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.
Showing posts with label trends of mutual funds. Show all posts
Showing posts with label trends of mutual funds. Show all posts
Wednesday, July 1, 2009
Invest in equity funds and get best gains in short span
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