IYG special :
It seems the record fund collection by Reliance mf for its Reliance natural resources fund and sundaram mf ,which collected good amount for its petro fund are making other Fund houses to offer similar theme based funds , even though such schems do exist in their portfolio under different name :
Some of forthcoming theme based funds in fin services (banking )-
1. Hsbc Banking & Financial services fund
2. Sundaram thematic funds - financial services
3.Icici prudential Banking & financial services fund
4. Licmf financial services fund etc ...............
anyway as of now ,banking sector looks weak ,so these NFOs may get postponed as of now .
the word - financial services & natural resources is the main buzzword which is more fancied amongst the mutual funds circle .
investors need to be careful in these fund nfos as name are fancied too much to lure investors into investing .
Nfo review :
DSPML - natural resources fund is open now - the theme looks good , the fund house has given good returns in past schemes . one can invest small amount in this now ,and can add gradually , on re listing , it will perform well compared to Reliance natural resources fund as DSPML has international backed fund from parent - ML ( merriyl lynch ) . Also reliance mf has huge base of 5600 crore for its natural resources fund ,such a huge deployment of fund in current conditions is a bit challenging task .
More mutual fund views shortly ...........
Top performing fund managers - an analysis - coming shortly in this blog .........................
This blog is in test mode as of now { full fledged updates very shortly }
Thanks for the visit to this blog .
Wednesday, March 12, 2008
Theme based fund Nfos on the anvil .
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