Templeton India Growth fund is one of the oldest value funds present in the country today. It has come out great in every bear market 2000- 2001 & in the first 2 quarters of this year. However in the first and second quarter of 2004 it failed to protect the downside.
During the bull run its performance has been inconsistant. But with its excellent bear market performance this fund has managed to return 24% pa for the past 10 years (above average).
Seems like a good large cap fund, but not very consistant.
What is your opinion?
During the bull run its performance has been inconsistant. But with its excellent bear market performance this fund has managed to return 24% pa for the past 10 years (above average).
Seems like a good large cap fund, but not very consistant.
What is your opinion?