Debt mutual funds take a tumble as DHFL slips on payment

THE ECONOMIC TIMES Fri, Jun 07, 2019 | 08:11 AM IST Mutual Funds Newsletter

Debt mutual funds take a tumble as DHFL slips on payment DHFL Pramerica Medium Term Fund, with assets of Rs 35 crore, saw its NAV plunge 52.99 per cent. RBI cuts repo rate by 25 bps; what should debt mutual fund investors do? A rate cut is a huge positive for debt mutual funds, especially long-term debt mutual funds. What does RBI's 'accommodative' stance mean for debt mutual fund investors? The banking regulator cut its key policy rate, repo rate, by 25 basis points in its policy review on Thursday. There is room for 50-100 bps rate cut. Should debt mutual fund investors change their strategy? Fund managers say that there are many positive factors that may prompt RBI to cut rates twice this year. Long duration bond mutual funds are offering highest returns in one year. Is it time to invest? For a long time, mutual fund managers cautioned the investors against investing in these schemes. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset Large Cap Fund Direct- Growth 2.42 11.81 12.61 16.98 Reliance Large Cap Fund Direct-Growth 1.60 11.80 12.99 16.87 JM Core 11 Direct Plan-Growth 2.84 14.21 7.77 16.63 Axis Bluechip Fund Direct Plan-Growth 4.78 13.48 12.84 16.62 Mirae Asset Large Cap Fund Regular- Growth 2.32 11.18 11.48 16.02 FeaturedMotilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 3.90 10.19 5.62 14.21 Start SIP Best mutual funds to invest in 2019 Our list of top mutual fund schemes that you may consider to invest in 2019. Infrastructure mutual funds offered 62% in 2014 when Modi won. Will they repeat the performance? All the 21 funds in the category were positive, and the lowest return offered by the category was 23 per cent in 2014.

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 MNC Fund Direct-D Equity: Thematic-MNC Open-ended 28 May 11 Jun 5000.00 ICICI Pru MNC Fund-G Equity: Thematic-MNC Open-ended 28 May 11 Jun 5000.00 ICICI Pru MNC Fund Direct-G Equity: Thematic-MNC Open-ended 28 May 11 Jun 5000.00 ICICI Pru MNC Fund-D Equity: Thematic-MNC Open-ended 28 May 11 Jun 5000.00 SBI Capital Protection Oriented Fund - Series A (Plan 4) Direct-G Hybrid: Conservative Hybrid Closed-end 04 Jun 18 Jun 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Reliance Q Interval Series III Retail-D Debt: FMP Open-ended 07 Jun 2019 0.00 Reliance Q Interval Series III Inst-D Debt: FMP Open-ended 07 Jun 2019 0.00 Reliance Q Interval Series III Direct-D Debt: FMP Open-ended 07 Jun 2019 0.00 Reliance FHF XXX Series 3 Reg-D Debt: FMP Closed-end 10 Jun 2019 - Reliance FHF XXX Series 3 Direct-D Debt: FMP Closed-end 10 Jun 2019 - * 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 03-06-2019 1760.60 2080.86 -320.26 7911.68 5689.89 2221.79 31-05-2019 2935.87 2382.71 553.16 14756.45 14052.19 704.26 30-05-2019 4858.99 6786.56 -1927.57 12998.25 15201.17 -2202.92 29-05-2019 2140.40 2044.60 95.80 12041.86 8003.08 4038.78 28-05-2019 2959.34 2872.14 87.20 13044.46 8866.69 4177.77 27-05-2019 2830.22 2994.04 -163.82 11762.15 9636.67 2125.48 24-05-2019 2846.58 2656.59 189.99 10727.45 9735.41 992.04 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 Edelweiss Government Securities Fund Direct-Growth 16.4201 1.47 126.60 - - 0.26 Reliance Income Fund Direct-Growth 64.7820 1.40 279.40 - - 0.87 Reliance Gilt Securities Fund Direct-Growth 27.5628 1.32 925.04 - - 0.69 Reliance Gilt Securities Fund Institutional-Growth 26.0565 1.30 925.04 - - 1.59 Reliance Gilt Securities Fund -Growth 25.7970 1.30 925.04 - - 1.59 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 SBI Tax Advantage Fund Series II- Growth 37.5274 0.74 23.23 - 2.94 IDBI Equity Advantage Fund Direct-Growth 27.9400 0.68 600.01 - 0.84 IDBI Equity Advantage Fund Regular-Growth 26.1300 0.62 600.01 - 2.33 SBI Tax Advantage Fund Series III Direct Growth 26.2810 0.22 19.53 - 1.76 SBI Tax Advantage Fund Series III Regular Growth 25.7665 0.21 19.53 - 2.90 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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