Top 5 Mutual Funds of The Week


Bangalore: Planning to invest in Mutual fund but unable to decide which scheme will help you get good returns? So lets take a look at the top five mutual funds according to Mutualfund India that will help you decide which scheme will work in your favour. Here is a list of the top five mutual funds: Axis Hybrid Fund - Series 1 - Growth The investment objective of the scheme is to generate income by investing in high quality fixed income securities whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments. It is a close ended scheme. R Sivakumar is the fund manager of the scheme. The inception date of the scheme is 18 August 2011. The fund size of the scheme as on 30 September 2011 is 149.97. The latest NAV as on 21 October is 11.16. Some of the key holdings are Cash, Rural Electrification Corporation, Housing Development Finance Corporation. Birla Sun Life Capital Protection Oriented Fund - Series 7 - Growth The investment option of the scheme seeks to provide capital appreciation linked to equity market with downside protection at the end of tenure. It is a close ended scheme. Ajay Garg , Satyabrata Mohanty are the fund managers of the scheme. The inception date of the scheme is 4 October 2011. The latest NAV as on 21 October 2011 is 10.63. DSP BlackRock World Energy Fund - Regular - Growth The investment objective of the scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds - World Energy Fund and BlackRock Global Funds - New Energy Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. Mehul Jani is the fund manager of the scheme. The inception date of the scheme is 14 August 2009. The fund size of the scheme is 177.58 as on 30 September 2011. The latest NAV is 11.26 as on 21 October 2011. Some of the top holdings are International Fund, CBLO. Axis Hybrid Fund - Series 2 - Growth The investment objective of the scheme is to generate income by investing in high quality fixed income securities whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments. It is a close ended scheme. R Sivakumar is the fund manager of the scheme. The inception date of the scheme is 7 September 2011. The fund size is 236.86 as on 30 September 2011. The latest NAV is 11.19 as on 21 October 2011. Some of the key holdings are Housing Development Finance Corporation, CASH, NABARD.