By Nishant Kumar

MUMBAI (Reuters) - Eight Indian equity funds featured in the world's top 10 infrastructure funds in 2007, helped by local shares recording their best gains in four years, data from fund tracker Lipper showed.

Five of them, led by ICICI Prudential Infrastructure Fund, grabbed the top five ranks in the world among 58 such funds tracked by Lipper globally.

The Indian funds rose an average 79.9 percent, outperforming their global peers that showed an average return of 18.7 percent.

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Posted by dcjaya at February 22, 2008 2:41 PM