The bull market has turned around the fortunes of some funds while knocking out others. We sift through fund performances and portfolios to find out what’s really changed in this rally

The Nifty is just short of kissing the 10,000 mark. The rally that began in March 2016 has been gaining momentum of late, surpassing key milestones. The resounding victory of the NDA in the March Assembly elections helped the bulls regain their mojo on D-street.The Sensex has delivered a compounded annualised return (CAGR) of 24 per cent during this rally, up from 23,779 in March 2016 to 32,020 no...