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Will the new Sebi rule boost returns of corporate bond funds?

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THE ECONOMIC TIMES Fri, Jul 24, 2020 | 08:10 AM IST Mutual Funds Newsletter

Will the new Sebi rule boost returns of corporate bond funds? The Securities and Exchange Board of India's new rule asking mutual funds to trade at least 10% of their corporate bond deals through exchanges are likely to enhance transparency and better price for these bonds. Markets will test discipline, temperament of all of us: Kalpen Parekh of DSP Mutual Fund DSP Mutual Fund is a respected name in the mutual fund industry. It has been two years since the fund house parted ways with its foreign partner and started operating on its own. We spoke to Kalpen Parekh, President, DSP Investment Managers, find out how the fund house fared in the last two years, and his plans for it. Axis, ICICI Pru and Mirae Asset mutual fund add maximum folios in FY 19-20 The mutual fund industry added over 68 lakh folios in FY 2019-20, according to data by Association of Mutual Funds in India. Topping the charts were- Axis Mutual Fund, ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Is it the right time to rebalance your mutual fund portfolio? Many investors want to be conservative. Want to switch from small cap to large cap, from 'risky' debt funds to AAA funds. This is not rebalancing. This is you changing your risk-appetite. Don't chase price: Abhishek Bisen, Fund Manager, Kotak Gold Fund "We believe gold investment is an asset allocation call. However, as prices have moved quite a lot, it is advisable to be prudent and wait for some time." Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 11.04 7.09 -4.81 4.66 Invest Now Axis Bluechip Fund-Growth ★★★★★ 9.61 5.81 -5.41 4.58 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 9.15 11.06 -1.89 6.03 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.81 9.49 -2.64 5.87 Invest Now HDFC Index Sensex Fund-Growth ★★★★★ 6.60 0.78 -7.59 8.02 Invest Now Why did your multi asset funds fail to benefit from upside in gold? Multi asset allocation funds are marketed as a one-stop solution to investors looking to have a diversified and balanced portfolio. These schemes typically have a mixed portfolio – usually in equity, debt, and gold. Good businesses across sectors should do well, says Gaurav Mishra of Mirae Asset Large cap mutual fund category has seen net outflows in June. Are investors doubting the dependability of the category that is supposed to do well in uncertain times?

TERM OF THE WEEK FIIs FIIs are those institutional investors which invest in the assets belonging to a different... read more

New Fund Offers Fund Name Category Type Open Close Min Inv Motilal Oswal Multi Asset Fund Reg-G Hybrid: Multi Asset Allocation Open-ended 15 Jul 27 Jul 500.00 Motilal Oswal Multi Asset Fund Direct-G Hybrid: Multi Asset Allocation Open-ended 15 Jul 27 Jul 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Aditya Birla SL Balanced Advantage-D Hybrid: Dynamic Asset Allocation Open-ended 24 Jul 2020 0.11 Aditya Birla SL Balanced Advantage Direct-D Hybrid: Dynamic Asset Allocation Open-ended 24 Jul 2020 0.12 Aditya Birla SL Arbitrage Direct-D Hybrid: Arbitrage Open-ended 24 Jul 2020 0.02 Franklin India FMP Series 2 Plan C (1205 Days) Reg-DQ Debt: FMP Closed-end 24 Jul 2020 0.20 Franklin India FMP Series 4 Plan B (1098 Days) Reg-D Debt: FMP Closed-end 24 Jul 2020 0.86 * 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 22-07-2020 67.67 68.26 -0.59 52.71 360.08 -307.37 21-07-2020 2265.58 2819.54 -553.96 7261.37 7513.98 -252.61 20-07-2020 2258.04 2812.55 -554.51 7446.74 5739.20 1707.54 17-07-2020 2858.69 2644.90 213.79 7552.08 6534.22 1017.86 16-07-2020 4021.65 2427.16 1594.49 12146.69 8451.92 3694.77 15-07-2020 2404.87 3341.12 -936.25 7820.28 5238.59 2581.69 14-07-2020 2323.50 2744.23 -420.73 7170.26 5206.07 1964.19 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 17.0954 7.15 1206.91 - 1.13 SBI Banking & Financial Services Fund Regular-Growth 16.2105 7.13 1206.91 - 2.21 Invesco India Contra Fund Direct-Growth 53.8500 5.03 4200.83 - 0.69 Invesco India Contra Fund-Growth 48.7900 5.02 4200.83 - 1.98 BOI AXA Tax Advantage Direct-Growth 61.7300 4.84 247.79 - 1.51 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 SBI Tax Advantage Fund Series III Direct Growth 30.2650 7.11 18.48 - 0.88 SBI Tax Advantage Fund Series III Regular Growth 29.5066 7.09 18.48 - 1.38 SBI Long Term Advantage Fund Series V Direct - Growth 10.1965 6.61 261.31 - 0.76 SBI Long Term Advantage Fund Series V Regular - Growth 10.0062 6.59 261.31 - 1.36 Sundaram Long Term Tax Advantage Fund Series III Direct - Growth 6.8762 5.50 30.42 - 1.26 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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