New investors should get in via SIP route: Vinay Sharma of ICICI Prudential Banking Fund

THE ECONOMIC TIMES Fri, Jan 05, 2018 | 08:10 AM IST Mutual Funds Newsletter

New investors should get in via SIP route: Vinay Sharma of ICICI Prudential Banking Fund ET.com Mutual Funds spoke to Vinay Sharma, fund manager of the scheme, to find out his outlook on the sector. Tips for first-time investors to make money in ELSS "We are seeing a lot of investors from the 24-30 age group in ELSS. The awareness about mutual funds and the flexibility of the product seem to have attracted a lot of young, first-time investors," says Gaurav Monga. Investors' favourite mutual fund schemes in 2017 Investors fell in love with mutual funds in 2017. The amount of interest is evident from the record inflows attracted by the mutual fund industry. How long can I continue with my existing mutual fund schemes? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Where should my mother invest her Rs 12 lakh? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 4.42 15.23 42.05 16.85 Mirae Asset India Opportunities Fund Direct- Growth 4.64 13.90 38.81 16.36 Invesco India Growth Fund Direct-Growth 4.34 16.83 40.46 15.90 Kotak Select Focus Fund Direct-Growth 3.69 10.36 34.38 15.67 JM Multi Strategy Direct Plan-Growth 5.09 10.54 38.95 15.66 FeaturedDSP BlackRock Liquidity Direct-Growth ★★★★★ 0.55 3.31 6.75 7.60 Start SIP Many close-ended funds to spring up in New Year: Jimmy Patel, MD & CEO, Quantum AMC Jimmy Patel, MD & CEO of Quantum AMC, sums up what happened in the mutual fund industry in 2017 and his outlook for 2018. ​ Where should I invest for my daughter's education? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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 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 UTI M Interval Fund Sr II Ret-D Debt: FMP Open-ended 08 Jan 2018 - UTI Half Yearly Interval Fund Sr II Reg-D Debt: FMP Open-ended 08 Jan 2018 - UTI M Interval Fund Sr II Direct-D Debt: FMP Open-ended 08 Jan 2018 - DSPBR Dual Advantage Ser 29 40M Reg-D Hybrid: Debt-oriented Conservative Closed-end 08 Jan 2018 - UTI Fixed Term Income Sr XXI-I (1100D) Reg-D Debt: FMP Closed-end 09 Jan 2018 - * 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 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 26-12-2017 3828.71 3169.22 659.49 10362.66 10606.88 -244.22 22-12-2017 3051.77 2547.66 504.11 7090.46 9261.73 -2171.27 21-12-2017 3719.87 2707.82 1012.05 7133.78 8333.18 -1199.40 20-12-2017 3717.38 3236.17 481.21 8750.09 8456.12 293.97 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 L&T Infrastructure Fund Direct-Growth 20.1800 2.64 1121.22 - 2.43 L&T Infrastructure Fund-Growth 19.4400 2.59 1121.22 - 2.43 SBI Small & Midcap Direct-Growth 67.8023 2.24 852.83 - 1.36 SBI Small & Midcap Fund-Growth 64.2559 2.22 852.83 - 2.30 Aditya Birla Sun Life Pure Value Direct Fund-Growth 71.7142 1.94 2180.73 - 1.09 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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