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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THE ECONOMIC TIMES Fri, May 29, 2020 | 08:14 AM IST ET Investment Opportunities

Why only 5% investors make money in the stock market One investor gets good returns from the stock while another sees a loss on the same. Covid-19 blues: This sector is biggest bet to create most wealth Some analysts see this sector as the best bet to multiply money within a short span of time. Nothing is changing in the next three months, says Samir Arora Things have a way of turning around with new sectors or stocks emerging. Mark Mobius says Covid-19 created best opportunity in markets Mark Mobius said Modi government acted fast on reforms, particularly on labour reforms.

Advertorial Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis Advertorial ET Catalyse Virtual: The role of brand communication during a lockdown

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth -1.41 -14.81 -7.69 8.35 Axis Bluechip Fund-Growth -1.50 -15.30 -8.77 6.91 Canara Robeco Bluechip Equity Fund Direct-Growth 0.56 -12.44 -6.76 5.36 Canara Robeco Bluechip Equity Fund Regular-Growth 0.39 -13.05 -8.00 4.12 Motilal Oswal Focused 25 Fund Direct-Growth -0.27 -14.73 -8.57 2.48 FeaturedAxis Long Term Equity Direct Plan-Growth ★★★★★ -1.03 -16.40 -9.90 5.10 Start SIP

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Stocks where promoters raised stakes during Oct-Mar down 55% Data showed promoters of at least 24 companies raised stakes during the past two quarters. Trying to figure out new market leaders post Covid disruption? In fact, many analysts remain bullish on some of these stocks. India's PMS industry delivering abysmal returns! Here is why Returns (if one can even call them that) have been worse than putting money under the mattress. Investors' Guide: Why MF SIPs are the best thing to be with now BSE Sensex has lost nearly 10 per cent this month alone.

View: Enter Nifty at current levels from 3-5 years' perspective 'The biggest driver for economic recovery will be demand revival and consumption' When will bank stocks look up? Not anytime soon, say analysts Things were looking up for banking stocks just before the Covid-19 crisis hit.

Real Estate News

Realtors' body asks PM for urgent relief The association, which has some 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand.

Consider infusing Rs 500 crore in Amrapali projects: SC to govt The receiver urged the top court to direct the home buyers to deposit their outstanding installments as per the cash flow mentioned in the project brief within three months from the date of publication on the receiver's blog/website.

Reverse migration may raise housing demand in tier-II, III cities Currently, the top seven cities account for almost 70 per cent of India's residential market, with the remaining 30 per cent accounted for in tier-II and III cities. This ratio may well change in times to come, it said.

Metro, proximity to job hubs big draws of this Hyderabad locality The locality enjoys excellent connectivity through road and metro. It is close to major educational institutions such as ISB, IIIT, University of Hyderabad and JNTU.

Repo cut, moratorium breather for realty According to Jaxay Shah, Chairman, CREDAI National, the RBI's preponed monetary policy announcements to tackle covid-19 are short term piecemeal solution for a long term problem and the industry continues to wait for one-time restructuring of loans.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   More >>

Views and Recommendations

Accumulate L&T Infotech, target price Rs 2,038: Angel Broking 28 May, 2020, 02:32 PM IST The brokerage expects the company to outperform the sector. Accumulate Hold Supreme Industries, target price Rs 1,040: ICICI Direct 28 May, 2020, 02:28 PM IST The brokerage says the FY21E performance of the company is likely to be impacted by less spending in construction and infra related works owing to Covid-19 pandemic. Hold Hold Grindwell Norton, target price Rs 550: ICICI Direct 28 May, 2020, 01:48 PM IST Going forward, the brokerage expects stable growth in the plastics segment due to niche value added products in life sciences. Hold Reduce Bosch, target price Rs 8,730: ICICI Direct 28 May, 2020, 01:12 PM IST The brokerage says as the company continues to evolve as a solutions provider, it would continue to command higher margins than pure product providers. Reduce

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