Volatile: this word perhaps best sums up how the markets behaved in January 2005. During the month, the BSE Sensex shed 0.71% to close at 6,556 points; the S&P CNX Nifty was down by 1.11% and ended at 2,058 points.

If December 2004 was a lucrative month for investors; January 2005 proved to be the proverbial 'eye-opener' as investors encountered intense turbulence.

Leading Equity Funds

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Diversified Equity Funds	NAV (Rs)	1-Mth	1-Yr	3-Yr	Incep.	SD	SR
ESCORTS GROWTH (G)	28.14	3.91%	27.58%	37.47%	30.96%	6.71%	0.39%
BOB GROWTH (G)