Use index funds to diversify internationally, says Pratik Oswal of Motilal Oswal AMC

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THE ECONOMIC TIMES Fri, Aug 21, 2020 | 08:10 AM IST Mutual Funds Newsletter

Use index funds to diversify internationally, says Pratik Oswal of Motilal Oswal AMC "Index funds are getting popular with the Do it yourself (DIY) investors today. Large investors are also warming up on the idea of having a part of their equity allocation in index funds today as a part of their core allocation, " says Oswal Selling mutual funds to dabble directly in stocks? Have you done the homework? There is enough data now to at least acknowledge the fact that many new investors are getting into the stock market with the hope of bettering the record of their fund managers. Do you still believe dynamic asset allocation or balanced advantage schemes have lower risk? Are dynamic asset allocation funds or balanced advantage funds losing their charm among investors and advisors? Sure, some fund houses may be still marketing them as a one-stop-solution to conservative equity investors, but many advisors and investors have started questioning the rationale behind these schemes lately. Why multi asset funds make sense for regular investors: Sundeep Sikka, CEO, Nippon India MF The historical data suggests that no single asset class has been a consistent outperformer. As per the historical performance of equity, debt, and gold over the last decade (2010-2019), gold has been the best performing asset class for five years. Gold holds strong potential over long term, says Chirag Mehta of Quantum Mutual Fund There's nothing wrong with gold as an investment, but market dynamics are not a one-way street. While one may have an opinion, the market at large matters far more. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 11.23 8.00 -7.10 3.89 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 9.86 16.10 -2.51 4.88 Invest Now Axis Bluechip Fund-Growth ★★★★★ 9.79 6.68 -7.72 3.79 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 8.51 14.52 -3.26 4.74 HDFC Index Sensex Fund-Growth ★★★★★ 7.62 3.51 -6.19 4.39 FeaturedICICI Prudential Bluechip Fund Direct-Growth ★★★★★ 4.91 4.76 -4.73 5.52 Invest Now RBI holds rates; What should debt mutual fund investors do? The Reserve Bank of India held its policy rate in its monetary policy review held today in line with market expectations. 4.82% in 5 years; does it make sense to invest in ELSS funds to save taxes? Some taxpayers are questioning the wisdom behind investing in ELSS mutual funds to save taxes under Section 80C in this financial year.

TERM OF THE WEEK Repo Rate Repo rate is the rate at which the central bank of a country lends money to commercial ban... read more

New Fund Offers Fund Name Category Type Open Close Min Inv Nippon India Multi Asset Fund Reg-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 21 Aug 5000.00 Nippon India Multi Asset Fund Reg-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 21 Aug 5000.00 Nippon India Multi Asset Fund Direct-D Hybrid: Multi Asset Allocation Open-ended 07 Aug 21 Aug 5000.00 Nippon India Multi Asset Fund Direct-G Hybrid: Multi Asset Allocation Open-ended 07 Aug 21 Aug 5000.00 Baroda Large & Mid Cap Fund Reg-D Equity: Large & MidCap Open-ended 17 Aug 31 Aug 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Nippon India FHF XXXII - Series 9 Reg-D Debt: FMP Closed-end 21 Aug 2020 - Nippon India FHF XXXII - Series 9 Direct-D Debt: FMP Closed-end 21 Aug 2020 - Kotak Equity Opportunities Reg-D Equity: Large & MidCap Open-ended 24 Aug 2020 0.46 Kotak Equity Arbitrage Reg-DM Hybrid: Arbitrage Open-ended 24 Aug 2020 0.02 L&T Large and Midcap-D Equity: Large & MidCap Open-ended 24 Aug 2020 0.13 * 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 17-08-2020 1815.30 2384.89 -569.59 6330.39 6152.84 177.55 14-08-2020 1904.78 2638.48 -733.70 6285.41 4254.34 2031.07 13-08-2020 2926.64 3502.97 -576.33 7540.56 5377.01 2163.55 12-08-2020 2265.10 2777.85 -512.75 7088.87 4663.04 2425.83 11-08-2020 1558.65 2665.83 -1107.18 6243.34 5110.35 1132.99 10-08-2020 2591.10 2914.12 -323.02 6433.64 5962.21 471.43 07-08-2020 2190.29 2391.05 -200.76 5372.26 7253.09 -1880.83 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 Small Cap Fund Direct-Growth 61.7767 4.20 3336.17 - 0.89 SBI Small Cap Fund-Growth 56.6902 4.18 3336.17 - 2.21 Invesco India Infrastructure Fund Direct-Growth 19.9500 3.91 36.72 - 1.37 Invesco India Infrastructure Fund-Growth 17.7400 3.80 36.72 - 2.49 ICICI Prudential Regular Gold Savings (FOF) Direct-Growth 18.0677 3.19 185.70 - - 0.09 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 Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct-Growth 8.8256 5.22 58.89 - 1.20 Sundaram Long Term Micro Cap Tax Advantage Fund Series III Regular-Growth 8.6430 5.21 58.89 - 1.41 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular - Growth 7.3504 5.13 30.73 - 1.39 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct - Growth 7.4759 5.13 30.73 - 1.10 Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct - Growth 7.2998 5.01 31.56 - 1.07 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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