All you need to know about unclaimed money in mutual funds

THE ECONOMIC TIMES Fri, Nov 24, 2017 | 08:10 AM IST Mutual Funds Newsletter

All you need to know about unclaimed money in mutual funds When an investor fails to encash a redemption or dividend cheque before it becomes invalid, the amount is categorised as unclaimed. Are your debt mutual fund investments in trouble? Debt mutual fund investors are a worried lot these days. The recent spike in bond yields have suddenly woken them up to the risks involved in investing in debt mutual fund schemes. 44% equity mutual fund schemes fail to beat their benchmark Around 44 per cent of the open-ended diversified equity mutual fund schemes failed to beat their benchmark in the last year. Worried about investments in long-term debt funds? Listen to these advisors Many debt mutual fund investors are a bit worried these days, ever since the news of bond yields going up started doing the rounds. Think twice before switching to equity because of falling debt mutual fund returns As per some mutual fund advisors, many conservative debt investors are shifting their money to equity mutual funds because of falling returns in debt MFs. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 3.13 15.72 37.95 15.98 Invesco India Growth Fund Direct-Growth 2.45 17.16 40.51 15.22 Mirae Asset India Opportunities Fund Regular- Growth 3.07 15.33 36.97 15.08 SBI Bluechip Direct Plan-Growth 2.54 12.09 29.12 14.11 Motilal Oswal MOSt Focused 25 Fund Direct-Growth 1.21 8.32 29.59 13.67 FeaturedDSP BlackRock Constant Maturity 10Y G-Sec Fund Direct-Growth ★★★★★ -0.74 1.62 2.79 9.61 Start SIP Rising yields: Which mutual fund schemes will be hit the most? Even some hybrid schemes will also be hit, depending on the proportion of debt in their portfolios and the average maturity of the debt papers held. Moody's rating upgrade unlikely to have a major impact, say mutual fund managers Many mutual fund managers believe Moody's rating upgrade has come at a right time for the market.

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 Indiabulls Tax Savings Fund Direct-D Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Direct-G Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Reg-G Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Reg-D Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 UTI Long Term Advantage Fund - Series VI Direct-D Equity: Tax Saving Closed-end 05 Oct 05 Jan 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Aditya Birla SL Tax Relief 96-D Equity: Tax Saving Open-ended 24 Nov 2017 17.10 Aditya Birla SL Balanced Advantage-D Hybrid: Asset Allocation Open-ended 24 Nov 2017 0.11 Canara Robeco Emerging Equities Reg-D Equity: Mid Cap Open-ended 24 Nov 2017 2.50 L&T India Spl Situations-D Equity: Multi Cap Open-ended 24 Nov 2017 0.22 Reliance Top 200 Retail-D Equity: Large Cap Open-ended 24 Nov 2017 0.17 * 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 10-11-2017 4622.95 2297.02 2325.93 8528.07 5660.72 2867.35 09-11-2017 2502.07 2172.72 329.35 9473.38 4116.66 5356.72 08-11-2017 5255.80 2551.00 2704.80 7308.86 4654.93 2653.93 07-11-2017 2733.49 4093.00 -1359.51 7504.98 4695.11 2809.87 06-11-2017 2855.91 2710.97 144.94 12412.66 7424.51 4988.15 03-11-2017 2555.52 2381.63 173.89 7894.34 4427.92 3466.42 02-11-2017 2787.86 3143.57 -355.71 6940.46 4398.00 2542.46 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 60.5408 4.23 730.50 - 1.37 SBI Small & Midcap Fund-Growth 57.4378 4.21 730.50 - 2.33 Tata India Tax Savings Fund Direct-Growth 18.3340 3.15 784.51 - 1.47 Aditya Birla Sun Life Pure Value Direct Fund-Growth 67.4172 3.15 1540.35 - 1.11 Tata India Tax Savings Fund-Growth 17.6359 3.13 784.51 - 2.46 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 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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