MF Portfolio Doctor: Reduce number of funds to consolidate portfolio

THE ECONOMIC TIMES Fri, Jan 20, 2017 | 08:13 AM IST Mutual Funds Newsletter

MF Portfolio Doctor: Reduce number of funds to consolidate portfolio Portfolio Doctor will help you analyse the performance of your mutual funds and their suitability for your financial goals. Learn with ET Mutual Funds: How to calculate capital gains tax Capital gains are profits that an investor has made from selling asset like stocks and real estate.It is differentiated as long-term and short-term for taxation purposes. Tax saving: Recycling your ELSS investments is a very bad idea Recycling means redeeming ELSS investments made earlier after the mandatory lock-in period and investing and claiming tax deductions on them again. MF queries answered by Manoj Nagpal, CEO, Outlook Asia Capital Every week, an expert selected by ET answers queries from our readers on mutual funds. DeMo effect: Advisors flooded with queries about mutual funds Investors are increasingly getting concerned about keeping their surplus funds in savings bank accounts after the high value currency recall. Fund review: Mirae Asset India Opportunities Fund The scheme has bought in companies which were available at attractive valuations after falling due to the negative impact of the government's demonetisation drive. Tax Saving: Why you should say no to insurance and stick to ELSS Investing just for the sake of saving taxes is a futile exercise. Tax-saving investment should always match your investment goal.

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 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 V Reg-D Equity: Tax Planning Closed-end 22 Dec 22 Mar 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Tata Equity Opportunities Reg-D Equity: Multi Cap Open-ended 20 Jan 2017 2.50 Franklin India Taxshield-D Equity: Tax Planning Open-ended 20 Jan 2017 3.50 Reliance Media & Entertainment-D Equity: Others Open-ended 20 Jan 2017 2.25 Reliance NRI Equity-D Equity: Large Cap Open-ended 20 Jan 2017 2.50 ICICI Pru Focused Bluechip Equity-D Equity: Large Cap Open-ended 20 Jan 2017 2.00 * 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 18-01-2017 1968.40 1790.60 177.80 5293.80 2671.50 2622.30 17-01-2017 1558.10 2088.90 -530.80 2248.00 2891.40 -643.40 16-01-2017 1675.60 1537.00 138.60 2438.30 1640.50 797.80 13-01-2017 1689.30 1791.10 -101.80 2000.20 2260.50 -260.30 12-01-2017 1864.10 1556.90 307.20 5395.40 3156.00 2239.40 11-01-2017 3136.60 2088.30 1048.30 3922.20 3881.00 41.20 10-01-2017 1748.40 1541.80 206.60 4556.60 4020.40 536.20 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 Birla Sun Life Banking & Financial Services Fund Direct-Growth 21.0500 1.94 779.36 - 1.69 ICICI Prudential Banking and Financial Services Direct Plan-Growth 46.6000 1.79 1185.94 - 1.16 Franklin India Prima Direct Fund-Growth 799.8342 1.78 4586.98 - 1.32 Franklin India Smaller Companies Direct Fund-Growth 48.8084 1.66 4029.43 - 1.14 Mirae Asset Emerging Bluechip Fund Direct-Growth 39.1540 1.36 2906.88 - 1.60 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 HSBC Midcap Equity Fund Direct-Growth 45.8828 3.20 383.15 - 1.81 HSBC Midcap Equity Fund-Growth 44.5156 3.18 383.15 - 2.51 ICICI Prudential FMCG Direct-Growth 174.6400 2.97 269.95 - 1.95 ICICI Prudential FMCG Fund-Growth 169.9600 2.96 269.95 - 2.62 Escorts Power & Energy Fund-Growth 20.8570 2.91 0.72 - 2.50 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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