Gyrations Aplenty

As has been the case for the past many months, the Value Research Rating Radar witnessed some amount of volatility in January 2009 as well. With the Indian capital markets going through turbulent times thanks to the Satyam fiasco, the fate of the mutual funds was predictably similar. The performance of the equity diversified category in January was nothing worth writing home about and a majority of the funds in this category didn't fare too well in the Value Research Star Ratings either. The funds with the saddest stories to tell were Sundaram BNP Paribas CAPEX Opportunities Reg's Growth and Dividend plans. These two funds were amongst the month's worst three performers in the equity diversifi

This article was originally published on February 04, 2009.