Commentary:
1. The equity mutual funds, on average recovered further, so much so to become positive for the last one month. They remain negative in three months return.
2. The weekly Top 50 weekly return, monthly Top 50 monthly return and the annual Top 50 annual return improved over the last week.
3. Top 50 Equity Funds
The funds with above average return in the list for all the timelines from 1W thru 1Y are marked green. They are marked amber for just missing one timeline, and for this amber rule both 1W and 1M together are considered as one timeline, meaning if anyone is above average, both are considered above average.
3.1. Weekly Top 50:
3.2. Monthly Top 50:
3.3. Annual Top 50:
4. Bottom 50 Equity funds:
Weekly and monhly bottom 50 funds are used to recognize potential bearish reversal. This is done by identifying below average weekly and monthly returns and above average annual returns. Funds with above average annual return and with both weekly and monthly return below average are marked in darker red, while any one of the weekly and monthly return is below average, marked with light red.
Annual bottom 50 funds list is used to recognize potential bullish reversal. Any fund with above average return for both the week and the month in the list is marked as grey indicating potential bullish reversal.
4.1. Weekly Bottom 50:
While equity funds are recovering, auto funds are looking further bearish. So are the value funds, though intensity is lesser.
4.2. Monthly Bottom 50:
4.3. Annual Bottom 50:
Though some banking funds are still stuck in the bottom of the Annual bottom 50, they are showing bullish reversal signs.
5. Hybrid Funds.
5.1. Hybrid Funds Summary
Due to equity recovery, hybrid funds too recovered and became positive for the month. The three months return for the hybrid top 50 is worse than the last week because many aggressive funds returned to the top 50 list, having poor three months return.
5.2. Hybrid Monthly Top 50:
One can notice that the Hybrid Monthly Top 50 is now filled with many aggressive and balanced advantage funds.
5. Debt Funds
5.1. Debt Funds Summary:
Overall, debt funds returns too improved.
5.2. Debt Monthly Top 50:
There is a churn out in monthly debt top 50 list. Some of the longer term debt funds gave better returns.
6. Commodity Funds
6.1. Commodity Funds Summary:
Commodity funds further corrected thru the week.
6.2. Commodity Monthly Top 50:
7. Whether it is a weekly Top 50 MF report or special MF report, these are availble in the blog indicated below. Blogs are also rendered as videos (on Youtube and Instagram) for those not prefering to read.
Blog: NatsFunCorner! on Blogger
https://natsfuncorner.blogspot.com/
Other relevant Social Network Platform links:
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https://chat.whatsapp.com/IuzkVAHgn1jJ20ZmB8m9Vz
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LinkedIn: https: https://www.linkedin.com/in/nupadhya/
Disclaimer:
- This is not a solicitation for mutual fund investment nor an advice. It is only an insight to help investment decisions based on the free MF performance data downloaded from Value Research. Investment decisions are only yours to make.
- Mutual fund investments are subjected to market risk. Read the propsectus of a mutual fund for all the risk information associated prior to investment.
- The author can not be responsible for the ommissions or errors in the data from Value Research or the data processing errors if any by the author.
- All your investment decisions need to be based on your decision finally, with no blame to anyone else later.
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