Business Daily from THE HINDU group of publications
Friday, Nov 10, 2006
ePaper
Business Daily from THE HINDU group of publications Friday, Nov 10, 2006 ePaper |
|
|
|
|
|
|
|
Markets
-
Mutual Funds Industry & Economy - Credit Rating Our Bureau
Mumbai , Nov 9 Sundaram BNP Paribas Select Midcap-Growth has topped the category of equity-diversified schemes, according to Crisil Risk Adjusted Return Ranking (Crisil-RRR) of mutual fund schemes in October. UTI Infrastructure Fund-Dividend moved up one notch to second spot, followed by HDFC Growth Fund-Growth. The benchmark for the Diversified Equity Funds category, Crisil Fund-eX, generated returns of 48.20 per cent for the year ended October 31, 2006. In the Income Funds category, Birla Income Plus Plan B-Growth is at the top, followed by Reliance Income Fund-Growth and Birla Sun Life Income Fund-Growth. In the Debt Short-Term category, Reliance Short Term Fund-Growth continued to top the charts, followed by Kotak Bond Short Term Plan-Growth and Tata Short Term Bond Fund-Growth. The Crisil STBEX, the benchmark for short-term income funds, generated returns of 4.96 per cent for the year ended October 31, 2006. The benchmark for Balanced Fund category, the Crisil Fund-bX, generated returns of 39.07 per cent for the year ended October 2006. FT India Balanced Fund-Growth moved up eight notches to top slot, followed Sundaram BNP Paribas Balanced Fund-Growth; DSP Merrill Lynch Balanced Fund-Growth moved three notches to third spot. The Crisil-RRR for October 2006 covered 12 asset classes and 274 schemes, representing 55 per cent of the assets managed by domestic funds. It measures the return performance of the schemes over the period of analysis, adjusted for the risks they took to get those returns.
More Stories on : Mutual Funds | Credit Rating
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
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
|