Mint50: Hand-picked mutual funds to build your portfolio

Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns

Most mutual funds underperformed benchmarks during 2014-19 period: Report

• 40% of large cap mutual funds underperformed the benchmark
• Typically, asset management companies say one must invest in mutual funds for the medium to long-term and see through near-term volatilities

Mutual funds investment in REITs, InvITs climbs 58% to ₹980 crore in January

• Fund managers infused ₹71 crore in real estate investment trusts
• Fund managers infused ₹909 crore in infrastructure investment trusts

Mint50: Hand-picked mutual funds to build your portfolio

Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns

Having a nominee for your MFs can ease the transmission process after death

• In the absence of nomination, the claimants have to provide documents such as death certificate, Will or other proofs of entitlement to be able to establish their claim on the mutual fund units
• You can change the nomination anytime after it is made by cancelling the existing nomination or making a fresh one, which will overwrite the existing one

How concentrated is your mutual fund scheme?

• Diversified funds, too, can hold a concentration of their larger holdings and a much more diversified portfolio among the smaller holdings
• Here is a list of funds with the highest concentration of top 10 holdings

Why debt MFs are giving negative returns and what you should do about it

There is a reason for interest rates to come down, so it’s a good time to invest

CAMS data shows arbitrage and debt fund exodus, steady equity flows

• Equity funds (including ELSS) received a net inflow of ₹10,144 crore in the month of March, almost in line with 10,795 crore flows received in the month of February
• The numbers look quite encouraging given the fact that equity markets registered their worst ever monthly fall in the month of March

Is your mutual fund buying or selling stocks too much?

• If the portfolio turnover is greater than 100%, that typically means that the manager has churned the portfolio once over, completely
• A high turnover is not necessarily bad, but a consistently high turnover is not desirable unless the inherent strategy of the scheme calls for a high churn

AMFI warns of disruptions to mutual funds in Covid-19 lockdown

• AMFI highlighted three broad areas of disruption because of coronavirus-related restrictions in Mumbai
• AMFI asked Sebi to view mutual funds’ inability to comply with regulatory circulars and timelines leniently in view of the exceptional circumstances.

Mutual fund SIP investments rose 5.2% to over ₹8,500 crore last month

• SIP continued to be the preferred route for retail investors to invest in mutual funds as it helps them reduce market timing risk
• Inflows into SIPs have averaged over ₹8,200 crore for the 12 months till February

Cash calls may not always work for mutual funds

• Don’t choose a fund based on its cash holding, instead evaluate parameters such as long-term returns, portfolio risk and the fund manager’s strategy
• It is difficult to isolate a scheme’s outperformance from taking cash calls from, say, picking good stocks

Mutual fund costs matter

Here are the funds that charge the lowest expense ratios in the industry for the equity category

Mint50: Hand-picked mutual funds to build your portfolio

Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns

Wrong advice can upset money goals

• Wrong advice can upset money goals
• The longer you take to fix your mistakes, the more difficult it becomes to achieve your financial goals

Direct AT1 bond investors the worst hit. Here’s why

• There are different regulations on investments in AT1 bonds for different products
• Several funds saw their exposure to AT1 bonds issued by Yes Bank move far above the 10% limit and lost a lot of money

Is your mutual fund holding too much cash?

• Equity funds usually have low cash levels as these schemes are vehicles meant for long-term investments
• Here’s a list of funds with the highest cash levels

Yes Bank crisis: MFs plan to challenge RBI’s resolution plan

• As part of the rescue plan, State Bank of India will infuse ₹2,450 crore into Yes Bank
• RBI’s resolution plan allows equity holders of Yes Bank to retain some value while completely writing off AT1 bonds

‘Girl with a broken neck’ builds a ₹30,000 crore Indian mutual fund house

• 'Celebrate all your perfections. Celebrate all your imperfections' says Radhika Gupta, CEO at Edelweiss Asset Management Limited, in a video
• Gupta and her staff are seeking to increase the company’s assets under management to ₹3 lakh crore by 2025

Coronavirus or not, top India midcap mutual fund manager bets on consumers

• Akash Singhania oversees Motilal Oswal AMC’s Midcap 30 Fund, which has beaten 93% of peers in the past year
• 'We are bullish on consumption', says the fund manager