RBI to cut rates soon? What should mutual fund investors do?

THE ECONOMIC TIMES Fri, Mar 06, 2020 | 08:14 AM IST Mutual Funds Newsletter

RBI to cut rates soon? What should mutual fund investors do? "The Reserve Bank of India is monitoring global and domestic developments closely and continuously and stands ready to take appropriate actions to ensure the orderly functioning of financial markets,maintain market confidence and preserve financial stability," Shaktikanta Das said in a statement. Should you stop investing in ELSS mutual funds after this financial year? Taxpayers will have to finalise their investments before March 31, to claim tax breaks of up to Rs 1.5 lakh under section 80C. Here are some frequently asked questions about ELSS these days. 3 easy steps to choose your tax-saving investments this year You have exactly four weeks to finalize your tax-saving investments. In case you forgot, this is the first week of March, and you have to make your investments before 31 March to claim tax deductions on them in this financial year. 4 steps to choose the best international mutual fund International funds have been in the limelight lately due to their impressive performance over the last few years. These schemes have a strong case since 90% of the investment opportunities in the world are outside India. Should you give ELSS a miss this financial year due to market volatility Whenever there is a huge volatile phase in the stock market, it is customary for some investors to ask their mutual fund advisors whether they should continue with their mutual fund investments, considering the volatility in the stock market. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 18.22 19.03 11.21 -3.07 Invest Now Axis Bluechip Fund-Growth ★★★★★ 16.69 17.62 10.54 -3.18 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 13.38 16.28 12.90 -3.76 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 12.08 14.89 12.21 -3.85 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 10.94 17.54 12.45 -3.94 Invest Now FeaturedL&T Midcap Fund Direct-Growth ★★★★★ 7.29 6.53 13.95 -4.35 Invest Now Gold funds offer 27% in one year. Are you tempted to invest more? Investment experts, including mutual fund managers, advisors and financial planners, believe that gold might shine bright for some more time. Sensex down 1,000 points on coronavirus scare; what should mutual fund investors do? The Sensex was down 1,128 points or 2.84% at 10:30 am.

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 Union Midcap Fund Direct-G Equity: Mid Cap Open-ended 02 Mar 16 Mar 5000.00 Union Midcap Fund Reg-D Equity: Mid Cap Open-ended 02 Mar 16 Mar 5000.00 Union Midcap Fund Reg-G Equity: Mid Cap Open-ended 02 Mar 16 Mar 5000.00 Union Midcap Fund Direct-D Equity: Mid Cap Open-ended 02 Mar 16 Mar 5000.00 SBI Capital Protection Oriented Fund - Series A (Plan 8) Direct-G Hybrid: Conservative Hybrid Closed-end 03 Mar 17 Mar 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Nippon India Focused Equity-D Equity: Multi Cap Open-ended 06 Mar 2020 1.33 SBI Long Term Equity Fund-D Equity: ELSS Open-ended 06 Mar 2020 3.01 Nippon India Q Interval Series III Retail-D Debt: FMP Open-ended 06 Mar 2020 0.06 Nippon India Q Interval Series III Inst-D Debt: FMP Open-ended 06 Mar 2020 0.06 Nippon India Value-D Equity: Value Oriented Open-ended 06 Mar 2020 1.55 * 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 04-03-2020 3093.11 2825.66 267.45 14023.57 9838.52 4185.05 03-03-2020 4065.47 2489.13 1576.34 10940.92 8782.42 2158.50 02-03-2020 3620.30 3722.03 -101.73 8712.67 7943.00 769.67 28-02-2020 9919.21 3271.06 6648.15 8912.80 10108.89 -1196.09 27-02-2020 7145.34 8683.57 -1538.23 10384.64 12384.85 -2000.21 26-02-2020 4934.42 2231.83 2702.59 7962.97 6877.29 1085.68 25-02-2020 3295.62 1722.22 1573.40 8687.21 10018.07 -1330.86 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 18.5276 1.49 194.51 - - 0.60 Kotak Gold Fund Regular-Growth 17.9304 1.48 194.51 - - 0.60 Mirae Asset Dynamic Bond Fund Direct - Growth 12.8735 0.91 43.61 - - 0.66 Nippon India Gilt Securities Fund Direct-Growth 30.4807 0.74 1090.76 - - 0.69 Nippon India Gilt Securities Fund Direct Defined Maturity Date-Growth 30.5628 0.74 1090.76 - - 0.69 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 IDBI Equity Advantage Fund Direct-Growth 29.3400 -1.74 581.24 - 1.15 IDBI Equity Advantage Fund Regular-Growth 27.1800 -1.77 581.24 - 2.38 Parag Parikh Tax Saver Fund Direct - Growth 10.5818 -2.14 21.47 - 1.09 Parag Parikh Tax Saver Fund Regular - Growth 10.5035 -2.16 21.47 - 2.39 Aditya Birla Sun Life Tax Relief 96 Direct-Growth 33.7300 -2.18 9668.97 - 0.80 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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