Comparison Of ICICI Prudential Emerging S.T.A.R. Fund & IDFC Classic Equity Fund

ICICI Prudential Emerging S.T.A.R. Fund

ICICI Prudential Emerging star Fund
It is an open ended equity diversified fund by ICICI Prudential Mutual Fund. Asset size of the fund is Rs 319.31 Cr (30 June 2011). Fund started on 5 Oct 2004. Rs 5,000 is the minimum investment. Mrinal Singh is the fund manager. Fund’s one year return is (-9.4) %. Nifty’s one year return is (-2.5) %. 2008 was a terrible year for global stock markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 68.4% in that period. 2009 was a terrific year for Indian stock markets. Nifty gave 75% return in the year. Fund gave marvelous return by 96.5% in that period. Fund gave 15.3% and 8.8% annualized return in the last two and five years respectively.

Ipca Laboratories, Oracle Financial Services Software, Career Point Infosystems, Torrent Pharmaceuticals, Supreme Industries, Bajaj Corp, Voltas, Natco Pharma, Carborandum Universal, Esab India, kalpataru Power Transmission, Ahuluvalia Contracts India, Corporation Bank, MBL Infrastructures, Philips Carbon Black, Allahabad Bank and Eclerx Services are the top holdings of the fund. Engineering, Technology and Pharmaceuticals are the main sectors preferred by the fund. 90.77% amount is invested in equities. 52 week high and low of NAV is Rs 38.6 and Rs 29.18 respectively. NAV of the fund closed at Rs 31.600 (4 August 2011).

IDFC Classic Equity Fund

IDFC Classic Equity Fund

It is an open ended equity diversified fund by IDFC Mutual Fund. Asset size of the fund is Rs 196.76 Cr (30 June 2011). Fund started on 14 July 2005. Rs 5,000 is the minimum investment. Tridib pathak is the fund manager. Fund’s one year return is (-6.5) %. Nifty’s one year return is (-2.5) %. 2008 was an atrocious year for global capital markets. Nifty gave a negative return of 51% in the year. Fund also gave a negative return of 55% in that period. 2009 was a terrific year for Indian stock markets. Nifty gave 75% return in the year. Fund gave 63.6% return in that period. Fund gave 10.1% and 5.3% annualized return in the last five and two years respectively.

ICICI Bank, Torrent Pharmaceuticals, Oil India, Mahindra & Mahindra, Jammu & Kashmir Bank, Bharti Airtel, HCL Technologies, Titan Industries, Hindustan Zinc, Manappuram Finance, Tata Consultancy Services, Castrol India, TVS Motor Company, Zee Entertainment, Coal India, Havells India, and Whirlpool of India are the top holdings of the fund. Banking/ Finance, Technology and Metal & Mining are the Main sectors preferred by the fund. 95.97% amount is invested in equities. 52 week high and low of NAV is Rs 23.80 and Rs 19.07 respectively. NAV of the fund closed at Rs 19.679 (4 August 2011).

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