Thursday, 27 February 2020

Best corporate bond mutual funds to invest in 2020

THE ECONOMIC TIMES
Fri, Feb 28, 2020 | 08:14 AM IST

Mutual Funds Newsletter

Best corporate bond mutual funds to invest in 2020

As per Sebi mandate, corporate bond funds must invest at least 80 per cent of their corpus in the highest-rated corporate bonds.

Can you bank on aggressive hybrid schemes to create wealth over a long period?

Different asset classes have different risk profiles. Risk and returns are directly related but risk is a double-edged sword.

Should you opt for the new `Smart SIP' way of investing?

To attract more investors to mutual fund schemes and offer innovative ideas, fund houses have added several new features to the plain vanilla SIP option over the years to complement the regular form of investing and help in the accumulation of wealth faster.

Should retail mutual fund investors choose ETFs and FoFs?

There are many Exchange Traded Funds (ETFs) and Fund of Funds (FoF)s in the market and they are attracting the attention of media these days. Though these products have their uses, many of them do not fit into the portfolio of retail mutual fund investors.

Is it time to look closely at floater debt mutual funds?

A top performing floating rate mutual fund (or floater fund, as they are officially called) is offering double-digit returns in the last one year. No wonder, many conservative debt mutual fund investors have suddenly became curious about the floater fund category.

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
18.99 22.56 12.54 1.05
Invest Now
Axis Bluechip Fund-Growth
★★★★★
17.45 21.16 11.91 0.96
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
14.34 21.45 15.38 -0.10
Invest Now
Canara Robeco Bluechip Equity Fund Regular-Growth
★★★★★
13.03 19.97 14.62 -0.18
Invest Now
Sundaram Select Focus Fund Regular-Growth
★★★★★
12.72 16.11 8.87 -2.32
FeaturedICICI Prudential Corporate Bond Fund Direct Plan -Growth
★★★★
8.13 10.86 4.73 1.15
Invest Now
Best arbitrage mutual funds to invest in 2020

Here is our recommended arbitrage mutual funds you may consider to invest your surplus cash for a short period.

Sundaram Balanced Advantage Fund: NFO review

The NFO of Sundaram Balanced Advantage Fund would remain open for subscription till February 28. The scheme reopens for ongoing subscription and redemption from March 12.

TERM OF THE WEEK
New Fund Offers
Fund Name Category Type Open Close Min Inv
Tata Multi Asset Opportunities Fund Direct-G Hybrid: Multi Asset Allocation Open-ended 14 Feb 28 Feb 5000.00
Tata Multi Asset Opportunities Fund Direct-D Hybrid: Multi Asset Allocation Open-ended 14 Feb 28 Feb 5000.00
Tata Multi Asset Opportunities Fund Reg-G Hybrid: Multi Asset Allocation Open-ended 14 Feb 28 Feb 5000.00
Tata Multi Asset Opportunities Fund Reg-D Hybrid: Multi Asset Allocation Open-ended 14 Feb 28 Feb 5000.00
Edelweiss US Technology Equity Fund of Fund Direct-G Equity: International Open-ended 14 Feb 28 Feb 5000.00
More >>
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
Canara Robeco Equity Tax Saver Reg-D Equity: ELSS Open-ended 28 Feb 2020 0.97
DSP Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 28 Feb 2020 0.19
Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 28 Feb 2020 0.07
Nippon India Pharma-D Equity: Sectoral-Pharma Open-ended 28 Feb 2020 4.50
Franklin India Smaller Companies-D Equity: Small Cap Open-ended 28 Feb 2020 1.18
* 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
26-02-2020 2725.98 1261.37 1464.61 4040.26 3032.21 1008.05
25-02-2020 3295.62 1722.22 1573.40 8687.21 10018.07 -1330.86
24-02-2020 3255.10 3484.63 -229.53 14044.38 10535.64 3508.74
20-02-2020 2503.88 3259.99 -756.11 8250.16 7054.16 1196.00
19-02-2020 2624.76 1917.77 706.99 1.19 0.59 0.60
18-02-2020 3304.82 3128.96 175.86 11049.91 9925.73 1124.18
17-02-2020 2483.11 2291.06 192.05 10769.22 10472.22 297.00
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
Kotak Gold Fund Direct-Growth 18.2552 3.61 194.51 - - 0.60
Kotak Gold Fund Regular-Growth 17.6683 3.61 194.51 - - 0.60
IDFC Government Securities Investment Plan Direct-Growth 26.5089 0.38 470.54 - - 0.42
Edelweiss Dynamic Bond Fund Direct-Growth 23.0328 0.30 51.25 - - 0.29
Nippon India Gilt Securities Fund Direct-Growth 30.2572 0.29 1090.76 - - 0.69
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
SBI Long Term Advantage Fund Series III Direct Growth 14.9639 0.33 48.75 - 0.88
SBI Long Term Advantage Fund Series III Regular Growth 14.3655 0.32 48.75 - 1.38
SBI Long Term Advantage Fund Series II Direct Growth 15.0895 0.21 26.24 - 1.05
SBI Long Term Advantage Fund Series II Regular Growth 14.7913 0.20 26.24 - 1.40
SBI Tax Advantage Fund Series III Direct Growth 31.1648 0.19 21.44 - 0.88
Click here to view all TMF ( All Ratings) >>

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