Mutual Funds

Here’s what the top three asset managers bought and sold.
The interest rates are attractive when compared to what banks are offering on their fixed deposits
The interest rates are attractive when compared to what banks are offering on their fixed deposits

L&T Finance NCD issue: should you invest?

  • The face value of each debenture is 1,000, and the minimum application amount is 10,00
  • The lowest tenure of the NCD is 36 months where a retail investor will receive 8.45% interest

Savings is our opportunity to capture and secure our wealth. Photo: iStock
Consider the impact various taxes have on your mutual fund returns as post-tax return is what you finally get (Photo: iStock)
Consider the impact various taxes have on your mutual fund returns as post-tax return is what you finally get (Photo: iStock)

Four things that can be a drain on your mutual fund returns

  • Scrutinize the impact that expense ratio, portfolio turnover, exit load and tax rules have on your returns
  • Evaluate a fund’s ability to outperform the benchmark before signing up for higher expense ratios

As an investor you can change your mutual fund distributor simply by filing a form to that effect. Photo: iStock
Investors booked profits as benchmark equity indices rose 1.6% in November (Photo: Reuters)
Among debt-oriented schemes, overnight funds — invest in securities with a maturity of one day — received flows worth about  ₹20,650 crore, the highest among the fixed-income segment last month
Among debt-oriented schemes, overnight funds — invest in securities with a maturity of one day — received flows worth about 20,650 crore, the highest among the fixed-income segment last month

Mutual funds' asset base hits all-time high of 27 lakh crore in November

  • Fund managers attributed growth in the asset base to strong inflows of around 51,000 cr in debt-oriented schemes
  • Mutual fund houses witnessed an overall inflow of 54,419 cr last month as compared to 1.33 lakh cr in October

Chandresh Nigam, MD and CEO, Axis Mutual Fund
The advantage of liquidity will only be known once the ETF actually starts trading on the stock exchange (Photo: iStock)
The advantage of liquidity will only be known once the ETF actually starts trading on the stock exchange (Photo: iStock)

Should you subscribe to newly launched Bharat Bond ETF?

  • It is a good option for investors seeking low risk, predictable return and a reasonable level of liquidity
  • The ETF will hold bonds to maturity and, hence, you will lock in the yield prevailing at the time of investment

Photo: Mint
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)

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

Bharat Bond ETF: The minimum investment amount will be  ₹1000
The debate between active and passive investing has been long and inconclusive. (Photo: iStock)
The average return of small cap funds in India over the past year is -0.86% and the average return of mid cap funds is 4.32%. (Mint)
The average return of small cap funds in India over the past year is -0.86% and the average return of mid cap funds is 4.32%. (Mint)

Worried about falling GDP growth? These 3 mutual funds can insulate you

  • Corporate profits are tied to GDP figure and hence your equity mutual fund returns will also be several impacted by the slowdown
  • International funds based out of India, invest in most of the world's major geographies including the USA, Europe, Japan, China and even Brazil

KFin is currently RTA for 23 different mutual funds
when a star fund manager departs, we put the fund on a watchlist, until the robustness of the above model is proven, says Shyam Sunder, Managing director, PeakAlpha Investment
when a star fund manager departs, we put the fund on a watchlist, until the robustness of the above model is proven, says Shyam Sunder, Managing director, PeakAlpha Investment

What should investors do when a star fund manager exits?

The mutual fund industry has seen many fund manager exits in the last few years. The exit of a fund manager is an event that investors can’t ignore. Renu Yadav spoke to experts to find out what the best way for investors to handle a manager’s exit is

Altogether 12 schemes of SBI Mutual Fund had exposure to the company, many of them close ended funds that are set to mature in 2020. (Photo: iStock)
Altogether 12 schemes of SBI Mutual Fund had exposure to the company, many of them close ended funds that are set to mature in 2020. (Photo: iStock)

SBI Mutual Fund writes down its entire exposure to Reliance Home Finance

  • SBI Mutual Fund had earlier on 28th June 2019, written down its exposure to Reliance Home Finance by 75% and its current write down wipes out the balance 25% value of this debt
  • SBI Mutual Fund had an exposure of around 800 crore to the Reliance Home Finance of which the remaining 200 crore was written off

Credit Risk Funds have been in the eye of the storm in India’s ongoing debt crisis (Photo: iStock)
Credit Risk Funds have been in the eye of the storm in India’s ongoing debt crisis (Photo: iStock)

HDFC Mutual Fund writes down exposure to Simplex Infrastructures

  • The paper was present in HDFC Credit Risk Fund but constituted a relatively modest 0.73% of assets on the date of the downgrade or 124.11 crore
  • On 26th November, CARE Ratings downgraded bank facilities worth 10,500 crore and NCDs worth 495 crore issued by Simplex from BBB to BB+

Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon  (Photo: iStock)
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)

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

Photo: iStock