Author - Kapil

January 2013

Top Debt Mutual Funds Performance as of Dec 2012

 Debt Mutual Funds Performance, Balanced Funds, Ultra Short Term, Monthly Income Plans, FMP's, Indexation , Tax Benefits

Here is the Top Balanced & Debt Mutual Fund Performers as of Dec 2012 

Balanced Fund
Scheme Inception Date Return 1 yr % Return 3 yr %
HDFC Children’s Gift Fund ~ Inv Plan Feb 09 2001 17.1 15.79
HDFC Balanced Aug 10 2000 16.83 13.44
ICICI Pru Balanced Oct 07 1999 21.8 12.16
Income Medium Term
Scheme Inception Date Return 1 yr % Return 3 yr %
SBI Dynamic Bond Jan 13 2004 11.99 9.51
Escorts Income May 22 1998 12.16 9.09
Birla Sun Life Medium Term Mar 25 2009 11.1 8.64
Monthly Income Plans
Scheme Inception Date Return 1 yr % Return 3 yr %
Canara Robeco MIP Apr 01 2001 11.54 8.44
SBI Magnum MIP Floater Nov 30 2005 10.66 8.19
Reliance MIP Dec 29 2003 15.52 8.09
Debt Floating Rate
Scheme Inception Date Return 6 mths % Return 1 yr %
FT India Life Stage FOF 50s + Floating Rate Jul 02 2004 6.39 11.14
HDFC Floating Rate Income LT Jan 08 2003 5.33 10.88
L&T Floating Rate Oct 27 2010 5.58 10.67
Debt Ultra Short Term
Scheme Inception Date Return 6 mths % Return 1 yr %
Birla Sun Life ST Opportunities Jun 27 2008 5.77 11.13
HDFC Floating Rate Income LT Jan 08 2003 5.33 10.88
Escorts Short Term Debt Dec 28 2005 5.66 10.73
Debt Income  Short Term
Scheme Inception Date Return 6 mths % Return 1 yr %
UTI Income Short Term Income Builder Jun 24 2003 5.45 10.55
SBI Short term Debt Jul 27 2007 5.52 10.52
IDFC SSI Short Term – Plan D Sep 02 2005 5.34 10.42
Debt Liquid Money Markets
Scheme Inception Date Return 1 mths % Return 3 months %
Escorts Liquid Sep 29 2005 0.81 2.46
Tata Liquidity Management Mar 01 2006 0.71 2.35
Principal Retail Money Manager Dec 27 2007 0.73 2.23

Many investors are ignorant of the advantages of investing debt funds investment avenue as an asset class. They prefer to keep funds in FD’s and other traditional debt instruments like PPF/KVP’s/NSC/Post Office etc ~ primarily due to lack of knowledge. You can know more about this debt funds here.


Top Equity Mutual Fund Performance based on 3 years returns

Equity Mutual Funds Performance, ELSS, Large Cap, Mid Cap, Small Cap, Index Mutual Funds, Best Mutual Funds

Here are the Top Mutual Fund Performers based on 3 years returns in the Equity Segment. The Equity asset class has outperformed every other class in the year 2012.

                                             Equity Large Cap

Scheme Inception Date Return 1 yr % Return 3 yr %
ICICI Pru Focused Equity Retail May 07 2008 22.08 11.73
Franklin India Bluechip Nov 30 1993 19.25 9.45
BNP Paribas Equity Sep 03 2004 24.04 9.16

Equity Multi Cap

Scheme Inception Date Return 1 yr % Return 3 yr %
ING Dividend Yield Oct 06 2005 18.09 11.71
BNP Paribas Dividend Yield Aug 30 2005 24.32 11.55
L&T India Special Situation Apr 26 2006 28.87 10.62

Equity Large & Mid Cap

Scheme Inception Date Return 1 yr % Return 3 yr %
Quantum Long term Equity Feb 25 2006 23.69 11.78
UTI Opportunities Jul 20 2005 23.2 11.78
Canara Robeco Equity Diversified Sep 12 2003 24.7 11.51

Equity Mid & Small Cap

Scheme Inception Date Return 1 yr % Return 3 yr %
SBI Magnum Emerging Businesses Sep 17 2004 38.68 24.6
Reliance Equity Opportunities Mar 07 2005 34.07 17.32
Canara Robeco Equity Opportunities Feb 24 2005 33.92 17.21

Equity Sectoral

Scheme Inception Date Return 1 yr % Return 3 yr %
SBI Magnum FMCG Jul 03 1999 53.33 36.11
ICICI Pru FMCG Mar 30 1999 43.05 27.87
Reliance Pharma Mat 26 2004 28.88 20.87

Equity Tax Planning (ELSS)

Scheme Inception Date Return 1 yr % Return 3 yr %
Canara Robeco Equity Tax Saver Mar 31 1993 24.43 12.27
Reliance Tax Saver Aug 23 2005 31.83 12.23
Franklin India TaxShield Apr 10 1999 21.36 11.79

Equity Index

Scheme Inception Date Return 1 yr % Return 3 yr %
HDFC Index Sensex Plus Jul 10 2002 21.45 7.67
Quantum Index Jun 20 2008 22.54 6.45
LIC Nomura MF Index Nifty Nov 28 2002 21.32 6.02

Hope this will help is choosing the mutual funds. Of course, before investing, ensure to check the various Fund management charges involved and other risk performance measures. Read further to understand how do you compare and evaluate MF performance measures.

December 2012

Investment in Mutual Funds & KYC Compliancy requirements

Investment in Mutual Funds ,KYC Compliancy requirements, KYC Change Detail Form, SEBI, in house person verification.

Securities and Exchange Board of India (SEBI) has prescribed the requirements, for the implementation of Uniform Know Your Customer (KYC) process across all intermediaries registered with SEBI.
Pursuant to the above, the existing / new investors of Mutual Funds are required
to take note of the following:

1. Investment by Investors who are KYC Compliant through KRAs (KYC Registration Agency) on or after January 1, 2012 :
No action is required by such investors and they may invest in any Mutual Funds. However,
Non-individual entities like Corporate, Partnership Firm, Trust etc are required to submit their Balance Sheet for every Financial Year on an ongoing basis within a reasonable period to KYC Registration Agency (KRA).

2. Investment in existing folios by Investors who are CVL MF KYC Compliant prior to January 1, 2012:
In case of the existing investors who are CVL MF KYC Compliant through the erstwhile
centralized KYC registration agency i.e. CDSL Ventures Ltd. (CVLMF), there will be no effect
on their subsequent transactions (including Systematic Investment Plan) in their existing folios/ accounts. However, the KYC status of such investors will continue to reflect as “MF – VERIFIED BY CVLMF” in the CVL – KRA system.

3. Investment by new Investor who is CVL MF KYC Compliant:
In case a new investor who is CVL MF KYC Compliant wishes to invest as a sole investor or he wishes to invest jointly with another existing investor/s who is/are also CVL MF KYC Compliant, then such investor/s will have to submit the “KYC Details Change Form” along with the investment application and complete the IPV process.

4. Investment by Non-KYC Compliant Investors (Individual or Non-Individual):

Non-KYC compliant investor/s desirous of investment, are required to submit the duly filled
in KYC Application Form along with necessary documents for completion of KYC certification through KYC Registration Agencies (KRAs) and complete the “In-person Verification (IPV)” at the time of making any investment. 

5. Requirements from CVLMF KYC Compliant investors (i.e. KYC compliant prior to January 1, 2012):

I. Individual Investors:
In case, the individual investor is KYC compliant prior to January 1, 2012, the investor will
have to submit ‘KYC Details Change Form’ with respective applicable documents, (if any)
mentioned therein to update their ‘Missing/Not Available’ details besides completing the IPV process as a one time exercise. After due verification by the respective KRA e.g. M/s CVL, the KYC status will get changed from “MF – VERIFIED BY CVLMF” to “Verified by CVL KRA”.
In case of individuals, ‘missing/not available details’ are as under :
a. Father’s/Spouse Name
b. Marital Status
c. Nationality
d. Gross Annual Income or Net worth as on recent date.
e. In-person Verification (IPV)
II. Non – Individual investors:
In case of all Non – individual investors who are KYC compliant prior to January 1, 2012,
KYC process with IPV needs to be done afresh due to significant and major changes in KYC
In case of opening of a new folio with any Mutual Fund, the individual & non-individual investors will have to comply with the respective procedures mentioned above. The above procedure is also applicable for Guardian (in case of Minor) / Power of Attorney
holder as well.

The necessary forms are available on our post – here

Simply visit Central Depository Service (India) Ltd website  , Click on the ‘KYC Inquiry’ and type in your PAN number, in order to check your KYC Status.

All the investors are requested to note that the aforesaid formalities which is mandatory from December 1, 2012 for investing with any Mutual Fund.