These ELSSs will help you to save taxes and get rich

THE ECONOMIC TIMES Fri, Apr 28, 2017 | 08:13 AM IST Mutual Funds Newsletter

These ELSSs will help you to save taxes and get rich Most government-backed tax-saving options offer modest returns. However, ELSSs have the potential to offer superior returns over a long period. Don't worry about market, continue with your equity MF investments, say CIOs The market has scaled all-time high today. We asked some prominent chief investment officers of mutual funds for their advice. Market at all-time high: 5 mistakes mutual fund investors should avoid There is no value in the market. So, why should I continue with my investments. You might be wrong. Sebi allows investors to buy mutual funds via e-wallets Investors will be permitted to purchase mutual funds worth up to Rs 50,000 through digital wallets, the market regulator, Sebi said in a release. Investors need to accept that debt funds are volatile, says Mahendra Jajoo of Mirae AMC "No investor should come to debt funds expecting that it is as safe as FDs but will give you higher returns." New to mutual funds? Start with ultra short term funds, say advisors Mutual fund advisors generally ask new investors to start with ultra-short term funds because these funds offer a good experience in terms of returns, risk and liquidity. IT funds are offering negative returns. Should you sell them? IT funds have given -4.95 per cent over a month and –10.64 per cent in a year. Why are these funds doing badly?

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 Union Focussed Largecap Fund Direct-D Equity: Large Cap Open-ended 20 Apr 28 Apr 5000.00 Union Focussed Largecap Fund Direct-G Equity: Large Cap Open-ended 20 Apr 28 Apr 5000.00 Union Focussed Largecap Fund Reg-D Equity: Large Cap Open-ended 20 Apr 28 Apr 5000.00 Union Focussed Largecap Fund Reg-G Equity: Large Cap Open-ended 20 Apr 28 Apr 5000.00 Mahindra Mutual Fund Bal Vikas Yojana Direct-No Lock In Dividend Hybrid: Equity-oriented Open-ended 20 Apr 04 May 1000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Tata Equity PE Dividend Trigger B Reg-D Equity: Mid Cap Open-ended 01 May 2017 1.10 Tata Equity PE Dividend Trigger B Direct-D Equity: Mid Cap Open-ended 01 May 2017 1.10 Peerless Income Plus-DQ Hybrid: Debt-oriented Conservative Open-ended 30 Apr 2017 0.16 Peerless Short Term-DQ Debt: Short Term Open-ended 30 Apr 2017 0.15 Peerless 3 in 1-DQ Hybrid: Others Open-ended 30 Apr 2017 0.25 * 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 25-04-2017 2733.58 2075.45 658.13 4579.64 2504.83 2074.81 24-04-2017 2495.06 1646.68 848.38 3506.82 4842.73 -1335.91 21-04-2017 1819.36 741.90 1077.46 4994.54 2358.48 2636.06 20-04-2017 2569.42 2119.03 450.39 5360.75 4120.44 1240.31 18-04-2017 2383.94 1580.32 803.62 5838.58 4376.86 1461.72 17-04-2017 1871.21 1463.62 407.59 2749.76 2274.97 474.79 13-04-2017 1999.50 1488.41 511.09 10868.42 4586.40 6282.02 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 Kotak Infrastructure and Economic Reform Fund Direct-Growth 21.7630 3.02 195.31 - 1.09 ICICI Prudential Banking and Financial Services Direct Plan-Growth 56.2600 2.81 1500.52 - 1.08 Kotak Select Focus Fund Direct-Growth 31.2790 2.20 8246.44 - 1.00 SBI Bluechip Direct Plan-Growth 35.7668 2.08 11396.46 - 1.55 SBI Bluechip Fund-Growth 34.4882 2.05 11396.46 - 2.11 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 Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth 10.6640 4.60 29.13 - - 0.69 Edelweiss Europe Dynamic Equity Offshore Fund Regular-Growth 10.3385 4.58 29.13 - - 1.66 DHFL Pramerica Top Euroland Offshore Fund Direct-Growth 12.7800 4.50 9.63 - - 1.46 DHFL Pramerica Top Euroland Offshore Fund-Growth 12.3500 4.48 9.63 - - 2.35 LIC MF Banking & Financial Services Fund Direct-Growth 11.9181 4.30 63.36 - 1.28 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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