Small cap is a space where you buy in panic and wait for bull market to sell: Samir Rachh of Nippon MF

THE ECONOMIC TIMES Fri, Apr 10, 2020 | 08:14 AM IST Mutual Funds Newsletter

Small cap is a space where you buy in panic and wait for bull market to sell: Samir Rachh of Nippon MF Spoke to Samir Rachh, fund manager – equity investments, Nippon India Mutual Fund, to find out what exactly is going on in the small cap space. Large caps should be initial beneficiaries, say Ravi Gopalakrishnan of Principal MF The spread of the Covid-19 virus and the meltdown in oil prices. Both these factors have affected the market sentiment and contributed to the high volatility. Are mutual fund investors getting adventurous? Some advisors think so We talked to some financial planners and mutual fund distributors to find out whether they also face similar queries every day. Indeed, they do. Macroeconomic backdrop increasingly favourable for gold, says Chirag Mehta of Quantum MF Gold surprised market participants in March by moving in tandem with equities, when it was expected to do the opposite. When there is a sharp fall in asset markets, you can only sell what is liquid, profitable and has low impact cost. Your debt mutual fund portfolio in the age of coronavirus The nation and large parts of the world are under lockdown, with the full extent of economic consequences unknown. So, what steps should investors take to protect their debt fund portfolio from being 'infected' by the virus? Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 10.16 -3.66 -11.17 -10.71 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.69 -4.81 -11.67 -10.82 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 5.88 -6.12 -9.37 -9.71 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 4.65 -7.30 -9.97 -9.79 Invest Now Motilal Oswal Focused 25 Fund Direct-Growth ★★★★★ 2.71 -6.47 -11.56 -10.21 Invest Now FeaturedAxis Long Term Equity Direct Plan-Growth ★★★★★ 6.13 -7.63 -12.64 -14.56 Invest Now Is it time for you to play it safe and bet on large cap mutual funds? "Large caps have an edge above their small and mid cap peers at the moment. Some very good big businesses are available at a discount. That's why large caps might be well placed to participate in a rally, says Rupesh Patel, Fund manager, Tata Mutual Fund. Can you always make money by investing in a falling market? At present, those who have existing investment in equities are staring at the value of their investments going down significantly and few have reached a stage where the return from equity investment is negative.

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

Weekly Mutual Funds Activity Date Equity ( Cr.) Debt ( Cr.) Gross Purchase Gross Sale Net Pur./Sale Gross Purchase Gross Sale Net Pur./Sale 07-04-2020 542.49 534.03 8.46 1136.44 1061.50 74.94 03-04-2020 2537.59 2803.77 -266.18 10722.42 6356.01 4366.41 01-04-2020 1678.31 2520.35 -842.04 0.22 0.12 0.10 31-03-2020 5463.78 2325.59 3138.19 8940.99 10419.04 -1478.05 30-03-2020 5218.91 2362.24 2856.67 11477.73 12005.22 -527.49 27-03-2020 4477.62 3182.15 1295.47 8814.00 8163.26 650.74 26-03-2020 6360.25 9197.67 -2837.42 8449.75 16292.48 -7842.73 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 Invesco India Contra Fund-Growth 39.1200 11.10 4531.95 - 1.93 Invesco India Contra Fund Direct-Growth 43.0300 11.10 4531.95 - 0.86 Motilal Oswal Focused 25 Fund Direct-Growth 21.8012 10.33 1185.09 - 0.90 Motilal Oswal Focused 25 Fund Regular-Growth 19.8509 10.30 1185.09 - 2.20 Mirae Asset Large Cap Fund Direct- Growth 44.0980 10.06 16390.50 - 0.57 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 Quant Tax Plan Direct-Growth 79.5785 13.99 9.55 - 0.57 Quant Tax Plan-Growth 77.1083 13.95 9.55 - 2.48 UTI Long Term Advantage Fund - Series VI Direct - Growth 6.6437 12.59 336.78 - 1.25 UTI Long Term Advantage Fund - Series VI Regular - Growth 6.4288 12.58 336.78 - 1.25 UTI Long Term Advantage Fund - Series VII Direct - Growth 6.9590 12.31 222.77 - 1.25 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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