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.

	Sensex	BSE-500	Tata Infra	Tata Indo Global
29-May	16316.26	6477.33	32.09	8.451
6-Oct	11801.7	4478.26	23.03	6.67
Gain/Loss	-27.67	-30.86	-28.23	-21.07

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!!!!!!!