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Top five Mutual Fund Schemes
By siliconindia
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Wednesday, 01 June 2011, 20:17 IST
Bangalore: This week's top five schemes according to Mutual Funds of India have been announced. These Mutual Funds have done a lot to add value to the investing experience, whether in the form of unique schemes or innovative management or sheer professionalism. Securing the top most position is Templeton India an open-end diversified equity fund.
Templeton India set off on May 18, 2006 seeks to provide an amalgamation of regular income and long term capital appreciation by investing chiefly in stocks that have a current on potentially engaging dividend yield. Dr. J. Mark Mobius assisted by Chetan Sehgal, Vikas Chiranewal (dedicated foreign securities fund manager) is the fund manager, with total size of the fund being 1163.1 crore as on April 29, 2011 and a face value of 10. Some of the key holdings are Tata Chemicals, Sundaram Finance Services, Union Bank of India. The dividend plan as of May 31, 2011 is 
14.7198. Focusing on Indian and emerging market stocks that are attractive from a dividend yield perspective around 65 percent exposure is to Indian companies.
SBI Dynamic bond fund tops the list after Templeton. It manages a portfolio of fine quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the unit holders. This open ended scheme that was onset on February 9, 2004 doesn't assure or guarantee any returns. Sankar V B Chebiyyam is the fund manager with the total size of the fund being 16.68 crore as on Apr 30, 2011. Collateralized Borrowing and Lending Obligation (CBLO), Hero Investments and ICICI BANK are some of the major holdings. The dividend declared on Mar 31, 2005 was 1 percent and the NAV recorded on May 31, 2011 was 11.93 percent.
HDFC Balanced Fund was also listed among the top companies. The primary objective of the Scheme is to yield capital appreciation along with current income from a joint portfolio of equity & equity related and debt & money market instruments. Chirag Setalvad, Anand Laddha are the fund managers with the fund size being 260.09 crore as on Apr 30, 2011. The NAV was recorded 56.74 percent as on May 31, 2011. The company declared a dividend on the face value of Rs 10 per unit as 1.25 on April 2011. Tata Motors, Canara Bank, Bajaj Finance, Coal India are some of the key holdings of HDFC Balanced Fund.
SBI Magnum MIP: Floater grabbed a place in the list of top five mutual funding companies that was initiated on Dec 21, 2005. This company offers regular income, liquidity and attractive returns to investors in addition to extenuating the impact of interest rate risk through an actively administered portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives. Sankar V B Chebiyyam is the fund manager and the total fund size being 10.98 crore as on Apr 29, 2011 . The dividend yielded was 0.76 as on April,2011. The key holders are UCO Bank, Central Bank of India, Bank of India.
Escorts Liquid Plan a competitor that captured the fifth position is a primary investment whose objective of the scheme is to provide income and liquidity consistent with the discreet risk from a portfolio comprising of money market and debt instruments. This income may be complemented by possible capital appreciation. Started on Oct 3, 2005 with the aim to optimize returns while providing liquidity. Surabhi Chaddha is the fund manager and the fund size being 31.62 crore as on Mar 31, 2011. The NAV was 15.12 percent as on May 31, 2011. Some of its crucial holders are Religare Finvest, Edelweiss Capital, Future Capital Holdings.
14.7198. Focusing on Indian and emerging market stocks that are attractive from a dividend yield perspective around 65 percent exposure is to Indian companies.
SBI Dynamic bond fund tops the list after Templeton. It manages a portfolio of fine quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the unit holders. This open ended scheme that was onset on February 9, 2004 doesn't assure or guarantee any returns. Sankar V B Chebiyyam is the fund manager with the total size of the fund being 16.68 crore as on Apr 30, 2011. Collateralized Borrowing and Lending Obligation (CBLO), Hero Investments and ICICI BANK are some of the major holdings. The dividend declared on Mar 31, 2005 was 1 percent and the NAV recorded on May 31, 2011 was 11.93 percent.
HDFC Balanced Fund was also listed among the top companies. The primary objective of the Scheme is to yield capital appreciation along with current income from a joint portfolio of equity & equity related and debt & money market instruments. Chirag Setalvad, Anand Laddha are the fund managers with the fund size being 260.09 crore as on Apr 30, 2011. The NAV was recorded 56.74 percent as on May 31, 2011. The company declared a dividend on the face value of Rs 10 per unit as 1.25 on April 2011. Tata Motors, Canara Bank, Bajaj Finance, Coal India are some of the key holdings of HDFC Balanced Fund.
SBI Magnum MIP: Floater grabbed a place in the list of top five mutual funding companies that was initiated on Dec 21, 2005. This company offers regular income, liquidity and attractive returns to investors in addition to extenuating the impact of interest rate risk through an actively administered portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives. Sankar V B Chebiyyam is the fund manager and the total fund size being 10.98 crore as on Apr 29, 2011 . The dividend yielded was 0.76 as on April,2011. The key holders are UCO Bank, Central Bank of India, Bank of India.
Escorts Liquid Plan a competitor that captured the fifth position is a primary investment whose objective of the scheme is to provide income and liquidity consistent with the discreet risk from a portfolio comprising of money market and debt instruments. This income may be complemented by possible capital appreciation. Started on Oct 3, 2005 with the aim to optimize returns while providing liquidity. Surabhi Chaddha is the fund manager and the fund size being 31.62 crore as on Mar 31, 2011. The NAV was 15.12 percent as on May 31, 2011. Some of its crucial holders are Religare Finvest, Edelweiss Capital, Future Capital Holdings.
