Over a century of Indian equity mutual funds have successfully doubled investor capital within five-year periods, with four exceptional performers achieving this milestone in just three years. However, financial experts warn against blindly pursuing historical top performers. While defensive sectors like defence, infrastructure, and public sector undertakings have demonstrated impressive gains, momentum has recently cooled. Investment professionals recommend adopting diversified equity strategies rather than concentrating in single sectors, emphasizing compelling valuations and sustained growth potential despite short-term market uncertainties.

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