Investors flock to equity-linked savings schemes in search of better returns

THE ECONOMIC TIMES Fri, Dec 23, 2016 | 08:10 AM IST Mutual Funds Newsletter

Investors flock to equity-linked savings schemes in search of better returns These schemes delivered 17% and 16% over a 5and 10-year period respectively , which is higher than fixed income investments in the tax saving category. Individual wealth in equity funds rose by 11.84 per cent in 2016 The proportion of individual wealth share which was 3.44 per cent in 2015 has increased to 3.63 per cent this year. UTI mutual fund confident of IPO in H2 of '17; to use proceeds for buyouts The IPO will allow partial exit for the nation's oldest fund house's four sponsors - SBI, LIC, BoB and PNB - which own 18.5 per cent each in it.

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New Fund Offers Fund Name Category Type Open Close Min Inv Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Reg-G Equity: Tax Planning Closed-end 27 Sep 20 Mar 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Reg-D Equity: Tax Planning Closed-end 27 Sep 20 Mar 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct-D Equity: Tax Planning Closed-end 27 Sep 20 Mar 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct-G Equity: Tax Planning Closed-end 27 Sep 20 Mar 500.00 UTI Long Term Advantage Fund - Series IV Reg-D Equity: Tax Planning Closed-end 10 Oct 18 Jan 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Reliance Tax Saver-D Equity: Tax Planning Open-ended 23 Dec 2016 0.45 Reliance Tax Saver Direct-D Equity: Tax Planning Open-ended 23 Dec 2016 0.45 Kotak Balance Reg-D Hybrid: Equity-oriented Open-ended 26 Dec 2016 0.10 HSBC Income Investment-DQ Debt: Income Open-ended 26 Dec 2016 0.17 HSBC MIP-DQ Hybrid: Debt-oriented Conservative Open-ended 26 Dec 2016 0.21 * 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 21-12-2016 1731.10 646.20 1084.90 3996.60 4247.70 -251.10 20-12-2016 1426.40 883.90 542.50 5869.00 6512.90 -643.90 19-12-2016 1081.60 597.10 484.50 3568.00 2039.50 1528.50 16-12-2016 1805.70 1515.80 289.90 4978.50 5076.90 -98.40 15-12-2016 1537.40 1599.10 -61.70 6008.70 5414.70 594.00 14-12-2016 1334.90 993.30 341.60 5034.40 5103.90 -69.50 13-12-2016 1065.00 1909.60 -844.60 7246.80 5527.80 1719.00 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 Taurus Ultra Short Term Bond Fund Super Institutional Direct-Growth 1949.8319 0.15 155.06 - - 0.28 Indiabulls Short Term Fund Direct-Growth 1384.0407 0.14 732.74 - - 0.50 JM Floater Fund Long Term Plan Direct-Growth 24.9903 0.14 154.72 - - 0.51 DHFL Pramerica Low Duration Fund Direct Plan-Growth 22.2247 0.14 1035.87 - - 0.62 Escorts Liquid Direct Plan-Growth 25.0781 0.14 234.23 - - 0.80 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 Reliance Equity Opportunities Fund Institutional-Growth 18.3195 2.19 10903.80 - 1.98 DSP BlackRock World Gold Fund Direct Plan-Growth 11.1674 1.36 375.14 - - 1.38 DSP BlackRock World Gold Fund Regular Plan-Growth 10.9781 1.35 375.14 - - 1.89 HSBC Brazil Direct Plan- Growth 6.4113 1.31 29.80 - - 1.99 HSBC Brazil Fund- Growth 6.2310 1.30 29.80 - - 2.69 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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