Mutual funds are proving to be best investments presently as quarterly gains are at 17 yrs high BSE is also on rise and infrastructure stocks are best stocks for investment right now as according to me property rates would again touch sky heights so will be any of the infrastructure Mutual funds investments here are some of the details about how Mutual funds have performed in last quarter and have given best returns.
"The underperformance of equity funds was primarily owing to their exposure to non-equity assets like bonds, cash, etc during the early part of the quarter," he added.
Indian shares rallied during April-June, second only to Vietnam in Asia, on signs of an economic recovery and hopes for market-friendly policies by the re-elected Congress-lead government.
The gain was the biggest rise for the benchmark since it soared 124.5 per cent in the March quarter of 1992 when Manmohan Singh, who was then finance minister, kicked off reforms to open up the economy.
However, many diversified equity funds, which held an average 15 per cent of their assets as cash at the end of March and nearly 14 per cent at end-April, missed the share market surge.
They also invested about 30 per cent of their equity assets in energy sector and defensives such as consumers and drug firms, which lagged behind sharper rallies in sectors such capital goods, financials and metals.
Wednesday, July 1, 2009
Invest in equity funds and get best gains in short span
Thursday, June 18, 2009
SEBI removes entry load on MF schemes
SEBI's new guidelines stipulates that investors directly make payments to distributors instead of MF companies deducting it from the investment made in any scheme.
"There shall be no entry load for the schemes, existing or new, of a Mutual Fund. The upfront commission to distributors shall be paid by the investor to the distributor directly," SEBI said in a statement after its board meeting.
Also read -
-World's top 10 most valuable brands list
-TATA'S are more reputed then Google, MSoft
-BSE aims at internationalization of listing business
-Effect of Recession on Indian Economy
-Economies hit by recession
-World's Strongest economies list
Further, the upfront commission to distributors shall be paid by the investor to the distributor directly, the statement said.
The equity schemes of MFs are likely to be hurt the most as they attract the most entry load among schemes.