10 Best Mutual Funds For 2013


9. UTI Banking

Type: Open Ended

Fund Manager: Anoop Bhaskar and Arun Khurana

Launch Date: March 9, 2004

Fund Size (in Crore): 396.36 as on November 30, 2012

Minimum Investment (in ): 5000

Investment objective is "capital appreciation" through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.

The Net Asset Value (NAV) for the scheme is 47.87 as on December 21, 2012. The 52 week high value of the scheme is 48.61 as on December 19, 2012 and 52 week low value was 30.65 as on December 30, 2011.

Since its inception, the Risk Return Value (RRV) has been 19.50 percent and for the month has been 8.13 percent. The Earnings Per Share (EPS) is 16.23 as on November 2012.

The top holdings are ICICI BANK, HDFC Bank, State Bank of India, Axis Bank, IndusInd Bank, Bank of Baroda, Canara Bank, Punjab National Bank, Oriental Bank of Commerce and Vysya Bank.

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10. Reliance Shares Banking Exchange Traded Fund

Type: Open Ended

Fund Manager: Krishan Daga.

Launch Date: Jun 24, 2008

Fund Size (in Crore): 12.32 as on November 30, 2012

Minimum Investment (in ): 5000

The investment objective of Reliance Banking Exchange Traded Fund (RBETF) is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error. There can be no assurance or guarantee that the investment objective of RBETF will be achieved.

The Net Asset Value (NAV) for the scheme is 1,290.43 as on December 21, 2012. The 52 week high value of the scheme is 1,310.79 as on December 19, 2012 and 52 week low value was 830.06 as on December 30, 2011.

Since its inception, the Risk Return Value (RRV) has been 20.95 percent and for the month has been 7.47 percent. The Earnings Per Share (EPS) is 19.64 as on November 2012.

The top holdings are HDFC Bank, ICICI BANK, State Bank of India, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, Bank of Baroda, Yes Bank, Punjab National Bank and Canara Bank.

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