Should you invest in newly-created mutual fund categories?

THE ECONOMIC TIMES Fri, Jul 06, 2018 | 08:13 AM IST Mutual Funds Newsletter

Should you invest in newly-created mutual fund categories? The re-categorisation of mutual funds has led to the formation of many new fund categories. What is an emergency fund? An emergency fund or a contingency fund helps you to take care of a large unforeseen expense. For example, a sudden hospitalisation of a parent. You may be forced to borrow from friends or relatives or break your bank fixed deposits to take care of the expenses. Tone down your return expectations from largecap mutual funds, say advisors Advisors are asking investors to expect only a moderate return from largecap schemes. Investing in largecap mutual funds? Shift to multicap schemes, say advisors The recent underperformance of largecap mutual fund schemes has dampened the sentiments of investors seeking higher alpha from these schemes. Be happy with lower returns from your mutual funds, say advisors Mutual fund advisors say investors should learn to live with lower returns from their mutual fund investments in future. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 0.26 -4.50 10.53 14.32 Axis Bluechip Fund Direct Plan-Growth 4.13 8.86 23.78 13.13 JM Core 11 Fund-Growth 0.19 -4.89 9.63 12.70 ICICI Prudential Nifty Next 50 Index Direct-Growth -1.41 -11.34 4.92 12.42 IDBI Nifty Junior Index Fund Direct-Growth -1.33 -11.66 4.31 12.10 FeaturedDSP BlackRock Midcap Direct Plan-Growth ★★★★★ -1.90 -10.61 3.35 14.00 Start SIP Does it make more sense to invest in index mutual funds after re-categorisation? Is India moving towards index mutual funds? Many mutual fund advisors believe so. What is a balanced scheme? Well, many mutual fund participants used to refer to equity-oriented hybrid schemes as balanced schemes. There was nothing balanced about these schemes. They used to invest a minimum of 65 per cent in equity and the rest in debt instruments.

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 Tata Value Fund Series 1 Reg-G Equity: Value Oriented Closed-end 22 Jun 06 Jul 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit SBI Equity Hybrid-D Hybrid: Aggressive Hybrid Open-ended 06 Jul 2018 0.46 SBI Equity Hybrid Direct-D Hybrid: Aggressive Hybrid Open-ended 06 Jul 2018 0.66 UTI Value Opportunities Reg-D Equity: Value Oriented Open-ended 09 Jul 2018 1.06 UTI Value Opportunities Direct-D Equity: Value Oriented Open-ended 09 Jul 2018 1.06 ICICI Pru Balanced Advantage-DM Hybrid: Dynamic Asset Allocation Open-ended 10 Jul 2018 0.10 * 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 29-06-2018 3908.73 1556.19 2352.54 8874.98 7657.53 1217.45 28-06-2018 2322.10 2390.94 -68.84 8617.01 7933.32 683.69 27-06-2018 2551.30 2549.69 1.61 8795.75 8190.83 604.92 26-06-2018 2460.16 2465.75 -5.59 8802.70 7024.84 1777.86 25-06-2018 1956.45 2291.44 -334.99 5520.12 2897.02 2623.10 22-06-2018 3076.27 1911.64 1164.63 8335.41 5116.29 3219.12 21-06-2018 2393.61 1777.28 616.33 12333.06 8109.12 4223.94 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 JM Core 11 Direct Plan-Growth 9.1438 2.73 34.93 - 2.92 JM Core 11 Fund-Growth 8.5847 2.71 34.93 - 2.92 L&T Infrastructure Fund Direct-Growth 16.8700 2.49 2034.40 - 1.49 L&T Infrastructure Fund-Growth 16.1800 2.47 2034.40 - 2.09 Axis Long Term Equity Direct Plan-Growth 46.5507 2.37 17097.14 - 1.07 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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