Partial payments in 6 Franklin schemes processed

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THE ECONOMIC TIMES Fri, Jun 19, 2020 | 10:51 AM IST Mutual Funds Newsletter

Partial payments in 6 Franklin schemes processed Partial payment in the six shuttered Franklin Templeton schemes has been processed by the AMC after Vodafone repayed its dues. Investors got a message today about the processing part of their payments. Will ample liquidity, lower rates (thank Fed) help your equity and debt mutual funds? The US Federal Reserve signalling almost zero per cent interest rates for the next two years is likely to keep the party going in Dalal Street. 57% large cap funds fail to beat their benchmarks over 20 years. What should you do? All the fund manager has to do is to deliver reasonably higher returns than his benchmark index. How many `active' fund managers managed to do it? Sadly, not many. Over past 5 years, value investing has become less relevant, says Ajit Dayal The Demonetisation of 2016, the GST of 2017, the collapse of IL&FS of 2018 and the continued support by the political class of the real estate sector has led to a sharp slowdown in the Indian economy and a near-freeze of the banking system for over 2 years. Are debt funds still a credible choice for investors? All this produced panic in the debt markets and many papers turned illiquid. So the exit path was closed for those holding those illiquid papers. And Franklin Templeton had to shutter six of their schemes due to this. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 9.10 -4.01 -12.29 8.77 Invest Now Axis Bluechip Fund-Growth ★★★★★ 7.68 -5.14 -12.83 8.67 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 6.87 -0.82 -9.09 11.11 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 5.59 -2.15 -9.73 10.97 Invest Now HDFC Index Sensex Fund-Growth ★★★★★ 3.87 -12.15 -17.81 14.00 Invest Now FeaturedL&T Tax Advantage Fund Direct-Growth ★★★★★ -2.22 -13.24 -16.24 12.41 Invest Now Wait for incremental returns to turn positive before investing in arbitrage funds, says Radhika Gupta With returns in overnight and liquid funds falling amidst steep rate cuts from the RBI, arbitrage funds have been slowly gaining popularity., says Radhika Gupta, CEO, Edelweiss AMC. Poor performance, rumours hit balanced advantage funds Balanced Advantage Funds have seen an outflow of Rs 401.45 crore in May. Some financial planners say investors may be pulling out money because they have been disappointed by the performance of these schemes lately.

TERM OF THE WEEK Flash Crash Flash crash is nothing but a sudden crash (fall) in the stock prices.... read more

New Fund Offers Fund Name Category Type Open Close Min Inv BOI AXA Multi Cap Fund Direct-G Equity: Multi Cap Open-ended 10 Jun 26 Jun 5000.00 BOI AXA Multi Cap Fund Direct-D Equity: Multi Cap Open-ended 10 Jun 26 Jun 5000.00 BOI AXA Multi Cap Fund Reg-G Equity: Multi Cap Open-ended 10 Jun 26 Jun 5000.00 BOI AXA Multi Cap Fund Reg-D Equity: Multi Cap Open-ended 10 Jun 26 Jun 5000.00 Nippon India ETF Nifty IT Reg-G Equity: Sectoral-Technology Open-ended 24 Jun 25 Jun 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Nippon India Income-DQ Debt: Medium to Long Duration Open-ended 19 Jun 2020 0.55 Franklin India Corporate Debt A-DQ Debt: Corporate Bond Open-ended 19 Jun 2020 0.28 Franklin India Government Securities-DQ Debt: Gilt Open-ended 19 Jun 2020 0.22 Franklin India Savings Ret-DQ Debt: Money Market Open-ended 19 Jun 2020 0.22 Franklin India Life Stage FoF 50s Plus FR-DQ Hybrid: Conservative Hybrid Open-ended 19 Jun 2020 0.27 * 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 16-06-2020 3000.80 2473.45 527.35 7526.13 5112.71 2413.42 15-06-2020 2544.51 1973.35 571.16 8381.96 4619.55 3762.41 12-06-2020 3785.50 2301.90 1483.60 9047.46 5426.41 3621.05 11-06-2020 2256.66 2634.23 -377.57 7469.89 5052.29 2417.60 10-06-2020 2629.59 2058.01 571.58 9658.85 5635.79 4023.06 09-06-2020 3177.10 3683.62 -506.52 9412.89 6218.50 3194.39 08-06-2020 2723.54 4155.78 -1432.24 7048.45 5510.99 1537.46 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 Banking & Financial Services Fund Direct-Growth 15.3452 3.40 1424.43 - 1.16 SBI Banking & Financial Services Fund Regular-Growth 14.5691 3.37 1424.43 - 2.41 Invesco India Contra Fund Direct-Growth 48.8200 3.26 4531.95 - 0.92 Invesco India Contra Fund-Growth 44.2800 3.24 4531.95 - 1.86 Mirae Asset Tax Saver Fund Direct-Growth 17.2940 2.23 3164.03 - 0.45 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 Quant Tax Plan Direct-Growth 93.0956 4.57 9.55 - 0.57 Quant Tax Plan-Growth 89.8952 4.53 9.55 - 2.48 Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct-Growth 7.7355 3.25 81.25 - 1.20 Sundaram Long Term Micro Cap Tax Advantage Fund Series III Regular-Growth 7.5776 3.24 81.25 - 1.41 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular - Growth 6.4203 3.21 41.42 - 1.39 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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