As experts suggest a portfolio review regularly, here's our annual review of the OLM 50 list. This time we are replacing three funds in the OLM 50 list
The Indian equity market is in an upbeat mood, and almost all the funds in the equity category that are part of OLM 50, our basket of curated and handpicked funds, have made the most of it. Not just in equity, but even in the hybrid and debt categories, the majority of our schemes are among the top five schemes in terms of performance over the last year, in their respective categories.
Yet, it's time for the annual review of the OLM 50 list. Experts recommend a portfolio review regularly; we have now made it an annual exercise instead of half-yearly to ensure we give our funds time to breathe across market cycles.
For two years, no mutual fund scheme in any category was dropped, but this time we are tinkering the OLM 50 list slightly, by dropping three schemes and replacing them with the ones in which we see more potential (see The New Entrants and The Dropouts).
HOW DID OLM 50 FARE?
In the equity category, the majority of OLM 50 funds managed to beat the category average. The outperformance was sharper in the small-cap category, while mid-cap funds underperformed. In the hybrid category, all schemes outperformed their benchmarks and the majority of them beat the category average.
Over the past one- and three-year periods, large-cap funds of OLM SO returned 32.13 per cent and 19.38 per cent as against 31.94 per cent and 16.64 per cent by the Nifty 100 TRI index, respectively.
Denne historien er fra June 2024-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra June 2024-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Here's How To Claim Tax Refund If You Missed The ITR Deadline
The Income-tax Act, 1961, allows the refund of any excess income tax deducted on your income beyond your actual tax liability.
26 Spiels You Should Not Fall For
We have a list of 26 traps that you should avoid in your journey to creating wealth
Unified Pension Scheme
The Union Cabinet approved the Unified Pension Scheme (UPS) on August 24, 2024, guaranteeing 50 per cent of the salary as assured pension for central government employees.
Unlocking Financial Freedom with Freedom SIP: A Beginner's Guide
Freedom SIP is the smartest way to finance your retirement because it allows you to ride the compounding rocket to build wealth, even by investing a small monthly sum.
Asset Allocation Strategy to Safeguard Against Market Fluctuations
Invest in different asset classes, such as equities, debt, gold, etc., so that if a particular segment doesn't perform in a given situation, others will come to the rescue.
The Role of Asset Allocation in Investing
A proper mix of asset allocation that aligns with investor's goals is key to the portfolio's long-term performance and reaching milestones.
Why Retirement Planning is Crucial in Life
Retirement planning is the key if you want a financially secure life in your sunset years.
IS SENIOR HOUSING FOR YOU?
Many seniors have taken refuge in senior living facilities in their twilight years as their children have moved abroad. While that may help them ward off boredom, they often come at a huge cost
WITH OR WITHOUT INDEXATION: WHEN DO HOMEOWNERS PAY LESS?
Calculating taxes under both methods-considering inflation and property appreciation-can yield a more precise result
Flexing Its Way Across Market Cycles
Very few funds meet investors' expectations of delivering superior returns across market cycles, and HDFC Flexi Cap Fund is one of them.
