Get out of gilt funds now, say mutual fund advisors

THE ECONOMIC TIMES Fri, Mar 23, 2018 | 08:10 AM IST Mutual Funds Newsletter

Get out of gilt funds now, say mutual fund advisors Gilt schemes invest mostly in government securities and government securities are extremely sensitive to interest rate changes. They suffer the most when the rates start going up. Why did Quantum Long Term Equity Fund give 5.5% last year? ET.com Mutual Funds spoke to Nilesh Shetty, who jointly manages the scheme with Atul Kumar, to find out what is in store for the investors. Do mutual fund investors need ULIPs to diversify portfolio? Some mutual fund investors are insisting on buying unit linked insurance plans (ULIPs) to diversify their portfolio further, say mutual fund advisors. Should mutual fund investors look beyond balanced funds after DDT? Mutual fund investors have started moving away from balanced funds as they are spooked by the recent correction in the market Best tax saving mutual funds or ELSS to invest in 2018 Looking to save taxes under Section 80C of the Income Tax Act this tax-saving season? Well, here are the best tax-saving plans for you. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -0.83 -3.80 17.24 13.92 Kotak Select Focus Fund Direct-Growth -1.73 0.11 13.60 12.41 Mirae Asset India Equity Fund Direct- Growth -2.86 0.51 15.69 11.97 Invesco India Growth Fund Direct-Growth -0.82 2.72 21.84 11.69 JM Multi Strategy Direct Plan-Growth -2.34 -4.07 12.44 11.56 FeaturedDSP BlackRock Strategic Bond Direct Plan-Growth ★★★★★ 1.24 -0.69 3.28 6.71 Start SIP Should I switch my money from PF to mutual funds? If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. How can I create a retirement corpus of Rs 1 crore? If you have any mutual fund queries, message on 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 Tax Advantage Fund Series III Direct-D Equity: Tax Saving Closed-end 27 Dec 27 Mar 500.00 Sundaram Long Term Tax Advantage Fund Series III Direct-G Equity: Tax Saving Closed-end 27 Dec 27 Mar 500.00 Sundaram Long Term Tax Advantage Fund Series III Reg-D Equity: Tax Saving Closed-end 27 Dec 27 Mar 500.00 Sundaram Long Term Tax Advantage Fund Series III Reg-G Equity: Tax Saving Closed-end 27 Dec 27 Mar 500.00 Reliance Capital Builder Fund IV Series E Direct-D Equity: Multi Cap Closed-end 13 Mar 27 Mar 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Kotak 50 Reg-D Equity: Large Cap Open-ended 23 Mar 2018 3.60 Kotak Classic Equity Reg-D Equity: Large Cap Open-ended 23 Mar 2018 4.78 Kotak Tax Saver Reg-D Equity: Tax Saving Open-ended 23 Mar 2018 0.38 Kotak Emerging Equity Reg-D Equity: Mid Cap Open-ended 23 Mar 2018 2.67 Kotak Tax Saver Direct-D Equity: Tax Saving Open-ended 23 Mar 2018 0.38 * 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 20-03-2018 2658.01 1770.83 887.18 9896.20 9181.46 714.74 19-03-2018 3076.88 2940.24 136.64 12364.54 10513.04 1851.50 16-03-2018 3363.12 4438.86 -1075.74 11937.51 9111.26 2826.25 15-03-2018 2504.75 2032.74 472.01 12741.65 10685.66 2055.99 14-03-2018 2170.42 2266.55 -96.13 9046.85 8393.35 653.50 13-03-2018 5852.93 2611.79 3241.14 10648.23 9508.46 1139.77 12-03-2018 2202.16 2475.14 -272.98 8118.52 7294.89 823.63 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 Canara Robeco Gilt PGS Direct - Growth 48.2134 0.62 71.45 - - 0.65 Reliance Gilt Securities Fund Direct-Growth 23.7666 0.50 1568.34 - - 0.57 Reliance Gilt Securities Fund Direct Defined Maturity Date-Growth 23.8300 0.50 1568.34 - - 0.57 UTI Gilt Advantage Long-term Plan Direct-Growth 38.2013 0.47 741.66 - - 0.55 SBI Magnum Gilt Fund Long-term Direct-Growth 38.6043 0.43 3130.56 - - 0.43 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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