Saturday, June 18, 2011

Mutual funds continue buying

Mutual funds (MFs) bought shares worth a net Rs 44.60 crore on Thursday, 16 June 2011, compared with an inflow 2.10 crore on Wednesday, 15 June 2011.

The net inflow of Rs 44.60 crore on 16 June 2011 was a result of gross purchases Rs 596 crore and gross sales Rs 551.40 crore. The BSE Sensex had fallen 146.36 points or 0.81% to 17,985.88 on that day.

Mutual funds have sold shares worth a net Rs 14.60 crore this month so far (till 16 June 2011). They had bought stocks worth a net Rs 434.70 crore last month.

Source: http://www.adityabirlamoney.com/news/485760/10/22,24/Mutual-Funds-Reports/Mutual-funds-continue-buying

Canara Robeco MF announces change in the constitution of the board of trustees

Canara Robeco Mutual Fund has announced the change in the constitution of the board of trustees of Canara Robeco Mutual Fund. With effect from 15 June 2011, Mr G. Anantharaman has been appointed as an independent trustee on the board of trustees of Canara Robeco Mutual Fund.

Mr. Anantharaman, I.R.S. (Retd.) has worked in various senior capacities in the revenue service (income tax) of the government of India since 1968 before retiring as chief commissioner of income-tax-Mumbai in June 2004. Mr. Anantharaman has handled several tax fraud cases and, matters relating to tax administration. He was also one of those who were instrumental in developing the anti-money laundering draft provisions in the Indian context from 1995 to 1996. Post retirement, he acted as a whole time member of capital market regulator, SEBI, as in-charge of surveillance, investigations and market regulations till 2008. He has also acted as director (vigilance) for HPCL.

Source: http://www.adityabirlamoney.com/news/485700/10/22,24/Mutual-Funds-Reports/Canara-Robeco-MF-announces-change-in-the-constitution-of-the-board-of-trustees

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Aggrasive Portfolio

  • Principal Emerging Bluechip fund (Stock picker Fund) 11%
  • Reliance Growth Fund (Stock Picker Fund) 11%
  • IDFC Premier Equity Fund (Stock picker Fund) (STP) 11%
  • HDFC Equity Fund (Mid cap Fund) 11%
  • Birla Sun Life Front Line Equity Fund (Large Cap Fund) 10%
  • HDFC TOP 200 Fund (Large Cap Fund) 8%
  • Sundram BNP Paribas Select Midcap Fund (Midcap Fund) 8%
  • Fidelity Special Situation Fund (Stock picker Fund) 8%
  • Principal MIP Fund (15% Equity oriented) 10%
  • IDFC Savings Advantage Fund (Liquid Fund) 6%
  • Kotak Flexi Fund (Liquid Fund) 6%

Moderate Portfolio

  • HDFC TOP 200 Fund (Large Cap Fund) 11%
  • Principal Large Cap Fund (Largecap Equity Fund) 10%
  • Reliance Vision Fund (Large Cap Fund) 10%
  • IDFC Imperial Equity Fund (Large Cap Fund) 10%
  • Reliance Regular Saving Fund (Stock Picker Fund) 10%
  • Birla Sun Life Front Line Equity Fund (Large Cap Fund) 9%
  • HDFC Prudence Fund (Balance Fund) 9%
  • ICICI Prudential Dynamic Plan (Dynamic Fund) 9%
  • Principal MIP Fund (15% Equity oriented) 10%
  • IDFC Savings Advantage Fund (Liquid Fund) 6%
  • Kotak Flexi Fund (Liquid Fund) 6%

Conservative Portfolio

  • ICICI Prudential Index Fund (Index Fund) 16%
  • HDFC Prudence Fund (Balance Fund) 16%
  • Reliance Regular Savings Fund - Balanced Option (Balance Fund) 16%
  • Principal Monthly Income Plan (MIP Fund) 16%
  • HDFC TOP 200 Fund (Large Cap Fund) 8%
  • Principal Large Cap Fund (Largecap Equity Fund) 8%
  • JM Arbitrage Advantage Fund (Arbitrage Fund) 16%
  • IDFC Savings Advantage Fund (Liquid Fund) 14%

Best SIP Fund For 10 Years

  • IDFC Premier Equity Fund (Stock Picker Fund)
  • Principal Emerging Bluechip Fund (Stock Picker Fund)
  • Sundram BNP Paribas Select Midcap Fund (Midcap Fund)
  • JM Emerging Leader Fund (Multicap Fund)
  • Reliance Regular Saving Scheme (Equity Stock Picker)
  • Biral Mid cap Fund (Mid cap Fund)
  • Fidility Special Situation Fund (Stock Picker)
  • DSP Gold Fund (Equity oriented Gold Sector Fund)