25 years of pvt sector mutual funds: Distribution still not a viable business, says S Naren

THE ECONOMIC TIMES Fri, Jul 27, 2018 | 08:11 AM IST Mutual Funds Newsletter

25 years of pvt sector mutual funds: Distribution still not a viable business, says S Naren "Till 2008, mutual funds were seen only as equity vehicles, " says S Naren, ED & CIO, ICICI Prudential AMC. HDFC Hybrid Equity Fund is offering negative returns. Should you worry? HDFC Hybrid Equity Fund is offering negative returns in the last one year. Expecting higher volatility, says Mrinal Singh, Deputy CIO, ICICI Pru MF After a steep rally in the last three years, the returns from the midcap funds have been falling for the last six months. Mutual fund investors spooked by negative SIP returns in monthly account statements Investors are wondering about several emails they have started getting from their fund houses. 25 years of pvt sector mutual funds: Major reforms in the industry The first mutual fund regulations came into force in 1993. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 7.61 3.36 12.93 17.04 JM Core 11 Fund-Growth 7.54 2.94 12.02 15.42 Axis Bluechip Fund Direct Plan-Growth 4.78 11.45 24.26 13.92 IDBI Nifty Junior Index Fund Direct-Growth 1.95 -6.26 4.33 12.75 ICICI Prudential Nifty Next 50 Index Direct-Growth 1.28 -6.84 4.13 12.73 FeaturedPrincipal Emerging Bluechip Fund Direct- Growth ★★★★★ 2.08 -5.13 9.88 16.04 Start SIP Best mutual fund for a 22-year-old student 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 to create Rs 2-3 crore in 15 years? 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 V Direct-D Equity: ELSS Closed-end 25 Jun 24 Sep 500.00 Sundaram Long Term Tax Advantage Fund Series V Direct-G Equity: ELSS Closed-end 25 Jun 24 Sep 500.00 Sundaram Long Term Tax Advantage Fund Series V Reg-D Equity: ELSS Closed-end 25 Jun 24 Sep 500.00 Sundaram Long Term Tax Advantage Fund Series V Reg-G Equity: ELSS Closed-end 25 Jun 24 Sep 500.00 BOI AXA Midcap Tax Fund Series 2 Direct-G Equity: ELSS Closed-end 12 Jul 11 Oct 500.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit DSPBR Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 27 Jul 2018 0.21 Franklin India Dynamic PE Ratio FoF-D Hybrid: Dynamic Asset Allocation Open-ended 27 Jul 2018 0.61 SBI Arbitrage Opportunities-D Hybrid: Arbitrage Open-ended 27 Jul 2018 0.06 Canara Robeco Consumer Trends Reg-D Equity: Thematic-Consumption Open-ended 27 Jul 2018 1.40 ICICI Pru Medium Term Bond-DQ Debt: Medium Duration Open-ended 27 Jul 2018 0.12 * 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 20-07-2018 2018.13 2216.66 -198.53 4909.31 6054.76 -1145.45 19-07-2018 3147.80 2208.96 938.84 7466.00 8062.32 -596.32 18-07-2018 2301.24 2249.46 51.78 5303.86 5189.80 114.06 17-07-2018 2775.25 1680.23 1095.02 8167.53 6782.68 1384.85 09-07-2018 67.59 53.23 14.36 27.56 15.40 12.16 06-07-2018 2814.21 1938.07 876.14 7698.50 4071.17 3627.33 05-07-2018 2189.99 2433.61 -243.62 5833.36 3594.68 2238.68 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 Banking & Financial Services Fund Regular-Growth 16.9319 5.85 502.29 - 2.70 IDBI Nifty Junior Index Fund Direct-Growth 22.9551 5.67 52.52 - 0.56 IDBI Nifty Junior Index Fund-Growth 21.8319 5.65 52.52 - 1.74 L&T Infrastructure Fund Direct-Growth 17.4900 5.05 2034.40 - 1.44 L&T Infrastructure Fund-Growth 16.7600 4.95 2034.40 - 2.04 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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