Mutual Funds - Wealth18.com

Jun192018 by wealth18.comNo Comments

Mutual Funds hit “Sell” button on these MidCap and Small Cap Stocks

Midcap and SmallCap has not been performing very well this year. Many of the Mutual funds houses have exited several midcap and smallcap stocks over the past quarter. Check you hold any of these stocks in your portfolio and then you can take a more informed view: BNP Paribas Asset Management key exits: Shankara Building Products, Bharti Infratel, Galaxy Surfactants and Inox Leisure. HSBC Asset management exited 23 stocks Axis Mutual Fund key exits: Shankara Building Products, Canfin Homes, Apollo Tyres, Ajanta Pharma, RBL Bank Canara Robeco Asset Management Key exits: SH Kelkar, Parag Milk Foods and Lakshmi Vilas Bank Birla Sunlife Key exits: Reliance Naval, Just Dial, Narayana Hrudayalaya and Engineering and Jubilant FoodWorks ...

Apr262017 by wealth18.comNo Comments

Now you can invest in Mutual funds via digital e-wallets

Mutual Funds, News

SEBI has issued guidelines for using e-wallets in Mutual funds investment. After demonetisation many people are using e-wallets and it will make it easier for them if mutual funds investment is allowed via e-wallet. Following are the guidelines: Investment upto Rs 50000 per mutual fund per financial year can be made using e-wallet. Further, this limit of Rs 50,000 would be an umbrella limit for investment by an investor through e-wallet and/or cash, per mutual fund per financial year. E-wallet's balance loaded through cash or debit card or net banking, can only be used for subscription to mutual funds schemes and balance loaded through credit card, cash back, promotional scheme etc. should not be allowed for subscription to MF schemes E-Wallet companies must not offer any incentive...

Mar12017 by wealth18.comNo Comments

[How to] Invest in Mutual funds in India – online / offline options

How to Series, Mutual Funds

Mutual funds are one of the best options for Retail investors to invest their money in different asset classes. It gives benefit of professional management of your money, offers liquidity, allow diversification and tax benefits. A. Quick overview of process to Invest in Mutual funds 1) Submit KYC Form – KYC is must for the first time investors and need to be done ONLY ONCE and valid for all Mutual fund houses. You need to submit KYC form along with the Proof of ID & Address. You can submit it to your nearest distributor, MF branches, authorised banks, CAMS / Karvy offices etc You can download the KYC application form here. Read - New Central KYC process must for new Mutual Fund Investors (Feb 2017). 2) Select a Mutual Fund & Scheme – Depending on your ti...

Feb112017 by wealth18.comNo Comments

CKYC – (Central Know Your Customer) mandatory for new Mutual fund investors

How to Series, Mutual Funds

From Feb 1, 2017, new investors in mutual funds will have to do CYKC (Central Know Your Customer) before investing. The CKYC will replace the existing KYC. What is CKYC? Central KYC Registry, or CKYCR, is the new central KYC process that will replace the multiple KYC process exists for various financial transactions, such as opening bank accounts, buying life insurance, and investing in mutual funds. The government has authorised the Central Registry of Securitisation and Asset Reconstruction and Security Interest of India (CERSAI) to manage the CKYC Registry process. What is the benefit by CKYC? CKYC is helpful to move investors to a single KYC platform. Before this, investors were required to complete KYC formalities with multiple agencies for various financial products. All the reco...

Jan192017 by wealth18.comNo Comments

CPSE ETF Jan 2017 Details & Review – Should you invest?

Mutual Funds

You may have been excited to invest by looking at Reliance Mutual Fund's new ad - Invest in 10 Maharatnas & Navratnas at 5 % discount! This advertisement is for further fund offer (FFO) of CPSE (Central Public Sector Enterprises) ETF (exchange traded fund). Issue Open : Jan 18 23017 Issue closes: Jan 20 2017 Discount: As part of the FFO, an upfront discount of 5% is being offered to all category of investors. What is CPSE ETF? CPSE ETF is an exchange traded fund based on central public sector enterprises (CPSE) index. It is managed by Reliance Mutual Fund and this will be the second CPSE ETF (the first CPSE ETF was launched in March 2014). The fund aims to provide investors the opportunity to invest in a diversified basket of public sector companies and benefit from the growt...

Jul272015 by wealth18.comNo Comments

Motilal Oswal Value Index (MOVI) Pack Plan – Details and Review

Mutual Funds

Motilal Oswal Value Index (MOVI) Pack Plan is a Systematic Transfer Plan from Motilal Oswal MOSt Ultra Short Term Bond Fund and Motilal Oswal MOSt 10 Year Gilt Fund to Motilal Oswal MOSt Focused 25 Fund, Motilal Oswal MOSt Focused Midcap 30 Fund and Motilal Oswal MOSt Focused Multicap 35 Fund The transfers will be enabled in the reverse as well. The plan enables allocation between debt and equity asset classes based on the Motilal Oswal Value Index (MOVI) levels. The aim is to take allocation decision based on the equity market valuations and not just market levels. The MOVI Index is calculated taking into account Price to Earnings, Price to Book and Dividend Yield of the CNX Nifty Index. NIFTY MOVI looks at the market levels in conjunction with the fundamentals of ...

Aug212014 by wealth18.comNo Comments

Quantum Long-Term Equity Fund (G) – Details & Review

Mutual Funds

Quantum Long-Term Equity Fund (G) is EQUITY - LARGE CAP Mutual Fund. This Scheme is RANKED 1 in this category for Qtr Mar-2014. This in an Open Ended Scheme with inestment objective to achieve long-term capital appreciation by investing primarily in shares of companies that will typically be included in the BSE 200 Index. Fund Category Equity - Large Cap Asset Size (Rs cr) 272.92 (Jun-30-2014) Fund Type Open Ended Minimum Investment 5000 Launch Date 25-Feb-06 Entry Load NA Fund Manager Atul Kumar / Nilesh Shetty Exit Load On redemption/switchout within 6 mths of allotment - 4%, > 6 mths < 12 mths - 3%, > 12 mths < 18 mths - 2%, > 18 mths < 24 mths - 1%, > 24 mths - Nil. Annualise...

Jul92014 by wealth18.comNo Comments

Franklin India Income Opportunities Fund – Details & Review

Mutual Funds

Franklin India Income Opportunities Fund / Templeton India Income Opportunities Fund Category - Debt Income AUM - Rs 3992 crores (30-6-2014) Minimum Investment - Rs 5000 Expense Ratio - 1.65% ( 31-3-2014) Exit Load - 3% for redemption within 180 days 2% for redemption between 181 - 365 days 1% for redemption between 366 - 540 days Fund's Performance AUM 1 year 2 year 3 Year 5 Year Rs crore Franklin Templeton India Income Oppor. (G) 3846 9.1 9.8 9.7 Fund's Portfolio Company Instrument Credit Rating % Assets Indian Bank 2014 Certificate of Deposit P1+ 4.95 10.55% JSW Steel 2017 Debenture AA 4.9 10.85% Incline Realty Pvt Ltd. 2016 Debenture AA+ 4.62 4% HPCL Mittal Pipelies 2021 Debenture AA- 3.66 Tata Sky 2017 Debenture A 3.54 11.35% Dew...

Jul92014 by wealth18.comNo Comments

Franklin India Corporate Bond Opportunities Fund – Details & Review

Mutual Funds

Franklin India Corporate Bond Opportunities Fund / Templeton India Corporate Bond Opportunities Fund Category - Debt (Income) AUM - Rs 6224 crores (30-6-2014) Minimum Investment - Rs 5000 Exit Load - 3% for redemption within 365 days , 2% for redemption between 366 - 720 days , 1% for redemption between 721 - 900 days Fund's Performance AUM 1 year 2 year 3 Year 5 Year Templeton Corporate Bond Opp. (G) 6224 9.5 10 Fund's Portfolio - Top Holdings Company Instrument Credit Rating % Assets 10.55% JSW Steel 2017 Debenture AA 4.76 Vijaya Bank 2014 Certificate of Deposit P1+ 3.91 JSW Techno Projects Management 2016 Debenture A 3.61 Tata Sky 2018 Debenture A 3.4 4% HPCL Mittal Energy 2022 Debenture AA- 2.57...

Jul92014 by wealth18.comNo Comments

Franklin Templeton India Short Term Income Plan – Retail Plan – Details & Review

Mutual Funds

Franklin India Short Term Income Plan is a Debt Plan ( Short Term) Launch date Jan 31 2002 Minimum Investment - Rs 5000 Exit Load - 0.5% for redemption within 1 year Expense ration - 1.52% (31-3-2014) AUM - Rs 9080 crore 9 as on 30-6-2014) Performance of Franklin Templeton India Short Term Income Plan - Retail Plan over last 5 years ( as on 9/7/2014) AUM 1 year 2 year 3 Year 5 Year Rs in crores Templeton (I) ST Income -Retail (G) 9080 9.1 9.8 9.7 8.7 Portfolio of Franklin Templeton India Short Term Income Plan - Retail Plan Instrument Credit Rating 1Y Range % Assets 10.55% JSW Steel 2017 Debenture AA 4.5 Andhra Bank 2014 Certificate of Deposit P1+ 3.83 Dewan Housing Fin. Corpn. 2019 Debenture AA+ 3.64 International Maritime & A...