How to create Rs 1 crore for your kid’s higher education?

THE ECONOMIC TIMES Fri, Apr 26, 2019 | 08:10 AM IST Mutual Funds Newsletter

How to create Rs 1 crore for your kid's higher education? Most parents are anxious to safeguard the future of their children. They believe a sound education is key to that. No wonder, we get countless queries about how to create a large corpus for the higher education of children. Do equity mutual funds offer higher returns in election years? We looked at the annual returns of equity mutual funds since 1999. Scared of pure equity schemes? Try conservative hybrid mutual funds to fund your retirement Mutual fund advisors ask investors to consider investing in equity mutual fund schemes to fund their long-term financial goals. Easiest way to build a mutual fund portfolio? Most mutual fund advisors and financial planners advocate goal-based investments in mutual funds. They believe that this strategy is alone enough to stitch together a mutual fund portfolio consisting various mutual fund schemes. For example, you are supposed to choose debt mutual funds for short—term goals below three years. For long-term goals you may choose equity mutual funds in line with your risk profile. This would help you create a mutual fund portfolio easily. Are balanced advantage mutual funds really safe? Balanced advantage fund is a new category introduced by Sebi at the time of recategorisation in October 2017. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 2.36 22.23 9.28 21.22 JM Core 11 Fund-Growth 2.19 20.99 7.74 19.66 Reliance Large Cap Fund Direct-Growth 2.29 15.84 10.30 17.24 Axis Bluechip Fund Direct Plan-Growth 3.03 16.01 10.97 16.39 Reliance Large Cap Fund-Growth 2.22 15.28 9.21 16.00 FeaturedDSP Strategic Bond Direct Plan-Growth ★★★★★ -0.60 6.03 8.71 7.00 Start SIP Best conservative hybrid schemes to invest in 2019 Conservative hybrid schemes must invest 75-90 per cent of the corpus in debt instruments and 10-25 per cent of the corpus in equity or stocks. How to secure a regular, tax-efficient income from mutual funds? Many elderly mutual fund investors who used to bank on aggressive hybrid funds, perhaps wrongly, to secure a regular income via dividends are unhappy these days.

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New Fund Offers Fund Name Category Type Open Close Min Inv Principal Small Cap Fund Reg-D Equity: Small Cap Open-ended 22 Apr 06 May 5000.00 Principal Small Cap Fund Direct-G Equity: Small Cap Open-ended 22 Apr 06 May 5000.00 Principal Small Cap Fund Reg-G Equity: Small Cap Open-ended 22 Apr 06 May 5000.00 Principal Small Cap Fund Direct-D Equity: Small Cap Open-ended 22 Apr 06 May 5000.00 Mirae Asset Focused Fund Reg-D Equity: Multi Cap Open-ended 23 Apr 07 May 5000.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit DSP Equity & Bond-D Hybrid: Aggressive Hybrid Open-ended 26 Apr 2019 0.19 Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 26 Apr 2019 0.07 Franklin India Dynamic PE Ratio FoF-D Hybrid: Dynamic Asset Allocation Open-ended 26 Apr 2019 0.44 SBI Arbitrage Opportunities-D Hybrid: Arbitrage Open-ended 26 Apr 2019 0.05 ICICI Pru Equity Arbitrage-D Hybrid: Arbitrage Open-ended 26 Apr 2019 0.08 * 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 24-04-2019 2102.95 2654.68 -551.73 8244.78 6311.53 1933.25 23-04-2019 2313.08 1849.05 464.03 8980.21 8384.04 596.17 22-04-2019 1759.30 1796.69 -37.39 8158.74 5266.45 2892.29 18-04-2019 2010.05 2168.96 -158.91 10493.33 8657.60 1835.73 16-04-2019 3168.41 3169.97 -1.56 9120.91 8062.34 1058.57 15-04-2019 3025.23 2464.29 560.94 10930.55 7765.07 3165.48 12-04-2019 2137.12 2149.08 -11.96 8842.69 15364.65 -6521.96 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 Kotak Equity Arbitrage Fund Direct-Growth 27.3374 0.20 12042.59 - 0.49 Kotak Equity Arbitrage Fund Regular-Growth 26.5039 0.19 12042.59 - 0.97 Mahindra Liquid Fund Direct -Growth 1217.4360 0.14 2980.43 - - 0.12 Essel Liquid Fund-Growth 2059.6607 0.13 538.48 - - 0.20 Franklin India Liquid Fund Super Institutional Plan-Growth 2801.9023 0.13 10387.20 - - 0.86 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 SBI Tax Advantage Fund Series III Direct Growth 24.7365 -0.24 19.53 - 1.77 SBI Tax Advantage Fund Series III Regular Growth 24.2663 -0.25 19.53 - 2.91 Axis Long Term Equity Direct Plan-Growth 47.4253 -0.31 17618.22 - 0.84 Axis Long Term Equity Fund-Growth 44.1396 -0.33 17618.22 - 1.77 SBI Long Term Advantage Fund Series I Direct Growth 13.6772 -0.36 34.06 - 1.77 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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