Portfolio Managers Return Gains For Second Straight Month In July

India's top portfolio managers clocked gains for the second straight month as equities continue to rebound from the March lows.The 60 biggest portfolio managers by assets tracked by BloombergQuint returned average gains of 5.4% in July compared with a 7.7% rise in the benchmark Sensex. They collectively manage Rs 1.13 lakh crore or nearly 80% of the industry's total assets.