Principal Child Benefit continues to outperform the category, better than some of the best equity diversified funds (listed later). MIPs returns are much higher than those on bank fixed deposits. These funds suit investors seeking stable returns and monthly income.
Gold ETFs have not grown much in popularity yet. However, in terms of performance the returns on these funds are just a shade below the returns on gold. But the safety and liquidity these offer over physical gold makes them a good option to consider. FoFs still show a mixed performance but the AUM of these schemes is now rising fast.
Taurus has displaced Magnum Multiplier. Both funds have had and impeccable performance record during the 5-years of bull run. Magnum Tax Gain continues to put the best of equity-diversified schemes to shame with its superior long-term returns.
The mid-cap stocks are still showing good returns, notwithstanding the volatility in prices. Index funds have managed to keep pace with their benchmark indices with Tata Index Nifty A ahead of the pack in long term (3 years and above) returns.
