Should you book profits in mutual funds to keep your gains safe?

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THE ECONOMIC TIMES Fri, Sep 18, 2020 | 08:10 AM IST Mutual Funds Newsletter

Should you book profits in mutual funds to keep your gains safe? In the current uncertain situation, if your goal is 1-2 years away, you might take a call to redeem your funds. This will protect your corpus from the coming volatility. Moving from mutual funds to stocks? Remember these 4 points There has been a significant increase in the number of demat accounts opened since the Covid-enforced lockdown in India. There are both advantages and disadvantages of choosing this path. Most mutual fund categories continue to witness net outflows in August Most mutual funds categories witnessed net outflows in August as cautious investors continued to sell their investments and held on to cash, probably to tackle the uncertain environment created by the Covid pandemic. Bond market to stay volatile, fund managers caution debt MF investors The 10-year bond yield has been volatile in the last couple of weeks. The sharp uptick in the yields in the last week of August led to a dip in debt mutual fund NAVs. The yields have started hardening once again after a small respite in the first week of September. Too much diversification in mutual funds driving you to direct stocks? Here is a way out This is a theory that has gained strength among mutual funds lately. Mutual fund managers play it too safe by diversifying a lot. That is the reason why most mutual fund schemes have been failing to keep pace with the market in the last few years. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 10.04 9.97 15.59 2.40 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 9.21 18.45 25.56 2.24 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.63 8.63 14.86 2.29 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.85 16.79 24.64 2.09 HDFC Index Sensex Fund-Growth ★★★★★ 7.10 7.13 28.09 2.43 Have a longer horizon, don't expect quick returns, says Vinit Sambre of DSP MF "Just to put it into perspective, the Nifty Midcap 100 index has fairly quickly recovered over 65% from its recent lows in March'20 and is now barely 5% away from its recent peak achieved pre-Covid in January '20." L&T Emerging Businesses Fund: should you hold or sell? Many investors are nervous about the short-term performance of L&T Emerging Businesses Fund. We have spoken to an independent mutual fund advisor and the fund manager to find out their views on the the scheme.

TERM OF THE WEEK Affordable Housing Affordable housing refers to housing units that are affordable by that section of society ... read more

New Fund Offers Fund Name Category Type Open Close Min Inv Axis Global Equity Alpha Fund of Fund Reg-G Equity: International Open-ended 04 Sep 18 Sep 5000.00 Axis Global Equity Alpha Fund of Fund Reg-D Equity: International Open-ended 04 Sep 18 Sep 5000.00 Axis Global Equity Alpha Fund of Fund Direct-D Equity: International Open-ended 04 Sep 18 Sep 5000.00 Axis Global Equity Alpha Fund of Fund Direct-G Equity: International Open-ended 04 Sep 18 Sep 5000.00 SBI Magnum Children?s Benefit Fund - Investment Plan Reg-G Hybrid: Aggressive Hybrid Open-ended 08 Sep 22 Sep 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Corporate Debt A-DQ Debt: Corporate Bond Open-ended 18 Sep 2020 0.28 Franklin India Corporate Debt A-DH Debt: Corporate Bond Open-ended 18 Sep 2020 0.55 Franklin India Government Securities-DQ Debt: Gilt Open-ended 18 Sep 2020 0.22 Franklin India Savings Ret-DQ Debt: Money Market Open-ended 18 Sep 2020 0.22 Franklin India Life Stage FoF 50s Plus FR-DQ Hybrid: Conservative Hybrid Open-ended 18 Sep 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 15-09-2020 118.85 127.81 -8.96 713.06 399.94 313.12 14-09-2020 3621.33 4292.82 -671.49 5271.94 5365.51 -93.57 11-09-2020 1818.09 2582.53 -764.44 6423.20 9436.02 -3012.82 10-09-2020 1871.30 2168.96 -297.66 8020.96 5786.87 2234.09 09-09-2020 2499.83 2431.19 68.64 4082.66 5697.01 -1614.35 08-09-2020 2532.63 2250.86 281.77 7873.97 8245.94 -371.97 07-09-2020 1732.80 1985.23 -252.43 5149.84 5539.12 -389.28 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 Invesco India Mid Cap Fund Direct-Growth 61.2500 5.68 739.23 - 0.96 SBI Small Cap Fund Direct-Growth 66.2742 5.22 3336.17 - 0.99 SBI Small Cap Fund-Growth 60.7714 5.20 3336.17 - 1.91 DSP Midcap Direct Plan-Growth 66.6320 5.06 6370.74 - 1.01 DSP Midcap Regular Plan-Growth 62.7830 5.04 6370.74 - 1.93 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 Tax Advantage Fund Series III Direct Growth 34.8901 7.05 18.48 - 0.88 SBI Tax Advantage Fund Series III Regular Growth 33.9897 7.04 18.48 - 1.38 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular - Growth 6.9556 6.54 27.22 - 1.39 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct - Growth 7.2079 6.54 27.22 - 1.11 Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct - Growth 7.6504 6.44 31.56 - 1.07 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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