Best Performing HDFC Equity Mutual Funds

Top Mutual Funds in Best Performing Equity Mutual Funds in India

Do you want to ride the high short-term interest rates? Here are some selected new mutual fund instruments.

With rates near cycle highs, investing in best fixed maturity plan FMP, short-term mutual funds, ultra short-term mutual funds and related fixed income instruments may be a better option. Equity investments at this stage require at least a 2-3 year horizon.
The following are new  and selected short-term, ultra short-term, FMP mutual funds being offered by various AMCs as of June 18 2011.

The best performing Large-Cap Mutual Funds India

The best performing Mutual Funds in Dividend Yield Mutual Funds India

The best performing Midcap Mutual Funds

The best performing Mutual Funds in Liquid and Ultra Short-Term Mutual Funds

Liquid funds, money market funds, ultra short-term Mutual Funds are good for parking surplus funds that is likely to be deployed elsewhere in less than 2-3 months.  Liquid mutual funds hold securities with maturities of less than 91 days. Liquid mutual funds provide opportunity to earn returns higher than savings bank account. Ultra short-term bond funds can hold securities of maturity longer than 91 days and hence can provide marginally higher returns than liquid funds. Money in a liquid fund can be redeemed within a day. Tax on dividend income is 25 per cent for liquid funds and 12.5 per cent for other debt funds. Capital gains tax is applicable on liquid funds and indexation benefits apply for debt funds.

When considering investing in debt schemes, it's important to consider the average maturity profile of the portfolio (published in AMC website). To reduce the risk of volatility, the investor's holding period for the fund should be close to the fund's average maturity profile.

How have Liquid Funds performed? The following are the best performing Liquid mutual funds ranked based on risk adjusted performance. These funds have produced annual returns in the 7-8% range, which is much better than your bank account.  LIC MF Liquid Fund, HDFC Cash Management Fund and HDFC Liquid Fund have performed very well over short as well as longer period of time.  So, check your savings account balance and park your money in these funds instead.

FUND	AUM (Rs Cr)	NAV	1wk	1mo	3mo	6mo	1yr	2yr	3yr	5yr
LIC MF Liquid Fund	8,053.79	18.05	0.1	0.7	2	3.8	6.7	11.7	21.8	41.8
HDFC Cash Management	2,403.08	20.63	0.1	0.7	2.1	3.9	6.8	11.7	21.2	40.9
HDFC CMF-Treasury Advg	5,782.69	21.40	0.1	0.7	2	3.8	6.7	11.6	20.9	40.6
Principal Cash Management	731.77	15.36	0.1	0.7	2	3.9	6.7	11.3	20.8	40.2
HDFC Liquid Fund	539.17	19.51	0.1	0.7	2	3.8	6.6	11.2	20.5	39.8
Birla Sun Life Cash Manager	234.81	24.01	0.1	0.7	2	3.7	6.5	11.1	20.2	38.8
UTI Money Market Fund	125.00	2,742.94	0.1	0.7	1.9	3.7	6.3	10.9	20.5	38.9
SBI Magnum Insta Cash	3,320.77	21.92	0.1	0.7	2	3.9	6.8	11.1	20.2	38.8
IDFC Liquid Fund	478.73	1,392.95	0.1	0.8	2.3	4.2	7.2	11.9	19.5	38.4
Reliance Liquid Fund TP	727.57	23.58	0.1	0.7	2	3.8	6.4	11.1	20.4	38.5
Birla SL Cash Plus - RP	202.46	26.07	0.1	0.7	1.9	3.7	6.1	10.1	19	37.7
Templeton Treasury MA	199.33	2,419.35	0.1	0.7	1.9	3.7	6.4	10.6	19.8	38.1
UTI Liquid Cash Plan	354.99	1,588.70	0.1	0.7	1.9	3.7	6.3	10.5	19.5	37.9
ICICI Pru Liquid Plan	406.55	236.96	0.1	0.6	1.9	3.6	6.1	10	18.8	37.3
L&T Liquid	238.58	19.60	0.1	0.7	2	3.8	6.4	10.7	19.8	37.7
DSP-BR Liquidity Fund	163.65	23.42	0.1	0.7	2	3.8	6.7	10.4	18.9	35.8
HSBC Cash Fund	102.55	15.79	0.1	0.6	1.8	3.3	5.7	8.1	15.4	33.1
IDFC Cash Fund	102.26	17.52	0.1	0.7	1.9	3.7	6.4	10.6	19.3	34.6
Reliance Liquid - Cash	638.21	16.00	0.1	0.7	2.1	3.9	6.4	8.9	15.5	29.5

The numbers are absolute return.

See this article for ultra short-term funds.

Happy Investing!

The best performing Mutual Funds in MIP - Best Monthly Income Plan

AUM of at least 100 crores Performance over different periods of time are taken into account. Source of data: moneycontrol.com

Good Financial Decisions - Which colour are you now?

How do you make your financial decisions? There's a lot of talk on Silver now. If you look at the charts of Silver, you will notice that it's price has doubled in less than a year. Do you feel left-behind? Are you shopping for that silver bar?

Good financial planning requires systems that can manage the environment, and what the markets can throw at you. There are 3 things to consider.

First and foremost, you need to have a solid financial plan, where you can define your earnings (cash inflows), expenses (cash outflows), assets (investments), and liabilities (borrowings). Keep this plan and manage this continuously.

Second, as you wade through life and re-define your life's goals, you change colors like a chameleon: aggressive to a moderate to a conservative investor. And you change color to be comfortable and prepare for your next set of goals.

Third, depending on the color, you allocate assets in different buckets (asset classes). While Gold & Silver are important components in a investor's asset-allocation matrix, keeping a right balance is important o suit your colour. So, which colour are you now?