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Top 5 Mutual Funds of The Week
By siliconindia
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Friday, 11 November 2011, 23:54 IST
Bangalore:Planning to invest in mutual funds, but unable to decide where to invest your money in? Let's take a look at the week's top five mutual funds.
Birla Sun Life Commodity Equities Fund - Gbl Multi Comm - Retail - Growth
The investment objective of this Open ended Growth Scheme is to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e., companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar investment objectives. These securities could be issued in India or overseas. The fund manger Atul Penkar, Vineet Maloo.The inception date of the scheme is 7 November 2008. The Net Asset Value as on 9 November 2011 is 13.53. The key holdings are Exxon Mobil Corporation, Chevron Corp, CF Industries Holdings, Mosaic Co.
Birla Sun Life Commodity Equities Fund - Gbl Pre Metals - Retail - Growth
The investment objective of the scheme is to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e., companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar investment objectives. These securities could be issued in India or overseas. Atul Penkar , Vineet Maloo are the fund managers of the scheme. The inception date of the scheme is 7 November 2008. The latest net asset value as on 9 November 2011 is 15.14. Some of the key holdings are Barrick Gold Corp, Goldcorp Inc, Silver Wheaton Corp.
Birla Sun Life Commodity Equities Fund - Gbl Agri - Retail - Growth
This is an Open ended growth gcheme with the objective to offer long term growth of capital, by investing in (1) stocks of commodity companies, i.e., companies engaged in or focusing on the specified commodity business and/or (2) overseas mutual fund scheme(s), that have similar investment objectives. These securities could be issued in India or overseas. Atul Penkar , Vineet Maloo are the fund managers of the scheme. The inception date of the scheme is 7 November 2008. The latest net asset value as on 9 November 2011 is 15.77. Some of the key holdings are CF Industries Holdings Inc, Deere & co,Agrium Inc.
AIG World Gold Fund - Growth
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of AIG PB Equity Fund Gold. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, in order to meet liquidity requirements from time to time. It is an open ended scheme. Vikrant Mehta is the fund manager. The inception date of the scheme is 6 June 2008. The fund size of the scheme is 211.27 as on 30 September 2011. The latest net asset value as on 8 November 2011 is 17.06. Some of the key holdings are International Fund, Cash.
Most Shares NASDAQ 100 ETF
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. Rajnish Rastogi is the fund manager of the scheme. The inception date of the scheme is 29 March 2011. The latest NAV is 118.57 as on 9 November 2011. The key holdings are Apple Inc, Microsoft Corp.