Tuesday, October 7, 2008

Where are those reckless mutual funds?

On May 29, I wrote about reckless investments by mutual funds. I am comparing the NAV of these mutual funds, then and now, with Sensex as well as BSE-500.

SensexBSE-500Tata InfraTata Indo Global

Most of the outperformance is attributed to cash holdings. Tata Indo Global is a new fund and they started investing with these kinds of stocks. I don't know what will happen to Indian investors!!!!!!!
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