Friday, July 03, 2009

Funds dominate world top-100 stock funds


Fifty one India-focused funds were among the world's top 100 performing stock funds in
the quarter to June as domestic shares leapt by nearly half, recording their biggest surge in
17 years, data from fund tracker Lipper showed.
They are led by those investing in shares of infrastructure firms, a favoured theme in Asia's
third largest economy after the Congress-lead coalition won a strong mandate in April-May
polls raising hopes for higher spending on roads, ports and bridges.
source :
http://in.news.yahoo.com/137/20090703/748/tbs-funds-dominate-world-top-100-stock-f.ht
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