Friday, 4 September 2020

Have a longer horizon, don’t expect quick returns, says Vinit Sambre of DSP MF

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THE ECONOMIC TIMES
Fri, Sep 04, 2020 | 08:10 AM IST

Mutual Funds Newsletter

Have a longer horizon, don't expect quick returns, says Vinit Sambre of DSP MF

"Just to put it into perspective, the Nifty Midcap 100 index has fairly quickly recovered over 65% from its recent lows in March'20 and is now barely 5% away from its recent peak achieved pre-Covid in January '20."

L&T Emerging Businesses Fund: should you hold or sell?

Many investors are nervous about the short-term performance of L&T Emerging Businesses Fund. We have spoken to an independent mutual fund advisor and the fund manager to find out their views on the the scheme.

Are you 'really' worried about the performance of your mutual fund scheme?

Many investors in small cap and mid cap schemes are concerned that their schemes have been performing poorly in the last one or two years.

Four Franklin shuttered schemes now cash positive, total flows at Rs 6486 crore

In an update to investors, Franklin Templeton has informed that now 4 of the 6 shuttered schemes have turned cash positive as of August 31.

New Sebi norms will help debt mutual fund investors

The Securities and Exchange Board of India's revised disclosure requirements for debt mutual funds will increase transparency and help investors to take better exit calls, say mutual fund advisors. They believe that the move will offer investors a real time understanding of the portfolio.

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
10.74 10.75 -1.16 4.84
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
9.75 18.76 3.83 5.36
Invest Now
Axis Bluechip Fund-Growth
★★★★★
9.33 9.45 -1.79 4.76
Canara Robeco Bluechip Equity Fund Regular-Growth
★★★★★
8.39 17.06 3.04 5.23
HDFC Index Sensex Fund-Growth
★★★★★
7.54 6.92 1.30 5.63
FeaturedAxis Bluechip Fund Direct Plan-Growth
★★★★★
10.74 10.75 -1.16 4.84
Invest Now
Use index funds to diversify internationally, says Pratik Oswal of Motilal Oswal AMC

"Index funds are getting popular with the Do it yourself (DIY) investors today. Large investors are also warming up on the idea of having a part of their equity allocation in index funds today as a part of their core allocation, " says Oswal

Selling mutual funds to dabble directly in stocks? Have you done the homework?

There is enough data now to at least acknowledge the fact that many new investors are getting into the stock market with the hope of bettering the record of their fund managers.

TERM OF THE WEEK
New Fund Offers
Fund Name Category Type Open Close Min Inv
Union Medium Duration Fund Reg-D Debt: Medium Duration Open-ended 24 Aug 07 Sep 5000.00
Union Medium Duration Fund Reg-G Debt: Medium Duration Open-ended 24 Aug 07 Sep 5000.00
Union Medium Duration Fund Direct-D Debt: Medium Duration Open-ended 24 Aug 07 Sep 5000.00
Union Medium Duration Fund Direct-G Debt: Medium Duration Open-ended 24 Aug 07 Sep 5000.00
Axis Global Equity Alpha Fund of Fund Reg-G Equity: International Open-ended 04 Sep 18 Sep 5000.00
More >>
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
UTI Arbitrage Reg-D Hybrid: Arbitrage Open-ended 07 Sep 2020 0.07
Nippon India Q Interval Series III Retail-D Debt: FMP Open-ended 07 Sep 2020 0.01
Nippon India Q Interval Series III Inst-D Debt: FMP Open-ended 07 Sep 2020 0.01
UTI Arbitrage Direct-D Hybrid: Arbitrage Open-ended 07 Sep 2020 0.07
Nippon India Q Interval Series III Direct-D Debt: FMP Open-ended 07 Sep 2020 0.01
* 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
01-09-2020 1574.96 1838.82 -263.86 4437.58 2459.70 1977.88
31-08-2020 4530.60 3639.02 891.58 6786.77 4912.88 1873.89
28-08-2020 3993.78 4051.84 -58.06 6242.73 5043.32 1199.41
27-08-2020 3290.56 5102.40 -1811.84 7796.33 6437.53 1358.80
26-08-2020 2697.22 3245.17 -547.95 5832.61 4663.93 1168.68
25-08-2020 2848.89 2829.51 19.38 7431.31 4440.13 2991.18
24-08-2020 2764.16 2499.70 264.46 4698.70 5930.69 -1231.99
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
SBI Dynamic Bond Fund-Growth 27.2981 2.36 1460.52 - - 1.64
DSP Government Securities Direct Plan-Growth 74.8853 2.06 971.22 - - 0.57
Nippon India Gilt Securities Fund Direct-Growth 32.2475 1.85 1320.92 - - 0.63
Nippon India Gilt Securities Fund Direct Defined Maturity Date-Growth 32.3346 1.85 1320.92 - - 0.63
SBI Magnum Income Direct Plan-Growth 55.8556 1.67 1310.39 - - 0.86
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
Essel Long Term Advantage Fund Direct-Growth 15.0694 0.64 46.91 - 0.38
Essel Long Term Advantage Fund-Growth 13.9568 0.61 46.91 - 2.33
Motilal Oswal Long Term Equity Fund Direct-Growth 18.2680 0.38 1372.76 - 0.77
Motilal Oswal Long Term Equity Fund Regular-Growth 16.9323 0.36 1372.76 - 2.22
Axis Long Term Equity Direct Plan-Growth 51.7669 -0.10 18907.23 - 0.90
Click here to view all TMF ( All Ratings) >>

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