Category: Mutual Funds Review

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. (more…)

The objective of the scheme is to seek capital appreciation by investing primarily in equity and equity-related instruments of PSU companies across the cap curve and sectors. PSU companies are good wealth creators and industry leaders in their area of operations. The expected re-rating of these companies in the future in the event of the government divesting stakes in PSU companies can lead to above average gains over a period of time.

Investment Strategy:
At least 65% of the assets will be invested in PSU companies. Fund shall take (more…)

It is TRUE that Many Mutual Funds have beaten the benchmark by just few percentage points while you have seen the Euphoria in stocks and they have probably given 200% to 300% returns within the last 12 months.

I decided to see which Diversified Equity Funds [No I don’t believe in SECTORAL Funds] have beaten the Benchmark Indices. The criteria for my study was simple, any fund that has seen an earlier bear market qualified for the study. I then compared NAVs recorded by these funds on Jan-09-2008 and now. Here is the outcome of the study. (more…)

Time for some self praise today. We have been recommending HDFC Funds for investors since long time on here. HDFC Top 200, Equity , Prudence and Tax Saver NAVs are near their Jan-2008, peak when the Index was 21,000. This means Sr. Fund Manager and CIO – Prashant Jain has managed to beat the index by 23%. [NAVS are at new peak when SENSEX ~17,000, instead of hitting the target @ 21,000]

Reliance Growth Fund which we have recommended has been market performer as its all time High NAV is still 20% away from current levels. However, note that this fund takes some serious exposure to midcaps and will perform better in bull market than in a fall & subsequent rise. So stay invested. (more…)

Sundaram BNP Paribas Mutual Fund has submitted an offer document with the Securities and Exchange Board of India (SEBI) to introduce Sundaram BNP Paribas Select Thematic Funds PSU Opportunities Fund – an open-ended equity scheme.

The investment objective of the scheme is to achieve capital growth by investing in equity and equity-related securities of public sector companies as well as in bonds and other fixed-income instruments issued by public sector entities. (more…)

Canara Robeco Mutual Fund launched Canara Robeco F.O.R.C.E Fund – an open ended equity fund. The new fund offer (NFO) is open for subscription from 20th July 2009 to 18th August 2009. The scheme will re-open for continuous sale and repurchase within 30 days from the date of closure of NFO.

The scheme will be benchmarked against S&P CNX Nifty. The NFO price for the fund is Rs.10 per unit.

The feature of the fund is to provide long-term capital appreciation by primarily investing in equity and equity related securities of companies in the finance, retail and entertainment sectors. (more…)