Dear Reader,
We present the Month Ended October 2012 issue of the Morningstar FundInvestor.
This Issue Includes
Manage Your Money:
Keeping Tabs on Your Portfolio
Make sure you're looking at more than just performance.
Morningstar Analyst Rating:
DSP BlackRock Opportunities Fund
The fund’s recent poor performance and change of guard at the helm has little bearing on its overall prospects.
Market Roundup
Indian Equity Markets
The upsurge came to a halt as markets were back in red in the month of October after surging for the past two consecutive months.
Global Equity Markets
Global equities were mixed in October with Spain in focus and Hurricane Sandy weakening markets across the globe towards the month-end.
Indian Debt Markets
Though central bank acknowledged government’s efforts towards fiscal consolidation, it refrained from cutting repo rates in its mid quarter policy, thus disappointing the markets.
Mutual Fund Update
Fund Flows & Asset Trends
Mutual fund Asset under Management witnessed a bounce back in the month of October after a sluggish previous month when the asset declined.
Fund Category Performance
Defensives were once again back on the menu amidst a tepid market in October. Technology and energy sector funds were the bottom performers during the month.
Portfolio Analysis of Diversified Equity Funds
Cash levels of diversified equity funds fell to a record low of 3.5% in September. Exposure to interest rate sensitive sectors rose during the month along with exposure to mid-cap stocks.
Mutual Fund News
Get an update on what’s happening in the mutual fund industry.
Top Rated Funds
List of Morningstar top rated funds over 3 years
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Thank you,
Morningstar India