Mutual funds bounce back in 2012
A look at the top 10 schemes from among the funds that have assets under management (AUM) in excess of Rs 1,000 crore shows Indian mutual fund toppers compare extremely favourably with their peers abroad. The returns are one of the best across the countries, across asset classes. To get a sense of how the Indian markets performed it is useful to note that the only benchmark index that has outperformed the Sensex is Dax of Germany, with a return of 27.5 per cent in the same period. The Hong Kong Hang Seng comes in next with a 20 per cent return. FTSE in the UK, the Dow Jones Industrial of US and Bovespa in Brazil have generated single-digit return in the same period while the Shanghai Composite in China has generated a negative return of 6 per cent.
How do the schemes stack up at the top
A look into the 49 equity mutual fund schemes that have assets under management in excess
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