sahu
After a blockbuster year which saw equity asset segments ranging from small caps to blue chips deliver 24-59 per cent returns, hopes for 2022 on this front were not very high. The benchmark indices, however, managed to keep themselves above water with a return of 4 per cent. This was a seventh consecutive year of positive returns for the Nifty50 index.

While low single-digit returns after three years of double-digit gains is not something to write home about, Indian equity markets managed to outperform most of their global peers last year. A robust domestic macro environment and worries about a