Monthly Archives: April 2009

SBI Magnum Contra Mutual Fund

Posted on April 15, 2009 by admin

Investors can consider buying into units of Magnum Contra. The fund’s consistency in containing losses in tougher periods and ability to beat the benchmark by a good margin over a longer time frame buttress the case for investment. Over a … Continue reading →

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Mutual Funds Underperform Market Indices

Posted on April 15, 2009 by admin

While equity markets gained 32.39 per cent between March 9 and April 9, average return of diversified equity fund in the same period has been 24.3 per cent. The worst performing fund in the diversified equity fund category has managed … Continue reading →

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Equity Linked Saving Schemes Performance in March

Posted on April 13, 2009 by admin

Contrary to the market perception that equity-linked savings schemes (ELSS) failed to draw investors in the past weeks of FY09, estimates show that the category posted sales of Rs 611 crore in March 2009, the highest by this mutual fund … Continue reading →

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