Sunday
How the top recommended mutual funds performed during the last one month
A set of diversified mutual funds were recommended last month based on their historical performance. See Mutual Fund Portfolio Construction and Asset Allocation. The markets were on fire the last couple of weeks. So, how did these funds perform?
Recommended 5 Star Diversified Mutual Funds
| Fund Type | Name | Large-cap/ Midcap-Smallcap Mix | 1 month performance (Sept 24, 2010) |
| CORE EQUITIES | HDFC Top 200 | 80/20 | 9.1% |
| CORE EQUITIES | HDFC Equity | 65/35 | 8.1% |
| CORE EQUITIES | Fidelity Equity | 75/25 | 7.4% |
| SATELLITE EQUITIES | IDFC Premier Equity | 15/85 | 5.2% |
| SATELLITE EQUITIES | ICICI Prudential Discovery | 25/70 | 6.1% |
| SATELLITE EQUITIES | Sundaram Select Midcap | 20/80 | 5.9% |
Not surprisingly, large caps funds did well as the recent market move has been led by large-caps. Other prime performances came from Templeton Equity Income (10.4%), Templeton Growth (9.9%), IDFC Equity Fund (10.4%).
Two top-notch funds, DSP-Blackrock Top 100 Equity & Birla Frontline Equity did well and have posted 1-month returns of 8.7% and 8% respectively. These two funds have not done as well lately (3-6 month period) and continue to trail the leaders (HDFC Top 200, HDFC Equity, Franklin India Bluchip, Fidelity Equity) by 5-10% percentage points.
Labels: Core-Satellite, Equity Diversified, Mutual Funds
by earlygains at 20:02 |
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