Mutual fund returns

I was having a quick look at the mutual fund returns ( by category of mutual funds, as on 14th aug 2012 ) over the last 3 years / 5 years.

The sensex has fared pretty bad over both the time periods i.e 3 and 5 year time line , when compared to the average returns of various fund categories.

The following are the charts for 5 year and 3 year returns from various MF categories (source valueresearchonline ). The charts show the category average,best, worst returns over the time period.

Surprisingly gold funds turn out to be the toppers in the 5 year category. Is it the time for return reversal in gold and equity? Time only would tell.

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