1. While commodities further corrected through the last week, all other fund types were bullish in general.
2. Looking at the Monthly Top 50, the following funds made investment grade for having above average returns from 1M thru 1Y timelines.
- Mirae Asset NYSE FANG +ETF FoF
- HDFC Defence Fund (Caution: correction through last week though)
- LIC MF Infrastructure Fund
- UTI Nifty 500 Value 50 Index Fund
- Motilal Oswal S&P BSE Enhanced Value ETF
- Motilal Oswal S&P BSE Enhanced Value Index Fund
- DSP TIGER Fund
- Canara Robeco Infrastructure Fund
3. Looking at the bottom 50 based on 1M return, IT and Tech based funds are still correcting and remain laggards.
4. Looking at the Top 50 funds based on 1Y Return, the following funds make to the investment grade by having consistent above average returns for the timelines 1M thru 1Y:
- CPSE ETF
- Motilal Oswal S&P BSE Enhanced Value ETF
- Motilal Oswal S&P BSE Enhanced Value Index Fund
- Mirae Asset NYSE FANG+ETF FoF
- Invesco India PSU Equity Fund
- ICICI Prudential PSU Equity Fund
5. Looking at the bottom 50 funds based on 1Y return, certain thematic funds of especially foreign equity and certain commodity and debt funds make it to the bottom 50.
6. Looking at the Equity Top 50 based on 1M Return, the following funds make it to the investment grade by having above average returns in all the timelines from 1M thru 1Y.
- Mirae Asset NYSE FANG+ETF FoF
- Franklin India Opportunities Fund
- HDFC Defence Fund (Watch out as the correction thru last week)
- LIC MF Infrastructure Fund
- UTI Nifty 500 Value 50 Index Fund
- Motilal Oswal S&P BSE Enhanced Value ETF
- Motilal Oswal S&P BSE Enhanced Value Index Fund
- DSP TIGER Fund
- Canara Robeco Infrastructure Fund
7. Looking at the Top 50 equity funds based on 1Y Return, the following funds make it to the investment grade by having above average return for the timlines 1M thru 1Y:
- CPSE ETF
- Motilal Oswal S&P BSE Enhanced Value ETF
- Motilal Oswal S&P BSE Enhanced Value Index Fund
- Mirae Asset NYSE FANG+ETF FoF
- Invesco India PSU Equity Fund
- ICICI Prudential PSU Equity Fund
8. Looking at the Top 50 Hybrid Funds based on 1M Return, the following make it to the investment grade based on above average return from 1M thru 1Y:
- SBI Magnum Childrens Benefit Fund - Investment Plan
- JM Aggressive Hybrid Fund
- Bank of India Mid & Small Cap Equity & Debt Fund
- Shriram Multi Asset Allocation Fund
- ICICI Prudential Child Care Fund - Gift Plan
- Quant Multi Asset Fund
9. Looking at the Top 50 Hybrid Funds based on 1Y Return, the following funds make it to the investment grade by having above average returns across 1M thru 1Y:
- JM Aggressive Hybrid Fund
- ICICI Prudential Retirement Fund - Hybrid Aggressive Plan
- Bank of India Mid & Small Cap Equity & Debt Fund
- Quant Multi Asset Fund
- ICICI Prudential Child Care Fund - Gift Plan
- SBI Magnum Childrens Benefit Fund - Investment Plan
- Mahindra Manulife Aggressive Hybrid Fund
- Aditya Birla Sun Life Multi Index FoF
- Invesco India Aggressive Hybrid Fund
10. Looking at the Commodities Top 50 based on 1M return, the following made the investment grade by having above average returns for timelines 1M thru 1Y. (Commodity corrections still on, so watch out)
- Aditya Birla Sun Life Gold Fund
- SBI Gold Fund
- UTI Gold ETF FoF
- Kotak Gold ETF
- HDFC Gold Fund
- LIC MF Gold ETF FoF
- ICICI Prudential Regular Gold Savings Fund (FoF)
- Nippon India Gold Savings Fund
11. Looking at the Top 50 debt funds based on 1M return, there is nothing much to talk about.
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