Top performing Mutual Funds for FY12-13

Following are the Top performing Mutual Funds for the Financial year 2012-2013.

LARGE CAP FUNDS
1. SBI Blue Chip Fund        - 18.1
2. Axis Equity Fund (G)    - 17.3
3. Religare Equity Fund (G) - 16.2
4. Birla SL Frontline Equity  - 15.0
5. Escorts Leading Sectors   - 13.5

SMALL and MIDCAP FUNDS
1. SBI Emerging Busi (G)        - 22.0
2. Taurus Discovery Fund       - 19.8
3. Axis Mid Cap Fund (G)      - 17.6
4. Franklin (I) Smaller Cos      - 17.3
5. Principal Emerging Bluechip - 16.6

DIVERSIFIED EQUITY MUTUAL FUNDS
1. Birla SL India GenNext     -   17.5
2. ICICI Pru Services Indus.  -   17.4
3. Franklin High Growth Cos -   16.0
4. Tata Equity Management  -     15.3
5. Reliance Equity Oppor     -     14.0

ELSS TAX SAVING MUTUAL FUNDS
1. Union KBC Tax Saver     -   16.1
2. HSBC Tax Saver Equity   -   15.4
3. Principal Tax Savings -    14.0
4. Axis Long Term Equity     -   13.8
5. DSP-BRTax Saver Fund   -    13.1

EQUITY ORIENTED BALANCED FUNDS
1. SBI Magnum Balanced Fund -
2. ICICI Pru Eqty-Volatility Adv. -
3. ICICI Pru Balanced Fund (G) -
4. Principal Balanced (G)     -
5. Tata Balanced Fund (G)      -

BENCHMARK RETURNS  for the same period.
Sensex    -10.0
Nifty       -  9.4
BSE 100 -  9.0

source of data moneycontrol.

STT on Mutual Funds reduced in budget 2013-14

Securities transaction tax is reduced. STT on mutual fund and exchange traded fund redemption is reduced to 0.001% from 0.25% earlier. STT on MF/ETF purchase and sale on exchanges is reduced from 0.1% to 0.001%, only on the seller.

STT on futures has come down to 0.017% to 0.01 %
CTT has been introduced on non agro based commodities at the same rate applicable to equity futures of 0.01% to make it par with STT

But there was some good news for travellers. If you are going abroad, you are allowed Duty-free shopping upto Rs 50,000 for a male passenger and Rs 1 lakh for a female passenger.

Fun Movie One idiot by IDFC Mutual Fund

Must watch movie for all youngsters. Its fun movie about investments, life goals, life styles.

http://www.youtube.com/embed/vU1l1TB7GzI

what is better ? ELSS , FD or PPF

There is this nice article on comparison of ELSS vs FD vs PPF. what is better you can check out for yourself on this article.

http://wealthforumezine.net/MUTUALFUNDVSFDVSPPF021212.pdf

Basic Financial Planning Calculator

This is nice little easy to use financial planning calculator by Reliance Mutual Fund.

http://reliancemutual.com/GoalsCalculator.aspx

It covers most of the basic life goals of an Individual.

Buying a House
Higher Education
Marriage
Buying a Car
International Vacation
Retirement Calculation

Top Performing Equity Funds since last Diwali

Following is the list of few of the top performing equity funds since last Diwali.

LARGE CAP FUNDS
1. SBI Blue Chip Fund        - 19.9
2. Reliance Top 200 Fund   - 19.5
3. Reliance Equity Fund       - 18.1
4. ICICI Pru Top 100 Fund - 16.9
5. Religare Equity Fund        -16.7

Category Average is 10.4 %

SMALL & MIDCAP FUND
1. Principal Emerging Bluechip Fund - 26.3
2. Axis Midcap Fund                       - 25.9
3. ICICI Pru Discovery Fund           - 24.1
4. BNP Paribas Midcap Fund          - 23.4
5. Franklin Smaller cos Fund            - 22.7

Category Average : 15.9%

DIVERSIFIED EQUITY FUND
1. Reliance Equity Oppor Fund - 24.8
2. Birla Sun Life India GenNext - 20.2
3. Reliance RSF Equity             - 19.9
4. Templeton Equity Fund         - 19.6
5. Principal Dividend Yield        - 19.0

Category Average - 10.7%

ELSS TAX SAVING CATEGORY
1. Reliance Tax Saver         - 22.7
2. Principal Tax Savings      - 19.8
3. HSBC Tax Saver Fund   - 19.4
4. ICICI Pru RIGHT Fund  - 17.6
5. DSP-BR Tax saver Fund - 16.9

Category Average - 11.6 %

BALANCED FUND
1. Reliance RSF - Balanced       - 18.1
2. SBI Magnum Balanced Fund - 17.5
3. Tata Balanced Fund               - 17.1
4. Principal Balanced Fund        - 15.7
5. ICICI Pru Balanced Fund      - 14.9

Category Average - 12.0%

SENSEX - 7.6%
NIFTY - 8.9%

Dividend Declared Birla Sun Life Equity Mutual Funds

Birla Sun Life Mutual Fund has declared dividend under the schemes
Birla Sun Life Frontline Equity Fund - Rs. 0.50
Birla Sun Life MNC Fund - Rs 4.0
Birla Sun Life Opportunities Fund - Rs 0.75
The record date is 9/11/2012