Bangalore: Mutual Fund is a collective scheme which brings out money from many investors to buy stocks, bonds, short-term money market instruments or different types of securities. The top 5 mutual funds for the month are as follows:
1. Motilal Oswal MOSt Shares
Type: Open Ended ETF
Fund Manager: Rajnish Rastogi
Launch Date: March 29, 2011
Fund Size (in Crore): 0 as on February 29, 2012
Minimum Investment (in Rs.): 10,000
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.
The Net Asset Value (NAV) for the scheme is Rs.134.32 as on March 14, 2012. Since its inception the Risk Return Value has been 31.5 percent as on March 14, 2012 and for the month has been 6.52 percent. The earnings per share is Rs.0.03 as on February 2012. The top holdings are Apple, Microsoft, Google, Oracle, Intel, Cisco Systems, Qualcomm, Amazon Com, Amgen, and Comcast.
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