This week:
Last Week:
Commentary:
Summary
Mutual funds had a very frustrating week as there was a significant market correction on equities and therefore hybrid funds too. But, the commodity fund investors had a jubiliating week as the Gold and Silver prices for the week advanced significantly. The bull run on Gold and Silver likely to persist for next six months too and therefore such funds will dominate the Top 50 funds lists.
Concern:
Because the India has become an international target for America both on trade and politics, many bad news are flowing from Trump policy. Last weekend, it was H1 visa fees hike that sent a bearish spiral for the tech stocks here. Now, it is the 100% tariff for the pharma imports into the US. More to come in the coming weeks. Net net, the FII investments have been eroding from India for months and the Indian equity recovery is becoming a mirage.
International equity correction is looming. There is a fear of buble in the AI stocks too. Any specific development around US debt, BRICS alignment against dollar, further escalation towards world war III will unleash further risks in the equity markets ahead.
Opportunity:
Unprecedented gain opportunities in Gold and Silver remain for the next 6 months, many a weeks will be a bonanza like this week, and some in between may be a minor correction. New investors coming in now, also may experience 50% gain on their investments on these in next 6 months.
1. Combined Funds Top 50
1.1. Combined Funds Top 50 Summary
Because of equity correction, there is a significant divergence between Top 50 funds returns and Bottom 50 funds returns. The fund returns on a weekly and monthly returns surged further because of the dominance of commodity funds in the Top 50 list and it was a bonanza week for them. The annual return of Annual Top 50 shrunk a bit, because the correction of non commdity funds in this list was more than the surge of commodiry funds return in this list.
1.2. Combined Top 50
Green and Amber color marked mutual funds in the list: Since the focus is not only looking for the performance leaders, but also consistent above average performance across all the timelines, the funds are marked in Green or Amber to easily recognize consistency of perfromance among the leaders.
Green:
If the returns for all the available timelines from 1W thru 1Y is above the average within the list. The fund can not be marked green even with this rule if the returns are not available beyond a month, in which case the fund is marked as amber only.
Amber:
If the returns for all the available timelines from 1W thru 1Y is above the average within the list except for one timeline. For this exception, if any of the weekly and monthly returns are above average, then both timelines are considered to have above average
1.2.1. Combined Weekly Top 50
1.2.2. Combined Monthly Top 50
1.2.3. Combined Annual Top 50
Bearish reversal signs:
Both the weekly and monthly bottom 50 lists are leveraged to identify potential bearish reversal indications of the funds. This is done by marking above average annual return in bold and below average returns for the week and month. The funds with both weekly and monthy below average, but annual above average are marked in darker red, while the funds with only one of the weekly and monthly below averages but with above average annual return are marked in light red.
Bullish reversal signs:
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.
2. Referrence Links
Blog: NatsFunCorner! on Blogger
https://natsfuncorner.blogspot.com/
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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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