By
Mr. B. Padmanaban, CFPCM
Certified
Financial Planner
When we read the newspaper or listen to TV channel, yesterday
seems to be one of the big falls in the market.
When we look at Sensex or Nifty
is concerned. When we invest in a mutual fund, we are not investing on these
index directly, please do remember so our returns are much superior.
B. Padmanaban, CFP, Chennai |
Look at yesterday's fall, even mid and small cap indices also
match the similar fall in percentage of Sensex & Nifty, yet the mutual fund
NAV falls much lesser than in Small and Midcap than the large cap funds.
Fund
|
Yesterday Fall in %
|
MOSL Multicap 35
|
-0.81%
|
Sundaram Select Midcap
|
-0.88%
|
DSPBR Microcap
|
-1.01%
|
MOSL Midcap 30
|
-1.03%
|
ICICI Pru Value
Discovery
|
-1.05%
|
IDFC Premier
|
-1.06%
|
Kotak Midcap
|
-1.06%
|
DSPBR Small &
Midcap
|
-1.10%
|
Franklin Smaller
Companies
|
-1.18%
|
Franklin Prima Plus
|
-1.22%
|
IDFC Classic
|
-1.24%
|
HDFC Midcap
Opportunity
|
-1.25%
|
SBI Magnum Midcap
|
-1.26%
|
SBI Bluechip
|
-1.27%
|
Mirae Emerging
Bluechip
|
-1.28%
|
ICICI Pru Select
Largecap
|
-1.29%
|
BSL Small & Midcap
|
-1.31%
|
IDFC Sterling
|
-1.49%
|
BNP Paribas Midcap
|
-1.51%
|
UTI Midcap
|
-1.54%
|
Mirae Asset
Opportunities
|
-1.64%
|
L&T Emerging
Business
|
-1.67%
|
Reliance Smallcap
|
-1.80%
|
HDFC Top 200
|
-1.89%
|
HDFC Equity
|
-1.93%
|
If you look at the FII versus DII transaction, DII matched 75%
of buying of what FII sold, this is the healthy sign which we never seen in any
of the previous bull markets.
Nifty
|
-1.56%
|
BSE Sensex
|
-1.56%
|
BSE Midcap
|
-1.50%
|
BSE Smallcap
|
-1.41%
|
FII (-911.53 Crore)
|
|
DII (679.49 Crore)
|
As long as our client investment as well as our personal
investment is long term in nature, it is better to consider mid and small cap
fund rather than large cap funds, though mid and small cap space is little more
volatile than large cap (as long as the tenure is concerned).
Wealth creation is possible only in this space, which I
reiterated time and again through various articles.
B.
Padmanaban, CFPCM
Certified
Financial Planner
9884349173
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