How mutual funds score over ULIPs, despite new LTCG tax

THE ECONOMIC TIMES Fri, Mar 09, 2018 | 08:10 AM IST Mutual Funds Newsletter

How mutual funds score over ULIPs, despite new LTCG tax Recently, we came across a person who was mis-sold a ULIP. Yes, mis-selling of ULIPs still continues. Mutual fund investors spooked by recent market correction According to these advisors, investors are spooked about the fall in returns after the recent correction in the market. Why it makes sense to invest in FMPs before April 1? Mutual fund advisors are busy recommending three-year fixed maturity plans (FMPs) offered by asset management companies to investors. Best mutual fund schemes for a student If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. IT funds gave 30.57 per cent returns in one year. Should you invest? The technology sector funds seem to be back to life after two years of massive underperformance. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -3.24 -3.18 19.56 12.58 Kotak Select Focus Fund Direct-Growth -2.88 0.17 16.51 11.44 Mirae Asset India Equity Fund Direct- Growth -3.71 1.70 19.31 11.35 Invesco India Growth Fund Direct-Growth -1.52 5.59 25.66 11.06 Mirae Asset India Equity Fund Regular- Growth -3.76 1.34 18.47 10.50 FeaturedDSP BlackRock Opportunities Direct Plan-Growth ★★★★★ -4.01 1.88 17.63 12.78 Start SIP Mutual fund investors disappointed with dynamic bond funds Debt mutual fund investors are disappointed by the lower returns generated by their investments in dynamic bond funds over the last one year. Investing Rs 1 lakh to create a corpus of Rs 1 crore 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 SBI Long Term Advantage Fund Series V Reg-G Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Reg-D Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Direct-D Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Direct-G Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 UTI Long Term Advantage Fund - Series VII Direct-D Equity: Tax Saving Closed-end 21 Dec 21 Mar 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit ICICI Pru Top 100-D Equity: Multi Cap Open-ended 09 Mar 2018 2.00 Franklin India Prima-D Equity: Mid Cap Open-ended 09 Mar 2018 6.50 SBI Emerging Businesses-D Equity: Mid Cap Open-ended 09 Mar 2018 2.70 SBI Contra-D Equity: Multi Cap Open-ended 09 Mar 2018 2.30 SBI Magnum Multiplier-D Equity: Multi Cap Open-ended 09 Mar 2018 11.00 * 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 07-03-2018 211.89 117.66 94.23 354.00 144.21 209.79 06-03-2018 2279.56 2725.45 -445.89 7789.43 6270.93 1518.50 05-03-2018 2298.01 2473.82 -175.81 7990.69 7413.87 576.82 01-03-2018 2415.65 2578.18 -162.53 11006.55 7694.10 3312.45 28-02-2018 4044.77 2205.83 1838.94 10019.33 9224.17 795.16 27-02-2018 2862.99 1781.61 1081.38 12116.16 5799.24 6316.92 26-02-2018 3248.05 1574.72 1673.33 8942.59 5140.37 3802.22 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 Quantum Dynamic Bond Fund Direct-Growth 12.7927 0.59 88.62 - - 0.59 Canara Robeco Gilt PGS Direct - Growth 47.8198 0.55 71.45 - - 0.65 Reliance Gilt Securities Fund Direct-Growth 23.5703 0.54 1568.34 - - 0.59 Reliance Gilt Securities Fund Direct Defined Maturity Date-Growth 23.6332 0.54 1568.34 - - 0.59 SBI Magnum Gilt Fund Long-term Direct-Growth 38.3309 0.51 3130.56 - - 0.43 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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