i Develop Stocks Advisory

Monthly performance update on Equity Mutual Funds After the disastrous month of March, April marked a turn around for equity markets. The BSE Sensex gained 10.5 per cent, S&P Nifty delivered 9.11 per cent, the smaller caps i.e. the BSE Mid cap and BSE Small cap indices managed to keep up with their 11 odd per cent returns. But clearly the best performer amongst the equity class of funds was the technology category. On the back of earnings that met broad market expectations as well as the extension of a tax holiday for exporters upto 2010, technology stocks rallied. Infrastructure funds which usually top the charts were seen at the bottom owing to the disappointing performance of capital goods companies. While Global funds were clear out performers over the month of March, a better performance by domestic bourses relative to its global counterparts pulled up the performance of domestic funds. While domestic funds are still far from making good their losses since January, the recent rally has gone a long way to soothe panicky investors. It remains to be seen whether the market will continue its rally over the forthcoming month. So far there are not many strong cues to support such a rally. The industrial output numbers for March and Inflation movement will be closely watched. Category Average Returns (%) Minimum Returns (%) Maximum Returns (%) Technology 12.39 5.44 17.76 Pharma 11.74 9.63 13.27 Tax Planning 9.14 3.61 17.35 Equity Diversified 9.06 2.71 18.55 Global Funds 8.84 5.22 10.82 Index Funds 8.78 3.97 10.75 FMCG 8.19 5.56 11.42 Infrastructure 7.5 4.83 10.17 MNC 5.7 5.09 6.27 Monthly Returns as of April 30 Technology Funds Scheme Name 1 Month Return (%) * Rank Franklin Infotech Fund - Growth 17.76 1 UTI Growth Sector Fund - Software - Growth 15.92 2 Tata Life Sciences and Technology Fund - Appr 15.54 3 SBI Magnum Sector Umbrella - Infotech 12.74 4 DSP Merrill Lynch Technology.com Fund - Reg – Growth 11.81 5 * Absolute Returns Pharma Funds Scheme Name 1 Month Return (%) * Rank SBI Magnum Sector Umbrella - Pharma - Growth 13.27 1 UTI Growth Sector Fund - Pharma and Healthcare – Growth 12.83 2 JM Healthcare Sector Fund - Growth 12.32 3 Reliance Pharma Fund - Growth 10.66 4 Franklin Pharma Fund – Growth 9.63 5 * Absolute Returns Tax Planning Funds Top Five Scheme Name 1 Month Return (%) * Rank Taurus Libra Taxshield 17.35 1 ICICI Prudential Taxplan – Growth 13.76 2 ING Tax Saving Fund – Growth 13.3 3 DBS Chola Taxsaver Fund - Growth 11.63 4 DWS Tax Saving Fund – Growth 11.2 5 * Absolute Returns Bottom Five Scheme Name 1 Month Return (%) * Rank BOB ELSS 96 6.69 25 PRINCIPAL Tax Savings Fund 6.6 26 HDFC Taxsaver – Growth 5.36 27 Lotus India Tax Plan – Growth 5.06 28 Escorts Tax Plan – Growth 3.61 29 * Absolute Returns Equity Diversified Funds Top Five Scheme Name 1 Month Return (%) * Rank JM Contra Fund – Growth 18.55 1 JM Emerging Leaders Fund - Growth 17.58 2 Sahara Midcap Fund - Growth 14.66 3 LIC Equity Fund – Growth 14.4 4 Franklin India Opportunity Fund - Growth 14.34 5 * Absolute Returns Bottom Five Scheme Name 1 Month Return (%) * Rank Escorts High Yield Equity Plan – Growth 5.1 138 SBI Magnum Midcap Fund - Growth 4.06 139 Escorts Growth Plan - Growth 4.02 140 Excel India Fund 3.9 141 India Advantage Fund 2.71 142 * Absolute Returns Global Funds Scheme Name 1 Month Return (%) * Rank ABN AMRO China-India Fund – Growth 10.82 1 Birla Sunlife International Equity Fund - Plan A - Growth 5.22 6 Birla Sunlife International Equity Fund - Plan B - Growth 7.05 5 Fidelity International Opportunities Fund – Growth 10.82 1 Franklin Asian Equity Fund -Growth 9.76 2 ICICI Prudential Indo Asia Equity Fund - Ret - Growth 9.01 3 PRINCIPAL Global Opportunities Fund – Growth 9 4 * Absolute Returns Index Funds Top Five Scheme Name 1 Month Return (%) * Rank Franklin India Index Fund - BSE Sensex Plan - Growth 10.75 1 UTI Master Index Fund - Growth 10.63 2 HDFC Index Fund - Sensex Plan 10.3 3 Tata Index Fund - Sensex Plan - Option A 10.28 4 HDFC Index Fund - Sensex Plus Plan 9.33 5 * Absolute Returns Bottom Five Scheme Name 1 Month Return (%) * Rank LIC MF Index Fund - Nifty Plan - Growth 8.75 16 SBI Magnum Index Fund - Growth 8.64 17 ING Nifty Plus Fund – Growth 8.04 18 Reliance Index Fund - Nifty Plan - Growth 4.17 19 Reliance Index Fund - Sensex Plan – Growth 3.97 20 * Absolute Returns FMCG Funds Scheme Name 1 Month Return (%) * Rank SBI Magnum Sector Umbrella - FMCG 11.42 1 Birla SunLife Buy India Fund - Growth 9.11 2 ICICI Prudential FMCG - Growth 6.66 3 Franklin FMCG Fund - Growth 5.56 4 * Absolute Returns Infrastructure Funds Scheme Name 1 Month Return (%) * Rank Canara Robeco Infrastructure Fund - Growth 10.17 1 ICICI Prudential Infrastructure Fund - FII Growth 8.96 2 ICICI Prudential Infrastructure Fund - Growth 8.9 3 Birla Infrastructure Fund - Growth 8.33 4 Tata Infrastructure Fund - Growth 8.04 5 * Absolute Returns MNC Funds Scheme Name 1 Month Return (%) * Rank Kotak MNC Fund 6.27 1 UTI MNC Fund - Growth 5.75 2 Birla MNC Fund - Growth 5.09 3 * Absolute Returns * Monthly Returns as of April 30