Some equity mutual fund NAVs jumped 8.3% in a day. What should be your strategy?

THE ECONOMIC TIMES Fri, Sep 27, 2019 | 08:14 AM IST Mutual Funds Newsletter

Some equity mutual fund NAVs jumped 8.3% in a day. What should be your strategy? The finance minister has proposed to bring down the basic corporate tax rate from 30% to 22% and 15% for new manufacturing units set up after October 1. Stock market is on a song; what should mutual fund investors do? The corporate tax cut seems to have worked wonders for the sentiment of the stock market. 11 debt mutual fund schemes lost over 1 per cent in a single day The 10-year benchmark government bond yield spiked to around its three-month high to 6.79%, last week, from 6.64%. Thinking of investing in mid cap schemes? Don't forget these important points The rally in the market in the last one week also shows that steps taken towards the economic stability will lead to a revival in the mid cap schemes. Corporate tax cut: your debt mutual funds may give you lower returns The stock market may be celebrating the corporate tax cut, but the debt market participants are nervous about how the government is going to bridge the deficit Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 16.40 17.80 12.16 6.91 Invest Now Axis Bluechip Fund-Growth ★★★★★ 14.92 16.34 11.47 6.78 Invest Now Mirae Asset Large Cap Fund Direct- Growth ★★★★★ 12.71 7.54 2.23 4.96 Start SIP Mirae Asset Large Cap Fund Regular- Growth ★★★★★ 11.74 6.38 1.67 4.86 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 11.03 10.85 9.01 8.25 Invest Now FeaturedMirae Asset Large Cap Fund Direct- Growth ★★★★★ 12.71 7.54 2.23 4.96 Start SIP Double-digit returns in 1, 3, 5 and 10 years. Should you bet on banking sector funds? The top five performers in the category have given over 20 per cent returns in one year Best mutual fund SIP portfolios to invest in 2019 Are you looking for a mutual fund portfolio to achieve your long-term financial goals? Here are some ready-made portfolios

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 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 ICICI Pru Global Advantage Fund-G Equity: International Open-ended 16 Sep 30 Sep 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit ICICI Pru Long Term Bond-DH Debt: Long Duration Open-ended 27 Sep 2019 0.64 SBI Magnum Income-DH Debt: Medium to Long Duration Open-ended 27 Sep 2019 0.29 DSP Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 27 Sep 2019 0.21 DSP Government Securities-DH Debt: Gilt Open-ended 27 Sep 2019 0.74 DSP Savings-DH Debt: Money Market Open-ended 27 Sep 2019 0.33 * 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 24-09-2019 3902.15 2617.03 1285.12 13232.52 12170.47 1062.05 23-09-2019 6399.66 7265.49 -865.83 10897.53 7009.45 3888.08 20-09-2019 7949.96 5778.07 2171.89 10874.69 8094.28 2780.41 19-09-2019 2446.66 1619.10 827.56 9550.52 6086.37 3464.15 18-09-2019 2121.88 1363.16 758.72 11109.60 8031.84 3077.76 17-09-2019 2381.69 2171.42 210.27 6039.47 3588.93 2450.54 16-09-2019 1896.13 1500.19 395.94 7909.43 6133.59 1775.84 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 Motilal Oswal Long Term Equity Fund Direct-Growth 19.0762 10.61 1359.57 - 0.81 Motilal Oswal Long Term Equity Fund Regular-Growth 17.9049 10.58 1359.57 - 2.15 SBI Banking & Financial Services Fund Direct-Growth 19.4388 10.44 833.01 - 1.35 SBI Banking & Financial Services Fund Regular-Growth 18.6105 10.41 833.01 - 2.47 JM Core 11 Direct Plan-Growth 10.0783 10.15 48.68 - 2.22 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 JM Tax Gain Direct Plan-Growth 19.5282 10.81 31.83 - 2.70 JM Tax Gain Fund-Growth 18.0707 10.80 31.83 - 2.70 Motilal Oswal Long Term Equity Fund Direct-Growth 19.0762 10.61 1359.57 - 0.81 Motilal Oswal Long Term Equity Fund Regular-Growth 17.9049 10.58 1359.57 - 2.15 UTI Long Term Advantage Fund Series III Direct-Growth 13.8547 10.19 313.56 - 2.48 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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