Don't compare balanced advantage funds with FDs, debt mutual funds

THE ECONOMIC TIMES Fri, Oct 04, 2019 | 08:09 AM IST Mutual Funds Newsletter

Don't compare balanced advantage funds with FDs, debt mutual funds If some mutual fund advisors and bank sales force are to be believed, balanced advantage funds are the safest investment option in the mutual fund universe Long duration funds might give you 8-9% in long run, says Mahendra Jajoo, Head - Fixed Income, Mirae Asset If investors want to invest, they should prefer SIPs over lump sum investments in long duration funds. Why following your asset allocation is important to meet your goals Mutual fund advisors say they receive a lot of queries related to returns and performance of schemes. DIY Mutual Fund Tools: How much you need to invest for your child's higher education? You can start doing some calculations to figure out when you would want to start and how much you need to invest to achieve your target corpus. You will need an excel sheet to do the same. Follow these step-by-step calculations. The best part is you can save this calculator and use it whenever needed. Do international funds really offer diversification? Mutual fund managers say that investors should understand the difference between portfolio diversification and equity diversification. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 15.43 19.43 8.62 7.64 Invest Now Axis Bluechip Fund-Growth ★★★★★ 13.97 17.97 7.98 7.56 Invest Now Mirae Asset Large Cap Fund Direct- Growth ★★★★★ 11.45 7.41 -1.30 3.96 Start SIP Mirae Asset Large Cap Fund Regular- Growth ★★★★★ 10.49 6.23 -1.84 3.86 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 10.37 14.23 7.44 9.24 Invest Now FeaturedDSP Equity Savings Fund Direct-Growth ★★★★★ 6.32 7.17 1.77 3.53 Start SIP How to choose an ideal debt mutual fund? There are two kinds of risks associated with debt mutual funds: interest rate risk and credit risk Should mutual fund investors fear stock market volatility? Sure, the government has announced a slew of sops to stimulate the struggling economy. However, pundits are not sure when it would start showing results. Add to that an uncertain global scenario, and now you know why the market is likely to remain nervous and why some experts are asking mutual fund investors to brace for volatility

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 ITI Long Term Equity Fund Reg-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Direct-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Direct-D Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ITI Long Term Equity Fund Reg-G Equity: ELSS Open-ended 15 Jul 14 Oct 500.00 ICICI Pru Commodities Fund-G Equity: Thematic Open-ended 25 Sep 09 Oct 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Baroda Hybrid Equity-D Hybrid: Aggressive Hybrid Open-ended 04 Oct 2019 0.29 Baroda Conservative Hybrid-DQ Hybrid: Conservative Hybrid Open-ended 04 Oct 2019 0.14 Nippon India Q Interval Series I Inst-D Debt: FMP Open-ended 04 Oct 2019 0.00 Nippon India Q Interval Series I Retail-D Debt: FMP Open-ended 04 Oct 2019 0.00 Baroda Hybrid Equity Direct-D Hybrid: Aggressive Hybrid Open-ended 04 Oct 2019 0.29 * 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 01-10-2019 3433.25 2593.94 839.31 10439.64 5320.86 5118.78 30-09-2019 3775.38 3422.14 353.24 7607.82 6627.79 980.03 27-09-2019 2327.55 2027.43 300.12 9364.14 9448.13 -83.99 26-09-2019 6480.39 5781.76 698.63 7452.00 10145.45 -2693.45 25-09-2019 2869.13 2782.73 86.40 9758.33 11524.94 -1766.61 24-09-2019 3902.15 2617.03 1285.12 13232.52 12170.47 1062.05 23-09-2019 6586.34 7570.49 -984.15 11370.22 7895.04 3475.18 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 PGIM India Ultra Short Term Direct-Growth 25.3506 44.32 87.22 - - 0.33 Kotak Gold Fund Direct-Growth 16.3910 1.57 134.89 - - 0.56 Nippon India Income Fund Direct-Growth 67.7853 1.16 280.64 - - 0.87 Edelweiss Government Securities Fund Direct-Growth 17.2274 1.16 83.05 - - 0.86 Nippon India Income Fund (Growth) 64.0476 1.14 280.64 - - 1.62 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 Rewards of Investing and Generation of Healthy Tax Savings Fund-Growth 39.0900 0.39 45.97 - 1.41 Quant Tax Plan Direct-Growth 92.4192 -0.75 9.81 - 0.57 Quant Tax Plan-Growth 90.3510 -0.78 9.81 - 2.48 SBI Tax Advantage Fund Series III Direct Growth 26.5667 -1.20 20.77 - 1.76 SBI Tax Advantage Fund Series III Regular Growth 26.0042 -1.21 20.77 - 2.90 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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YES Bank logs biggest daily gain in 14 years | Big Bull lists 5 qualities that make a multibagger | IRCTC IPO subscribed 112 times

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DAILY BRIEF Thu, Oct 03, 2019 #CrudeOil#SmallcapHunters#IPOs#ExpertViews#StockRecos SENSEX 38106.87 -198.54 NIFTY 50 11314.00 -45.90 Gold 37848.00 537.00 USD/INR 70.87 -0.21

TOP OF THE DAY Nifty forms indecisive Doji; outlook positive till index holds 11,250 Mazhar Mohammad of Chartviewindia advised traders to wait for initial signs of strength. Rakesh Jhunjhunwala lists out 5 qualities that make a multibagger With rate cut a given, RBI communication key to market recovery YES Bank clarifies share sales & other issues: Takeaways IRCTC IPO subscribed 111 times so far on Day 3 F&O: Nifty50 finding support at lower levels; India VIX rises 6% Largecap stocks may have just started a rally that will last years

Top Gainers NSE 5 companies (largecap) appreciated more than 5% Zee Ent. 7.89% BPCL 7.63% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -5% Piramal Ent. -5.61% More from Losers 52 Week High NSE 24 companies touched new 52-week high today Adani Green Energy Ltd. 8.32% BPCL 7.63% More from 52 Week High

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Rs 1L crore gone! How much more pain in store for bank stocks? A few brokerages say the situation on the ground is not as weak as it looks. After Market: YES Bank logs biggest one-day gain in 14 years India, Malaysia priciest share markets in Asia BSE suspends brokerage Fairwealth Securities

Market moguls Podcast Video After a big jump, Mr Market cools down ahead of earnings season ETMarkets Evening Podcast: Should you go for buy on dips strategy? Sensex 199 pts down;Nifty barely holds above 11,300

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NSE to delist 9 companies from October 17 According to the National Stock Exchange (NSE), these nine companies are "under liquidation". Slumping data may force Powell to move to third cut Record gold prices keep imports at lowest in three years Better to keep out of YES Bank and RBL now: Hemang Jani

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