Saturday, 2 April 2011

Some Promising Newer Funds

Fund Name

Risk

Return

Rating

Reliance Regular Savings Balanced

Low

Very High

*****

UTI Dividend Yield

Average

Very High

*****

Quantum Long Term Equity

Average

High

*****

IDFC Imperial Equity

Below Average

Above Average

****

Templeton India CAP Gift Plan

Very Low

Below Average

****

UTI Opportunities

Average

Above Average

****

ICICI Prudential Growth Inst I

Average

Average

****

Fidelity Equity

Average

Above Average

****

IDFC Premier Equity

High

Very High

****


These funds are all more than 5 years but less than 7 years old. The rating is based on the performance in the last 5 years (as on 01-April-2011). Given that the last 5 years have been quite turbulent, some of these funds could prove even better than the top funds based on the last 7 years of performance.

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