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Recommended Funds
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FUNDS THAT WE RECOMMEND

We strive to analyze funds with as long a comparable history as possible and only within their peer group. For a look at our methodology, please go to here. Please note that while we hope that these recommendations would be useful for investors, you are also advised to look at the fund's prospectus and do your own further research before making your investment decisions.

We advise investors to have a diversified portfolio that is spread over the whole world. The recommended funds should not be seen as being recommended in isolation. These funds are what we would recommend amongst their peer groups if you would like to invest in a fund from a particular sector or region. So, if you are interested in funds from one region like Japan, then you can see the recommended funds we have within the Japan region. There is little basis of comparing a Japan fund with a Europe fund.

For investors who are also interested in an allocation to the various sectors, we suggest that you refer to our Sector Star Ratings page which shows our views towards the various regions. For aggressive investors who wish to take more risk for the purpose of potentially higher returns, you can take note of the articles we sometimes put out highlighting Fundsupermart's view of a particular region. For a more detailed description of why we recommend any particular fund, please click on the recommended fund's name below:
Equity
Debt
Hybrid
Recommended Funds  Fund Class
Performance (Annualised)
1 year 2 years 3 years 5 years
Buy  
FRANKLIN INDIA BLUECHIP FUND- GROWTH  Large Cap  1.18 7.8 30.42 9.12
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND- GROWTH  Large Cap  2.52 10.43 32.64 -
HDFC TOP 200 FUND- GROWTH  Large Cap  -3.21 6.84 32.23 11.77
FRANKLIN INDIA BLUECHIP FUND- GROWTH  
Investment Strategy: This fund invests in large cap stocks which can be either growth or value oriented. For the past three years, Banking, Information Technology, Refineries, Electric Equipment, Telecommunications and Power are the key sectors for this fund. These six sectors have accounted for more than 50% of the portfolio assets for the past 14 months. This fund did not have any exposure to the Power sector before July 2009 but since then the power sector has grown to one of the largest sectors in this fund. The allocation to power sector more than doubled to 7.07% in September 2010 from 3.20% in August 2010.

This fund has higher cash holdings in comparison to HDFC Top 200 fund or ICICI Prudential Focused Bluechip fund. On an average, this fund has had close to 7% cash holding in the past three years and this can be a source of slight underperformance in comparison to the other recommended large cap funds. This fund has not used derivatives in any month for the past three years.

Asset Size: The fund's AUM is around Rs. 3798 crore as at 31 March 2011.

Performance: This is one of the better performing large cap funds. As of 31 December 2010, this fund has given 22.96% on a 1 year period in comparison to 17.43% of its benchmark, i.e.SENSEX. Additionally, on a 5 year period, this fund has given 20.13% of annualized growth in comparison to 16.87% of its benchmark index. This fund has outperformed its benchmark across all periods, right from six months till since inception. The returns of this fund are slightly lower in comparison to the other two recommended large cap funds primarily due to high cash holdings in the portfolio. 
View Fact Sheet Buy Fund View Fund Card    
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND- GROWTH  
Investment Strategy: The fund's strategy is to invest in about 20 large cap stocks. Banking, Information Technology, Automobiles, Refineries and Metals are the key sectors for this fund. These five sectors account for over 50% of the portfolio investments. In the first year since inception, these five sectors accounted for less than 50% of the portfolio, but after the first year, the combined weightage of these sectors in the portfolio has never dropped below 50% and in 2010, these sectors accounted for more than 60% of the portfolio in 5 months, mainly in the second half of 2010.

Unlike HDFC Top 200 fund which hardly used derivatives, this fund has used derivatives every month since its inception except for December 2009. In 2008, derivatives accounted for, on an average, 16% of the portfolio's investment; in 2009, the derivatives accounted for 9.6% of the portfolio and in 2010, the derivatives accounted for 5.7% of the portfolio. The cash holdings in the portfolio for 2010 have been 4.2% on an average.

Asset Size: The fund's AUM is around Rs. 1969 crore as at 31 March 2011.

Performance: Despite being in existence for less than three years, this fund has demonstrated one of the best performances in its class. As of 31 December 2010, this fund has given annualized returns since inception of 23.58% whereas its benchmark, the S&P CNX NIFTY has given a return of 8.6%. On a one year basis this fund has given 27.1% whereas its benchmark has given 17.95% return. 
View Fact Sheet Buy Fund View Fund Card    
HDFC TOP 200 FUND- GROWTH  
Investment Strategy: This fund invests into companies primarily from the BSE 200 index. Banking, Information Technology, Engineering, Pharma and Refineries are the most important sectors to this fund. These five sectors, on an average, account for over 50% of the portfolio investments. In the past three years, in only 3 months have the investments in these five sectors dipped below 49%. Banking is the single largest sector that this fund invests in, and in the past 36 months, investments in banking sector have never fallen below 15% of the portfolio and accounted for 24.55% of the portfolio in October 2010. Banking sector has accounted for over 20% of the portfolio throughout 2010 except for June 2010, where the banking sector holdings fell to 19.56%.

The fund has utilized derivatives only in 6 months in the past three years (most of it in 2010) and never more than 1.8% of the portfolio. The fund on an average has had 4% in cash in the past three years. If we exclude periods where the cash holding in the portfolio had exceeded 5%, then the average cash holding in the portfolio drops to 3%. The highest cash holding this fund had was in June 2009 at 10.3%

Asset Size: The fund's AUM is around Rs. 10,369 crore as at 31 March 2011.

Performance: This fund is one of the best performing equity funds in India, and is the best performing large cap fund over 5 year period (31 December 2005 to 31 December 2010). This fund has been consistently performing well and has been on our recommended funds list for the past two years (four recommended funds reviews).

As of 31 December 2010, this fund has given annualized returns of 30.93% over a 10 year period while its benchmark index , the BSE 200 Index has given annualized returns of 19.19%. Even over a 5 year period, this fund has given annualized return of 23.03%, while its benchmark has given 16.37%. 
View Fact Sheet Buy Fund View Fund Card    
 
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