26 largecap schemes are underperforming their benchmark

THE ECONOMIC TIMES Fri, Jun 29, 2018 | 08:10 AM IST Mutual Funds Newsletter

26 largecap schemes are underperforming their benchmark Most largecap mutual fund schemes failed to match the benchmark index and their own benchmarks. Re-categorisation is over. Is it time to start exiting unsuitable mutual fund schemes? Mutual fund houses are done with the process of the re-categorisation and rationalisation of schemes. Stuck in mid-, small-cap, and infra schemes? Here is help Yes, many mid- and small-cap schemes have lost heavily because of the correction in the mid and smallcap stocks. According to investment experts, the pain is going to last for some more time. Tata Balanced Fund offers 2.65% in one year. Is it time to sell? Tata Balanced Fund, now known as Tata Hybrid Equity Fund, has offered only 2.65 per cent in the last one year. 17 midcap mutual fund schemes outperform their benchmark 17 out of 21 midcap schemes have outperformed their respective benchmarks. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -4.18 -5.50 9.45 13.18 ICICI Prudential Nifty Next 50 Index Direct-Growth -5.67 -9.52 6.86 12.94 Axis Bluechip Fund Direct Plan-Growth 1.20 7.27 22.61 12.82 IDBI Nifty Junior Index Fund Direct-Growth -5.57 -9.76 6.27 12.63 ICICI Prudential Nifty Next 50 Index Fund-Growth -5.70 -9.69 6.44 12.44 FeaturedDSP BlackRock Focus Direct Plan-Growth ★★★★★ -3.19 -5.36 7.06 8.08 Start SIP Did your mutual fund schemes `actually' change after re-categorisation? Many investors are worked up about the re-categorisation of some of the schemes they are investing and are considering getting out of those schemes. Where to find info on TER and changes in mutual fund schemes? Visit Cams KRA (https://www.camsonline.com/Downloads/schemename.pdf). It provides information of 15 AMCs serviced by it in a pdf file. Karvy KRA (https://www.karvymfs.com/karvy/amc_schememergers.aspx) provides information of 18 AMCs serviced by it. Or, visit the website of your mutual fund house for information on particular schemes.

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 VI Reg-G Equity: ELSS Closed-end 11 Apr 10 Jul 500.00 SBI Long Term Advantage Fund Series VI Reg-D Equity: ELSS Closed-end 11 Apr 10 Jul 500.00 SBI Long Term Advantage Fund Series VI Direct-G Equity: ELSS Closed-end 11 Apr 10 Jul 500.00 SBI Long Term Advantage Fund Series VI Direct-D Equity: ELSS Closed-end 11 Apr 10 Jul 500.00 Essel Multi Cap Fund Direct-DQ Equity: Multi Cap Open-ended 18 Jun 02 Jul 1000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit BOI AXA Capital Protection Oriented Sr 3 Reg-D Hybrid: Debt-oriented Conservative Closed-end 29 Jun 2018 - BOI AXA Capital Protection Oriented Sr 3 Direct-D Hybrid: Debt-oriented Conservative Closed-end 29 Jun 2018 - Aditya Birla SL Equity Hybrid '95-D Hybrid: Aggressive Hybrid Open-ended 29 Jun 2018 2.52 Aditya Birla SL Dynamic Bond Ret-DQ Debt: Dynamic Bond Open-ended 29 Jun 2018 0.00 SBI Arbitrage Opportunities-D Hybrid: Arbitrage Open-ended 29 Jun 2018 0.05 * 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 21-06-2018 2393.61 1777.28 616.33 12333.06 8109.12 4223.94 20-06-2018 2572.62 1332.11 1240.51 9432.86 7900.49 1532.37 19-06-2018 2365.72 1876.09 489.63 8920.52 8267.56 652.96 18-06-2018 1973.16 1589.04 384.12 8657.22 8593.88 63.34 15-06-2018 3177.17 3176.04 1.13 7965.12 6132.23 1832.89 14-06-2018 2061.41 1653.38 408.03 10726.65 9320.71 1405.94 13-06-2018 2597.51 2822.09 -224.58 5273.75 3147.93 2125.82 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 Indiabulls Arbitrage Fund Direct-Growth 12.9330 0.26 626.76 - 0.50 Indiabulls Arbitrage Fund Regular-Growth 12.6593 0.25 626.76 - 1.00 HDFC Gold Direct Plan-Growth 10.2398 0.16 220.97 - - 0.05 UTI Banking & PSU Debt Fund Regular-Growth 14.3375 0.16 1192.58 - - 0.30 UTI Banking & PSU Debt Fund Direct-Growth 14.4023 0.16 1192.58 - - 0.21 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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