Got a salary hike? Increase your SIP investments in mutual funds

THE ECONOMIC TIMES Fri, Apr 27, 2018 | 08:12 AM IST Mutual Funds Newsletter

Got a salary hike? Increase your SIP investments in mutual funds Increasing your mutual fund SIP even by a small amount will help you to make more money in the long run, say advisors. Aditya Birla Sun Life Tax Savings Fund merges into ABSL Tax Relief '96 Aditya Birla Sun Life Mutual Fund has decided to merge their two tax-saving schemes to comply with Sebi's new norms of mutual fund categorisation. Pharma funds may not outperform diversified equity funds any time soon: Sonam Udasi of Tata MF Many stock market pundits were expecting pharma funds to stage a come back in 2018. Why are new investors dumping equity mutual funds? Many new mutual fund investors are redeeming their investments made in equity mutual funds a little over an year ago. ICICI Prudential Dynamic Plan becomes a multi-asset fund. Should you sell? ICICI Prudential Mutual Fund has re-categorised ICICI Dynamic Plan as a multi-asset fund. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 3.63 -1.86 12.42 16.63 Invesco India Growth Fund Direct-Growth 6.97 9.18 25.28 15.85 Kotak Select Focus Fund Direct-Growth 4.19 1.26 10.87 15.58 JM Multi Strategy Direct Plan-Growth 3.72 -2.41 8.05 14.85 Mirae Asset India Equity Fund Direct- Growth 4.07 0.62 14.91 14.71 FeaturedDSP BlackRock 10Y G-Sec Fund Direct-Growth ★★★★★ -0.41 -3.09 0.50 6.80 Start SIP Mutual fund advisors flooded with queries on re-categorisation Mutual fund advisors are swamped by queries from their clients regarding the ongoing process of re-categorisation of mutual fund schemes. Franklin Templeton Mutual Fund makes changes to 24 schemes The re-categorisation and merger of schemes are in line with Sebi's new rules on categorisation of mutual funds.

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 IV Direct-D Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Direct-G Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Reg-D Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 Sundaram Long Term Tax Advantage Fund Series IV Reg-G Equity: Tax Saving Closed-end 27 Mar 27 Jun 500.00 SBI Long Term Advantage Fund Series VI Reg-G Equity: Tax Saving Closed-end 11 Apr 10 Jul 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Dynamic PE Ratio FoF-D Hybrid: Asset Allocation Open-ended 27 Apr 2018 0.61 Franklin India Dynamic PE Ratio FoF Direct-D Hybrid: Asset Allocation Open-ended 27 Apr 2018 0.61 Franklin India FMP Series 2 Plan C (1205 Days) Reg-DQ Debt: FMP Closed-end 27 Apr 2018 0.12 DSPBR Equity & Bond-D Hybrid: Equity-oriented Open-ended 27 Apr 2018 0.19 DSPBR Equity & Bond Direct-D Hybrid: Equity-oriented Open-ended 27 Apr 2018 0.19 * 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 23-04-2018 1793.84 1385.33 408.51 3740.55 3859.18 -118.63 20-04-2018 3189.49 2991.89 197.60 5192.35 10121.43 -4929.08 19-04-2018 2616.34 1932.24 684.10 3729.56 6880.98 -3151.42 18-04-2018 2590.58 1536.56 1054.02 6181.07 5696.88 484.19 17-04-2018 2537.25 1594.08 943.17 4907.98 6337.16 -1429.18 16-04-2018 2796.00 2195.15 600.85 6048.12 7914.95 -1866.83 13-04-2018 2841.74 2242.87 598.87 6933.21 5567.75 1365.46 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 63.2641 1.99 873.82 - 1.25 SBI Small & Midcap Fund-Growth 59.7610 1.96 873.82 - 2.32 Motilal Oswal Focused 25 Fund Direct-Growth 23.2527 1.89 993.69 - 1.33 Motilal Oswal Long Term Equity Fund Direct-Growth 19.2751 1.83 848.80 - 1.45 Motilal Oswal Long Term Equity Fund Regular-Growth 18.4186 1.81 848.80 - 2.64 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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