Don’t treat your bank account as an emergency fund

THE ECONOMIC TIMES Fri, Apr 17, 2020 | 08:14 AM IST Mutual Funds Newsletter

Don't treat your bank account as an emergency fund Most of us knowingly or unknowingly let our wants/greed/lavishness take control of our lives. Faced with a 21-day lockdown, most of us have realized our needs were limited - only our wants were unlimited. 46% returns in one year: Should you invest in gold funds now? Gold prices rose to a more than seven-year high on Tuesday. Spot gold gained 0.6% to touch $1,724.72 per ounce. The last highest point was in February when gold touched $1690/ounce. The dos and don'ts for the 2020 meltdown We live in interesting times. Globalization has unleashed many opportunities for the economies world over but has also presented formidable challenges. The accelerated transition of COVID-19 virus from being a regional epidemic to a global pandemic is a glaring example of brutal side effects of an integrated world. Corona crisis is teaching millennial investors the importance of financial security At most junctures, an investor invests in a fund or an asset class according to its past performance. Considering the past performance to be only one of the determinants, a financial planner knows it is more important to have a proper asset allocation than tracking the best fund. Bet on the overall basket of strong performers, says Sundeep Sikka of Nippon India Mutual Fund As the Coronavirus cases across the World touched the one million mark, the economies across the globe are staring at uncertain times. No one currently knows how this pandemic is going to be controlled or when the outbreak will lower its pace of infection. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 9.08 -6.45 -14.16 -4.57 Invest Now Axis Bluechip Fund-Growth ★★★★★ 7.63 -7.54 -14.63 -4.64 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 5.30 -8.23 -11.37 -0.73 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 4.07 -9.38 -11.88 -0.79 Invest Now JM Large Cap Fund Direct Plan-Growth ★★★★★ 2.57 -7.61 -7.75 -0.92 FeaturedICICI Prudential Multicap Fund Direct Plan-Growth ★★★★★ -3.41 -24.40 -19.98 -1.12 Invest Now Changes in portfolio hopefully will help us return to our outperformance levels: Nilesh Shetty of Quantum Mutual Fund The correction has been a great opportunity for a value fund manager, high quality stocks which were priced to perfection are now available at deep discount, says Nilesh Shetty, Associate Fund Manager, Quantum Mutual Fund. Small cap is a space where you buy in panic and wait for bull market to sell: Samir Rachh of Nippon MF Spoke to Samir Rachh, fund manager – equity investments, Nippon India Mutual Fund, to find out what exactly is going on in the small cap space.

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 Motilal Oswal S&P 500 Index Fund Reg-G Equity: Multi Cap Open-ended 15 Apr 23 Apr 500.00 Motilal Oswal S&P 500 Index Fund Direct-G Equity: Multi Cap Open-ended 15 Apr 23 Apr 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Principal Hybrid Equity-DM Hybrid: Aggressive Hybrid Open-ended 17 Apr 2020 0.17 Franklin India Dynamic Asset Allocation FoF-D Hybrid: Dynamic Asset Allocation Open-ended 17 Apr 2020 0.75 Principal Balanced Advantage-DM Hybrid: Dynamic Asset Allocation Open-ended 17 Apr 2020 0.07 Franklin India Dynamic Asset Allocation FoF Direct-D Hybrid: Dynamic Asset Allocation Open-ended 17 Apr 2020 0.75 Principal Balanced Advantage Direct-DM Hybrid: Dynamic Asset Allocation Open-ended 17 Apr 2020 0.08 * 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 13-04-2020 2351.41 3140.95 -789.54 5262.20 6327.37 -1065.17 09-04-2020 2502.83 3680.08 -1177.25 6232.77 4942.76 1290.01 08-04-2020 2110.40 4403.00 -2292.60 4081.04 5709.97 -1628.93 07-04-2020 3461.57 3549.70 -88.13 4098.39 5321.11 -1222.72 03-04-2020 2537.59 2803.77 -266.18 10722.42 6356.01 4366.41 01-04-2020 1678.31 2520.35 -842.04 0.22 0.12 0.10 31-03-2020 5463.78 2325.59 3138.19 8940.99 10419.04 -1478.05 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 Invesco India Infrastructure Fund Direct-Growth 16.6700 5.11 39.94 - 0.79 Invesco India Infrastructure Fund-Growth 14.8900 5.08 39.94 - 2.30 L&T Infrastructure Fund Direct-Growth 11.9400 4.28 1479.34 - 0.91 L&T Infrastructure Fund-Growth 11.2400 4.17 1479.34 - 2.30 Kotak Emerging Equity Fund Direct-Growth 34.5560 2.88 6390.59 - 0.63 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 UTI Long Term Advantage Fund - Series IV Regular - Growth 7.4642 2.68 129.26 - 1.33 UTI Long Term Advantage Fund - Series IV Direct - Growth 7.8147 2.68 129.26 - 1.33 UTI Long Term Advantage Fund - Series V Direct - Growth 7.3794 2.25 134.17 - 1.26 UTI Long Term Advantage Fund - Series V Regular - Growth 7.0443 2.24 134.17 - 1.26 HDFC Taxsaver Direct Plan-Growth 402.3170 2.14 6789.00 - 1.34 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

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox.

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more.

View All

Follow Us on ET:

About us| Advertise with us| Feedback| Sitemap| Code of Ethics © 2020 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here