Mutual fund houses hold Rs 3,494 crore in Yes Bank’s further downgraded papers

THE ECONOMIC TIMES Fri, Jul 26, 2019 | 08:11 AM IST Mutual Funds Newsletter

Mutual fund houses hold Rs 3,494 crore in Yes Bank's further downgraded papers On July 24, ICRA downgraded Basel III Additional Tier I Bond from A (negative) to BBB+ (negative) and Basel II Lower Tier II Bond from AA- (negative) to A+ (negative). Motilal Oswal Multicap 35 Fund is still a topper on five-year basis, says Aashish P. Somaiyaa, CEO, Motilal Oswal AMC Motilal Oswal Focused 25 Fund and Motilal Oswal Long Term Equity Fund have also slipped to the lower quartile. Best ELSS or tax saving mutual funds to invest in 2019 Many mutual fund investors are hunting for the best Equity Linked Saving Scheme or ELSSs to save taxes under Section 80C of the Income Tax Act. Should you invest in ultra short duration funds for extra returns? Ultra short-duration schemes are debt mutual fund schemes which invest in fixed-income instruments of maturities up to six months. Dynamic bond funds with high-quality, long-duration assets likely to do well, says Dhawal Dalal of Edelweiss MF Dynamic bond funds are generally exposed to three main risks in our opinion – price risk, spread risk and liquidity risk. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth -4.07 7.82 1.75 13.75 Mirae Asset Large Cap Fund Direct- Growth -3.84 6.22 5.62 12.84 Sundaram Select Focus Fund Institutional-Growth -3.71 6.96 2.30 12.34 Axis Bluechip Fund-Growth -4.16 7.20 0.42 12.31 Reliance Large Cap Fund Direct-Growth -4.76 4.10 4.86 11.92 Why is it important to switch from equity mutual funds a few years before your goal? Your investment calculations can backfire you. Is it time to switch to index mutual funds? The discussion gains currency in the backdrop of the failure of most actively-managed large cap funds to beat their benchmark index last year.

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 Focused Fund Reg-G Equity: Multi Cap Open-ended 15 Jul 29 Jul 5000.00 Union Focused Fund Direct-G Equity: Multi Cap Open-ended 15 Jul 29 Jul 5000.00 Union Focused Fund Reg-D Equity: Multi Cap Open-ended 15 Jul 29 Jul 5000.00 Union Focused Fund Direct-D Equity: Multi Cap Open-ended 15 Jul 29 Jul 5000.00 ITI Long Term Equity Fund Reg-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit DSP Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 26 Jul 2019 0.19 Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 26 Jul 2019 0.07 IDFC Bond Medium Term Reg-DB Debt: Medium Duration Open-ended 26 Jul 2019 0.22 Franklin India Dynamic PE Ratio FoF-D Hybrid: Dynamic Asset Allocation Open-ended 26 Jul 2019 0.39 SBI Arbitrage Opportunities-D Hybrid: Arbitrage Open-ended 26 Jul 2019 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 24-07-2019 3857.21 2297.95 1559.26 7463.82 6059.27 1404.55 23-07-2019 3836.91 2157.68 1679.23 7005.12 5446.00 1559.12 22-07-2019 3572.24 1915.72 1656.52 7128.42 5054.26 2074.16 19-07-2019 2731.14 2217.22 513.92 10608.50 8730.84 1877.66 18-07-2019 2514.61 2278.33 236.28 9214.35 7884.21 1330.14 17-07-2019 2265.68 2064.12 201.56 8522.63 6956.63 1566.00 16-07-2019 2627.75 1919.70 708.05 8017.66 7466.14 551.52 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 Fund-Growth 11.7054 0.69 49.27 - - 0.40 DHFL Pramerica Ultra Short Term Direct-Growth 24.2870 0.50 87.22 - - 0.33 Franklin India Ultra Short Bond Fund Super Institutional Direct-Growth 27.1717 0.22 18606.01 - - 0.44 Franklin India Ultra Short Bond Fund Institutional-Growth 26.2064 0.22 18606.01 - - 0.86 Franklin India Ultra Short Bond Fund Super Institutional-Growth 27.0459 0.22 18606.01 - - 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 BNP Paribas Long Term Equity Direct-Growth 39.6260 -1.13 465.26 - 1.24 BNP Paribas Long Term Equity Fund-Growth 37.8400 -1.15 465.26 - 2.42 ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan - Growth 393.8800 -1.34 6299.61 - 1.23 ICICI Prudential Long Term Equity Fund (Tax Saving)- Growth 369.3600 -1.36 6299.61 - 2.14 HSBC Tax Saver Equity Fund Direct-Growth 37.1349 -2.03 157.05 - 1.24 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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