Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
Such schemes need 3-5 yrs to take advantage of dollar and market risk.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Experts say the size of the fund shouldn't be a primary criterion for selection.
'Focus on companies with healthy balance sheets and return ratios.'
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances