Best mutual funds to invest in 2017

THE ECONOMIC TIMES Fri, May 05, 2017 | 08:13 AM IST Mutual Funds Newsletter

Best mutual funds to invest in 2017 Are you finding it difficult to create a mutual fund portfolio. Here is some help. Banking sector funds may continue to perform. But you should be cautious The banking sector category returned 38.63 per cent in the last one year, 21.45 per cent in three years and 15.30 per cent in the last five years. After new Sebi norm, Reliance instant redemption underlying scheme to become liquid fund After Sebi approved instant redemption facility in liquid funds yesterday, Reliance Mutual Fund, is going to announce some changes in Reliance Money Manager Fund. All 'great' mutual funds need not be great for you Picking up seasoned performers alone is not enough. They should be in line with your investment objective and risk profile. "A healthy correction will make the valuations reasonable," says Vinit Sambre of DSP BlackRock MF "Some of the companies have become really expensive as compared to their historical norms." Ask ET Mutual Funds: How should I plan my future investments? If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Ask ET Mutual Funds: Should I take an overdraft and invest in mutual funds? If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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 ICICI Pru Value Fund - Series 13 Direct-D Equity: Small Cap Closed-end 25 Apr 09 May 5000.00 ICICI Pru Value Fund - Series 13-D Equity: Small Cap Closed-end 25 Apr 09 May 5000.00 Sundaram Value Fund Series VIII Direct-G Equity: Mid Cap Closed-end 02 May 16 May 5000.00 Sundaram Value Fund Series VIII Reg-D Equity: Mid Cap Closed-end 02 May 16 May 5000.00 Sundaram Value Fund Series VIII Reg-G Equity: Mid Cap Closed-end 02 May 16 May 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit ICICI Pru Balanced-DM Hybrid: Equity-oriented Open-ended 05 May 2017 0.24 Tata Regular Saving Equity Reg-DM Hybrid: Equity-oriented Open-ended 05 May 2017 0.07 Tata Balanced Reg-DM Hybrid: Equity-oriented Open-ended 05 May 2017 0.46 Tata Balanced Direct-DM Hybrid: Equity-oriented Open-ended 05 May 2017 0.46 ICICI Pru Balanced Direct-DM Hybrid: Equity-oriented Open-ended 05 May 2017 0.15 * 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 27-04-2017 2817.95 2559.60 258.35 6697.98 5683.62 1014.36 26-04-2017 2624.26 1880.99 743.27 6205.57 6504.88 -299.31 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 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 ICICI Prudential Banking and Financial Services Direct Plan-Growth 58.0800 3.23 1500.52 - 1.08 L&T India Value Fund Direct-Growth 35.5630 1.89 2800.65 - 1.50 L&T India Value Fund-Growth 34.4330 1.87 2800.65 - 2.10 Mirae Asset Emerging Bluechip Fund Direct-Growth 46.9250 1.49 3204.87 - 1.63 Mirae Asset Emerging Bluechip Fund Regular-Growth 45.0270 1.48 3204.87 - 2.36 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 LIC MF Banking & Financial Services Fund Direct-Growth 12.5447 5.26 63.36 - 1.28 LIC MF Banking & Financial Services Fund Regular-Growth 12.3707 5.22 63.36 - 3.00 ICICI Prudential Banking and Financial Services Direct Plan-Growth 58.0800 3.23 1500.52 - 1.08 UTI Long Term Advantage Fund - Series IV Direct - Growth 11.2791 3.22 98.80 - NaN ICICI Prudential Banking and Financial Services-Growth 55.6800 3.19 1500.52 - 2.43 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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