Many new DIY mutual fund investors stare at huge losses

THE ECONOMIC TIMES Fri, Mar 27, 2020 | 08:14 AM IST Mutual Funds Newsletter

Many new DIY mutual fund investors stare at huge losses Many new Do-It-Yourself investors who have entered the market in the last two to three years are staring at a loss of 30-40% in their mutual fund portfolio, say mutual fund advisors who have recently interacted with these investors. Thinking of investing all your surpluses in your favourite mutual funds? Read this The market has witnessed the fastest fall in its history. Many stocks are available at extremely attractive or cheap valuations currently in the market. Is it the right time to cut off long-term laggards from your mutual fund portfolio? Many mutual fund investors reckon that being in a scheme with a better track record would help them to make up for the losses when the market starts reviving. Is it a right strategy? Coronavirus scare: Should you stop SIP, switch to debt, invest a lumpsum... Don't invest just because the markets are down. Invest because you were underweight on equity in your overall investments. Don't take any decision in panic - be it selling or buying equities. 5 mutual funds that fell less than the Nifty While the Nifty falling 28% in the past one month, many schemes fell even sharper. But, there are a few schemes that have taken a relatively moderate hit compared to others. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 9.82 -4.62 -14.96 -19.22 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.38 -5.72 -15.42 -19.30 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 4.49 -10.85 -15.62 -22.20 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 3.29 -11.92 -16.14 -22.27 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 1.53 -11.42 -18.74 -22.75 Invest Now FeaturedL&T Midcap Fund Direct-Growth ★★★★★ -4.06 -25.18 -23.57 -29.41 Invest Now No emergency corpus? Now is the time to build it An emergency corpus is critical in uncertain times like this even if it means individuals have to move from equity to debt for the moment. Once an emergency corpus is in place, investors could restart their equity SIPs. Do not invest a lumpsum in the market at this point, says Jinesh Gopani of Axis Mutual Fund The global trade is going to remain under pressure for some time because of the virus threat. As the pandemic has moved to Europe, the issue has become larger.

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 L&T Nifty 50 Index Fund Reg-D Equity: Large Cap Open-ended 24 Mar 31 Mar 5000.00 L&T Nifty 50 Index Fund Reg-G Equity: Large Cap Open-ended 24 Mar 31 Mar 5000.00 L&T Nifty Next 50 Index Fund Reg-D Equity: Large Cap Open-ended 24 Mar 31 Mar 5000.00 L&T Nifty Next 50 Index Fund Reg-G Equity: Large Cap Open-ended 24 Mar 31 Mar 5000.00 L&T Nifty 50 Index Fund Direct-D Equity: Large Cap Open-ended 24 Mar 31 Mar 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit SBI Magnum Income-DH Debt: Medium to Long Duration Open-ended 27 Mar 2020 0.29 SBI Magnum Gilt-DQ Debt: Gilt Open-ended 27 Mar 2020 0.16 SBI Debt Hybrid-DY Hybrid: Conservative Hybrid Open-ended 27 Mar 2020 0.53 Canara Robeco Income Reg-DQ Debt: Medium to Long Duration Open-ended 27 Mar 2020 0.18 Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 27 Mar 2020 0.07 * 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 23-03-2020 4174.55 4234.84 -60.29 4775.99 10663.68 -5887.69 20-03-2020 7269.16 5084.11 2185.05 7960.64 14231.85 -6271.21 19-03-2020 6603.59 3245.46 3358.13 7479.73 11294.84 -3815.11 18-03-2020 10723.27 8525.21 2198.06 8916.41 11779.75 -2863.34 17-03-2020 5890.58 3409.09 2481.49 8963.61 9899.57 -935.96 16-03-2020 5842.53 4773.16 1069.37 12431.30 12403.07 28.23 13-03-2020 10419.58 6125.48 4294.10 9138.43 8167.86 970.57 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 18.2986 6.70 194.51 - - 0.60 Kotak Gold Fund Regular-Growth 17.7043 6.69 194.51 - - 0.60 Motilal Oswal Focused 25 Fund Direct-Growth 20.3781 4.90 1170.08 - 0.90 Axis Bluechip Fund Direct Plan-Growth 28.7000 4.90 9120.49 - 0.60 Axis Bluechip Fund-Growth 26.3800 4.89 9120.49 - 1.71 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 Invesco India Tax Plan Direct-Growth 45.7600 3.91 957.03 - 1.32 Invesco India Tax Plan-Growth 41.2500 3.88 957.03 - 2.39 Quant Tax Plan Direct-Growth 69.2082 3.41 3.45 - 0.57 Quant Tax Plan-Growth 67.1037 3.38 3.45 - 2.48 Canara Robeco Equity Tax Saver Direct- Growth 56.7600 3.33 985.58 - 1.35 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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