I have attached an excel sheet which contains analysis of some of the mutual funds, including SBI Magnum Global Fund, Magnum Multicap, SBI BlueCHip, Relianace Growth, Sundaram select Midcap,HDFC TOP200. Few of these are treated as TOP funds by Moneycontrol and other sites.
What is my analysis:
I took daily NAVs from amfindia.com for these funds
Then I converted into 100 factor to make them equal
I took NIFTY data also and did the same.
When I observe the result, I find in last three months SBI Magnum Global is worst performaer and Reliance is better of the Lot, only that fund could beat the NIFTY. And Optimix 5star Multi-manager FoF is next one.
Why I chose these funds ?
Just because I have these on my protfolio.
What I want from you?
Instead of seeing the past glory, which might have been achieved due to then existed fund manager, I feel, we should look at the present performance for fresh investment.
Can any body do such analysis for other top funds/ or any other funds to arrive at true top performer at present scenario.
Am I asking too much ? If so please excuse me.
What is my analysis:
I took daily NAVs from amfindia.com for these funds
Then I converted into 100 factor to make them equal
I took NIFTY data also and did the same.
When I observe the result, I find in last three months SBI Magnum Global is worst performaer and Reliance is better of the Lot, only that fund could beat the NIFTY. And Optimix 5star Multi-manager FoF is next one.
Why I chose these funds ?
Just because I have these on my protfolio.
What I want from you?
Instead of seeing the past glory, which might have been achieved due to then existed fund manager, I feel, we should look at the present performance for fresh investment.
Can any body do such analysis for other top funds/ or any other funds to arrive at true top performer at present scenario.
Am I asking too much ? If so please excuse me.