Best mutual funds to invest in 2017

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

Best mutual funds to invest in 2017 Many new investors are flocking to mutual funds these days. However, many of them are confused about creating a mutual fund portfolio. Do not panic if there is short-term volatility: PVK Mohan of Principal Mutual Fund Balanced funds were in news for several reasons in 2017. We spoke to PVK Mohan and Bekxy Kuriakose, fund managers of Principal Balanced Fund, one of the top performers in 2017. RBI holds rates. What should debt mutual fund investors do? The Reserve Bank of India has left key policy rates unchanged in its policy review today. Did balanced schemes lose their balance in 2017? Equity-oriented hybrid schemes or balanced schemes have been in focus for the last few years. They continued to appeal greatly to new investors with their impressive performance. Top 10 dividend-paying balanced schemes in 2017 Many investors, especially retired folks, bank on equity-oriented hybrid schemes or balanced schemes to draw a regular income. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth -3.19 8.36 32.38 14.25 Invesco India Growth Fund Direct-Growth -1.60 12.06 36.50 14.15 Mirae Asset India Opportunities Fund Regular- Growth -3.25 7.99 31.45 13.36 SBI Bluechip Direct Plan-Growth -2.76 5.70 24.14 12.79 Invesco India Dynamic Equity Fund Direct-Growth -1.21 9.15 29.99 12.55 FeaturedDSP BlackRock Tax Saver Direct Plan-Growth ★★★★★ -2.24 8.11 28.37 14.65 Start SIP 50% giant largecap and midcap mutual fund schemes underperform category Five out of the biggest 10 largecap schemes delivered lower returns than their category average in the three-year period. Dividend option in ELSS is a very bad idea, say mutual fund advisors Many investors are choosing the dividend option while investing in ELSSs during the tax-saving season this year, say mutual fund advisors.

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New Fund Offers Fund Name Category Type Open Close Min Inv Indiabulls Tax Savings Fund Direct-D Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Direct-G Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Reg-G Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 Indiabulls Tax Savings Fund Reg-D Equity: Tax Saving Open-ended 21 Sep 20 Dec 500.00 UTI Long Term Advantage Fund - Series VI Direct-D Equity: Tax Saving Closed-end 05 Oct 12 Jan 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit UTI SPrEAD-D Hybrid: Arbitrage Open-ended 11 Dec 2017 0.07 UTI Wealth Builder Retail-D Equity: Others Open-ended 11 Dec 2017 0.10 ICICI Pru Capital Protection Oriented Ser III Plan B-D Hybrid: Debt-oriented Aggressive Closed-end 11 Dec 2017 0.03 UTI Wealth Builder Direct-D Equity: Others Open-ended 11 Dec 2017 0.10 UTI SPrEAD Direct-D Hybrid: Arbitrage Open-ended 11 Dec 2017 0.07 * 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 27-11-2017 1932.47 1632.84 299.63 5587.69 6115.68 -527.99 24-11-2017 2684.58 1887.79 796.79 7175.66 3580.60 3595.06 23-11-2017 2282.53 1747.22 535.31 7136.10 5044.73 2091.37 22-11-2017 2640.05 1714.78 925.27 7556.25 4852.05 2704.20 21-11-2017 2975.17 2234.96 740.21 4853.98 3391.09 1462.89 20-11-2017 2247.21 1359.62 887.59 5837.94 3237.33 2600.61 17-11-2017 3129.40 1780.35 1349.05 7009.39 6718.19 291.20 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 IDFC Government Securities Provident Direct-Growth 30.9377 0.24 103.20 - - 0.28 Edelweiss Arbitrage Fund Direct-Growth 12.9182 0.21 3014.33 - 0.40 Axis Enhanced Arbitrage Fund Direct-Growth 12.7323 0.20 892.55 - 0.95 Kotak Equity Arbitrage Fund Direct-Growth 24.9788 0.19 8828.43 - 0.44 Axis Regular Savings Fund Direct -Growth 17.3750 0.18 525.17 - - 1.00 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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