Sebi new norms will make debt mutual funds more liquid, diversified, safer

THE ECONOMIC TIMES Fri, Jun 28, 2019 | 08:11 AM IST Mutual Funds Newsletter

Sebi new norms will make debt mutual funds more liquid, diversified, safer The market regulator announced a host of changes in liquid funds and other debt mutual funds. Allow mutual funds to launch a pension product like NPS, says Jimmy Patel of Quantum MF The budget should also help encourage more and more household savings flow into corporate bond market. Best mutual fund SIP portfolios to invest in 2019 Are you looking for an equity mutual fund portfolio to achieve your long-term financial goals? MF investors want FM to junk LTCG tax on equity in Budget 2019 Vijay Chand, 32, Senior Finance & Accounts Officer, ONGC Mumbai, started investing in mutual funds in 2010-11"Equity investors should be rewarded for taking the extra risk of investing in equities. The long term capital gains tax on equity-oriented mutual funds should be removed."Chand also wants the Finance Minister to increase tax deductions permitted under Section 80C from the current Rs 1.5 lakh for ELSS investors. Some pockets in mid, small caps have turned attractive, S Naren of ICICI Pru Mutual Fund We spoke to to S Naren, ED & CIO, ICICI Prudential Mutual Fund, to find out what is in store for mutual fund investors. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth 1.63 12.55 12.51 17.67 Mirae Asset Large Cap Fund Direct- Growth 0.07 10.26 14.34 17.42 JM Core 11 Direct Plan-Growth -0.40 10.83 9.86 17.19 Reliance Large Cap Fund Direct-Growth -2.62 9.77 15.50 17.12 Mirae Asset Large Cap Fund Regular- Growth -0.03 9.65 13.17 16.44 FeaturedDSP Dynamic Asset Allocation Fund Direct-Growth ★★★★★ 0.71 4.33 8.68 9.22 Start SIP Gold prices at six-year high; time to rethink about gold mutual funds? Most mutual fund advisors used to ask investors to take a modest exposure of 10 per cent in gold for diversification. Best dynamic bond mutual funds to invest in 2019 If an investor is unable to take a call on interest rates and change debt mutual fund allocations accordingly, he or she is better off in a dynamic bond fund.

TERM OF THE WEEK Consumer Price Index A comprehensive measure used for estimation of price changes in a basket of goods and serv... read more

New Fund Offers Fund Name Category Type Open Close Min Inv Shriram Balanced Advantage Fund Reg-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 28 Jun 5000.00 Shriram Balanced Advantage Fund Direct-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 28 Jun 5000.00 Shriram Balanced Advantage Fund Reg-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 28 Jun 5000.00 Shriram Balanced Advantage Fund Direct-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 28 Jun 5000.00 Aditya Birla SL Pharma & Healthcare Fund Reg-D Equity: Sectoral-Pharma Open-ended 20 Jun 04 Jul 1000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Aditya Birla SL Equity Hybrid '95-D Hybrid: Aggressive Hybrid Open-ended 28 Jun 2019 2.05 DSP Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 28 Jun 2019 0.21 Franklin India Prima-D Equity: Mid Cap Open-ended 28 Jun 2019 4.31 Canara Robeco Gilt Reg-D Debt: Gilt Open-ended 28 Jun 2019 0.32 SBI Magnum Gilt-DQ Debt: Gilt Open-ended 28 Jun 2019 0.14 * Funds with daily dividend distribution frequency options are excluded More >>

Weekly Mutual Funds Activity Date Equity ( Cr.) Debt ( Cr.) Gross Purchase Gross Sale Net Pur./Sale Gross Purchase Gross Sale Net Pur./Sale 26-06-2019 2580.34 2052.67 527.67 6645.08 5421.88 1223.20 25-06-2019 2717.27 1778.69 938.58 7106.94 6013.71 1093.23 24-06-2019 2520.06 1271.83 1248.23 7848.42 8399.35 -550.93 21-06-2019 3307.07 2694.07 613.00 10447.82 10385.27 62.55 20-06-2019 2602.02 1485.44 1116.58 8478.77 7198.98 1279.79 19-06-2019 2115.99 2164.89 -48.90 9269.69 6830.47 2439.22 18-06-2019 2117.42 1591.75 525.67 8774.04 6181.88 2592.16 Click here to view all WMF >>

Top Mutual Funds of the week (5-Star Rating) Scheme Name Nav Returns Ratings AUM(Cr.) Style Box Expense Ratio Equility Debt Aditya Birla Sun Life Equity Fund Direct-Growth 775.2700 2.50 10220.11 - 1.03 Aditya Birla Sun Life Equity Fund-Growth 729.9000 2.48 10220.11 - 1.98 ICICI Prudential Banking and Financial Services-Growth 68.3100 2.35 2720.40 - 2.21 Franklin Build India Direct Fund-Growth 47.1991 1.85 1156.00 - 1.27 Franklin Build India Fund-Growth 43.7265 1.83 1156.00 - 2.27 Click here to view all TMFW (5 Star) >>

Top Mutual Funds (All Ratings) Scheme Name Nav Returns Ratings AUM(Cr.) Style Box Expense Ratio Equility Debt ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan - Growth 412.3500 2.54 5686.28 - 1.32 ICICI Prudential Long Term Equity Fund (Tax Saving)- Growth 386.9600 2.53 5686.28 - 2.16 Sahara Tax Gain Direct Fund-Growth 80.1116 1.58 5.26 - 2.98 Sahara Tax Gain Fund-Growth 76.1905 1.57 5.26 - 2.98 UTI Long Term Advantage Fund Series III Direct-Growth 14.4433 1.32 337.11 - 2.48 Click here to view all TMF ( All Ratings) >>

QUICK LINKS - MUTUAL FUND STATS 3 Best Funds- Category Wise Top Tax Saving Schemes Schemes with Lowest Expense Ratio Top Performing Schemes Latest Dividends Schemes with Highest Risk Adjusted Returns Top Star Rated Schemes AUM Monitor Category Performance Exchange traded funds

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