POSTED BY August 28, 2013 8:11 pm COMMENTS (5)
ONHello,
Has anybody heard about this MF?
Its 1 year return is 31%,
Return since launch is 10% (launch in 2005)
5 year return is 9%
Moreover, this fund has recently beat its benchmark by huge margin.
Any comments?
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Dear Urvin, I said when the tide ‘ll turn, the fall ‘ll be significant. That’s common with all sectoral funds. Please check the performance of Infra funds.
Thanks
Ashal
Got the point, thanks!
Thank you Ashal.
Dear Viren, the fund you are referring to is a sectoral fund & it’s down fall may also be in same proportion. So take an informed decision.
Thanks
Ashal
Hey Ashal,
But the past 5 years performance does not show huge dip. See below link. Looking forward for your comments
http://www.moneycontrol.com/mutual-funds/nav/icici-prudential-services-industries-fund/MPI110