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Time of India
01-07-2025
- Business
- Time of India
Beyond JioBlackRock: Eight other mutual fund NFOs open for subscription this week
Tired of too many ads? Remove Ads JioBlackRock Liquid Fund Tired of too many ads? Remove Ads JioBlackRock Money Market Fund JioBlackRock Overnight Fund Tired of too many ads? Remove Ads TRUSTMF Multi Cap Fund ICICI Pru Nifty Private Bank Index Fund Nippon India MNC Fund Sundaram Multi-Factor Fund Groww Nifty 50 ETF Invesco India Income Plus Arbitrage Active FoF Groww Nifty 50 Index Fund JM Large & Mid Cap Fund Around 11 mutual fund NFOs are currently open for subscription, of which three are from JioBlackRock Mutual Fund and eight others are from different fund houses. JioBlackRock Liquid Fund TRUSTMF Multi Cap Fund , and ICICI Pru Nifty Private Bank Index Fund are open for India MNC Fund, Sundaram Multi-Factor Fund, Groww Nifty 50 ETF, Invesco India Income Plus Arbitrage Active FoF, Groww Nifty 50 Index Fund, and JM Large & Mid Cap Fund are upcoming NFOs and will open for subscription later this 11 funds include two index funds, two thematic funds, a large & mid cap fund, a multi cap fund, a money market fund, a liquid fund, an ETF, and a fund of funds investing Read | JioBlackRock Liquid Fund NFO to open on June 30. A safe bet for regular income? JioBlackRock Liquid Fund is an open-ended liquid scheme with relatively low interest rate risk and relatively low credit risk. The new fund offer (NFO) is currently open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market and debt instruments with residual maturity of up to 91 scheme will be benchmarked against the Nifty Liquid Index A-I and will be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. The fund will allocate 0–100% of its assets to debt instruments and money market instruments with residual maturity of up to 91 Money Market Fund is an open-ended debt scheme investing in money market instruments with relatively low interest rate risk and moderate credit risk. The NFO is open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising money market instruments with residual maturity of up to one scheme will be benchmarked against the NIFTY Money Market Index A-I and managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. The exit load on this money market fund is scheme will allocate 0–100% of its assets to money market instruments having residual maturity of up to one Read | NFO Update: ICICI Prudential Mutual Fund launches Nifty Private Bank Index Fund JioBlackRock Overnight Fund is an open-ended debt scheme investing in overnight securities, with relatively low interest rate risk and relatively low credit risk. The NFO is open for subscription and will close on July investment objective of the scheme is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity. The scheme will be benchmarked against the Nifty 1D Rate fund will allocate 0–100% of its assets to overnight securities or debt and money market instruments maturing on or before the next business Multi Cap Fund is an open-ended equity scheme investing in large-cap, mid-cap, and small-cap stocks. The NFO is open for subscription and will close on July fund will be benchmarked against the NIFTY 500 Multi Cap 50:25:25 TRI and managed by Mihir Vora and Aakash minimum amount for purchase (including switch-in) is Rs 1,000 and in multiples of any amount thereafter. The minimum amount for a monthly SIP is Rs 1,000 (plus in multiples of any amount) with at least six fund will allocate 75–100% of its assets to equity and equity-related instruments of large-cap, mid-cap, and small-cap companies, 0–25% in debt and money market instruments (including cash & cash equivalents), and 0–10% in units issued by REITs and Pru Nifty Private Bank Index Fund is an open-ended index scheme replicating the Nifty Private Bank Index. The NFO is open for subscription and will close on July fund will be benchmarked against the Nifty Private Bank TRI and managed by Nishit Patel and Ashwini Shinde. The exit load is minimum amount for daily, weekly, fortnightly, and monthly SIPs is Rs 1,000 (plus in multiples of Re 1) with at least six instalments. For quarterly SIPs, the minimum is Rs 1,000 (plus in multiples of Re 1) with at least four India MNC Fund is an open-ended equity scheme following a multinational company (MNC) theme. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the NIFTY MNC TRI and managed by Dhrumil Shah and Kinjal minimum application amount is Rs 500 and in multiples of Re 1 thereafter. The scheme will allocate 80–100% of assets to equity and equity-related instruments of MNCs, 0–20% to equity instruments of companies other than MNCs, and 0–20% to debt and money market Multi-Factor Fund is an open-ended equity scheme that follows a multi-factor-based investment strategy. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the BSE 200 TRI and managed by Rohit Seksaria, S. Bharath, Dwijendra Srivastava, and Sandeep minimum investment amount for the first investment is Rs 100 and in multiples of Re 1 thereafter. For monthly SIPs, the minimum amount is Rs 100 with at least six fund will allocate 80–100% of its assets to equity and equity-related instruments selected based on a multi-factor quantitative model, 0–20% to other equity and equity-related instruments, 0–20% to debt and money market securities (including Tri-Party Repo), and 0–10% to investments in REITs/ Nifty 50 ETF is an open-ended scheme tracking the Nifty 50 Index – TRI. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the Nifty 50 Index - TRI and managed by Shashi Kumar, Nikhil Satam, and Aakash minimum amount is Rs 500 and in multiples of Re 1 thereafter. Units will be allotted in whole numbers, and any balance amount below the minimum will be India Income Plus Arbitrage Active FoF is an open-ended fund-of-fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage schemes. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against a blended index: 60% Nifty Corporate Bond Index A-II + 35% Nifty 50 Arbitrage + 5% Nifty 1D Rate Index, and managed by Vikas Garg (Fixed Income) and Deepak Gupta (Arbitrage).For lump-sum investment, the minimum amount is Rs 1,000 per application and in multiples of Re 1 thereafter. For monthly SIPs, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter, with at least six Nifty 50 Index Fund is an open-ended scheme tracking the Nifty 50 Index - TRI. The NFO will open for subscription on July 2 and close on July fund will be benchmarked against the Nifty 50 Index - TRI and managed by Shashi Kumar, Nikhil Satam, and Aakash minimum amount for the initial purchase is Rs 500 and in multiples of Re 1 thereafter. The minimum amount for a monthly SIP is Rs 500 and in multiples of Re Large & Mid Cap Fund is an open-ended equity scheme investing in both large-cap and mid-cap stocks. The NFO will open for subscription on July 4 and close on July fund will be benchmarked against the Nifty Large Midcap 250 investment objective of the scheme is to seek long-term capital growth through investments in equity and equity-related securities, predominantly of large-cap and mid-cap stocks. The minimum investment amount is Rs 1,000 per plan, option, or sub-option, and in multiples of Re 1 thereafter for first-time investments.
Time of India
21-05-2025
- Business
- Time of India
27 equity mutual funds offer over 25% CAGR in both 3 and 5 years. Have you added any to your portfolio?
Live Events Around 27 equity mutual funds have offered over 25% CAGR in both the last three and five years. There were around 199 equity mutual funds that completed five years of existence in the these 27 schemes, the maximum schemes were from HDFC Mutual Fund. There were around five schemes from the fund house, followed by three each from Invesco Mutual Fund, Motilal Oswal Mutual Fund, and Nippon India Mutual Fund. Two schemes each from Bandhan Mutual Fund, Franklin Templeton Mutual Fund, and JM Mutual Fund. Seven other fund houses had one scheme Read | Over 260 debt mutual funds beat fixed deposits rate in 2 years. Should you switch? Bandhan Core Equity Fund and Bandhan Small Cap Fund offered over 25% CAGR in both the last three and five years. Edelweiss Mid Cap Fund offered 27.45% and 34.46% CAGR in the last three and five years, and small cap funds from Franklin Templeton Mutual Fund - Franklin India Prima Fund and Franklin India Smaller Cos Fund - offered over 25% CAGR in the said schemes from HDFC Mutual Fund - HDFC ELSS Tax saver , HDFC Flexi Cap Fund, HDFC Focused 30 Fund, HDFC Mid-Cap Opportunities Fund, and HDFC Small Cap Fund - featured in the list of equity schemes that have offered over 25% CAGR in the said Value Fund gave 25.59% and 31.32% CAGR in the last three and five years respectively. Three funds from Invesco Mutual Fund - Invesco India Large & Mid Cap Fund, Invesco India Midcap Fund, and Invesco India Smallcap Fund gained over 25% in the mentioned time Flexicap Fund and JM Value Fund delivered over 25% CAGR in the same time periods. Mahindra Manulife Mid Cap Fund, the only scheme from Mahindra Manulife Mutual Fund, featured in the schemes - Motilal Oswal ELSS Tax Saver Fund, Motilal Oswal Large & Midcap Fund, and Motilal Oswal Midcap Fund - offered CAGR over 25% in the said time periods. Three schemes from Nippon India Mutual Fund were there in the list of schemes that gave over 25% CAGR in both the horizons. Quant Small Cap Fund offered 26.33% and 49.62% CAGR in the last three and five years, respectively. SBI Long Term Equity Fund, the oldest ELSS fund, offered 27.72% and 30.30% CAGR in the last three and five years, Read | HDFC Bank, Eternal among stocks bought and sold by SBI Mutual Fund in April Sundaram Mid Cap Fund offered 26.92% and 31.28% CAGR in the last three and five years, these 27 funds, Motilal Oswal Midcap Fund has offered the highest CAGR of around 31.93% in the last three years, whereas within the same universe, Quant Small Cap Fund has offered the highest CAGR of 49.62% in the last five considered all equity mutual fund categories. We considered regular and growth options. We calculated the CAGR over the last three and five the above exercise is not a recommendation. The exercise was done to find which equity schemes have offered over 25% CAGR in the last three and five years both. One should not make investment or redemption decisions based on the above should always invest based on their risk appetite, investment horizon, and goals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Mint
13-05-2025
- Business
- Mint
THESE 6 flexi cap mutual funds gave over 20% annualised return in past 3 years. Check list here
Before you invest in a mutual fund, it is recommended to compare the returns delivered by the scheme and compare the same with those of other schemes in the same category – be it large cap, value funds, flexi cap or other. Here, we list out the six mutual fund schemes which have delivered over 20 percent annualised return in the past three years. In other words, if someone invested ₹ 1,00,000 three years ago, the investment would have grown to ₹ 1,72,800 now by growing at an annualised rate of 20 percent. For the unversed, a flexi cap mutual fund scheme is the one which is flexible to invest its assets across market capitalisation i.e., small cap, mid cap and large cap in any proportion. However, the fund must invest at least 65 percent in equity and equity-related instruments, as per the Sebi's categorisation of mutual fund schemes. Flexi Cap Fund 3-year-return(%) Franklin India Flexi Cap Fund 20.51 HDFC Flexi Cap Fund 24.26 Invesco India Flexi Cap fund 22.39 JM Flexi Cap Fund 24.73 Motilal Oswal FC fund 23.53 Parag Parikh Flexi Cap Fund 20.48 (Source: AMFI; returns as on May 8, 2025) As one can see in the table above, JM Flexi Cap Fund has delivered 24.73 percent annualised return in the past three years and HDFC Flexi Cap Fund has given 24.26 percent in the past three years. Other schemes which have delivered more than 20 percent annualised return include Invesco India Flexi Cap fund and Motilal Oswal Flexi Cap Fund. Meanwhile, it is important to note that the past returns do not guarantee future returns. This means just because a scheme has delivered good returns in the past, it does not mean it will continue to deliver the same returns in the future as well. Aside from past returns, other factors which should affect your decision of whether to invest in a scheme or not include past performance of the fund manager, reputation of the fund house, category of scheme and overall market scenario. Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment related decision.
Time of India
09-05-2025
- Business
- Time of India
Best tax saving mutual funds or ELSS to invest in May 2025
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are you interested? Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Best ELSS or tax saving mutual funds to invest in May 2025: Canara Robeco ELSS Tax Saver Fund Mirae Asset ELSS Tax Saver Fund Invesco India ELSS Tax Saver Fund DSP ELSS Tax Saver Fund Quant ELSS Tax Saver Fund (new addition) Bank of India ELSS Tax Saver (new addition) Tired of too many ads? Remove Ads Most taxpayers make their investments in the last three months of the financial year (January-March). Most of them look for the investment options available under Section 80C of the Income Tax Act (IT Act). The Section 80C of the Income Tax Act allows tax deduction of up to Rs 1.5 lakh in a financial year on investments in a few specified instruments. If you are trying to save taxes in this financial year, you can consider investing in tax-saving mutual funds or -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are you interested?Before proceeding further, you should familiarise yourself with ELSSs. Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds. Compared to your usual investments like Public Provident Fund or National Savings Certificate, etc, ELSSs do not offer guaranteed returns. You may even suffer losses in a bad why should you invest in ELSSs? One, these schemes have the potential to offer higher returns over a long period. As you know, tax saving schemes invest in stocks. And stocks typically offer higher returns over a long period of time. For example, the ELSS category offered an average return of around 11.89% over 10 ELSS funds have the shortest lock-in period of three years among tax saving investments. Most other investment options under the 80C basket are government-backed investments. They typically come with longer lock-in periods. For example, PPF is a 15-year product that allows partial withdrawals after six years. The NSC is a five-year product. So, if you want access to your money in three years, you should invest in ELSSs. But don't count on it to offer you great returns in three years. You should always keep in mind that equity investing is for the long term. You should invest in equity mutual funds only if you have an investment horizon of five to seven the third and the most important point to remember is that ELSSs is an entry point for many investors into investing in stocks. Many investors often start with ELSSs and the mandatory lock-in period of three years in these schemes helps them to weather the volatility in the stock market. Once these investors see the rewards coming in, say, five or seven years, they start investing more money in equity you are interested in investing in these schemes, here are our recommended ELSSs you may consider investing in these schemes. Invesco India Tax Plan Fund has been in the third quartile for the last 10 months. The scheme had been in the fourth quartile earlier. Canara Robeco Equity Tax Saver Fund has been in the third quartile for the last nine months. The scheme had been in the fourth quartile earlier. Mirae Asset Tax Saver Fund was in the third quartile for 15 months. ETMutualFunds has employed the following parameters for shortlisting the equity mutual fund daily for the last three Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to When H is less than 0.5, the series is said to be mean When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the seriesWe have considered only the negative returns given by the mutual fund scheme for this measure.X =Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of ZIt is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the returns generated by the MF Scheme = [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}For Equity funds, the threshold asset size is Rs 50 crore
