Franklin begins repayment to investors in shut debt funds

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THE ECONOMIC TIMES Fri, Feb 19, 2021 | 08:10 AM IST Mutual Funds Newsletter

Franklin begins repayment to investors in shut debt funds After a wait of more than 10 months, investors in five of the six shuttered debt schemes of Franklin Templeton Mutual Fund received a portion of their money on Tuesday, which was lying as cash in these schemes. Market likely to have a good run for 2-3 years, but with volatility: Jinesh Gopani of Axis Mutual Fund Market may correct 5-7 per cent and volatility will be our friend, but market crashing because some people sitting outside want to invest, that is not going to happen. Best mutual fund categories for new investors to play Sensex @ 51K Many investors are waiting for a correction put in their fresh investments. However, with each passing day the Sensex has only been going up. Liquid fund returns are going down. What should debt mutual fund investors do? Liquid fund returns have been going down in the last six months. Many mutual fund investors have been asking about the performance of these schemes. Should mutual fund investors bet on sector funds for higher returns in the current market? We ask mutual fund advisors and financial planners every week for a list of frequently asked queries by their clients. This week we spoke to Subir Jha, Founder, BuckSpeak, a wealth management firm to understand what retail mutual fund investors should do about sectoral investments. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 18.84 22.09 30.13 4.86 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 18.76 30.48 32.27 6.77 Invest Now Axis Bluechip Fund-Growth ★★★★★ 17.33 20.57 29.34 4.74 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 17.20 28.52 31.22 6.63 Tata Index Sensex Direct ★★★★★ 15.71 26.57 32.94 5.59 Invest Now Best small cap funds to invest in 2021 Here is the list of our recommended small cap mutual fund schemes for January, 2021. This list is an update from our recommendation in December, last year. Why passive investing makes more sense for retail mutual fund investors? The mutual fund schemes can be classified into two broad categories based on the investment strategies – active investing and passive investing.

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 ITI Mid Cap Fund Direct-D Equity: Mid Cap Open-ended 15 Feb 01 Mar 5000.00 ITI Mid Cap Fund Reg-D Equity: Mid Cap Open-ended 15 Feb 01 Mar 5000.00 ITI Mid Cap Fund Reg-G Equity: Mid Cap Open-ended 15 Feb 01 Mar 5000.00 ITI Mid Cap Fund Direct-G Equity: Mid Cap Open-ended 15 Feb 01 Mar 5000.00 Kotak Nifty Next 50 Index Fund Reg-G Equity: Large Cap Open-ended 17 Feb 24 Feb 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Smaller Companies-D Equity: Small Cap Open-ended 19 Feb 2021 1.30 Franklin India Smaller Companies Direct-D Equity: Small Cap Open-ended 19 Feb 2021 1.30 Franklin India Equity Savings Fund Reg-DM Hybrid: Equity Savings Open-ended 19 Feb 2021 0.07 Franklin India Equity Savings Fund Reg-DQ Hybrid: Equity Savings Open-ended 19 Feb 2021 0.22 Franklin India Equity Savings Fund Direct-DM Hybrid: Equity Savings Open-ended 19 Feb 2021 0.07 * 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 16-02-2021 3197.85 4418.25 -1220.40 7687.90 5727.14 1960.76 15-02-2021 3086.92 3640.44 -553.52 5837.64 4108.42 1729.22 12-02-2021 2681.79 3411.84 -730.05 4474.46 3614.34 860.12 11-02-2021 2800.44 3760.62 -960.18 6146.44 5056.01 1090.43 10-02-2021 3350.85 5410.61 -2059.76 6785.99 7615.34 -829.35 09-02-2021 3143.95 5285.97 -2142.02 5792.67 6476.38 -683.71 08-02-2021 3973.61 4791.67 -818.06 4602.64 4918.81 -316.17 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 Thematic Advantage Fund (FOF)- Growth 103.3770 2.84 10.09 - 1.40 SBI Banking & Financial Services Fund Direct-Growth 25.6914 2.40 1853.90 - 1.00 SBI Banking & Financial Services Fund Regular-Growth 24.2025 2.38 1853.90 - 2.30 Quant Tax Plan Direct-Growth 159.9598 1.67 22.68 - 0.57 Quant Tax Plan-Growth 152.4096 1.63 22.68 - 2.48 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 Franklin India Taxshield Direct-Growth 775.7277 2.31 3883.29 - 1.05 Franklin India Taxshield-Growth 721.4454 2.30 3883.29 - 1.89 SBI Tax Advantage Fund Series III Direct Growth 44.2956 2.22 24.46 - 0.87 SBI Tax Advantage Fund Series III Regular Growth 43.0640 2.21 24.46 - 1.37 Sundaram Long Term Tax Advantage Fund Series III Direct - Growth 10.2649 2.16 42.20 - 1.20 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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