We have done all that we said we would do: Ajit Dayal, outgoing director of Quantum AMC

THE ECONOMIC TIMES Fri, Sep 08, 2017 | 08:13 AM IST Mutual Funds Newsletter

We have done all that we said we would do: Ajit Dayal, outgoing director of Quantum AMC After steering Quantum AMC successfully for 12 years, Ajit Dayal is leaving the company. ET.com Mutual Funds caught up with Dayal and he shared his thoughts on his journey so far. Concentrated investing done successfully is tough: Gautam Sinha Roy of Motilal Oswal AMC Their prices at any point of time are driven to a large extent by "sentiments" of the hordes trading in them, says Gautam Sinha Roy. Stock market headed for a correction, say mutual fund advisors As the stock market is hit by volatility, MF advisors are sending mailers to their clients to prepare them for a correction and underscoring the dos and don'ts in a falling market. Sector funds: Who are they for? We define sector funds as funds which have a specific mandate to invest in a particular sector as defined by their investment objective. Are you resisting rebalancing your mutual fund portfolio? Advisors are reiterating the importance of asset allocation and maintaining the balance among the different asset classes to their clients. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Motilal Oswal MOSt Focused 25 Fund Direct-Growth 0.54 18.84 21.54 16.96 Mirae Asset India Opportunities Fund Direct- Growth -0.32 16.67 20.81 16.53 Invesco India Growth Fund Direct-Growth 0.56 18.49 20.07 16.34 Mirae Asset India Opportunities Fund Regular- Growth -0.37 16.25 19.92 15.61 SBI Bluechip Direct Plan-Growth -0.63 14.07 14.18 15.51 FeaturedDSP BlackRock Balanced Direct-Growth ★★★★★ 0.31 12.32 13.07 15.49 Start SIP Financial planning made easy Financial planning helps to create and maintain the equilibrium between the money earned and/or inherited and the money spent, invested and willed-away. A five minute guide to SIP or Systematic Investment Plan An SIP allows an investor to invest a fixed amount regularly in a mutual fund scheme, typically an equity mutual fund scheme.

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 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-G Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-D Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-G Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-D Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 ICICI Pru Value Fund - Series 17 Direct-D Equity: Small Cap Closed-end 29 Aug 12 Sep 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Tata Balanced Reg-D Hybrid: Equity-oriented Open-ended 08 Sep 2017 0.46 Tata Regular Saving Equity Reg-D Hybrid: Equity-oriented Open-ended 08 Sep 2017 0.08 Tata Balanced Direct-D Hybrid: Equity-oriented Open-ended 08 Sep 2017 0.46 Tata Regular Saving Equity Direct-D Hybrid: Equity-oriented Open-ended 08 Sep 2017 0.08 SBI Fixed Interval Debt Series 90 Days 1 Reg-D Debt: FMP Open-ended 08 Sep 2017 - * 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 05-09-2017 1711.19 1326.26 384.93 7329.54 5471.64 1857.90 31-08-2017 3448.82 2729.64 719.18 8124.87 5034.31 3090.56 30-08-2017 1711.54 1145.50 566.04 4274.82 3362.12 912.70 29-08-2017 2613.60 984.28 1629.32 5353.65 2710.47 2643.18 28-08-2017 1438.05 917.77 520.28 3418.34 3188.08 230.26 23-08-2017 2060.84 1057.67 1003.17 4556.96 2776.86 1780.10 22-08-2017 1951.21 1405.44 545.77 5798.57 5170.71 627.86 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 & Midcap Direct-Growth 50.4790 2.71 704.78 - 1.41 Tata Retirement Savings Fund Moderate Plan Direct-Growth 30.4763 2.48 123.71 - 1.96 Tata Retirement Savings Fund Moderate Plan Regular-Growth 28.5870 2.46 123.71 - 2.82 Aditya Birla Sun Life Banking & Financial Services Fund Direct-Growth 29.2100 2.38 1121.50 - 1.19 Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth 28.2300 2.36 1121.50 - 2.49 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 Invesco India AGILE Tax Fund-Growth 12.6600 2.76 4.63 - 2.88 Tata India Tax Savings Fund Direct-Growth 17.6026 2.31 667.45 - 1.46 Tata India Tax Savings Fund-Growth 16.9799 2.29 667.45 - 2.53 SBI Tax Advantage Fund Series II- Growth 33.8055 2.20 30.11 - 3.09 BOI AXA Tax Advantage Direct-Growth 53.8700 2.16 82.84 - 1.78 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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