Several equity oriented mutual funds delivered strong returns in January 2026, supported by market momentum and sector specific gains. Data showed diversified, mid cap, and thematic funds featured among top performers during the month. Analysts said recent performance reflects short term market trends, advising investors to focus on consistency, risk profile, and long term goals rather than chasing monthly return rankings alone.

DSP Mutual Fund has advocated evaluating equity linked savings schemes beyond tax benefits as investors adapt to the new tax regime. The fund house said ELSS remains relevant for long term wealth creation due to equity exposure and disciplined investing. It highlighted that factors such as asset allocation, investment horizon, and risk appetite should guide ELSS decisions, not tax considerations alone.