Best ELSS to invest in 2017

THE ECONOMIC TIMES Fri, Jul 14, 2017 | 08:13 AM IST Mutual Funds Newsletter

Best ELSS to invest in 2017 If you are thinking of investing in ELSS to save income tax this financial year, it is better to start investing right away in a staggered manner. NFO review: Axis Dynamic Equity Fund The New Fund Offer (NFO) will close for subscription on 25 July. How to choose the best mutual fund scheme We are attempting to put together a simple guide that would help these investors how to choose an ideal equity mutual fund scheme. Is your mutual fund advisor worth the money? These days, investors are busy comparing the returns earned by them with their friends or colleagues to make sure that their advisors are worth the fee. How to build a mutual fund portfolio? An ideal portfolio is one that has maximum of 7 or 8 mutual fund schemes spread across different market capitalizations and across various asset classes. Do I need to plan separately for my retirement? If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Am I investing right for my child's education? 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 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-G Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-D Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-G Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-D Equity: Tax Planning Closed-end 23 Jun 22 Sep 500.00 SBI Dual Advantage Fund Series XXIII Reg-D Hybrid: Debt-oriented Conservative Closed-end 10 Jul 24 Jul 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit ICICI Pru Dynamic-D Equity: Multi Cap Open-ended 14 Jul 2017 0.24 ICICI Pru Dynamic Direct-D Equity: Multi Cap Open-ended 14 Jul 2017 0.20 ICICI Pru Balanced Advantage-DM Hybrid: Equity-oriented Open-ended 14 Jul 2017 0.10 Reliance Yearly Interval Series IX-D Debt: FMP Open-ended 14 Jul 2017 0.00 L&T Business Cycles Reg-D Equity: Mid Cap Open-ended 14 Jul 2017 1.00 * 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 10-07-2017 1732.66 935.86 796.80 8364.00 7646.13 717.87 07-07-2017 2277.48 1487.24 790.24 4943.76 3792.65 1151.11 06-07-2017 1931.44 1699.12 232.32 6345.55 1767.79 4577.76 05-07-2017 1871.21 1663.24 207.97 7212.88 4336.52 2876.36 04-07-2017 1998.52 1731.35 267.17 10634.86 3928.81 6706.05 03-07-2017 2473.85 1602.64 871.21 11658.21 5748.10 5910.11 30-06-2017 2447.21 1193.73 1253.48 6530.44 9225.76 -2695.32 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 27.3600 3.44 1121.50 - 1.21 Invesco India Dynamic Equity Fund Direct-Growth 28.7200 3.27 203.15 - 1.04 Invesco India Growth Fund Direct-Growth 31.5700 3.20 185.91 - 1.03 Motilal Oswal MOSt Focused Multicap 35 Fund Direct-Growth 25.5392 2.84 6643.07 - 1.32 Motilal Oswal MOSt Focused Multicap 35 Fund Regular-Growth 24.7475 2.83 6643.07 - 2.16 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 ICICI Prudential Value Fund Series 6 Direct-Growth 13.4900 7.23 227.58 - 0.92 ICICI Prudential Value Fund Series 6-Growth 13.0300 7.15 227.58 - 2.36 SBI Tax Advantage Fund Series II- Growth 34.6644 4.98 30.11 - 3.09 SBI Long Term Advantage Fund Series III Direct Growth 14.0324 4.96 59.94 - 1.49 SBI Long Term Advantage Fund Series III Regular Growth 13.7747 4.93 59.94 - 2.99 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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