| SYMBOL | NAME | 2011 Performance |
| KOTAKPSUBK | Kotak Mahindra – PSU Bank ETF | -42% |
| PSUBNKBEES | Benchmark – PSU Bank ETF | -41% |
| INFRABEES | Benchmark – Infrastructure ETF | -40% |
| RELBANK | Reliance – Bank ETF | -37% |
| BANKBEES | Benchmark – Bank ETF | -33% |
| JUNIORBEES | Benchmark – Nifty Junior ETF | -32% |
| M50 | Motilal Oswal – M50 ETF | -30% |
| NIFTYBEES | Benchmark – Nifty ETF | -24% |
| SHARIABEES | Benchmark – Sharia ETF | -20% |
| HNGSNGBEES | Benchmark – Hang Seng ETF | -3% |
| GOLDBEES | Benchmark – Gold ETF | 29% |
If you thought a down 25% was bad, Indian banks took it in the chin in 2011. Public Sector Banks lost about 41% while the sector as a whole shed about 33%. So much for “safe” Indian banks. The actively managed Motilal M50 performed worse than the NIFTY. In spite of the year-end weakness, the yellow metal trounced the rest of the market fair and square.
Comments are closed, but trackbacks and pingbacks are open.