31% equity mutual fund schemes underperform their benchmark

THE ECONOMIC TIMES Fri, Mar 16, 2018 | 08:14 AM IST Mutual Funds Newsletter

31% equity mutual fund schemes underperform their benchmark Mutual Funds offer the services of a professional fund manager to take care your investment. You also pay a fee for their service. But, do these managers actually beat the index their schemes are benchmarked against? At this price point, we are pretty competitive, says Neil Parikh of PPFAS Mutual Fund We wanted to stick with one scheme which does not confuse the end-investors. Are mutual fund investors confused about their risk profile? We recently got a message from a reader on our ET Mutual Funds Facebook page: he said his risk profile will depend on our mutual fund recommendations. "Don't shy away from taking decisions in fear of going wrong," says Sohini Andani of SBI Mutual Fund There is more women representation in the industry as compared to a decade back. The industry is more open to accept women in this role now, says Sohini Andani. Why you shouldn't look beyond mutual funds for your investment needs? Very few investors realise that they don't have to look beyond mutual funds for any of their investment requirement, say mutual fund advisors. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -0.74 -3.03 19.11 14.53 Kotak Select Focus Fund Direct-Growth -1.62 0.36 15.72 12.88 Mirae Asset India Equity Fund Direct- Growth -2.58 0.81 18.32 12.49 Invesco India Growth Fund Direct-Growth -0.69 5.75 25.23 12.34 JM Multi Strategy Direct Plan-Growth -2.32 -3.35 15.62 12.25 FeaturedDSP BlackRock Balanced Direct-Growth ★★★★★ -1.47 1.23 13.59 11.36 Start SIP The glass ceiling is in the mind, says Lakshmi Iyer of Kotak Mutual Fund Mutual fund industry has 24 women fund managers, taking care of funds either as primary or secondary managers, as against 267 male fund managers. How to start an SIP in debt mutual fund schemes? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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New Fund Offers Fund Name Category Type Open Close Min Inv SBI Long Term Advantage Fund Series V Reg-G Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Reg-D Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Direct-D Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 SBI Long Term Advantage Fund Series V Direct-G Equity: Tax Saving Closed-end 21 Dec 20 Mar 500.00 UTI Long Term Advantage Fund - Series VII Direct-D Equity: Tax Saving Closed-end 21 Dec 21 Mar 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Principal Balanced-DM Hybrid: Equity-oriented Open-ended 16 Mar 2018 0.28 Aditya Birla SL Dividend Yield Plus-D Equity: Mid Cap Open-ended 16 Mar 2018 0.41 Aditya Birla SL Infrastructure-D Equity: Infrastructure Open-ended 16 Mar 2018 2.11 Principal Smart Equity-DM Hybrid: Asset Allocation Open-ended 16 Mar 2018 0.10 Aditya Birla SL Infrastructure Direct-D Equity: Infrastructure Open-ended 16 Mar 2018 2.54 * 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 12-03-2018 2202.16 2475.14 -272.98 8118.52 7294.89 823.63 09-03-2018 2024.85 2166.64 -141.79 17749.10 12039.45 5709.65 08-03-2018 3168.60 2594.17 574.43 11971.69 14011.59 -2039.90 07-03-2018 3061.06 2885.09 175.97 10391.73 9108.75 1282.98 06-03-2018 2281.33 2733.13 -451.80 7943.83 6375.34 1568.49 05-03-2018 2298.01 2473.82 -175.81 7990.69 7413.87 576.82 01-03-2018 2415.65 2578.18 -162.53 11006.55 7694.10 3312.45 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 61.3200 3.70 2751.83 - 1.02 ICICI Prudential Banking and Financial Services-Growth 58.1100 3.66 2751.83 - 2.29 ICICI Prudential Focused Bluechip Equity Direct-Growth 41.5300 2.85 15547.73 - 1.10 Aditya Birla Sun Life Banking & Financial Services Fund Direct-Growth 27.5800 2.38 1517.75 - 1.15 Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth 26.4800 2.36 1517.75 - 2.45 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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