Top 3 Mutual Funds for 2010

by khalid on 03/01/2010 · 0 comments

The investors can put their money for long term period in these 3 mutual funds from large cap and mid cap space in 2010. Their past performance for 5 years is given in following table and a comparative study with main benchmark indexes.

The markets trading at a P/E multiple of well over 21 times from 11 times at the start of year, the upside in the indices may be limited from here on. So equity investing in 2010 may require greater stock selection skills. Why not select actively managed diversified funds for your portfolio? Here are the selective three.

1. Birla Sunlife Midcap: A consistent performer across the market cycles, this fund outpaced its benchmark over a three and five-year period by a good margin and can lend support to one’s portfolio returns. It is therefore worthy of a place in your core portfolio.

2. DSP BlackRock Equity: DSPBR Equity and DSPBR Top 100 more or less has similar investment strategy in selecting sectors. But the former invests sizable assets in mid- and small-cap stocks while the latter sticks to its mandate of investing in large caps. The advantage of DSPBR Equity is that the fund prefers to stay invested in equities irrespective of the market condition and despite the presence of the mid and small-cap stocks.

3. HDFC Top 200 : Which invests in the top 200 companies by market capitalisation, despite its ever growing asset size (Rs 5,781 crore) continued to maintain its tempo and beat its benchmark BSE 200 by a wide margin.

NameReturn in 1 year (%)Return in 3 years (%)Return in 5 years (%)
Birla Sunlife Mid Cap119.817.627.8
DSPBR Equity90.717.729.7
HDFC Top 20094.517.928.5
Sensex81.08.221.5
Nifty75.89.420.1
BSE 20088.59.619.7
CNX Nifty99.012.620.0
CNX 50088.69.519.1
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