Thursday 10 October 2019

Why investing for 7 years is important for equity mutual fund investors

THE ECONOMIC TIMES
Fri, Oct 11, 2019 | 08:10 AM IST

Mutual Funds Newsletter

Why investing for 7 years is important for equity mutual fund investors

Subir Jha also told the participants to not extend the instant gratification culture in their regular life to investment life.

Ride out this trough patiently, and you will be rewarded, says Jinesh Gopani of Axis Mutual Fund

The policy action on corporate taxation is a big step by the government to regain the growth narrative.

ICICI Prudential Value Discovery Fund: Fund review

The scheme's performance dipped in 2016 and it slipped to third quartile in the value-oriented category.

Reliance Mutual Fund is Nippon India Mutual Fund now. Should you exit?

The name change came after Nippon Life Insurance of Japan completed the acquisition of 75% stake in RNAM from Reliance Capital.

It is the time to invest in small and mid cap mutual funds via SIP: Yogesh Bhatt of ICICI Pru MF

After every correction, we have seen the market going up because the valuations turn attractive, Bhatt told the participants at the ETWIW

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
15.40 20.70 8.50 5.49
Invest Now
Axis Bluechip Fund-Growth
★★★★★
13.93 19.16 7.84 5.35
Invest Now
Mirae Asset Large Cap Fund Direct- Growth
★★★★★
10.97 9.79 -1.77 1.25
Start SIP
Mirae Asset Large Cap Fund Regular- Growth
★★★★★
10.01 8.58 -2.30 1.16
Invest Now
Motilal Oswal Focused 25 Fund Direct-Growth
★★★★★
9.68 15.43 5.41 5.82
Invest Now
FeaturedDSP Bond Direct-Growth
★★★★★
4.47 3.47 -0.79 -0.12
Start SIP
Best multi cap mutual funds to invest in 2019

Many mutual fund managers and advisors have started strongly recommending multi cap schemes after the recent re-categorisation exercise by Sebi.

Mutual funds witness net outflows in September, SIP flows continue to rise

The AUM has fallen to Rs 25,60,423 crore in September from Rs 25,63,935 crore in August.

TERM OF THE WEEK
New Fund Offers
Fund Name Category Type Open Close Min Inv
ITI Long Term Equity Fund Reg-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00
ITI Long Term Equity Fund Direct-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00
ITI Long Term Equity Fund Direct-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00
ITI Long Term Equity Fund Reg-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00
Motilal Oswal Large and Midcap Fund Reg-D Equity: Large & MidCap Open-ended 27 Sep 11 Oct 500.00
More >>
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
Kotak Equity Savings Reg-DM Hybrid: Equity Savings Open-ended 14 Oct 2019 0.05
Kotak Equity Savings Direct-DM Hybrid: Equity Savings Open-ended 14 Oct 2019 0.05
ICICI Pru Balanced Advantage-D Hybrid: Dynamic Asset Allocation Open-ended 15 Oct 2019 0.90
Mirae Asset Savings Fund Regular Savings-DQ Debt: Low Duration Open-ended 15 Oct 2019 10.80
Mirae Asset Savings Fund Direct Plan-DQ Debt: Low Duration Open-ended 15 Oct 2019 14.41
* 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
09-10-2019 2922.06 2038.08 883.98 6824.18 4210.14 2614.04
07-10-2019 3144.70 2430.78 713.92 4701.34 4241.48 459.86
04-10-2019 2469.97 2438.71 31.26 8311.94 7336.83 975.11
03-10-2019 2986.37 2293.56 692.81 9213.23 8541.88 671.35
01-10-2019 3436.98 2595.12 841.86 10439.64 5320.86 5118.78
30-09-2019 3775.38 3422.14 353.24 7607.82 6627.79 980.03
27-09-2019 2327.55 2027.43 300.12 9364.14 9448.13 -83.99
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
Kotak Gold Fund Direct-Growth 16.5950 1.24 162.82 - - 0.56
Nippon India Arbitrage Fund Direct-Growth 20.3484 0.26 8995.25 - 0.51
Axis Midcap Direct Plan-Growth 40.6600 0.25 2768.73 - 0.84
Nippon India Arbitrage Fund-Growth 19.6171 0.25 8995.25 - 1.08
Edelweiss Arbitrage Fund Regular-Growth 14.2118 0.24 3788.78 - 1.09
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
SBI Long Term Advantage Fund Series II Direct Growth 13.7500 0.06 26.40 - 1.76
SBI Long Term Advantage Fund Series II Regular Growth 13.4962 0.05 26.40 - 2.89
SBI Long Term Advantage Fund Series IV Direct - Growth 13.5022 0.03 145.81 - 1.75
SBI Long Term Advantage Fund Series IV Regular - Growth 13.2067 0.02 145.81 - 2.75
BOI AXA Midcap Tax Fund Series 1 Regular - Growth 8.4200 0.00 77.34 - 2.80
Click here to view all TMF ( All Ratings) >>

QUICK LINKS - MUTUAL FUND STATS

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