ET Rating: SBI Magnum Contra
By ET Bureau |
ET Rating: Gold
Q4 (March ���09) Returns: 1.54%
AUM: Rs 1,639.3 crore
Fund Manager: Pankaj Gupta
The King of Platinum has finally lost its coveted crown and has slipped to Gold for the first time in last twelve quarters. While the fund has shown some improvement in its performance in the current calendar year, slipping the coveted Platinum should not be taken lightly by this fund.
Known as one of the older best performing funds, Magnum Contra now has greater responsibility of beating not only its contemporaries but many new kids on the block who are racing way past its glory.
Q4 (March ���09) Returns: 1.54%
AUM: Rs 1,639.3 crore
Fund Manager: Pankaj Gupta
The King of Platinum has finally lost its coveted crown and has slipped to Gold for the first time in last twelve quarters. While the fund has shown some improvement in its performance in the current calendar year, slipping the coveted Platinum should not be taken lightly by this fund.
Known as one of the older best performing funds, Magnum Contra now has greater responsibility of beating not only its contemporaries but many new kids on the block who are racing way past its glory.
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