Bangalore: Investors all over the world are making fast money from mutual fund investments. It's true that mutual funds are volatile in nature and its return is subjected to market risk. But if you are a smart investor and is also quite aware of the well-performing MF in the market, then investment not only becomes easy but also profitable and risk free. Here is the list of top 10 mutual funds in which one would like to invest in 2013, as they were top performing MF in the last 12 months, as stated by Mutual Funds India.
1. ICICI Prudential Banking and Financial Services Fund - Retail
Type: Open Ended
Fund Manager: Venkatesh Sanjeevi
Launch Date: August 22, 2008
Fund Size (in Crore): Rs.209.2 as on November 30, 2012
Minimum Investment (in Rs.): 5000
It is an Open-ended equity scheme that seeks to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.
The Net Asset Value (NAV) for the scheme is Rs.22.52 as on December 21, 2012. The 52 week high value of the scheme is Rs.22.86 as on December 19, 2012 and 52 week low value was Rs.13.24 as on Deccember 30, 2011.
Since its inception, the Risk Return Value (RRV) has been 20.60 percent and for the month has been 7.75 percent. The Earnings Per Share (EPS) is Rs.15.90 as on November 2012.
The top holdings are HDFC Bank, ICICI BANK, State Bank of India, IndusInd Bank, Mahindra & Mahindra Financial Services, Union Bank Of India, Oriental Bank of Commerce, Yes Bank, Federal Bank and ING Vysya Bank.
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2. Reliance Media & Entertainment
Type: Open Ended
Launch Date: September 30, 2004
Fund Size (in Crore): Rs.85.73 as on November 30, 2012
Minimum Investment (in Rs.): 5000
The primary investment objective of the Scheme is to generate consistent returns by investing in equity / equity related or fixed income securities of media & entertainment and other associated companies.
The Net Asset Value (NAV) for the scheme is Rs.38.59 as on December 21, 2012. The 52 week high value of the scheme is Rs.39.18 as on December 20, 2012 and 52 week low value was Rs.24.44 as on January 2, 2012.
Since its inception, the Risk Return Value (RRV) has been 17.83 percent and for the month has been 6.94 percent. The Earnings Per Share (EPS) is Rs.21.63 as on November 2012.
The top holdings are Zee Entertainment Enterprises, Hathway Cable & Datacom, PVR, Hinduja TMT, Sun TV, Jagran Prakashan, Dish TV India, Hindustan Media Ventures, HT Media and Network 18 Media & Investments.
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