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Myth::
In a volatile market as we have seen in the last calendar, it is expected that the best performers would be the ones who have managed volatility the best. Fact:: The best returns generators have been the worst volatility managers
Scheme JM Small & Midcap JM Emerging Leaders JM Agri & Infra JM HIFI JM Basic
14
48 1
JM HIFI
JM Basic
17
106
159
170 141 148
26
28 30 30
167
Small schemes show much better returns deviation parity than the larger schemes.
HSBC Emerging Markets Quantum Long Term Equity Franklin Asian Equity
49
13 25
10
11 12
170
141 167 140 166
Volatility
Return 9 11 15 32 26
9 13 53 30 7
In the last year, largely defensive strategy has been used by these small funds
Balance between volatility and returns indicate better design and portfolio construct and ensure better future prospects. The schemes are
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