Bangalore: Mutual Fund is a collective scheme which brings out money from many investors to buy stocks, bonds, short-term money market instruments or different types of securities. The top 5 mutual funds for the month of April are as follows:

1. Motilal Oswal MOSt Shares

Type: Open Ended ETF

Fund Manager: Rajnish Rastogi

Launch Date: March 29, 2011

Fund Size (in Crore): 0 as on February 29, 2012

Minimum Investment (in ): 10,000

The Scheme seeks investment return that corresponds (before fees and expenses) generally to the performance of the NASDAQ-100 Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

The Net Asset Value (NAV) for the scheme is 141.16 as on April 3, 2012. Since its inception the Risk Return Value (RRV) has been 36.06 percent as on March 30, 2012 and for the month has been 8.69 percent. The Earnings Per Share (EPS) is 0.03 as on February 2012. The top holdings are - Apple, Microsoft, Google, Oracle, Intel, Cisco Systems, Qualcomm, Amazon, Amgen and Comcast.