45% equity mutual fund schemes underperform their benchmark in five years

THE ECONOMIC TIMES Fri, Sep 06, 2019 | 08:10 AM IST Mutual Funds Newsletter

45% equity mutual fund schemes underperform their benchmark in five years The value-oriented category was the worst performer, with 67% schemes underperforming their benchmark. Large cap ETFs beat actively-managed funds, index funds. What should be your pick? Many mutual fund managers believe that index schemes are likely to gain popularity in India in the coming months Mirae Asset Large Cap Fund: Fund review Focus on returns, cash flow pays off. Do not worry about value category not doing well in the short-term, says Kaustubh Belapurkar, Morningstar Investment Value-oriented funds is the third worst performer in the last one year. The category is the worst hit in the five year time period. Does it make sense to chase mutual fund toppers? We did some number crunching to find out the churn among toppers in some categories. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 12.53 3.00 6.34 0.23 Invest Now Axis Bluechip Fund-Growth ★★★★★ 11.10 1.71 5.70 0.14 Mirae Asset Large Cap Fund Direct- Growth ★★★★★ 10.51 -1.67 0.36 0.63 Start SIP Mirae Asset Large Cap Fund Regular- Growth ★★★★★ 9.56 -2.72 -0.19 0.54 Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 7.98 -3.56 2.90 1.58 Invest Now FeaturedDSP Equity Opportunities Direct Plan-Growth ★★★★★ 6.91 -4.94 -0.43 1.69 Start SIP DIY Mutual Fund Tools: SIP Calculator in excel Most mutual fund investors know that they need to invest regularly through SIPs in mutual funds to achieve their various financial goals. Best conservative hybrid schemes to invest in 2019 Conservative hybrid schemes must invest 75-90 per cent of the corpus in debt instruments and 10-25 per cent of the corpus in equity or stocks.

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New Fund Offers Fund Name Category Type Open Close Min Inv ITI Long Term Equity Fund Reg-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Direct-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Direct-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Reg-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Reliance Q Interval Series III Retail-D Debt: FMP Open-ended 06 Sep 2019 0.10 Reliance Q Interval Series III Inst-D Debt: FMP Open-ended 06 Sep 2019 0.10 Reliance Q Interval Series III Direct-D Debt: FMP Open-ended 06 Sep 2019 0.10 ICICI Pru Equity Savings-DQ Hybrid: Equity Savings Open-ended 06 Sep 2019 0.16 ICICI Pru Equity Savings Direct-DQ Hybrid: Equity Savings Open-ended 06 Sep 2019 0.16 * 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 03-09-2019 2625.36 1663.37 961.99 8648.25 4746.46 3901.79 30-08-2019 3862.37 2447.62 1414.75 7692.70 5979.61 1713.09 29-08-2019 5426.05 6028.34 -602.29 9811.96 5849.07 3962.89 28-08-2019 2258.11 1952.18 305.93 6566.98 5380.73 1186.25 27-08-2019 3871.18 3644.12 227.06 8052.54 6076.36 1976.18 26-08-2019 3538.25 2870.22 668.03 8718.02 6192.75 2525.27 23-08-2019 3575.23 1941.21 1634.02 10727.78 6828.71 3899.07 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 Kotak Gold Fund Direct-Growth 17.1532 1.56 134.89 - - 0.56 PGIM India Ultra Short Term Direct-Growth 24.9308 0.68 87.22 - - 0.33 Axis Midcap Direct Plan-Growth 38.2200 0.61 2398.76 - 0.85 Axis Midcap Fund-Growth 35.3100 0.60 2398.76 - 2.18 Franklin Build India Direct Fund-Growth 41.4426 0.49 1264.58 - 1.15 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 35.1340 1.03 24.63 - 2.94 UTI Long Term Advantage Fund - Series VI Direct - Growth 7.6732 0.62 374.98 - 2.45 UTI Long Term Advantage Fund - Series VI Regular - Growth 7.4447 0.56 374.98 - 2.45 UTI Long Term Advantage Fund - Series VII Direct - Growth 7.9253 0.56 243.40 - 2.63 UTI Long Term Advantage Fund - Series VII Regular - Growth 7.7120 0.55 243.40 - 2.63 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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