Saturday 1 April 2023

Mutual Funds Asset Class Returns 31Mar2023 - vrk100 - 01Apr2023

Mutual Funds Asset Class Returns 31Mar2023 

 

 
 
This is an update of an earlier blog posted on 31Dec2022. Now, I present the data as at the end of 31st of March, 2023. The data contain select categories of mutual funds in India, numbering sixteen, from equity, debt and commodity (gold) categories.

Table 1: Asset return matrix - annual returns (top to bottom returns in 2022) >  
 
Please click on the image to view better > 

 
 

(the blog continues below)

-------------------
 
Related Blogs on Mutual Funds:
 
Understanding Corporate Debt Market Development Fund (CDMDF) 

Negative Impact of Debt Mutual Fund Tax Changes 
 
EPFO Investments in Stocks Via ETFs

Why Do Indian Equity MFs Always Disappoint Investors?
 
Indian Mutual Funds and the Art of Ripping off Investors
  
Who is Eating My Gold ETF Return?

Mutual Fund Asset Class Returns 31Dec2022

Mutual Fund Asset Class Returns 30Jun2022

Mutual Fund Asset Class Returns 31Mar2022
 
Mutual Fund Asset Class Returns 31Dec2021


-------------------
 

What the above table 1 reveals is:

> asset classes are cyclical in nature

> gold ETFs continues to do well in first quarter, continuing the success of 2022

> gold provided the highest return in the first quarter of 2023 compared to other asset class mutual fund returns in the above table

> Equity International category of mutual funds provided the worst return in 2022, but in the first quarter of 2023, they provided the second best return after gold

> if you look closely at the data, you can get more insights

 
The above table 1 is presented below, with the same data, but in alphabetical order >

 

Table 3: Asset return matrix - trailing returns (10-year returns top to bottom)  > 
 
Please click on the image to view better > 
 


What Table 3 reveals is: 

> Small-cap equity funds have provided best returns on a 10-year trailing returns basis, though they have provided no returns as a category in the past one year

on a 10-year trailing basis, equity mid-cap and flexi cap funds too have provided inflation-beating returns 

> Gold, arbitrage and credit risk funds have provided poor returns on a 10-year trailing basis


The above table 3 is presented below, with the same data, but in alphabetical order >

 

  


- - -
 
-------------------
 
References:

Important information relating to SEBI categorization and rationalization of mutual fund plans introduced in 2017:

 
SEBI circular dated 06Oct2017
 
SEBI circular dated 04Dec2017
 
 
 
 

-------------------
 
Read more:
 
Global Market Data 31Mar2023
 
Understanding Corporate Debt Market Development Fund (CDMDF)
 
A Brief Outline of Dixon Technologies (India) Ltd 
 
General Market Chatter 
 
Negative Impact of Debt Mutual Fund Tax Changes
 
Emami Limited Buyback Offer 2023
 
When Is The Next Buyback Offer Likely To Be?
 
Ajanta Pharma Buyback Offer 2023
 
Natco Pharma Buyback Offer 2023
 
When Will US Federal Reserve Stop Hiking Interest Rates?
 
Why Do Indian Equity Mutual Funds Always Disappoint Investors?

Adani Stocks Meltdown and Nifty Next 50 Index

Are Indian Stocks Immune to Adani stock Meltdown?

Meltdown in Adani group Listed Stocks

Indian Stock Market Moves Fully to T+1 Settlement

India Up the Ladder in MSCI EM Index 

New Rules on Ex-date and Record date

Weblinks and Investing

-------------------

 

Disclosure:  I've vested interested in Indian stocks and other investments. It's safe to assume I've interest in the financial instruments / products discussed, if any.

Disclaimer: The analysis and opinion provided here are only for information purposes and should not be construed as investment advice. Investors should consult their own financial advisers before making any investments. The author is a CFA Charterholder with a vested interest in financial markets. 

CFA Charter credentials  - CFA Member Profile

CFA Badge

 

He blogs at:

https://ramakrishnavadlamudi.blogspot.com/

https://www.scribd.com/vrk100

Twitter @vrk100 
 

No comments:

Post a Comment