India's first two-front battle

To keep you updated, we send Daily Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

THE ECONOMIC TIMESDaily Newsletter Fri, Jul 03, 2020 | 03:55 PM IST

#ImpactOfTrumpVisaBan#AllAboutH-1BVisa#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day First China, now Pakistan: India faces its 1st 2-front battle India has fought 4 wars with China and Pakistan since it gained freedom from British rule in 1947.... Mukesh Ambani gets Intel inside for Jio Berkshire may have been snookered in Germany World's 5th-largest reserve kitty gives India relief Is the app ban effective way to counter LaC brawl? I-T department refunds Rs 62,361 crore during lockdown 7 in 10 employees say their cos offered complete WFH The Hyderabad firm at the forefront of vaccine race

Debate This Is an app ban enough for China? Economically damaging China may be next to impossible for India, given its dependence on its northern neighbour in sectors from pharma to telecom. Banning apps may be a token of India's will to impose economic costs on China in the event of Beijing persisting with its unilateral moves on the LAC. But confronting the superpower in cyberspace is of little use unless it can be followed up with large-scale efforts to ramp up local manufacturing.

SENSEX 36021.42 177.72 NIFTY 50 10607.35 55.65 USD/INR 74.63 -0.39

Top Gainers NSE 3 companies (largecap) appreciated more than 5% Hindustan Aeronautics Ltd. 9.94% BEL 9.15% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -5% Motherson Sumi -5.35% More from Losers

More From our Partners Register for LIVE discussion with MDs & CEOs: How companies can innovate and stay relevant post-pandemic Measures successful organizations take to create a culture of empathy and problem solving with design thinking.

Short timeline for India vaccine test raises doubts Dozens of vaccine candidates are at various stages of development around the world to control the coronavirus pandemi... Scheduled intl flights suspended till July 31 'Buffett, no more an icon; he missed greatest rally' Big brother for e-commerce in India? PM Modi in Ladakh lauds Indian soldiers' bravery Madhuri Dixit 'devastated' by Saroj Khan's demise Your car insurance changes from next month 2020's breakout app is Ambani's next target

More From our Partners This company is cajoling all curd lovers with its innovation The latest offering from the brand takes innovation to a new level.

Top Slideshow India battles both China and Pakistan Top Video Sensex rises 178 pts in rangebound trade

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

Gold near Rs 50,000. Does it make sense to invest now?

To keep you updated, we send Mutual Funds Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

THE ECONOMIC TIMES Fri, Jul 03, 2020 | 08:10 AM IST Mutual Funds Newsletter

Gold near Rs 50,000. Does it make sense to invest now? While global uncertainties may be keeping gold up at the moment, its formidable track record makes a strong case for investments in gold, say fund managers. Equity returns may be in low teens this year: Balasubramanian of ABSL Mutual Fund "If you have the bandwidth to continue your investments, then do not stop them or redeem in a market correction," Balasubramanian advises. Stamp duty to pinch liquid fund returns further The move by the Securities and Exchange Board of India to hold at least 20% of liquid funds' corpus in liquid assets like cash and government securities from July 1 could squeeze returns further. Markets may remain volatile in near term, Nimesh Shah of ICICI Pru MF "No one knows how long the pandemic related situation will continue and hence the fallout from this and the magnitude of economic impact remains hazy." 10 or 12 mutual funds in your portfolio do not guarantee diversification. Here is why? Many new investors are eager to create wealth over a long period. They choose the best equity mutual fund for the purpose. Since they know a little about the advantage of diversifying, they also try to invest in multiple schemes. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 10.42 -3.17 -9.46 4.45 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.97 -4.32 -10.02 4.34 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 8.39 0.15 -6.28 4.99 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.07 -1.21 -6.94 4.80 Invest Now HDFC Index Sensex Fund-Growth ★★★★★ 5.18 -10.59 -14.35 6.34 Invest Now FeaturedICICI Prudential Corporate Bond Fund Direct Plan -Growth ★★★★★ 8.74 11.93 6.48 1.77 Invest Now Upbeat about equity mutual funds? Look at these numbers Many equity mutual fund investors are suddenly feeling positive. The double-digit returns offered by most equity mutual fund categories in three- and one-month periods seem to have reassured many investors, say mutual fund advisors. Is it time to move money from savings accounts to debt mutual funds? Bank saving deposit rates are coming down and this definitely gives debt mutual funds an edge over the savings bank account in terms of post-tax returns. However, the comparison is not that easy.

TERM OF THE WEEK Pink Slip The American expression 'pink slip' is used to describe the termination notices issued by ... read more

New Fund Offers Fund Name Category Type Open Close Min Inv HSBC Focused Equity Fund Direct-D Equity: Multi Cap Open-ended 01 Jul 15 Jul 5000.00 HSBC Focused Equity Fund Reg-G Equity: Multi Cap Open-ended 01 Jul 15 Jul 5000.00 HSBC Focused Equity Fund Reg-D Equity: Multi Cap Open-ended 01 Jul 15 Jul 5000.00 HSBC Focused Equity Fund Direct-G Equity: Multi Cap Open-ended 01 Jul 15 Jul 5000.00 More >>

Weekly Mutual Funds Activity Date Equity ( Cr.) Debt ( Cr.) Gross Purchase Gross Sale Net Pur./Sale Gross Purchase Gross Sale Net Pur./Sale 01-07-2020 1592.42 834.29 758.13 3706.39 3147.35 559.04 30-06-2020 3770.18 1920.52 1849.66 7223.99 5454.75 1769.24 29-06-2020 3370.42 1934.42 1436.00 8293.94 6720.56 1573.38 26-06-2020 2912.43 2198.27 714.16 6935.31 6604.15 331.16 25-06-2020 8956.41 10990.62 -2034.21 6570.42 5501.88 1068.54 24-06-2020 3113.18 4107.85 -994.67 6134.64 5375.81 758.83 23-06-2020 2565.37 2866.46 -301.09 7593.32 6241.43 1351.89 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 15.9942 1.91 1424.43 - 1.16 SBI Banking & Financial Services Fund Regular-Growth 15.1784 1.88 1424.43 - 2.41 HDFC Index Sensex Fund-Growth 314.5485 1.55 787.00 - 0.30 Mirae Asset Tax Saver Fund Direct-Growth 18.0280 1.49 3164.03 - 0.45 Motilal Oswal Focused 25 Fund Direct-Growth 23.9723 1.40 1185.09 - 0.91 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 BNP Paribas Long Term Equity Direct-Growth 39.6530 1.60 457.04 - 1.19 BNP Paribas Long Term Equity Fund-Growth 37.4480 1.57 457.04 - 2.42 HDFC Long Term Advantage Direct Plan-Growth 326.9250 1.55 1266.55 - 1.68 HDFC Long Term Advantage Fund-Growth 313.2090 1.54 1266.55 - 2.20 Mahindra Manulife ELSS Kar Bachat Yojana Direct -Growth 11.1130 1.51 306.15 - 0.68 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 newsletter@economictimesnews.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