06 April, 2007

Mutual fund return & ranking as on 5th April 2k7

Dear friends,

 

Here is comparison of top 21 performing funds on basis of 3 year & 1 year return.

 

Also having list of top performer funds on basis of 5 years return, from this list you can see that it is not necessary that the scheme which is giving mind blowing return on basis of 5 year scale will give good return in 1 year.

As market rise like anything in last 2 years, all mutual fund’s which are having equity diversified scheme having age of more than 4 years, they all performed very well for complete term return, (I mean for time span of 4 years or 5 years)

But I think that the true powerful schemes are those which performed well in last 1 / 2 or 3 years. During which market’s ups & downs were dramatic / drastic & rapid, it was the time when mutual fund manager’s skill will come in to picture. That’s why as per me the return of last 1 / 3 year is more important than 5 years.

 

Also having sheet having details of maximum asset under management in one single scheme. This is for those, who don’t want to go through all ranking & return statistics, but want to invest in those schemes in which so many other people invested, but not sure about very good / mind blowing return. Ya as a big asset under management, these all will definitely give good return for the time span of 2 – 3 years. I am saying good but not the best or mind blowing & when this good return will be compared to new rates of FD, then it will not remains good also!!!

 

Also having sheets for elss funds with respect to 3 year & 1 year returns.

The file generated from moneycontrol.com.

 

Best Regards,

chirag gandhi

project manager

 

mudra

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shanti sadan society   ellisbridge

ahmedabad 380 006   india

 

m (91) 93761 09333

t (91-79) 39820000

f (91-79) 26463606

 

www.mudra.com

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