Select midcaps will emerge stronger, says Neelesh Surana of Mirae Asset

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THE ECONOMIC TIMES Fri, Jul 31, 2020 | 08:03 AM IST Mutual Funds Newsletter

Select midcaps will emerge stronger, says Neelesh Surana of Mirae Asset The returns of the fund have been about 5x in 10 years -- our optimism sustains, and we continue to be resolute in our faith in India's growth prospects. Does it still make sense to invest in gold? Since gold has delivered very high returns than other asset classes, it has been gaining a lot of traction among investors. Investors build unusual mutual fund portfolios to navigate Covid times Some investors are losing faith in traditional mutual fund portfolios. They are picking and choosing mutual fund categories and building portfolios that they believe would serve them better in these trying times. Is it time to sell your duration debt mutual funds? Most retail Investors use debt mutual funds as a substitute to fixed deposits. Historically, the category has generated better post-tax returns than fixed deposits. Looking for mutual funds with double-digit returns? Here is the list Many investors are disappointed with their mutual fund returns in the last two to three years. They simply can't understand why they are earning meagre returns when the key stock market indices have regained substantially. Some of them are looking for schemes that have given double-digit returns in the past year. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 10.46 6.42 -5.55 5.87 Invest Now Axis Bluechip Fund-Growth ★★★★★ 9.01 5.13 -6.16 5.75 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 8.73 11.11 -2.69 6.68 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.29 10.07 -3.19 6.00 Invest Now HDFC Index Sensex Fund-Growth ★★★★★ 5.92 1.20 -7.49 8.46 Invest Now Will the new Sebi rule boost returns of corporate bond funds? The Securities and Exchange Board of India's new rule asking mutual funds to trade at least 10% of their corporate bond deals through exchanges are likely to enhance transparency and better price for these bonds. Markets will test discipline, temperament of all of us: Kalpen Parekh of DSP Mutual Fund DSP Mutual Fund is a respected name in the mutual fund industry. It has been two years since the fund house parted ways with its foreign partner and started operating on its own. We spoke to Kalpen Parekh, President, DSP Investment Managers, find out how the fund house fared in the last two years, and his plans for it.

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 ICICI Pru Alpha Low Vol 30 ETF-G Equity: Large Cap Open-ended 03 Aug 10 Aug 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 31 Jul 2020 0.10 Canara Robeco Equity Hybrid Reg-DM Hybrid: Aggressive Hybrid Open-ended 31 Jul 2020 0.65 Canara Robeco Consumer Trends Reg-D Equity: Thematic-Consumption Open-ended 31 Jul 2020 1.30 Canara Robeco Short Duration Reg-DM Debt: Short Duration Open-ended 31 Jul 2020 0.06 Canara Robeco Conservative Hybrid Direct-DM Hybrid: Conservative Hybrid Open-ended 31 Jul 2020 0.10 * 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 29-07-2020 1391.07 1691.38 -300.31 1847.12 2770.66 -923.54 28-07-2020 2911.55 3355.94 -444.39 7727.22 7889.47 -162.25 27-07-2020 2304.88 2803.04 -498.16 4286.33 5393.67 -1107.34 24-07-2020 2856.35 3474.66 -618.31 3448.00 2479.28 968.72 23-07-2020 2616.41 3185.64 -569.23 5530.71 4779.10 751.61 22-07-2020 1947.12 3252.46 -1305.34 4839.02 4330.60 508.42 21-07-2020 2265.58 2819.54 -553.96 7261.37 7513.98 -252.61 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 ICICI Prudential Regular Gold Savings (FOF) Direct-Growth 17.8865 5.64 185.70 - - 0.09 Axis Focused 25 Direct Plan-Growth 31.3000 1.23 9283.05 - 0.63 Axis Focused 25 Fund-Growth 28.4100 1.21 9283.05 - 2.01 Axis Small Cap Fund Direct-Growth 31.7500 1.08 2124.83 - 0.30 Motilal Oswal Focused 25 Fund Direct-Growth 25.1893 0.90 1107.01 - 0.88 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 Quant Tax Plan Direct-Growth 103.7687 3.70 9.03 - 0.57 Parag Parikh Tax Saver Fund Direct - Growth 11.4581 2.70 37.69 - 1.16 Parag Parikh Tax Saver Fund Regular - Growth 11.3150 2.67 37.69 - 2.46 SBI Tax Advantage Fund Series III Direct Growth 29.9874 2.22 18.48 - 0.88 SBI Tax Advantage Fund Series III Regular Growth 29.2335 2.21 18.48 - 1.38 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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