Browsing: funds

[ad_1] As gilt funds have started looking attractive, investors are gradually betting on them for higher long-term returns. In the six months to June this year, these funds have reported net inflows of Rs 5,530 crore as compared with net outflows of Rs 1,254 crore during the same period last year. Gilt funds are a type of debt mutual fund schemes that invest in government securities issued by the central and state governments of varying maturities. They do not have credit risk but carry interest rate risks. Yields on the longer end are attractive for long-term allocators and investors with…

[ad_1] Best-performing Flexi Cap Mutual Funds in 3 years (till July 21, 2023): There is a wide variance between the top and low-performing flexi cap mutual fund schemes in three years. There is a gap of around 25% in the returns of the lowest and top-performing flexi cap fund in 3 years. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing on July 23 shows that the top-performing Flexi Cap Fund in three years has given an annualised return of 39% under the direct plan while the lowest-performing scheme has given…

[ad_1] Top-performing Tax Saving Mutual Funds in 3 years (till July 20, 2023): Investments up to Rs 1.5 lakh per year in an Equity-Linked Savings Scheme (ELSS) qualify for deduction under Section 80C of the Income Tax Act. These schemes are also known as tax-saving mutual funds. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that direct plans of as many as 13 tax-saving funds have given over 27% annualised returns in 3 years. These schemes have also beaten their respective benchmark indices in three years. Of these, 10…

[ad_1] Best-performing Small Cap Mutual Funds in 3 years (till July 19 2023): Most of the small-cap funds have given high returns to investors in three years. While the direct plan of the top-performing Small Cap scheme has given over 58% annualised returns in this duration, some low-performing small cap funds have also given over 34% annualised returns in 3 years. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing on July 20 shows that as many as 11 Small Cap funds have given over 43% annualised returns in three years…

[ad_1] Best-performing Tax-Saving (ELSS) Mutual Funds in 3 years (till July 14 2023): There is a wide variance in returns of tax-saving ELSS mutual fund schemes in three years. While the direct plan of the top-performing scheme has given over 40% annualised returns in this duration, some low-performing tax-saving schemes have given less than 20% annualised returns in 3 years. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that as many as 11 tax-saving funds have given over 28% annualised returns in three years under their direct plans. The…

[ad_1] With the Nifty scaling the 19,500-mark, an all-time high, many individuals may be a bit apprehensive about putting fresh money into equity-related investments. Experts suggest individuals should avoid investing lumpsum and instead stagger their investments through systematic transfer plans (STPs) through mutual funds. As the indices across market caps are trading marginally above long-term average valuations, the probability of a substantial near-term loss is reduced in case of STP as investors get the benefit of averaging. It enables a disciplined and planned transfer of a fixed amount between two mutual fund schemes —from a low-risk option, such as a…

[ad_1] Best-performing Mid Cap Mutual Funds in 3 years ( till July 14, 2023): A majority of Mid Cap Mutual Fund schemes have performed well in three years. As per data on the website of Association of Mutual Funds in India (AMFI) at the time of writing, as many as 10 mid-cap funds have given over 34% returns under their direct plans. The regular plans of these schemes have also given over 32% returns. Data shows that direct plans of as many as 9 Mid Cap Funds have also beaten the performance of their respective benchmark indices in three years.…

[ad_1] The month of June witnessed notable changes in the sector and stock allocation of mutual funds. Private banks (17.4%) were the top sector holding for MFs during the month, followed by technology (9.3%), NBFCs (8.9%), autos (8.2%), and capital goods (7%), according to data from Motilal Oswal Financial Services. On a month-on-month (MoM) basis, weights of NBFCs, healthcare, automobiles, capital goods, utilities, retail, metals and insurance increased, while those of private banks, technology, consumer, oil & gas, public sector banks, and infrastructure declined. With a 50-basis-point increase month-on-month, NBFCs’ weight stood at an all-time high of 8.9%. Capital goods’…

[ad_1] Best-performing Large & Mid Cap Mutual Fund Schemes in 1 year (till July 13, 2023): Most of the Large & Mid Cap Fund schemes had a good run in one year, giving over 20% annualised returns under their direct plans till July 13, as per data on the website of Association of Mutual Funds in India (AMFI) at the time of writing. Data shows that direct plans of as many as 11 Large & Mid Cap Funds have also beaten the performance of their respective benchmark indices in one year. Regular plans of most of these 11 schemes have…

[ad_1] Mutual Fund (MF) SIP calculation: Multi Cap funds seem to be back in trend with at least two large mutual fund houses planning to launch new multi-cap funds this month. Data on AMFI’s website at the time of writing (July 13) shows that long-run multip cap funds have given over 15% annualised returns in 10 years under both direct and regular plans. The five top-performing multi-cap funds have given over 17% returns under their direct plans. SIP calculation shows that a monthly investment of Rs 25,000 in any of these 5 top-performing multi-cap funds in 10 years would have…