Investors of these Top-performing Schemes Enjoyed a Return of 6%-10% in the Last Week
Last Updated : Sept. 13, 2016, 6:13 a.m.
Are you already a mutual fund investor or looking to invest? Whatever your answer may be, it is of paramount importance to review the performance of the funds. Well, the performance can be judged by the changes in net asset value (NAV), which gets declared each day by the fund house after the trading hours. NAV, in simple terms, is calculated by adding the assets and subtracting the debts. The assets are categorized into securities & cash with the former including both stocks and bonds at market value. In addition, the dividends and interest accrued will also form the part of the assets. Whereas, debts will include the liabilities and outstanding expenses.
Formula to calculate NAV= Assets-Debts/Number of Outstanding Units. So, to know where the NAV of your funds
So, to know where the NAV of your funds lie, you need to keep a track of their performance on a regular basis. Doing due diligence will help you call the right shots, isn’t it! So, here comes the list of top performers of the past week.
DSP BlackRock World Gold Fund -Direct Plan-Growth The fund looks to appreciate the capital by investing primarily in the units of Blackrock Global Funds. Designed for high-risk and long-term investors, the fund has clocked an Asset Under Management (AUM) of Rs 386.53 crore as on Aug 31, 2016. Return of the fund is showcased below.
NAV- Rs 15.75/unit 1-Week Return- 10.05% Expense Ratio-1.38%
DSP BlackRock World Gold Fund-Regular Plan-Growth Want to appreciate the capital? Get on to DSP BlackRock World Gold Fund-Regular Plan-Growth, which has accumulated an AUM of Rs 386.53 crore as on Aug 31, 2016.
Want to appreciate the capital? Get on to DSP BlackRock World Gold Fund-Regular Plan-Growth, which has accumulated an AUM of Rs 386.53 crore as on Aug 31, 2016. Here’s the return and other details of the fund. NAV- Rs 15.50/unit 1-Week Return- 10.04% Expense Ratio-1.38%
Kotak World Gold Fund-Standard Plan-Direct Plan- Growth The fund invests primarily in Falcon Gold Equity Fund and other overseas mutual fund schemes to give a boost to the growth of your invested capital. Searching for a fund to get your liquidity requirements met? This fund is just the one that will serve the very purpose by investing the corpus in debt, liquid or money market instruments.
The fund invests primarily in Falcon Gold Equity Fund and other overseas mutual fund schemes to give a boost to the growth of your invested capital. Searching for a fund to get your liquidity requirements met? This fund is just the one that will serve the very purpose by investing the corpus in debt, liquid or money market instruments. NAV- Rs 12.30 per unit 1-Week Return- 8.84% Expense Ratio-1.90%
Goldman Sachs PSU Bank BeES Fund
It is an exchange traded fund that seeks to generate returns, prior to expenses, which correspond closely to the overall returns of the underlying securities in the Nifty PSU Bank index. If you want to let your capital appreciate over the long-term, then this is one of the funds to bet on as it has been a consistent performer ever since its inception in 2007.
It is an exchange traded fund that seeks to generate returns, prior to expenses, which correspond closely to the overall returns of the underlying securities in the Nifty PSU Bank index. If you want to let your capital appreciate over the long-term, then this is one of the funds to bet on as it has been a consistent performer ever since its inception in 2007. NAV- Rs 369.73 per unit 1-Week Return- 7.63% Expense Ratio-0.49%
DSP BlackRock World Mining Fund-Direct Plan-Growth
Have a big risk appetite? Invest in the growth option of DSP BlackRock World Mining Fund, which is ideally suited for investors with a long-term horizon and high risk-taking capacity. Incepted in 2009, the fund has clocked an AUM of Rs 13 crore. Here’s how the fund has performed in the past one week.
NAV- Rs 6.74 per unit 1-Week Return- 6.17% Expense Ratio-1.23%