143 Equity Schemes Outperformed Sensex

Equity mutual funds as a class posted an average return of 43.41%, out performing the Sensex return of 39.31%, over the one-year period ended 3 August 2007. Of the 231 equity schemes, 103 exceeded the category average of 43.41% in the one-year period, while 143 outperformed the Sensex that is posted 39.91%. The topper was Reliance Diversified Power Sector (G) with 88.30% return.
In the equity category, the Midcap, diversified categories and tax planning outperformed, giving a category average of 48.16%, 47.94 % and 45.40%, respectively.

In the equity diversified category, out of the 129 schemes, 59 exceeded the category average of 44.36%, while 86 outperformed the Sensex return of 39.31%, over the one-yea period ended 3 August 2007. JM Basic Fund clinched the first position, with 84.67% return, followed by Stan Chart Premier Equity Fund (G), with 75.98% return.

In the mid-cap segment, Magnum Midcap Fund the topper, with 62.58% return, exceeding the category average of 47.94%, followed by Junior BeES with 62.16% return. Out of 24 outperformed 6 schemes the CNX Midcap index, with 54.92% return.

Pru ICICI FMCG Fund (G) was the topper in the FMCG category, with 31.51% return, outperforming the category average of 16.15% and out performing the BSE FMCG index with 5.37% returns.

In the tax-planning category, of the 25 schemes, 10 outperformed the category average of 45.40% Principal Personal Tax Saver Fund (G) Scheme, with 74.26% return, clinched the top position.

In the pharma segment, of the five schemes, one exceeded the category average of 26.56%. Reliance Pharma Fund (G) was the only scheme posted 57.79% return. It also, exceeded Sensex return of 39.31%.

Among the index funds, 6 of the 26 schemes exceeded the category average of 37.38%. Bank BeES topped the category with 69.25% return, followed by Birla Index Fund (G) with 35.05% returns.

In the IT category, four of the seven schemes outperformed the category average of 41.84%, while six exceeded the CNX IT return of 16.38%. DSP ML Technology.com (G) was the topper, with 77.31% return, followed by ICICI Pru Technology Fund (G), with 59.18% return. Six schemes exceeded the BSE Infotech index, which gave 17.06% return.

Among the Fixed Maturity Plan, 7 of the 33 schemes exceeded the category average of 9.07%. FT FTF-Series1-60 Month (G) topped the category with 18.73% return, followed by FT FTF - Series II - 60 Month (G) with 18.41% return.

In the Floating Rate Income Fund, 36 of the 57 schemes outperformed the category average of 7.29%, while 45 exceeded the Crisil Composite Bond Fund Index return of 6.42%. Sundaram BNP Paribus Floating Rate-LT-IP- (G) was the topper with 24.96% return, followed by Templeton Floating Rate Income - LT- Inst (G), with 8.53% return.

Among the Gilt Fund, 25 of the 58 schemes exceeded the category average of 6.49% while 1 scheme exceeded the I Sec Composite Gilt benchmark return of 11.23%. ICICI Pru Gilt Fund Invest- PF Option topped the category with 11.24% return.

In the Monthly Income Plan, 21 of the 46 schemes outperformed the category average of 11.26%, while 21 exceeded the C Mipex (MIP Blended Index) return of 11.14%. Cancigo (G) topped the category with 23.62% return, followed by Reliance Regular Savings Fund - Balanced (G) with 17.19% return.

In the Short Term Income Plan, 26 of the 32 schemes outperformed the category average of 6.98%, while 23 exceeded the Crisil Short-Term Bond Fund Index return of 7.35%. Birla Sun Life Short Term Fund (G) topped the category with 9.72% return, followed by Grindlays SSIF -STP-Super Inst (G) with 9.45% return.