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Nilanjan Dey

Kolkata, Dec. 18

The new fund offers launched during the year — there are more than 20, beginning January 2006 — have produced a mixed performance so far, a look at the net asset values of these funds will indicate.

A review by distributor SKP Securities, pertaining to NAVs of growth options on December 6, points to a number of double-digit scores (that is returns since launch).

The exceptions include ABN AMRO Future Leaders (5.15 per cent), DWS Tax Saving (8.76 per cent) and ING Vysya A.T.M. (8.2 per cent).

The launch dates of the 20 funds in question vary.

Some of those launched during the early months (between January and April) have turned in over 20 per cent.

These include Birla Infrastructure (22.7 per cent), Fidelity Tax Advantage (23.24 per cent) and HSBC Advantage India (29.73 per cent).

More Stories on : New Fund Offer | Mutual Funds

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