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    Thursday, October 17, 2019

    Why investing for 7 years is important for equity mutual fund investors

    THE ECONOMIC TIMES
    Fri, Oct 18, 2019 | 08:10 AM IST

    Mutual Funds Newsletter

    Why investing for 7 years is important for equity mutual fund investors

    Subir Jha also told the participants to not extend the instant gratification culture in their regular life to investment life.

    Ride out this trough patiently, and you will be rewarded, says Jinesh Gopani of Axis Mutual Fund

    The policy action on corporate taxation is a big step by the government to regain the growth narrative.

    ICICI Prudential Value Discovery Fund: Fund review

    The scheme's performance dipped in 2016 and it slipped to third quartile in the value-oriented category.

    Reliance Mutual Fund is Nippon India Mutual Fund now. Should you exit?

    The management change has many existing investors in erstwhile Reliance Mutual Fund schemes worried.

    It is the time to invest in small and mid cap mutual funds via SIP: Yogesh Bhatt of ICICI Pru MF

    After every correction, we have seen the market going up because the valuations turn attractive, Bhatt told the participants at the ETWIW

    Top Mutual Funds
    SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
    Axis Bluechip Fund Direct Plan-Growth
    ★★★★★
    16.66 22.71 8.98 6.97
    Invest Now
    Axis Bluechip Fund-Growth
    ★★★★★
    15.18 21.16 8.30 6.85
    Invest Now
    Mirae Asset Large Cap Fund Direct- Growth
    ★★★★★
    11.97 9.71 -1.81 2.67
    Start SIP
    Mirae Asset Large Cap Fund Regular- Growth
    ★★★★★
    11.01 8.49 -2.35 2.58
    Invest Now
    Motilal Oswal Focused 25 Fund Direct-Growth
    ★★★★★
    10.86 17.06 5.48 7.36
    Invest Now
    FeaturedAditya Birla Sun Life Tax Relief 96 Direct-Growth
    ★★★★
    8.77 2.03 -5.38 2.42
    Invest Now
    Best multi cap mutual funds to invest in 2019

    Many mutual fund managers and advisors have started strongly recommending multi cap schemes after the recent re-categorisation exercise by Sebi.

    Mutual funds witness net outflows in September, SIP flows continue to rise

    The AUM has fallen to Rs 25,60,423 crore in September from Rs 25,63,935 crore in August.

    TERM OF THE WEEK
    New Fund Offers
    Fund Name Category Type Open Close Min Inv
    Kotak Pioneer Fund Reg-G Equity: Thematic Open-ended 09 Oct 23 Oct 5000.00
    Kotak Pioneer Fund Reg-D Equity: Thematic Open-ended 09 Oct 23 Oct 5000.00
    Kotak Pioneer Fund Direct-G Equity: Thematic Open-ended 09 Oct 23 Oct 5000.00
    Kotak Pioneer Fund Direct-D Equity: Thematic Open-ended 09 Oct 23 Oct 5000.00
    ITI Overnight Fund Direct-DY Debt: Overnight Open-ended 09 Oct 23 Oct 5000.00
    More >>
    Forthcoming Dividend
    Fund Name Category Type Record Date Div Per Unit
    Franklin India FMP Series 2 Plan C (1205 Days) Reg-DQ Debt: FMP Closed-end 18 Oct 2019 0.10
    Franklin India FMP Series 4 Plan B (1098 Days) Reg-DQ Debt: FMP Closed-end 18 Oct 2019 0.10
    Franklin India FMP Series 4 Plan F (1286 Days) Reg-D Debt: FMP Closed-end 18 Oct 2019 0.39
    Franklin India FMP Series 4 Plan F (1286 Days) Reg-DQ Debt: FMP Closed-end 18 Oct 2019 0.10
    Franklin India FMP Series 4 Plan F (1286 Days) Direct-D Debt: FMP Closed-end 18 Oct 2019 0.39
    * 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
    15-10-2019 2957.05 2270.76 686.29 7755.44 3782.62 3972.82
    14-10-2019 2880.24 2484.64 395.60 4309.67 2730.71 1578.96
    11-10-2019 2638.54 2847.77 -209.23 7025.69 3733.84 3291.85
    10-10-2019 2776.91 2887.15 -110.24 5692.73 5169.47 523.26
    09-10-2019 3480.25 2417.84 1062.41 7876.56 5186.45 2690.11
    07-10-2019 3387.98 2744.23 643.75 5053.92 6014.41 -960.49
    04-10-2019 2013.22 2064.82 -51.60 7481.62 5282.88 2198.74
    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
    Parag Parikh Long Term Equity Fund Regular-Growth 25.5619 2.20 2061.40 - 2.07
    Axis Long Term Equity Direct Plan-Growth 51.1431 1.94 19312.12 - 0.92
    Axis Long Term Equity Fund-Growth 47.3979 1.93 19312.12 - 1.75
    ICICI Prudential Equity & Debt Fund Direct-Growth 141.2300 1.49 23939.96 - 1.26
    L&T Infrastructure Fund-Growth 15.0300 1.42 1712.96 - 2.19
    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
    Quant Tax Plan Direct-Growth 92.4249 2.22 9.59 - 0.57
    Quant Tax Plan-Growth 90.3000 2.19 9.59 - 2.48
    SBI Long Term Advantage Fund Series III Direct Growth 13.7925 2.02 49.55 - 1.76
    SBI Long Term Advantage Fund Series III Regular Growth 13.2650 2.01 49.55 - 2.87
    Axis Long Term Equity Direct Plan-Growth 51.1431 1.94 19312.12 - 0.92
    Click here to view all TMF ( All Ratings) >>

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