Mutual funds hope for budget goodies

THE ECONOMIC TIMES Fri, Jan 27, 2017 | 08:09 AM IST Mutual Funds Newsletter

Mutual funds hope for budget goodies Mutual fund players are hopeful that the finance minister would offer them a few goodies in the forthcoming budget in February. I am planning to invest in ELSS funds to save taxes this year. Please recommend a few funds ELSSs also have a very short lock-in period of three years, much lower than other popular tax-saving options like Public Provident Fund (PPF), National Savings Certificate(NSC), and so on, permitted under Section 80C. Is it time to shift your money from dynamic bond funds? Accrual funds focus on earning interest income from the coupon offered by bonds. In contrast, the duration funds generate returns from interest rate fall. Elders are lapping up debt funds Mutual fund advisors have been getting calls asking about debt mutual funds from elderly investors who have been relying on fixed deposits. I am 60 years old and want to invest my retirement proceeds in mutual funds. Please advise If you have a steady source of income that is more than enough to take care of your living expenses, you can think of investing your entire retirement proceeds as per your various financial goals. Is it time to invest in infrastructure mutual funds? "Infrastructure sector is crucial for any developing economy like India and the sector is bound to perform well in the long run." Things you should not do while investing in an ELSS The best way to save taxes is to invest in ELSS. Here are a few pointers that you need to keep in mind when you are shopping for an ELSS to invest.

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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 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 DSPBR Balanced-D Hybrid: Equity-oriented Open-ended 27 Jan 2017 0.20 Franklin India Bluechip-D Equity: Large Cap Open-ended 27 Jan 2017 3.50 DSPBR Top 100 Equity Reg-D Equity: Large Cap Open-ended 27 Jan 2017 2.10 Franklin India Dynamic PE Ratio FoF-D Hybrid: Asset Allocation Open-ended 27 Jan 2017 0.44 Kotak Tax Saver Reg-D Equity: Tax Planning Open-ended 27 Jan 2017 0.72 * 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 23-01-2017 2176.70 1399.20 777.50 6149.70 6484.00 -334.30 20-01-2017 1765.40 1707.20 58.20 4829.80 2773.90 2055.90 19-01-2017 1820.70 1247.00 573.70 3404.00 1710.00 1694.00 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 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 Motilal Oswal MOSt Focused 25 Fund Direct-Growth 18.5716 3.95 373.88 - 1.51 Birla Sun Life Banking & Financial Services Fund Direct-Growth 21.6500 2.95 779.36 - 1.69 Birla Sun Life Advantage Direct -Growth 354.9600 2.72 1857.45 - 1.10 Axis Long Term Equity Direct Plan-Growth 33.4747 2.65 10509.09 - 1.28 Axis Long Term Equity Fund-Growth 31.9039 2.62 10509.09 - 1.98 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 CPSE Exchange Traded Fund-Growth 27.6874 4.53 1422.04 - 0.07 Invesco India AGILE Tax Fund-Growth 10.7800 4.26 4.37 - 2.87 Reliance Capital Builder Fund II Series A Direct- Growth 10.7660 4.17 451.87 - 2.85 Reliance Capital Builder Fund II Series A- Growth 10.6379 4.16 451.87 - 2.85 DSP BlackRock World Mining Fund Direct Plan-Growth 7.9984 4.13 13.48 - - 1.23 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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