Sebi RIA norms: Some mutual fund advisors brace for business disruptions

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THE ECONOMIC TIMES Fri, Oct 30, 2020 | 08:10 AM IST Mutual Funds Newsletter

Sebi RIA norms: Some mutual fund advisors brace for business disruptions The recent Amfi diktat of separating advisory and distribution business is a talking point in mutual fund industry, but some advisors say what nobody is speaking about is how the new certification norms will disrupt business continuity in several cases. Is the rally in gold mutual funds over? Not yet, say experts After a terrific run to around 60% returns in one year a few months ago, gold funds are currently offering 29.40% returns in one year, -3.00% returns in three months and 2.76% in one month. What will happen now, ask Franklin Templeton debt mutual fund investors Investors in shuttered Franklin Templeton is concerned about when they will get their money back after the Karnataka High Court verdict which said the fund house should not proceed with the winding up process without investors' consent. Niche mutual funds are in vogue, but are retail investors savvy enough? As mutual funds flooded the market with niche new products in the past six months, retail investors have shown appetite for them. The demand is probably because of tepid performances of existing equity-linked products, prompting investors to try something new. Nippon Life India AMC launches ETF Nifty CPSE Bond Plus SDL Fund The New Fund Offer (NFO) opens on 3rd November 2020 and closes on 9th November 2020. The minimum investment required during NFO is Rs 5,000 and in multiples of Re 1 thereafter. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 11.06 4.79 18.25 5.41 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 9.97 10.10 22.37 4.31 Invest Now Axis Bluechip Fund-Growth ★★★★★ 9.64 3.50 17.51 5.31 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 8.60 8.60 21.40 4.19 ICICI Prudential Sensex Index Fund Direct - Growth ★★★★★ 7.30 3.62 25.04 5.25 Invest Now Karnataka High Court asks Franklin MF to not proceed with winding up of schemes without investor consent "We are studying the order issued by the Hon'ble Karnataka High Court and will take appropriate steps in consultation with legal experts in the best interest of unit holders," said Franklin Templeton.​​​ Did your mutual fund advisor talk to you about medium duration schemes? Mutual fund circles are talking a lot of about medium duration debt funds these days. According to several mutual fund advisors and fund managers, medium durations schemes are likely to offer superior returns in the coming days.

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 Quant ESG Equity Fund Direct-G Equity: Thematic Open-ended 15 Oct 30 Oct 5000.00 Quant ESG Equity Fund Reg-D Equity: Thematic Open-ended 15 Oct 30 Oct 5000.00 Quant ESG Equity Fund Reg-G Equity: Thematic Open-ended 15 Oct 30 Oct 5000.00 Quant ESG Equity Fund Direct-D Equity: Thematic Open-ended 15 Oct 30 Oct 5000.00 Mahindra Manulife Focused Equity Yojana Direct-G Equity: Multi Cap Open-ended 26 Oct 09 Nov 1000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Technology-D Equity: Sectoral-Technology Open-ended 30 Oct 2020 2.50 Franklin India Opportunities-D Equity: Thematic Open-ended 30 Oct 2020 1.00 Franklin India Opportunities Direct-D Equity: Thematic Open-ended 30 Oct 2020 1.00 Franklin India Technology Direct-D Equity: Sectoral-Technology Open-ended 30 Oct 2020 2.50 ICICI Pru Multi Asset-D Hybrid: Multi Asset Allocation Open-ended 02 Nov 2020 0.16 * 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 22-10-2020 1512.42 2862.02 -1349.60 2595.58 1925.32 670.26 21-10-2020 2505.49 3902.60 -1397.11 4505.69 3596.88 908.81 20-10-2020 1987.17 2937.62 -950.45 8050.56 5130.89 2919.67 19-10-2020 2378.55 3846.59 -1468.04 6170.80 4441.66 1729.14 16-10-2020 1809.17 1886.84 -77.67 9110.68 6519.82 2590.86 15-10-2020 2200.73 3052.14 -851.41 9146.89 7091.23 2055.66 14-10-2020 2205.47 2979.44 -773.97 7924.06 5455.27 2468.79 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 Axis Long Term Equity Direct Plan-Growth 52.7335 1.69 21496.36 - 0.89 SBI Focused Equity Fund Direct Plan-Growth 159.7363 1.68 9833.97 - 0.81 SBI Focused Equity Fund-Growth 148.7560 1.66 9833.97 - 1.75 Quant Active Fund-Growth 224.7307 1.08 30.66 - 2.48 Edelweiss Government Securities Fund Regular-Growth 18.7538 0.95 59.88 - - 1.36 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 Axis Long Term Equity Direct Plan-Growth 52.7335 1.69 21496.36 - 0.89 Axis Long Term Equity Fund-Growth 48.4751 1.68 21496.36 - 1.72 Quant Tax Plan Direct-Growth 120.4657 0.66 13.49 - 0.57 Quant Tax Plan-Growth 115.5518 0.62 13.49 - 2.48 SBI Long Term Advantage Fund Series IV Direct - Growth 15.5339 0.41 145.29 - 0.88 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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