Stick to short duration schemes and FMPs, say mutual fund advisors as RBI hold rates

THE ECONOMIC TIMES Fri, Dec 07, 2018 | 08:12 AM IST Mutual Funds Newsletter

Stick to short duration schemes and FMPs, say mutual fund advisors as RBI hold rates The Reserve Bank of India (RBI) held key rates on its policy review today in line with the expectations in the money market. Should you alter your debt mutual fund strategy ahead of RBI policy? Will RBI hike rates? Or will it hold rates? Do I need to change my debt mutual fund investment strategy? Tax savers start hunting for best ELSS ahead of tax-saving season Traditionally, January to March is known as the tax-saving season. Secret ingredient to create a large retirement fund is time, say mutual fund advisors Do Indians start planning for retirement only in their 40s and 50s? Many financial planners and mutual fund advisors believe so. Should you pick smallcap mutual fund schemes to create a big retirement corpus? Several mutual fund advisors say there is nothing wrong with the approach. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 1.25 -5.64 -3.47 15.01 Axis Bluechip Fund Direct Plan-Growth 3.11 -0.56 10.77 13.66 JM Core 11 Fund-Growth 1.08 -6.14 -4.37 13.54 ICICI Prudential Bluechip Fund Institutional I-Growth -1.47 -1.80 1.56 12.50 Reliance Large Cap Fund Direct-Growth -1.15 1.06 1.74 12.47 FeaturedDSP Credit Risk Direct Plan-Growth ★★★★★ 0.96 0.18 1.85 6.84 Start SIP How to calculate your retirement corpus? It is one of the most frequently asked questions in ET.com Mutual Fund's Facebook page: Is my retirement corpus large enough to take care of my retired life? Stocks and equity mutual funds are different Investing in an individual stock and equity mutual fund scheme is different. You must look at various parameters like key ratios while investing in a stock. Hence, timing plays a key role. However, rules are not the same in an equity mutual fund.

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 VI Reg-G Equity: ELSS Closed-end 25 Sep 24 Dec 500.00 Sundaram Long Term Tax Advantage Fund Series VI Direct-G Equity: ELSS Closed-end 25 Sep 24 Dec 500.00 Sundaram Long Term Tax Advantage Fund Series VI Direct-D Equity: ELSS Closed-end 25 Sep 24 Dec 500.00 Sundaram Long Term Tax Advantage Fund Series VI Reg-D Equity: ELSS Closed-end 25 Sep 24 Dec 500.00 Mirae Asset Equity Savings Fund Reg-G Hybrid: Equity Savings Open-ended 26 Nov 10 Dec 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit ICICI Pru Equity & Debt-DM Hybrid: Aggressive Hybrid Open-ended 07 Dec 2018 0.23 Reliance Q Interval Series III Retail-D Debt: FMP Open-ended 07 Dec 2018 0.00 Reliance Q Interval Series III Inst-D Debt: FMP Open-ended 07 Dec 2018 0.00 ICICI Pru Equity & Debt Direct-DM Hybrid: Aggressive Hybrid Open-ended 07 Dec 2018 0.19 Reliance Q Interval Series III Direct-D Debt: FMP Open-ended 07 Dec 2018 0.00 * 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 05-12-2018 1206.16 1213.94 -7.78 12098.79 7312.47 4786.32 04-12-2018 1582.09 1820.24 -238.15 11291.46 6338.31 4953.15 03-12-2018 2487.76 3248.01 -760.25 19406.98 9739.02 9667.96 30-11-2018 4097.55 2450.74 1646.81 8949.78 8168.62 781.16 29-11-2018 6554.05 5471.46 1082.59 12025.30 9716.80 2308.50 28-11-2018 3027.58 2927.48 100.10 13499.17 9911.17 3588.00 27-11-2018 2748.21 2411.10 337.11 11833.28 9030.63 2802.65 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 Aditya Birla Sun Life Gold Fund -Growth 10.0092 2.02 55.05 - - 0.51 HDFC Gold Direct Plan-Growth 10.3939 1.98 205.64 - - 0.05 Reliance Gilt Securities Fund Direct-Growth 25.6514 1.27 959.75 - - 0.69 Reliance Gilt Securities Fund Direct Defined Maturity Date-Growth 25.7195 1.27 959.75 - - 0.69 Reliance Gilt Securities Fund Institutional-Growth 24.3464 1.26 959.75 - - 1.59 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 Sundaram Long Term Tax Advantage Fund Series IV Direct - Growth 9.6522 -0.36 29.36 - 2.57 Sundaram Long Term Tax Advantage Fund Series IV Regular - Growth 9.6276 -0.37 29.36 - 3.15 Quantum Tax Saving Fund Direct-Growth 52.1100 -0.80 71.51 - 1.29 Quantum Tax Saving Regular - Growth 51.9600 -0.80 71.51 - 1.46 Aditya Birla Sun Life Tax Relief 96-Growth 30.0500 -0.81 6534.27 - 1.92 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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