Oct 27, 2003 02:03 PM
3720 Views
(Updated Oct 27, 2003 02:03 PM)
As I have seen Sundaram mutual fund is irresponsible in the sense that they don't publish NAVs regularly. Today is 27th Oct 2003 and still they have 23 Oct 2003 NAVs. Better switch over to more professionaly managed funds like ICICI Pru, HDFC fund, Franklin Templeton or even for that matter Alliance capital. You won't be able to track your networth in this dynamic market. Espescially Sundaram select Midcap is a laggard in performance compared to other diversified equity. When the market goes up it will move by a small amount and when the market NAV will fall like nine pins !
Probably their staff have gone on a long leave for Diwali. Then how to be sure that your money is safe with them ? Anand Ramakrishnan himself should be sleeping !!! I wonder how AMFI (Association of Mutual funds don't monitor all these things.
