Best mutual funds to invest in 2018

THE ECONOMIC TIMES Fri, Aug 10, 2018 | 08:11 AM IST Mutual Funds Newsletter

Best mutual funds to invest in 2018 Here are the reasons why some schemes got out of our list and some new ones replaced them. Volatility will continue, market will be in a tight range, says Jinesh Gopani of Axis Mutual Fund "In general, midcaps crashed where there was no earnings to support valuation." Should mid and smallcap investors switch to largecap schemes? Many investors believe it is wise to switch to largecap schemes because they are performing well at this point. 25 years of pvt sector mutual funds: Need to give tax exemption to MFs, says NS Venkatesh, Amfi CEO "The private sector has brought in diversity of product, they also brought in diversity to the customers to invest." Most sector mutual fund schemes are in red. What should you do? Most sectors are dealing with their own set of issues. That's why most of them are performing dismally. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 6.50 8.95 11.97 16.20 JM Core 11 Fund-Growth 6.43 8.51 11.06 14.61 Axis Bluechip Fund Direct Plan-Growth 3.59 17.40 24.43 13.75 ICICI Prudential Nifty Next 50 Index Direct-Growth 6.24 1.71 9.23 12.84 ICICI Prudential Bluechip Fund Institutional I-Growth 6.15 6.03 14.45 12.69 FeaturedICICI Prudential Equity & Debt Fund Direct-Growth ★★★★★ 4.53 1.29 9.05 12.31 Start SIP Multicap schemes are the best bet at this point, say mutual fund advisors Many mutual fund advisors are asking investors to use multicap schemes to enter the market right at this point. Is it a good idea to invest in New Fund Offers? New Fund Offers (NFOs) are first time subscription offers for a new scheme launched by a mutual fund house. An NFO is usually launched by a fund house to complete its product basket, or if there is a demand from investors for a particular product.

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 Tax Saver-D Equity: ELSS Open-ended 10 Aug 2018 0.45 Edelweiss Arbitrage Reg-D Hybrid: Arbitrage Open-ended 13 Aug 2018 0.04 Edelweiss Arbitrage Direct-D Hybrid: Arbitrage Open-ended 13 Aug 2018 0.04 Kotak Equity Savings Reg-DM Hybrid: Equity Savings Open-ended 13 Aug 2018 0.05 Kotak Equity Savings Direct-DM Hybrid: Equity Savings Open-ended 13 Aug 2018 0.06 * 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 07-08-2018 1977.18 1962.39 14.79 7655.96 5037.46 2618.50 06-08-2018 2339.61 2145.11 194.50 10139.36 5105.19 5034.17 03-08-2018 2471.08 2311.65 159.43 8034.33 6617.33 1417.00 02-08-2018 2024.10 1999.75 24.35 7515.46 7569.72 -54.26 01-08-2018 2745.13 2983.16 -238.03 5492.51 7617.52 -2125.01 31-07-2018 3087.47 3435.13 -347.66 8181.83 19257.85 -11076.02 30-07-2018 3104.94 3366.09 -261.15 12551.70 15647.58 -3095.88 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 68.3100 4.15 2657.95 - 1.00 ICICI Prudential Banking and Financial Services-Growth 64.4200 4.12 2657.95 - 2.11 Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth 31.0300 3.68 1530.59 - 2.50 SBI Banking & Financial Services Fund Regular-Growth 17.6390 2.73 502.29 - 2.70 ICICI Prudential Bluechip Fund Institutional I-Growth 46.4200 2.72 17129.13 - 2.12 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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