2017 has been a disappointing year for debt fund managers: Dhawal Dalal of Edelweiss Mutual Fund

THE ECONOMIC TIMES Fri, Dec 22, 2017 | 08:10 AM IST Mutual Funds Newsletter

2017 has been a disappointing year for debt fund managers: Dhawal Dalal of Edelweiss Mutual Fund Dhawal Dalal, Chief Investment Officer - fixed income - ‎Edelweiss Mutual Fund, spoke to ET.com Mutual Funds about the volatility in the debt market in 2017 and the outlook for 2018. Do not invest in ELSS with these wrong notions According to mutual fund advisors, the new investors have so many queries and confusions about investments in ELSS. Was 2017 the best year for mutual fund investors? We looked at the category returns for each calendar year since the last market crash in 2008. Mid and smallcap schemes may continue to offer good returns Midcap and smallcap schemes have put up an impressive performance once again in 2017. Smallcap space has scope to outperform over the long run, says Samir Rachh of Reliance MF Samir Racch, the fund manager of Reliance Small Cap Fund spoke to ET.com Mutual Funds about his strategy, view on the impending correction and his outlook for the sector. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 1.58 12.84 47.77 17.71 Mirae Asset India Opportunities Fund Direct- Growth 1.86 12.91 40.36 17.02 Kotak Select Focus Fund Direct-Growth 2.46 9.78 37.52 16.79 Invesco India Growth Fund Direct-Growth 2.54 14.97 43.05 16.70 JM Multi Strategy Direct Plan-Growth 2.55 9.29 42.49 16.49 FeaturedDSP BlackRock Strategic Bond Direct Plan-Growth ★★★★★ -0.86 -0.36 2.44 7.91 Start SIP Here is the list of top 10 sectoral mutual funds. Should you invest in them? Sectoral mutual funds or mutual fund schemes that invest in specific sectors or themes are recommended only to highly informed investors. Have a balance of largecap and midcap mutual funds: Ravi Gopalakrishnan of Canara Robecco MF Ravi Gopalakrishnan, fund manager of Canara Robecco Emerging Equities Fund, believes that corrections can happen anytime in the market and the reasons could emerge from anywhere.

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 UTI Long Term Advantage Fund - Series VI Direct-D Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Reg-D Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Direct-G Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 UTI Long Term Advantage Fund - Series VI Reg-G Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 BOI AXA Midcap Tax Fund Series 1 Direct-D Equity: Tax Saving Closed-end 10 Nov 09 Feb 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit L&T Triple Ace Bond-DQ Debt: Income Open-ended 22 Dec 2017 0.14 L&T Gilt Investment-DQ Debt: Gilt Medium & Long Term Open-ended 22 Dec 2017 0.18 L&T MIP-DQ Hybrid: Debt-oriented Conservative Open-ended 22 Dec 2017 0.14 L&T India Spl Situations-D Equity: Multi Cap Open-ended 22 Dec 2017 0.22 Reliance Top 200 Retail-D Equity: Large Cap Open-ended 22 Dec 2017 0.17 * 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 19-12-2017 2961.58 3846.37 -884.79 5982.49 3644.96 2337.53 18-12-2017 3877.36 3186.19 691.17 6905.88 6332.04 573.84 15-12-2017 2784.11 2581.24 202.87 7085.26 8872.99 -1787.73 14-12-2017 3071.16 2738.76 332.40 4136.08 4933.11 -797.03 13-12-2017 2066.88 2754.69 -687.81 7467.01 7997.02 -530.01 12-12-2017 2324.79 2141.37 183.42 6607.57 5786.47 821.10 11-12-2017 3119.42 2255.04 864.38 8299.63 5264.41 3035.22 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 SBI Small & Midcap Direct-Growth 66.4699 5.87 730.50 - 1.36 SBI Small & Midcap Fund-Growth 63.0153 5.85 730.50 - 2.30 Canara Robeco Emerging Equities Fund Direct-Growth 102.2700 4.97 2231.42 - 0.89 IDFC Tax Advantage (ELSS) Direct Plan-Growth 62.1988 4.22 661.74 - 1.29 Tata Retirement Savings Fund Progressive Plan Direct-Growth 31.9451 3.91 258.14 - 1.90 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 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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