Nigeria’s equity mutual fund segment saw its net asset value (NAV) grow to N241.38 billion by the end of July 2026, marking a 2.78% increase from June. Despite a moderate recovery following the June market correction, the segment attracted over 8,600 new investors, bringing the total number of unitholders to 121,316. Zedcrest Equity Fund maintained its position as the top performer for the third consecutive month, recording a year-to-date return of 88.58%. The top ten funds collectively manage N88.93 billion, representing nearly 37% of the equity mutual fund category.