Investors do not understand the concept of risk, say mutual fund advisors

THE ECONOMIC TIMES Fri, May 04, 2018 | 08:12 AM IST Mutual Funds Newsletter

Investors do not understand the concept of risk, say mutual fund advisors According to some mutual fund advisors, most investors do not understand the risk involved in investing in mutual funds. 10.41% returns in one month. Should you invest in IT sector funds? The technology sector funds have returned a phenomenal 10.14 per cent in just one month. HDFC Prudence Fund becomes HDFC Balanced Advantage Fund. Should you sell it? The new scheme is a balanced advantage fund that will dynamically manage its portfolio between equity and debt instruments. Tata Mutual Fund to merge two schemes. Should investors exit? The move is in line with the new Sebi norms for the re-categorisation of mutual funds. HDFC Mutual Fund stops investments in Long Term Advantage Fund The scheme is an Equity-Linked Saving Scheme or a tax-saving mutual fund scheme. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 0.22 -2.57 12.40 16.08 Invesco India Growth Opportunities Fund Direct-Growth 3.48 5.94 23.91 15.86 Kotak Select Focus Fund Direct-Growth 1.97 -0.14 10.59 15.35 Mirae Asset India Equity Fund Direct- Growth 3.01 -0.52 15.70 15.12 JM Multi Strategy Direct Plan-Growth 1.62 -2.78 8.13 14.54 FeaturedDSP BlackRock Liquidity Direct-Growth ★★★★★ 0.56 3.44 6.89 7.43 Start SIP HDFC Balanced Fund merges with Premier Multi-Cap Fund to form Hybrid Equity Fund The new scheme will be a hybrid scheme, investing predominantly in equity and equity-related instruments Why you should delay review of your mutual fund portfolio this April? Most mutual fund investors typically review their portfolio in the beginning of a new financial year.

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 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 SBI Long Term Advantage Fund Series VI Reg-G Equity: Tax Saving Closed-end 11 Apr 10 Jul 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Tata Equity Savings Reg-DM Hybrid: Equity-oriented Open-ended 04 May 2018 0.07 Tata Hybrid Equity Reg-DM Hybrid: Equity-oriented Open-ended 04 May 2018 0.59 Tata Hybrid Equity Direct-DM Hybrid: Equity-oriented Open-ended 04 May 2018 0.59 Tata Equity Savings Direct-DM Hybrid: Equity-oriented Open-ended 04 May 2018 0.07 ICICI Pru Multiple Yield Sr 3 D-D Hybrid: Debt-oriented Conservative Closed-end 04 May 2018 0.04 * 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 26-04-2018 4956.39 4314.40 641.99 11226.50 13008.77 -1782.27 25-04-2018 2794.57 2215.68 578.89 5441.41 8689.87 -3248.46 24-04-2018 2665.46 1934.23 731.23 9175.75 8669.75 506.00 23-04-2018 2567.17 2205.76 361.41 4809.93 5855.85 -1045.92 20-04-2018 3189.49 2991.89 197.60 5192.35 10121.43 -4929.08 19-04-2018 2616.34 1932.24 684.10 3729.56 6880.98 -3151.42 18-04-2018 2590.58 1536.56 1054.02 6181.07 5696.88 484.19 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 Banking and Financial Services Direct Plan-Growth 63.3300 1.72 2715.95 - 1.03 ICICI Prudential Banking and Financial Services-Growth 59.9200 1.70 2715.95 - 2.35 Reliance Large Cap Fund Direct-Growth 34.0608 1.01 7944.48 - 1.13 SBI Banking & Financial Services Fund Direct-Growth 16.1845 0.96 482.30 - 1.25 Franklin Build India Direct Fund-Growth 42.1571 0.75 1214.84 - 1.48 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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