Birla Sun Life is the Richest

August 2008 was a month of contradictory parallels in many ways at the Value Research Fund Ratings. To begin with, the month saw 10 funds being upgraded to the elite 5-star category but at the same time, nine funds lost their 5-star rating. The 10 funds with their newly acquired premium 5-star status were DSPML Equity, DWS Alpha Equity, HDFC Prudence, HDFC Top 200, JM Basic, ICICI Prudential Gilt Investment PF, ABN AMRO Flexi Debt Reg, Principal MIP Plus, UTI Master Index and HSBC Income Short-term. Of these, the first five belong to the equity diversified category. While DWS Alpha Equity achieved the 5-star status for the first time, DSPML Equity, HDFC Prudence and HDFC Top 200 regained this status that they had lost earlier. On the other hand, the nine losers of the month

This article was originally published on September 04, 2008.