Thursday, 30 April 2020

All you wanted to ask about your debt mutual funds after Franklin Templeton fiasco

THE ECONOMIC TIMES
Fri, May 01, 2020 | 08:14 AM IST

Mutual Funds Newsletter

All you wanted to ask about your debt mutual funds after Franklin Templeton fiasco

Templeton has wound up $4.1 billion of debt funds after a liquidity crisis.

Credit risk funds lose a fifth of their assets in just 3 days

Credit risk funds yielded significantly higher returns than normal debt funds.

Debt funds lose edge; value of 10 schemes erodes over 10% in a year

​At least 10 funds have lost more than 10 per cent over the last one year.

Debt fund managers relieved as RBI opens special liquidity window for mutual funds

The mutual fund industry heaved a sigh of relief after the Reserve Bank of India opened a Rs 50,000-crore special liquidity window for the beleaguered industry that has been facing a severe liquidity crisis.

Everything you wanted to know about RBI's Special Liquidity Facility for Mutual Funds

The Reserve Bank of India announced today that it will open a Rs 50,000-core special liquidity facility for mutual funds (SLP-MF) to ease the liquidity pressure on them.

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
10.49 -0.94 -9.97 8.52
Invest Now
Axis Bluechip Fund-Growth
★★★★★
9.02 -2.12 -10.51 8.38
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
7.03 -1.25 -8.00 12.99
Invest Now
Canara Robeco Bluechip Equity Fund Regular-Growth
★★★★★
5.77 -2.49 -8.56 12.89
Invest Now
Motilal Oswal Focused 25 Fund Direct-Growth
★★★★★
3.94 -1.29 -10.45 14.45
Invest Now
FeaturedAditya Birla Sun Life Tax Relief 96 Direct-Growth
★★★★
2.88 -10.11 -12.05 13.01
Invest Now
Franklin Templeton Mutual Fund pushed sales of 6 plans till just before their winding up

The fund house promised to pay an additional trail brokerage fee of 10 basis points to distributors who mobilised money between April 1 and September 30.

How liquid is your investment portfolio?

Real estate, equity and long-term debt are a definite no in the liquid club. The right instruments for a liquid portfolio are: Cash at bank, Bank FDs, Liquid/Ultra Short-Term Mutual Funds. And although tempting, don't consider your credit card limit as part of your liquid corpus.

TERM OF THE WEEK
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
ICICI Pru FMP - Series 80 1194 Days Plan F-D Debt: FMP Closed-end 04 May 2020 0.05
ICICI Pru FMP - Series 80 1194 Days Plan F Direct-D Debt: FMP Closed-end 04 May 2020 0.05
ICICI Pru FMP - Series 80 1187 Days Plan G-D Debt: FMP Closed-end 04 May 2020 0.05
ICICI Pru FMP - Series 80 1187 Days Plan G Direct-D Debt: FMP Closed-end 04 May 2020 0.05
ICICI Pru FMP - Series 81 1101 Days Plan C-D Debt: FMP Closed-end 04 May 2020 0.05
* 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
28-04-2020 2243.65 2176.96 66.69 3198.44 9702.02 -6503.58
27-04-2020 3180.94 2722.99 457.95 6566.71 10936.75 -4370.04
24-04-2020 2837.75 3889.97 -1052.22 5943.08 10246.05 -4302.97
23-04-2020 2711.56 2924.97 -213.41 8923.12 5718.70 3204.42
22-04-2020 3483.90 2419.95 1063.95 8903.86 5582.75 3321.11
21-04-2020 3179.14 2820.52 358.62 10983.15 8033.28 2949.87
20-04-2020 2535.93 3561.72 -1025.79 11725.50 8681.55 3043.95
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
SBI Banking & Financial Services Fund Direct-Growth 15.4612 5.85 1424.43 - 1.16
SBI Banking & Financial Services Fund Regular-Growth 14.7042 5.82 1424.43 - 2.21
Motilal Oswal Focused 25 Fund Direct-Growth 23.2681 5.13 1185.09 - 1.02
Motilal Oswal Focused 25 Fund Regular-Growth 21.1712 5.11 1185.09 - 2.27
Canara Robeco Emerging Equities Fund Direct-Growth 91.0100 5.06 5345.37 - 0.87
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
Quantum Tax Saving Fund Direct-Growth 42.5600 5.61 70.76 - 1.29
Quantum Tax Saving Regular - Growth 42.1600 5.61 70.76 - 1.79
Aditya Birla Sun Life Tax Relief 96 Direct-Growth 30.0600 5.14 9866.31 - 0.84
Aditya Birla Sun Life Tax Plan Direct-Growth 36.9400 5.12 561.06 - 1.87
Aditya Birla Sun Life Tax Relief 96-Growth 28.0900 5.11 9866.31 - 1.47
Click here to view all TMF ( All Ratings) >>

QUICK LINKS - MUTUAL FUND STATS

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