Its the end of a recovery year for the Stock markets across the Wold with Indian market performance amongst the top-5. Just a quick re-cap on how the Large Cap + Multi Cap Diversified Equity funds performed in the year. Kindly note that, our earlier recommendation on the mutual funds recommended for investment will still hold good.
This appears just as a study on where our funds stand in the ranking.
The Top 15 LargeCap + MultiCap Funds Performance in 2009:
UTI Index Select Fund – Growth – 118%
UTI Master Value Fund – Growth – 115%
Birla Sun Life India Opportunities Fund – Growth 114%
Mirae Asset India Opportunities Fund – Reg – Growth – 113%
Reliance Equity Opportunities Fund – Growth – 112%
Principal Large Cap Fund – Growth – 112%
Templeton India Growth Fund – Growth – 109%
Templeton India Equity Income Fund – Growth – 108%
HDFC Equity Fund – Growth – 107%
ING Dividend Yield Fund – Growth – 107%
Tata Equity P/E Fund – Growth – 107%
Morgan Stanley A.C.E Fund – Growth – 107%
Reliance NRI Equity Fund – Growth – 99%
Birla Sun Life Frontline Equity Fund – Plan A – Growth – 92%
Our Recommendation of HDFC Top 200 Yielded 96% in 2009, while Reliance Equity Fund Growth Lagged the Indices and managed to deliver just 69.5% in 2009.
We look for Fund Managers who have a rear blend of choosing Value and Growth Stocks. Kindly continue your SIPs and investment and do not be carried over by just 12 months performance. If there is any change, we will recommend here.