Business Daily from THE HINDU group of publications
Friday, Nov 10, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Markets - Mutual Funds
Money chases performers

Nilanjan Dey

Kolkata, Nov. 9

A look at the latest AUM (assets under management) figures show how investors have tailed performers and avoided those that have failed to deliver much, long 10-year stretches notwithstanding, MF circles point out. Unmistakably, this has given rise to an important trend: Many of the top performing funds are also among the largest.

The toppers' list has Reliance Growth (Rs 2,336 crore, as on September 30), Reliance Vision (Rs 1,960 crore) Franklin Bluechip (Rs 2,419 crore), Franklin Prima (Rs 1,731 crore), HDFC Equity (Rs 3,498 crore) and HDFC Top 200 (Rs 1,484 crore).

At the other end of the spectrum are smaller-sized funds such as Cangrowth Plus (Rs 10 crore), Tata Growth (Rs 33 crore) and JM Equity (Rs 47 crore).

More Stories on : Mutual Funds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Bajaj Allianz's new unit-linked plan


Crisil unveils ranking of MFs
Money chases performers
SEBI to re-look at MF trustee's role
Maruti slips 3% after Nissan ends Suzuki talks
Triton Corp, GTL Infra relisting
Pantaloon Ind to de-list shares
Raunaq Auto turns active
Nirlon hits upper circuit
Volatile movement
10-year scorecard: Diversified equity funds run `a mixed course'
Foreign holding controls quarter of Sensex m-cap
IVRCL Prime eyes IPO/pvt equity route
Benchmarks end with modest gains
Crisil assigns `1/5' to IPOs of Celestial Labs, Bhagwati Banquets


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line