There is little to choose between equity-oriented and debtoriented balanced funds; both the categories have fared badly in the past year.The relatively new plan, Benchmark Split Capital, not only earned its investors top returns in the category, but is also the only fund which managed to weather the ongoing turmoil in equity markets.
FoF as a category has faced losses, as funds in which these funds have invested are all performing poorly. Liquid funds are ideal for investors looking for risk-free investment avenues to park their surplus cash. The funds not only lived up to investors’ expectations of capital protection, but have also earned reasonable returns.
Two of the top five funds in the equity-diversified category are less than three years old, indicating fund performance is not always influenced by its age. It is the same with ELSS, where three of the top five are less than three years old. Taurus Libra Taxshield with a minuscule corpus has earned higher returns than the top performing equity diversified fund.
Infrastructure funds as a category lost more than a quarter of its value in the past six months.Though Reliance Diversified Power has earned impressive returns. Barring short-term aberrations, gold has earned its investors enviable returns over the past year.The rise in inflation might keep the precious metal in the limelight.
Sensing uncertain times ahead MFs are turning to defensive stocks like Dabur and Hindustan Unilever
Zee Entertainment has seen a spike in stock price on news that the company is planning to hive-off its youth channel into a separate entity
