Birla Sun Life on a High

May hadn’t been a good month for the Indian stock markets and its succeeding month followed suit. June turned out to be dismal for the overall markets, with not even one equity fund category posting positive results. During the entire month, the markets were in turmoil and predictably, the fund ratings witnessed a number of ups and downs. As many as 13 mutual funds were elevated to the highly esteemed 5-star category. These were Birla Sun Life Asset Allocation Conservative, Birla Sun Life Cash Plus Retail, Birla Sun Life MIP II Savings 5, Birla Sun Life Short-term Retail, Canara Robeco Gilt (PGS), ICICI Prudential Flexible Income, ICICI Prudential Gilt Treasury, Sahara Gilt, Sundaram BNP Paribas Select Focus Reg, Tata Liquid Super HI, Templeton Floating Rate ST Retail, UTI Infrastructure

This article was originally published on July 03, 2008.