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Mutual fund is the trust that pools the saving of number of investors who shares the common interest and invest incapital market instrument and share the profit.

compared to industry specific diversified, capital protection mutual funds are good.
for more information link to this site.....
http://www.amfiindia.com

2006-08-18 03:02:03 · answer #1 · answered by Anonymous · 0 0

Some of the best performing mutual funds are

1. Magnum Contra
2. Magnum Global
3. Reliance Growth
4. Reliance Vision
5. Sundaram Select Midcap
6. Franklin Bluechip
7.Franklin india prima

To know about the rating of funds

http://www.valueresearchonline.com/funds/default.asp

2006-08-22 04:10:20 · answer #2 · answered by sriram_psg2002 2 · 0 0

Currently my vote for 3 best funds are

1. HDFC Euqity Fund

2. Reliance Equity Opportunities fund

3. Franklin Flexicap fund

Reason for choosing above is

a. HDFC Equity has superb track record for the past 10 years

b. Reliance has produced winners in the past in their large and midcap funds. So opportunities funds combine best of both

c. Franklin flexicap is also a combination of their best fund strategies.

No need to look for others. Look at their performance for the last 3 months and also for the last few years.

2006-08-19 06:42:34 · answer #3 · answered by inquirer 2 · 0 0

Sundaram Mid Cap
Franklin Blue Chip
Magnum Global as well as magnum Contra

Mutual Funds : investing in various shares among different sectors by investing a small amount of money, professionally managed, SIP funda is best i.e. you are able to gain from losing market as well in the form of more units.

2006-08-20 18:32:52 · answer #4 · answered by Sunaina 1 · 0 0

Mutual Funds are a basket of stocks or bonds or both manged by a fund company.
See the link below to compare funds in various categories and rankings.
Good luck!

2006-08-18 09:06:25 · answer #5 · answered by kcincon 3 · 0 1

Look at this:

http://www.bernanke.cn/what-is-a-mutual-fund.html

it might be helpful to you.

2006-08-18 09:04:15 · answer #6 · answered by stock_trade_expert 3 · 0 0

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