Dear Reader,
We present the Month Ended November 2012 issue of the Morningstar FundInvestor.
This Issue Includes
Manage Your Money:
The 10-Minute Test For Finding The Right Fund
Use these rules to narrow the crowded field of mutual fund investments.
Morningstar Analyst Rating:
Templeton India Short Term Income Fund
The fund makes an attractive choice for investors.
Fund Manager’s View:
Franklin Templeton Mutual Fund
Mr. Anand Radhakrishnan – Senior Vice President, Portfolio Manager (Equities) and Head of Portfolio Analytics, discusses market trends, valuations and the overall macro environment.
Market Roundup
Indian Equity Markets
It was quite a bumpy ride for equity markets in November and despite global dampeners and weak macro-economic data back home, markets managed to garner strong gains for the month.
Global Equity Markets
Global equities moved in tandem with developments on the US fiscal cliff post the re-election of the Democrat President and as events unfolded regarding Greece’s bailout money.
Indian Debt Markets
Hope of early rate cut and announcement of OMOs helped government bonds to stay afloat during the month.
Mutual Fund Update
Fund Flows & Asset Trends
The asset under management continued to rise for the second consecutive month with mainly decent inflows and supporting equity markets responsible for the gain.
Fund Category Performance
Financial and FMCG sector funds top the charts in November, while global funds were the bottom performers.
Portfolio Analysis of Diversified Equity Funds
Cash levels of diversified equity funds rose marginally in October, after hitting a record low of 3.6% in September. Exposure to mid-cap stocks continued to rise in portfolios of diversified equity funds.
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