Top 5 Mutual Funds of The Week


Bangalore: Planning to invest in mutual funds, but confused which scheme to invest your money in? Let's take a look at the week's top five mutual funds. Here are the top five mutual funds of the week according to MutualFunds India. Axis Hybrid Fund - Series 2 - Growth The primary objective of this close ended 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. the fund manager of the scheme is R Sivakumar. The scheme was initiated on 7 September 2011. The total fund size is 246.93 as on 31 October 2011. The net asset value of the scheme as on 24 November 2011 is 10.69. Some of the key holding of the company is Nifty, Housing Development Finance Corporation, NABARD. ICICI Prudential Interval Fund - Quarterly Interval I - Inst - Growth The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The scheme was initiated on 17 November 2008. The net asset value of the scheme as on 24 November 2011 is 11.12. Some of the key holding of the company is Corporation Bank, Indian Overseas Bank, Central Bank of India. ICICI Prudential Interval Fund - Quarterly Interval I - Growth The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. Chaitanya Pande is the fund manager of the scheme. The scheme was initiated on 15 May 2007. The net asset value of the scheme as on 24 November 2011 is 13.98. Some of the key holding of the company is Corporation Bank, Indian Overseas Bank, Central Bank of India. IDFC Government Securities Fund - Institutional Plan - PF Plan - Plan B - G GGSF is an open-ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing in Government Securities. Suyash Choudhary is the fund manager of the scheme. The scheme was initiated on 29 March 2004. The net asset value of the scheme as on 24 November 2011 is 16.54. Some of the key holding of the company is GOI, Clearing Corporation of India. IDFC Government Securities Fund - PF Plan - Plan A - Growth GGSF is an open-ended dedicated gilt scheme with an objective to generate optimal returns with high liquidity by investing in Government Securities. Suyash Choudhary is the fund manager of the scheme. The scheme was initiated on 29 March 2004. The net asset value of the scheme as on 24 November 2011 is 16.29. Some of the key holding of the company is GOI, Clearing Corporation of India.