Best Equity Mutual Funds

[kneekill]

thanks just say raj for the quick reply and clarifying my questions

If i invest online will entry load be charged every month when i invest in a (SIP) ML or for the first time when i start investing in that particular fund..?

i guess entry means for the first time ..but still need your clarifications...

 

[vasa1]

Re: Index Funds

Why is nobody recommending Index Funds on this board?

Two or three reasons:

Index funds aren't pushed since there's no load and hence no incentive for agents to recommend the same.

In India, at least over the years that index funds have been in existence, they don't seem to have outperformed actively-managed equity funds. I know that the theory is that in the long term no one can beat the market (i.e.) index funds. But so far and in India that isn't the case.

No dividend.

 

[mrindia]

thanks just say raj for the quick reply and clarifying my questions

If i invest online will entry load be charged every month when i invest in a (SIP) ML or for the first time when i start investing in that particular fund..?

i guess entry means for the first time ..but still need your clarifications...

Hi!
If you invest online through a 'broker' e.g. ICICI-Direct etc, entry load will be charged each time you have an additional purchase even.
Only 'Direct' investments on-line/off-line are exempt from entry load.
mr india

 

[Vicky78]

Guys

Those who are interested in knowing about the long term results, here are the 10 year returns of mutual fund. Although this is not the only parameter to judge its performance, it is a good one to know. Got this data from Lipper's website

HDFC Taxsaver-Div Plan -44.3%
Birla SL Tax Relief '96-Div -37.9
Reliance Growth Fund-Gth Plan -37.9
HDFC Equity Fund-Growth -36.1%
Franklin India Prima Fund-Gth -35.77%
Franklin India Prima Plus-Gth -34.66%
Sahara Tax Gain Fund-Gth -33.81%
Franklin India Bluechip Fd-Gth -33.55%
Principal Personal Tax Saver -32.82%
Reliance Vision Fund-Growth -32.28%
Tata Tax Saving Fund -31.14%
Principal Tax Savings Fund -29.3%
Birla Advantage Fund-Dividend -28.49%
HDFC Top 200-Dividend -28.46%
DSP Merrill Lynch Equity-Div -28%
Birla Advantage Fund-Growth Pl -26.76%
Sundaram Growth Fund-Growth -26.74%
HDFC Capital Builder Fund-Div -26.32%
Tata Select Equity Fund-Growth -26.04%
Templeton India Growth Fd-Div -25.15%
SBI Magnum Global Fund-Div -24.67%
Morgan Stanley Growth Fund -22.58%
SBI Magnum Equity Fund-Div -22.5%
BOB Diversified Fund -16.88%
Canara Robeco Fortune' 94 -16.75%
UTI Equity Fund-Dividend -15.71%
UTI Mastershare-Income -14.4%
DBS Chola Opportunities-Qtrly -13.12%
DBS Chola Opportunities-Cum -12.73%
http://www.lipperweb.com/research/screener.asp

 

[Vicky78]

Lipper ratings - most consistant over a 10 year period
http://www.lipperweb.com/research/screener.asp

Principal Tax Savings Fund
Franklin India Bluechip Fd-Gth
Franklin India Prima Plus-Gth
Reliance Growth Fund-Gth Plan
HDFC Equity Fund-Growth
HDFC Taxsaver-Div Plan

Consistant returns over 5 year period

Birla Sun Life Equity Fund-Gth
Birla Equity Plan-Dividend
Reliance Growth Fund-Gth Plan
Reliance Vision Fund-Growth
SBI Magnum Global Fund-Div
SBI Magnum Multi+ Scheme 93-D
SBI Magnum Tax Gain Scheme-Div
SBI MSFU-Contra-Div
Tata Pure Equity Fund-Growth
Tata Select Equity Fund-Growth
HDFC Equity Fund-Growth
HDFC Top 200-Growth
DSP Merrill Lynch Equity-Div
DSP Merrill Lynch Oppor Fd-Gth
HDFC Growth Fund-Growth
Taurus Star Share
Sundaram Select Midcap-Growth
Birla Midcap Fund-Growth
HSBC Equity Fund-Growth
Tata Equity Oppor Fund-A-Reg

 

[Vicky78]

Lipper rating - Best Performance during market downturn 10 year period. Suprised not to find Templeton India growth in this list.
http://www.lipperweb.com/research/screener.asp

Franklin India Bluechip Fd-Gth
Franklin India Prima Plus-Gth
HDFC Capital Builder Fund-Div
HDFC Equity Fund-Growth
HDFC Taxsaver-Div Plan
HDFC Top 200-Dividend

Best perfomace during downturn 5 year period

Birla MNC Fund-Plan A-Dividend
Escorts Opportunities Fund-Div
Canara Robeco Fortune' 94
Franklin India Prima Plus-Div
SBI Magnum Tax Gain Scheme-Div
SBI MSFU-Contra-Div
Tata Pure Equity Fund-Growth
HDFC Equity Fund-Dividend
HDFC Taxsaver-Div Plan
HDFC Top 200-Dividend
ICICI Prudential CCP-Gift Plan
HDFC Growth Fund-Growth
HDFC Long Term Advantage-Gth
UTI Equity Fund-Dividend
UTI MNC Fund-Income
HDFC Index Fund Sensex Plus
Birla Sun Life Frtlne Eq-B Gth
HSBC Equity Fund-Dividend
Tata Index Fund-Sensex A-Gth
DSPML Top 100 Equity Fund-Gth

 

[MFadvisor]

Hi,
i want to start investing small amounts say 3k per month in sip's. can someone suggest which ones 2 go for this new year?
thanx in advance.

Hi,
SIP is the best way to start saving money.
you can choose any 2 funds from the following
1) HDFC Equity Fund
2) SBI contra Fund
3) Reliance Growth Fund
4) Fidelity Equity Fund

 

[ravi123456]

Needs diff in few funds...

I am planning to invest for long term with plain vanilla equity ones.Below are the ones, I came up with.
Does all these fall into the same cate or anything different for each one of these.I did some research but could not get much difference for all the below ones. I would appreciate if someone can shed some light.Also any recomendations...

Birla Sun Life Frontline Equity Fund (G)

Franklin India Prima Plus Fund (G)

Tata Pure Equity Fund (G)

HDFC top 200

DSPMPL Top 100-RP

 

[Vicky78]

Re: Needs diff in few funds...

You are right , this not much difference in any any of the above funds.

Franklin Prima Plus, Dsp Ml Top 100 and HDFC Top 200 are all large cap funds. You can pick one among the 3.

Birla Sunlife Frontline Equity & Tata Pure Equity are diversified funds with large cap bias. Birla Sunlife Frontline Equity would be a better choice.

You can consider adding one multicap fund apart from these 2 like dsp ml equity or birla sunlife equity.

If you want an aggressive portfolio you can add an oppotunistic fund like Kotak opportunities or Reliance Growth.

If you want a defensive portfolio you can add a balanced fund like HDFC Prudence.

 

[ravi123456]

Re: Needs diff in few funds...

Thanks Viky...Below is my future portfolio.Any sugestions would be greatly appreciated...


Birla Sun Life Frontline Equity Fund (G)

DSP-ML Equity Fund - Regular Plan (G)

Franklin India Prima Plus Fund (G)

Kotak Opportunities Fund (G)

SBI Magnum Contra Fund (G)

Reliance Growth Fund

Sundaram BNP Paribas Select Midcap (G)

DSP-ML India T.I.G.E.R. Fund - Regular Plan (G)