In the past five-year and ten-year periods, the scheme has given 6.5% and 9.6% returns, respectively, while its peers have given average returns of 1.6 % and 6.3%, respectively, over the same periods.
In times when estimates and assumptions are being questioned or proven wrong consistently due to unforeseen factors, it makes sense to stick with equity schemes that have been through long market cycles. Schemes which have been in existence for more than 15 years is a good criterion.
ICICI Prudential Balanced Advantage has given returns of 7.2%, 11.5% and 11.4% in the past five-year, seven-year and 10-year periods, while its peers have given an average return of 5.8%, 10.2% and 8.9% respectively over the same periods.
The five-year-old fund has beaten its benchmark S&P BSE 150 Midcap TRI over 1-, 3- and 5-year periods. Although it is the topper in one-year return, it lags peers in 3- and 5-year return.
The NFO of Sundaram Balanced Advantage Fund would remain open for subscription till February 28. The scheme reopens for ongoing subscription and redemption from March 12.
Here is our recommended arbitrage mutual funds you may consider to invest your surplus cash for a short period.
As per Sebi mandate, corporate bond funds must invest at least 80 per cent of their corpus in the highest-rated corporate bonds.
Investors can consider multi-asset schemes, which have exposure to equity, debt and commodities. This provides stronger diversification than just plain balanced plans.
Most debt mutual fund managers and advisors have been asking investors to stick to short duration schemes for a while now. Even after the Reserve Bank of India started cutting rates regularly and changed its monetary stance to accommodative from neutral, the advice hasn't changed.
In the past five-year and 10-year periods, the scheme has given 10.5% and 17.5%, respectively. Its peers in the same periods have given average return of 7.8% and 10.5%, respectively.
Conservative hybrid funds invest 75-90 per cent of the corpus in debt instruments and 10-25 per cent of the corpus in equity or stocks.
Did large-caps beat mid- and small-caps? Which mutual fund houses boasted of superior performance? Though benchmark indices shot up in 2019, the broader market didn’t do too well. ET Wealth analyses the returns of diversified equity mutual funds across time periods.
If you are a conservative equity investor looking to grow your investment without too much volatility over a long period, you should consider investing in aggressive hybrid schemes.
Among multi-cap schemes, Kotak Standard Mulitcap is a stable performer in longer duration cycles of markets. The scheme’s fund manager Harsha Upadhyaya has been careful in the construction of the portfolio.
"Axis All Seasons Debt Fund FOF is a unique product in the debt basket. It aims at adequate diversification. Especially at this point when there is a lot of confusion among investors about debt funds, this can be a go to scheme."
As per Sebi mandate, multi cap mutual fund schemes have the freedom to invest across market capitalisations and sectors.
Among infrastructure-focused mutual fund schemes, Franklin Build India has been top performer in the past five-year and 10-year periods within the category of infrastructure-dedicated schemes.
Choose small cap mutual fund schemes if you have a long-term investment horizon and a high risk appetite. Continue with your investments or hold them for a long term to earn big returns.
We are keeping a close watch on HDFC Mid-Cap Opportunities Fund. As per our methodology, the scheme has been in the last quartile for over six months now. We will continue to watch the performance of the scheme and update you on its performance.
Are you planning to kick-start your tax planning exercise in the new financial year? We have shortlisted six ELSS or tax-saving mutual funds that will help you to save taxes of up to Rs 1.5 lakh in a financial year under Section 80C of the Income Tax Act.
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