Dear Reader,
We present the August 2012 issue of the Morningstar FundInvestor.
This Issue Includes
Manage Your Money:
Behavioural-Finance Tips to Boost Your Investing Skills
The study of investors' behavior offers some interesting mistakes you can recognize and avoid.
Morningstar Analyst Rating:
Franklin India Prima Fund
This fund’s past track record is not a true reflection of its potential.
Market Roundup
Indian Equity Markets
While on the domestic front things remained gloomy, global hope helped the markets hold their ground in the month of August.
Global Equity Markets
Global equities gained in August on hopes of more supporting measures from their respective central banks.
Indian Debt Markets
The sentiments in the fixed income market in August were largely driven by the speculation on interest rate movement, and the stance that the RBI would adopt in its monetary policy reviews.
Mutual Fund Update
Fund Flows & Asset Trends
Mutual funds AUM rose for the second consecutive month primarily on the back of sustained inflows in the fixed income category.
Fund Category Performance
Technology and healthcare funds were the top performers in August, while banking sector funds disappointed during the month. Small/mid-cap funds did fairly well, despite the underlying indices closing in the red.
Portfolio Analysis of Diversified Equity Funds
Cash levels of diversified equity funds fell again in July. Fund managers continued to increase exposure to large-cap stocks and cut exposure to small/mid-cap stocks considerably.
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