Money Today and the Financial Planning Corporation of India Ltd are pleased to announce the formation of a high-powered jury for the awards which includes some of the biggest names in the financial sector.
Bata India is among the top gainers in the last six months with return of 94 per cent.
Volatile equity markets in 2011 have severely affected the long-term average returns of most equity funds, with no single category posting a double-digit growth.
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Mirae Asset India Opportunities Fund has outperformed its category since inception in 2008.
As stock markets fell sharply on the fears of double-dip recession in the West, equity funds showed negative returns over the one-year period ended August 9, 2011.
UTV Software is among the top gainers in the last six months with return of over 112%
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Reliance Regular Savings Equity has outperformed its category in four of the past five years.
VIP Industries is among the top gainers in the last six months with return of over 46%.
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Birla Sun Life Frontline Equity has outperformed its category in the past five years.
As equity markets remained flat since April 2011, most diversified equity funds over the past one year gave a rather miserly return of below 5%.
Tata Coffee is among the top gainers in the last one year with return of 118%.
ICICI Prudential Focused Bluechip Equity Retail has outperformed its benchmark index and category since inception.
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As equity markets have remained volatile since the beginning of 2011, large-cap equity funds proved to be the safest bet for investors with average 1-year return of 8.65%.
Bhushan Steel is among the top grossers in the last five years with an annualised return of 58%.
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Large-cap equity funds outperform mid-cap funds in average returns over long term even as infrastructure funds continue to generate negative returns in short term.
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