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October 9, 2001
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Money > Business Headlines > Report October 9, 2001 |
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Reliance Income fund tops Crisil ranking of debt schemesReliance Income Fund (Growth Plan) continued to be the topper for the eighth week at the end of September, according to the ranking released by Crisil.com on Monday. The ranking, which was based on risk-adjusted return ratings, covered 25-odd, debt-linked mutual funds. According to a release issued by Crisil.com, Reliance Income Fund (Growth Plan) had an annualised return of 14.5 per cent over the last one year. The fund had invested 82.27 per cent in debt instruments, 14 per cent in G-Secs and the rest in call and money market instruments. The risk-adjusted returns was computed on the basis of NAVs, and entry and exit loads were not considered in the computation of returns. Reliance was followed by Chola Triple Ace (Cumulative), Sundaram Bond Saver (Growth), Templeton India Income Fund (Growth), Prudential ICICI Income Plan (Growth) and DSP Merrill Lynch Bond Fund (Growth).
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