10 Best Mutual Funds For 2013


5. Reliance Banking Fund - Regular - Growth

Type: Open Ended

Fund Manager: Sanjay Parekh and Shrey Loonkar

Launch Date: May 26, 2003

Fund Size (in Crore): 1899.07 as on November 30, 2012

Minimum Investment (in ): 5000

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related or fixed income securities of companies in the banking sector.

The Net Asset Value (NAV) for the scheme is 117.37 as on December 21, 2012. The 52 week high value of the scheme is 119.36 as on December 19, 2012 and 52 week low value was 74.83 as on December 29, 2011.

Since its inception, the Risk Return Value (RRV) has been 29.31 percent and for the month has been 7.76 percent. The Earnings Per Share (EPS) is 14.03 as on November 2012.

The top holdings are ICICI BANK, HDFC Bank, Bajaj Finance, State Bank of India, Federal Bank, Bank of Baroda, Axis Bank, Canara Bank, Oriental Bank of Commerce and ING Vysya Bank.

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6. Religare Banking

Type: Open Ended

Fund Manager: Amit Ganatra.

Launch Date: Jul 14, 2008

Fund Size (in Crore): 49.74 as on November 30, 2012

Minimum Investment (in ): 5000

The investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services.

The Net Asset Value (NAV) for the scheme is 23.39 as on December 21, 2012. The 52 week high value of the scheme is 23.78 as on December 19, 2012 and 52 week low value was 15.07 as on December 30, 2011.

Since its inception, the Risk Return Value (RRV) has been 21.09 percent and for the month has been 6.22 percent. The Earnings Per Share (EPS) is 17.02 as on November 2012.

The top holdings are ICICI BANK, HDFC Bank, Axis Bank, Jammu and Kashmir Bank, Karur Vysya Bank, Federal Bank, Corporation Bank, ING Vysya Bank, Yes Bank and State Bank of India.

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