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A versatile fund

FUND MONITOR/ FUND PICK: Kotak Balance

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SI Team Mumbai

However, it was the FMCG funds which came out on tops in the one-year returns stakes. FMCG funds returned 92.59 per cent for the year, followed by banking sector funds at 81.92 per cent. 
 

Leaders
Diversified funds
 1 month1 year
SBI Magnum Global  9410.59116.74
SBI Magnum Sec. Umbrella 8.87111.69
Taurus Discovery Stock1.83105.26
SBI Magnum Multi Plus 937.28101.25
Reliance Growth8.2098.97
Taurus Starshare6.6593.56
Prudential ICICI Discovery9.1490.10
Birla SunLife Equity Fund9.9688.71
Franklin India Prima Fund6.4288.28
DSP ML Equity Fund10.7884.84

Diversified funds posted returns of 65.64 per cent and 8.05 per cent for the past year and past month respectively. 
 

Laggards
Diversified funds
 1 month1 year
PRINCIPAL Global Opp.4.6913.75
LIC Equity Fund7.4241.40
Birla India Opportunities4.2841.54
Deutsche Alpha Equity8.2444.08
Deutsche Investment Opp.10.0946.43
UTI India Advantage Equity6.6947.69
UTI Master Growth7.9847.72
LIC MF Growth Fund6.4049.28
UTI Masterplus Unit Scheme 918.3849.41
UTI Mastershare9.2349.81
Source: www.mutualfundsindia.com

Two schemes from SBI Mutual fund stable, SBI Magnum Global fund (116.74 per cent) and SBI Magnum Sector Umbrella

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First Published: Oct 03 2005 | 12:00 AM IST

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