Banking on `Gen Next`

FUND LAUNCH

Infosys Technologies 10.52 Bharat Heavy Electricals 9.39 State Bank of India8.18 Tata Consultancy Services 6.51 Bharati Tele - Ventures6.37 Hindalco Industries 5.05 Oil & Natural Gas Corp4.88 ITC 4.81 Punjab National Bank3.96 Crompton Greaves 3.54

HSBC Midcap Equity Fund
(Fund size = Rs 377.95 crore)	% of net assets
New Delhi Television	4.56
Punjab Tractors	4.23
CESC	3.9
EID Parry (India)	3.83
Hotel Leela Venture	3.66
KEC International	3.5
Karnataka Bank	3.23
NIIT Technologies	3.09
Gateway Distriparks	3.06
Mahavir Spinning Mills	2.97

SBI Magnum Midcap Fund
(Fund size = Rs 613.54 crore)	% of net assets
Ballarpur Industries	4.64
Arvind Mills	4.51
IVRCL Infrastructure & Projects	4.48
Crompton Greaves	4.11
Jaiprakash Industries	4.08
Thermax Limited	3.85
Hexaware Technologies	3.67
Raymond	3.64
Lupin	3.61
Jindal Saw	3.49

Tata Service Industries Fund
(Fund size = Rs 279.53 crore)	% of net assets
Infosys Technologies	4.03
Subex Systems	3.6
Indian Hotels Co	3.44
Kpit Cummins	3.22
Taj GVK Hotels	2.88
Reliance Energy	2.79
Hotel Leela Venture	2.69
Wipro	2.69
HCL Technologies	2.63
Satyam Computer Services	2.43
Source: www.mutualfundsindia.com

 The fact that there are no comparable thematic funds among equity diversified schemes makes Gen Next fund unique. Whether that advantage translates into performance remains to be seen.