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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 Balanced
Recommended Funds  Fund Class
Performance (Annualised)
1 year 2 years 3 years 5 years
Buy  
RELIANCE BANKING FUND- GROWTH  Equity - Banking & Financial Services Sector   158.54 19.12 31.58 23.94
UTI CONTRA FUND- GROWTH  Equity - Contra  97.49 13.06 15.25 -
SBI MSFU CONTRA- GROWTH  Equity - Contra  111.97 7.36 16.33 -
DSP BLACKROCK TOP 100 EQUITY - REGULAR PLAN - GROWTH  Equity - Diversified  89.94 11.5 18.25 25.9
HDFC TOP 200 FUND - GROWTH  Equity - Diversified  128.73 14.93 21.16 26.63
HDFC EQUITY FUND - GROWTH  Equity - Diversified  153.37 15.53 18.73 26.77
RELIANCE DIVERSIFIED POWER SECTOR FUND- GROWTH  Equity - Energy / Power Sector  116.62 10.61 33.01 38.74
HDFC INDEX FUND SENSEX PLUS PLAN- GROWTH  Equity - Index  109.26 8.9 13.57 21.74
ICICI INDEX FUND  Equity - Index  97.96 4.49 12.42 20.8
ICICI PRUDENTIAL INFRASTRUCTURE FUND - GROWTH  Equity - Infrastructure  87.15 2.23 18.56 -
BIRLA SUN LIFE MIDCAP FUND PLAN A- GROWTH  Equity - Mid Cap  172.89 12.63 21.1 25.62

RELIANCE BANKING FUND- GROWTH 
Reliance Banking Fund is the best performing Banking and Financial Services fund on the platform from 1 July 2004 to 30 June 2009.

For all five years, this fund has been in the top 2 performing funds. The fund has given an annualised return of 28.6% which is slightly higher than the average annualised return of 27.8% returned by Banking sector funds over five years.

The expense ratio of this fund is the second lowest in this category and is below the category average expense ratio of 2.31%.

The fund has shown resilience in periods of market turbulence, for example, between 11 January 2008 and 20 November 2008. This fund has lost 48.8% which is a lot better than the category average performance of -57.31%. In fact, the funds performance is the highest in its category.

A sectoral fund is affected by general market risks as given in the offer document and sector risks  risks that are common to all the companies in an industry

Hence, every sectoral fund has the highest risk rating and only investors with an above average risk rating can consider investing in this fund.
 
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