Will you be able to sell units of shuttered mutual fund schemes on exchanges easily?

THE ECONOMIC TIMES Fri, May 29, 2020 | 08:14 AM IST Mutual Funds Newsletter

Will you be able to sell units of shuttered mutual fund schemes on exchanges easily? Sebi last week allowed mutual funds to list units of wound-up schemes on exchanges. Will this provide an exit route to investors stuck in shuttered schemes in future? E-voting soon to wind up 6 Franklin debt plans ​The exact dates and time will be mentioned in the public notice that will be published Are your ultra short duration funds really 'ultra short'? The Franklin Templeton Mutual Fund episode revealed that not all ultra-short duration funds are really "ultra-short." Consider SIP/STP into value, focused, dividend yield or small cap funds: S Naren The Covid-19 pandemic shows no signs of vanishing; the much-awaited economic package from the government hasn't cheered the market. d the market. Add to that the predictions of more lockdowns and economic disruptions. We reached out to S Naren, Executive Director & CIO of ICICI Prudential MF, to make sense of these trying times. Credit risk funds are still relevant, says Mahendra Jajoo, CIO – debt, Mirae Asset Many investors are having second thoughts about their investments in debt mutual funds. Most advisors are asking investors to stay away from most debt mutual fund categories, expect for overnight and liquid funds. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 8.35 -7.69 -14.81 -1.41 Invest Now Axis Bluechip Fund-Growth ★★★★★ 6.91 -8.77 -15.30 -1.50 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 5.36 -6.76 -12.44 0.56 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 4.12 -8.00 -13.05 0.39 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 2.48 -8.57 -14.73 -0.27 Invest Now FeaturedICICI Prudential Multicap Fund Direct Plan-Growth ★★★★★ -2.19 -23.81 -23.16 2.31 Invest Now Will RBI rate cut bring cheer to debt mutual fund investors? A rate cut by RBI always cheers up debt mutual fund investors. However, the Reserve Bank of India's decision to cut its key policy rate by 40 basis points today is unlikely to bring much cheer to investors. Best gilt mutual funds to invest in 2020 Gilt mutual funds are considered ideal for long-term debt mutual fund investors with an aggressive risk profile. However, these schemes are extremely sensitive to interest rate environment.

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

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Equity Hybrid-D Hybrid: Aggressive Hybrid Open-ended 29 May 2020 1.25 Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 29 May 2020 0.10 Canara Robeco Equity Hybrid Reg-DM Hybrid: Aggressive Hybrid Open-ended 29 May 2020 0.10 Canara Robeco Short Duration Reg-DM Debt: Short Duration Open-ended 29 May 2020 0.06 Canara Robeco Conservative Hybrid Direct-DM Hybrid: Conservative Hybrid Open-ended 29 May 2020 0.10 * 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 26-05-2020 5265.46 3013.33 2252.13 7463.65 6354.23 1109.42 22-05-2020 2797.25 3646.25 -849.00 8857.33 7377.22 1480.11 21-05-2020 2194.96 2580.08 -385.12 9199.44 5653.30 3546.14 20-05-2020 3787.64 1755.46 2032.18 7076.00 5585.82 1490.18 19-05-2020 3245.13 2044.67 1200.46 7383.76 6786.16 597.60 18-05-2020 3245.42 3464.25 -218.83 8060.88 6805.66 1255.22 15-05-2020 2489.95 1589.57 900.38 7586.45 5723.34 1863.11 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 SBI Banking & Financial Services Fund Direct-Growth 14.0853 5.74 1424.43 - 1.14 SBI Banking & Financial Services Fund Regular-Growth 13.3830 5.72 1424.43 - 2.39 Mirae Asset Large Cap Fund Direct- Growth 45.4010 4.51 16390.50 - 0.61 Mirae Asset Large Cap Fund Regular- Growth 42.4590 4.49 16390.50 - 1.67 Mirae Asset Tax Saver Fund Direct-Growth 16.0770 4.40 3164.03 - 0.25 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 ICICI Prudential Long Term Wealth Enhancement Fund Direct - Growth 8.4500 4.45 41.46 - 0.86 Mirae Asset Tax Saver Fund Direct-Growth 16.0770 4.40 3164.03 - 0.25 Mirae Asset Tax Saver Fund Regular-Growth 15.0860 4.37 3164.03 - 1.79 UTI Long Term Advantage Fund Series III Direct-Growth 11.1474 4.32 228.43 - 1.40 UTI Long Term Advantage Fund Series III Regular-Growth 10.5884 4.31 228.43 - 1.40 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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