These mutual funds never turned negative in 5- & 7-yr periods since inception

THE ECONOMIC TIMES Fri, Nov 01, 2019 | 08:14 AM IST Mutual Funds Newsletter

These mutual funds never turned negative in 5- & 7-yr periods since inception Since rolling returns are calculated on a series of data, there is a very high probability of decent performance from these schemes. Are more mutual fund investors shifting to direct plans for extra returns? Direct mutual fund plans have managed to corner a market share of a little over 40% in the last six years. Mutual funds had introduced direct plans of schemes six years ago as per Sebi directive. Six common mistakes made by direct investors Most DIY investors, it seems, are in a tearing hurry. They make their investments first, and then ask for validations in various mutual fund forums. Most often the question is very simple: I have invested in xyz scheme. Please tell me whether it is a good scheme? Two things are wrong in this approach. One, the question hardly provides any personal details. Without those details, it is almost impossible for anyone to offer a comment about the scheme or its suitability. Two, the question should always be - is the scheme good for me, not whether it is a good scheme. This can be totally avoided if the questions are asked first. JM Mutual Fund's equity schemes are giving double-digit returns in last one year. Should you invest? JM's equity schemes are invested mainly in bluechip stocks like Bajaj Finance, HDFC Bank, Maruti Suzuki India, Asian Paints, ITC whose recent outperformance is reflecting in its one year performance. Should investors switch to better performing mutual fund schemes? Many investors tend to mistake a 'diversified portfolio' as a portfolio with 'many schemes.' There is a misconception that higher number of funds in one's portfolio can insulate a portfolio better during downturn. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 17.18 26.66 10.03 1.31 Invest Now Axis Bluechip Fund-Growth ★★★★★ 15.69 25.11 9.38 1.22 Invest Now Mirae Asset Large Cap Fund Direct- Growth ★★★★★ 13.39 16.43 3.88 4.54 Start SIP JM Core 11 Direct Plan-Growth ★★★★★ 12.55 23.98 7.07 4.42 Mirae Asset Large Cap Fund Regular- Growth ★★★★★ 12.41 15.14 3.32 4.45 Invest Now FeaturedDSP Savings Direct Plan-Growth ★★★★★ 7.27 8.82 4.58 0.69 Start SIP Best gilt mutual funds to invest in 2019 Gilt mutual funds are considered ideal for long-term debt mutual fund investors with an aggressive risk profile Here's how you can make the most of Diwali cash gifts with mutual funds Mutual fund advisors say that a small amount invested over a long time can become a sizeable amount. Thanks to the power of compounding- your money can get multiplied beyond your imagination.

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 Large & Midcap Fund Direct-G Equity: Large & MidCap Open-ended 15 Nov 29 Nov 5000.00 Union Large & Midcap Fund Direct-D Equity: Large & MidCap Open-ended 15 Nov 29 Nov 5000.00 Union Large & Midcap Fund Reg-G Equity: Large & MidCap Open-ended 15 Nov 29 Nov 5000.00 Union Large & Midcap Fund Reg-D Equity: Large & MidCap Open-ended 15 Nov 29 Nov 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Technology-D Equity: Sectoral-Technology Open-ended 01 Nov 2019 1.57 ICICI Pru Equity & Debt-DM Hybrid: Aggressive Hybrid Open-ended 01 Nov 2019 0.20 Franklin India Opportunities-D Equity: Thematic Open-ended 01 Nov 2019 1.18 Franklin India Dynamic Asset Allocation FoF-D Hybrid: Dynamic Asset Allocation Open-ended 01 Nov 2019 0.39 Franklin India Life Stage FoF 20s-D Hybrid: Aggressive Hybrid Open-ended 01 Nov 2019 1.59 * 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 30-10-2019 755.71 694.79 60.92 1376.82 1011.01 365.81 29-10-2019 3752.65 3557.06 195.59 4203.37 2198.71 2004.66 27-10-2019 10.63 0.88 9.75 0.14 0.25 -0.11 25-10-2019 3321.35 2763.77 557.58 7392.85 3738.02 3654.83 24-10-2019 3210.23 3635.41 -425.18 7467.13 6048.00 1419.13 23-10-2019 3063.79 2960.32 103.47 5775.98 3834.23 1941.75 22-10-2019 4055.17 4724.84 -669.67 4869.34 2957.05 1912.29 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 Nippon India Large Cap Fund Direct-Growth 37.2339 4.52 12246.36 - 1.05 Nippon India Large Cap Fund-Growth 35.0435 4.50 12246.36 - 1.74 Franklin Build India Direct Fund-Growth 44.9404 4.43 1203.30 - 1.15 Franklin Build India Fund-Growth 41.4741 4.40 1203.30 - 2.31 Mirae Asset Tax Saver Fund Direct-Growth 19.5760 3.77 2279.69 - 0.30 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 Nippon India Tax Saver (ELSS) Fund Direct-Growth 57.4997 5.84 9690.79 - 1.29 Nippon India Tax Saver (ELSS) Fund-Growth 54.5178 5.83 9690.79 - 1.73 Quantum Tax Saving Fund Direct-Growth 52.9000 4.22 76.42 - 1.28 HDFC Taxsaver Direct Plan-Growth 538.1180 4.21 6989.34 - 1.40 HDFC Taxsaver-Growth 515.6910 4.20 6989.34 - 1.98 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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