Best mutual funds to invest in 2018

THE ECONOMIC TIMES Fri, Jan 12, 2018 | 08:10 AM IST Mutual Funds Newsletter

Best mutual funds to invest in 2018 New investors are always are confused about creating a mutual fund portfolio. Here is some help. All you wanted to know about Total Return Index or TRI of mutual funds From February 1, mutual fund schemes are mandated by Sebi to use Total Return Index or TRI to benchmark their performance. TRI is necessary for a transparent system in mutual funds: Jimmy Patel, CEO of Quantum MF Mutual fund industry and intermediaries are nervous about the introduction of TRI or Total Return Index from February 1. ET.com Mutual Funds decided to speak to Jimmy Patel, CEO, Quantum Mutual Fund. Best balanced mutual funds to invest in 2018 Are you looking to invest in balanced schemes, but not sure which one to pick? Here are our recommended schemes. Debt mutual fund schemes are giving negative returns. Should you worry? Gilt funds are returning negative returns in one-, three- and six-month periods. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 4.22 14.89 38.24 18.12 Mirae Asset India Opportunities Fund Direct- Growth 3.72 13.44 36.30 17.24 Invesco India Growth Fund Direct-Growth 4.07 15.50 40.44 16.82 JM Multi Strategy Direct Plan-Growth 3.14 10.09 35.32 16.59 Mirae Asset India Opportunities Fund Regular- Growth 3.65 13.04 35.32 16.34 FeaturedDSP BlackRock Top 100 Equity Direct Plan-Growth ★★★★★ 3.56 7.97 23.73 10.10 Start SIP Why mutual fund investors should be worried about over-diversification Many new mutual fund investors are getting to know the perils of over-diversification these days. Should you invest in NPS or ELSS? An ELSS is a mutual fund scheme that qualifies for tax deduction under Section 80C of the income Tax Act while NPS allows to claim tax deduction under Section 80CCD(1).

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New Fund Offers Fund Name Category Type Open Close Min Inv UTI Long Term Advantage Fund - Series VI Direct-D Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Reg-D Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Direct-G Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Reg-G Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 BOI AXA Midcap Tax Fund Series 1 Direct-D Equity: Tax Saving Closed-end 10 Nov 09 Feb 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Bluechip-D Equity: Large Cap Open-ended 12 Jan 2018 4.00 Reliance Vision-D Equity: Large Cap Open-ended 12 Jan 2018 5.25 Invesco India Tax Plan-D Equity: Tax Saving Open-ended 12 Jan 2018 2.20 Reliance Vision Inst-D Equity: Large Cap Open-ended 12 Jan 2018 34.00 Franklin India Bluechip Direct-D Equity: Large Cap Open-ended 12 Jan 2018 4.00 * 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 10-01-2018 2303.68 1578.39 725.29 2790.78 6557.38 -3766.60 09-01-2018 3229.71 2372.83 856.88 5089.55 4753.80 335.75 08-01-2018 2786.34 2425.67 360.67 6408.14 6138.33 269.81 05-01-2018 3107.63 2574.67 532.96 11801.46 5160.93 6640.53 29-12-2017 3577.02 2368.51 1208.51 11411.96 9550.11 1861.85 28-12-2017 4880.25 5270.14 -389.89 8346.24 10181.36 -1835.12 27-12-2017 2323.06 2085.69 237.37 9614.30 10640.21 -1025.91 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 ICICI Prudential Nifty Next 50 Index Direct-Growth 28.6058 2.36 124.86 - 0.42 Aditya Birla Sun Life Pure Value Direct Fund-Growth 73.2501 2.14 2180.73 - 1.07 Aditya Birla Sun Life Banking & Financial Services Fund Direct-Growth 29.7300 2.06 1517.75 - 1.14 Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth 28.6100 2.03 1517.75 - 2.44 Invesco India Growth Fund Direct-Growth 35.8400 1.99 237.72 - 1.08 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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