Some debt mutual funds are offering 50% annualised returns. Should you invest?

THE ECONOMIC TIMES Fri, Apr 13, 2018 | 08:10 AM IST Mutual Funds Newsletter

Some debt mutual funds are offering 50% annualised returns. Should you invest? Many income funds are showing double-digit annualised one-month returns as high as 57 per cent. Here's how your equity mutual fund schemes look after Sebi recategorisation Sebi's new re-categorisation norm might change the way your equity mutual funds are defined. Sebi has defined 10 categories of schemes according to where and how these schemes will invest. Let's take a look. These equity mutual fund schemes are offering dividends as high as 40% Several equity mutual funds have recently declared dividends of 30-40 per cent. All you need to know about new equity mutual fund categories Sebi's new norms for the re-categorization and rationalization of mutual fund schemes may result in some changes in the way some schemes are defined. All you need to know about new hybrid mutual fund categories According to the new Sebi norms on recategorisation of mutual fund schemes, there will be six categories of hybrid funds. Earlier, there were mainly two kinds of hybrid funds: equity-oriented or debt-oriented hybrid funds. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 2.85 -1.11 15.15 14.35 Kotak Select Focus Fund Direct-Growth 1.95 2.81 13.40 12.88 Invesco India Growth Fund Direct-Growth 3.92 8.36 25.20 12.85 JM Multi Strategy Direct Plan-Growth 1.73 -1.06 11.59 12.24 Mirae Asset India Equity Fund Direct- Growth 0.63 2.39 16.39 12.15 FeaturedDSP BlackRock Equity Savings Fund Direct-Growth ★★★★★ 1.18 3.07 9.75 NaN Start SIP Child and retirement plans to have 5-year lock-in period. Should you stay away from them? Sebi's new categorisation and rationalisation of mutual funds has created a new basket of equity mutual fund schemes: solution-oriented schemes. Should you reinvest ELSS money every three years to claim tax breaks? Some retail investors like to reinvest their money in Equity Linked Saving Schemes (ELSS) every three years to claim tax benefits under Section 80C.

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New Fund Offers Fund Name Category Type Open Close Min Inv Sundaram Long Term Tax Advantage Fund Series IV Direct-D Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Direct-G Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Reg-D Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Reg-G Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 UTI Capital Protection Oriented Scheme Series X-II (1134 Days) Direct-D Hybrid: Debt-oriented Conservative Closed-end 02 Apr 16 Apr 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit UTI SPrEAD-D Hybrid: Arbitrage Open-ended 16 Apr 2018 0.06 UTI M Interval Fund Sr 1 Ret-D Debt: FMP Open-ended 16 Apr 2018 - UTI M Interval Fund Sr 1 Inst-D Debt: FMP Open-ended 16 Apr 2018 - UTI Q Interval Fund Sr IV Reg-D Debt: FMP Open-ended 16 Apr 2018 - UTI SPrEAD Direct-D Hybrid: Arbitrage Open-ended 16 Apr 2018 0.06 * 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 11-04-2018 107.17 113.58 -6.41 1489.61 1549.15 -59.54 05-04-2018 3631.21 2647.38 983.83 15933.86 9066.76 6867.10 04-04-2018 2373.47 2846.38 -472.91 20611.00 9271.59 11339.41 03-04-2018 2359.62 1693.01 666.61 15109.66 5764.80 9344.86 02-04-2018 2274.88 1568.04 706.84 52.37 69.74 -17.37 28-03-2018 7646.07 5928.96 1717.11 18888.71 20501.61 -1612.90 27-03-2018 4202.86 1967.47 2235.39 23068.53 13947.72 9120.81 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 61.7648 1.93 873.82 - 1.39 SBI Small & Midcap Fund-Growth 58.3711 1.91 873.82 - 2.30 SBI Banking & Financial Services Fund Direct-Growth 16.0970 1.84 482.30 - 1.62 Axis Long Term Equity Direct Plan-Growth 45.1019 1.78 16115.53 - 1.07 Invesco India Growth Fund Direct-Growth 36.0200 1.75 319.74 - 1.10 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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