Saturday, May 3, 2008

110 Equity mutual funds outperformed Sensex

Investorline Services

110 Equity mutual funds outperformed Sensex

Posted: 02 May 2008 06:23 PM CDT

11 Apr 2008 | 19:16 110 Equity mutual funds outperformed Sensex Equity mutual funds as a class posted an average return of 17.19%, underperforming the Sensex return of 19.00%, over the one-year period ended 10 April 2008. Of the 259 equity schemes, 132 exceeded the category average of 17.19% in the one-year period, while 110 outperformed the Sensex that is posted returns of 19.00%. The topper was Reliance Diversified Power Sector (G) with 76.70% return. In the equity category, the diversified category and tax planning underperformed the Sensex, giving a category average of 18.41%; and 18.84% respectively. In the equity diversified category, out of the 144 schemes, 69 exceeded the category average of 18.41%, while 65 outperformed the Sensex return of 19.00%, over the one-year period ended 10 April 2008. Stan Chart Premier Equity Fund with growth option ranked the first position, with 51.08% return, followed by Reliance Regular Savings Fund - Equity (G) with 51.06% return. DWS...



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