Sample this: In the past year, on an average, arbitrage funds returned about nine per cent, asset allocation funds returned eight per cent, multi-asset funds gave six per cent returns and quant funds returned about 10 per cent.
For mutual funds scrambling to prevent the newly-launched tax-saving Rajiv Gandhi Equity Savings Scheme (RGESS) from being scrapped, farmers and well-heeled investors have turned out to be the knights in shining armour, industry officials say.
Launched in 1998, Kotak Gilt - Investment has been ranked CRISIL Fund Rank 2 (represents good performance in the peer group) in the long-term gilt category under the CRISIL Mutual Fund Ranking for the quarter ended December 2012. This fund, which seeks to
An advertisement campaign by the Association of Mutual Funds in India (Amfi) aimed at boosting awareness of products has widened the rift between bigger houses and smaller peers of the country’s asset managers.
Is removing the exit load a good enough reason to enter a scheme? HSBC Mutual Fund certainly believes it is. The fund house has recently removed exit load on all its schemes -" a good move from the investors' perspective.
Launched in June 2002, IDFC Dynamic Bond Fund has been ranked CRISIL Fund Rank 1 since September 2012. Also, the fund is in the top 30 percentile of the peer group (CRISIL Fund Rank 1 or CRISIL Fund Rank 2) for the past six quarters.
Launched in April 2008, Mirae Asset India Opportunities Fund has been ranked CRISIL Fund Rank 1 in the diversified equity category under the CRISIL Mutual Fund Ranking for the quarter ended September 2012. Average assets under management (AUM) of the fund
SEBI has been a great votary of investor protection. There are many laws it has brought in specifically to help investors. Not all have been helpful for investors. In fact some of them have had unintended consequences for investors.
Starting January 2013, fund houses will start rolling out direct plans for various schemes, which will offer separate net asset values (NAV). The yield could be 0.5 to 1.25 per cent higher (in case of direct plans).
Ideally, one should not have too many schemes. Too many schemes will lead to over-diversification and limit returns. For instance, 10 large-cap schemes would mean you have invested in the same kind of stocks.