Around 60% returns in one year. Will the rally in pharma funds continue?

 

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THE ECONOMIC TIMES Fri, Jun 04, 2021 | 08:08 AM IST Mutual Funds Newsletter

Around 60% returns in one year. Will the rally in pharma funds continue? Pharma sector mutual funds have delivered over 60% returns in the last one year. These funds have been enjoying their spot under the sun since the covid-19 crisis struck the globe. Mutual funds add global stocks for higher returns At least six equity funds have taken direct exposure to shares of global companies. Franklin settlement application in debt fund closure case rejected The regulator is expected to pass an order in the FT case under Sections 11 & 11B of the Sebi Act soon, they said. Sebi has wide-ranging powers under these sections, including the ability to issue directions to any intermediary or person associated with the securities market to protect the interests of investors. Want more mutual fund options? Think about Factor Investing AMCs offering funds that focus on unique factors like quality, value, alpha and low volatility ETFs and index mutual funds. Which one is a better choice? As with everything in life, there are some things that you actively participate in and some others where you are passive. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 19.00 54.17 20.41 6.91 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 17.39 51.76 19.45 6.75 Axis Bluechip Fund Direct Plan-Growth ★★★★★ 17.13 48.50 16.35 6.63 Invest Now Axis Bluechip Fund-Growth ★★★★★ 15.67 46.70 15.66 6.51 Mirae Asset Large Cap Fund Direct- Growth ★★★★★ 15.60 58.03 20.44 7.48 Start SIP The importance of dynamic asset allocation in current volatile market Asset allocation involves dividing an investment portfolio among different asset categories, such as equity, debt, gold and others. Best focused equity mutual funds to invest in 2021 Focused mutual fund schemes are those equity mutual funds that follow a concentrated investment strategy with a limited number of stocks in their portfolio.

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 ITI Value Fund Reg-G Equity: Value Oriented Open-ended 25 May 08 Jun 5000.00 ITI Value Fund Direct-IDCW Equity: Value Oriented Open-ended 25 May 08 Jun 5000.00 ITI Value Fund Direct-G Equity: Value Oriented Open-ended 25 May 08 Jun 5000.00 ITI Value Fund Reg-IDCW Equity: Value Oriented Open-ended 25 May 08 Jun 5000.00 Kotak Nifty 50 Index Fund Reg-G Equity: Large Cap Open-ended 31 May 14 Jun 100.00 More >>

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit UTI Arbitrage Reg-IDCW Hybrid: Arbitrage Open-ended 07 Jun 2021 0.05 UTI Arbitrage Direct-IDCW Hybrid: Arbitrage Open-ended 07 Jun 2021 0.05 Nippon India Q Interval Series III Retail-IDCW Debt: FMP Open-ended 08 Jun 2021 - Nippon India Q Interval Series III Inst-IDCW Debt: FMP Open-ended 08 Jun 2021 - Nippon India Q Interval Series III Direct-IDCW Debt: FMP Open-ended 08 Jun 2021 - * 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 01-06-2021 132.59 71.01 61.58 426.74 421.73 5.01 31-05-2021 3765.91 3226.95 538.96 9432.92 9253.01 179.91 28-05-2021 4917.09 3489.31 1427.78 10030.83 11675.45 -1644.62 27-05-2021 5700.41 7472.48 -1772.07 9583.75 11707.81 -2124.06 26-05-2021 2955.16 2931.97 23.19 0.59 1.53 -0.94 25-05-2021 2901.77 3214.71 -312.94 8986.55 7604.24 1382.31 24-05-2021 3491.18 4150.94 -659.76 6783.94 6899.94 -116.00 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 Quant Infrastructure Fund-Growth 16.7348 2.83 7.39 - 2.48 Quant Infrastructure Fund Direct-Growth 17.3075 2.83 7.39 - 2.38 SBI Banking & Financial Services Fund Direct-Growth 25.7556 2.61 2305.81 - 0.91 SBI Banking & Financial Services Fund Regular-Growth 24.1730 2.58 2305.81 - 2.21 Mirae Asset Large Cap Fund Direct- Growth 75.6630 2.54 23403.17 - 0.53 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 UTI Long Term Advantage Fund Series III Direct-Growth 21.1173 3.17 249.86 - 1.43 UTI Long Term Advantage Fund Series III Regular-Growth 20.0248 3.16 249.86 - 1.43 UTI Long Term Advantage Fund - Series V Direct - Growth 14.2045 3.06 127.00 - 1.44 UTI Long Term Advantage Fund - Series V Regular - Growth 13.5381 3.06 127.00 - 1.44 Motilal Oswal Long Term Equity Fund Direct-Growth 26.0220 3.04 2049.33 - 0.72 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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