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Opportunity to buy Good Mutual Funds

MFs that bore the brunt of mkts mayhem (CNBC- TV18, Moneycontrol.com 22th Jan 2008)Most of the mutual funds, especially the five-star mutual funds that have done exceptionally well since their inception – they have fallen anywhere between 20-25%. Some of the better-known funds like the Reliance Growth Fund, DSP ML Tiger Fund, Kotak Opportunity Funds – they have all fallen. This could be an opportunity for traders who have missed the train.Some of the funds - like the Reliance NRI Equity Fund has fallen nearly 20%, Kotak Opportunity Fund, a good midcap-spotting fund with AUM are around Rs 450 crore has fallen around 19%, the DSP ML Tiger Fund which has grown from nearly Rs 200 crore AUM to nearly Rs 4700 crore AUM has fallen nearly 20% from its peak, Reliance Growth – it has done well in the last 5 years has fallen 20% too. Read complete article
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