This is the archive of all mutual funds reviews
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund is an open-ended debt Index Fund investing in the constituents of CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index. The fund is classified as having “relatively high-interest rate risk and relatively low credit risk”. Let us consider the salient features of the fund….
Continue reading →HDFC Long Duration Debt Fund is an open-ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than seven years. In other words, it is a fund that invests in fairly long-term bonds. Therefore only investors who can stay invested long-term should consider the fund. One reader asked if…
Continue reading →This edition of the fund performance report looks at the HDFC Children’s Gift Fund. Launched in Mar 2001, the fund has an AUM of over 6,000 Crores. In Oct 2017, HDFC MF merged HDFC Children’s Gift Fund Savings Plan into HDFC Children’s Gift Fund Investment Plan and then renamed the resulting fund as HDFC Children’s…
Continue reading →This edition of the fund performance report looks at the Mirae Asset Tax Saver Fund. Launched in Dec 2015, the fund has an AUM of more than 13,000 Crores. Disclaimer:Ā Fund performance reports present return and risk analysis of a fund with representative benchmarks and not investment recommendations.Ā It must be expressly understood that the data below…
Continue reading →In this edition of the debt fund profile, we look at ICICI Prudential Savings Fund. This is an open-ended Low Duration debt scheme investing in instruments such that the Macaulay duration of the Portfolio is between 6 months and 12 Months. The fund’s category, “Low Duration”, gives one the impression that it is suitable for…
Continue reading →This edition of the fund performance report looks at ICICI Prudential Value Discovery Fund. One of the best-known value-oriented funds in the country with one of the best-known fund managers, Sankaran Naren. Naren was fund manager up to Feb 2011. He got back on the team in Jan 2021, perhaps to help the fund back…
Continue reading →Tata Nifty Midcap 150 Momentum 50 Index Fund is an open-ended scheme tracking NIFTY Midcap 150 Momentum 50 Index. The fund is currently in its NFO period (4th to 17th Oct 2022). In this article, we analyse the performance of the underlying index. The Nifty Midcap150 Momentum 50 Index tracks the performance of the top…
Continue reading →This edition of the fund performance report looks at the DSP Flexi Cap Fund (erstwhile DSP Equity Fund). Launched in April 1997, the fund has an AUM of 7,739 Crores. After the SEBI categorisation rules, it was first classified as a multi-cap fund in mid-2018 and then shifted to the flexicap category to align with…
Continue reading →SBI CRISIL IBX Gilt Index ā June 2036Ā is an open-ended Target Maturity Index Fund investing in constituents of the CRISIL IBX Gilt Index ā June 2036 Index. We discuss if this new fund offer is suitable for a long-term portfolio. 1 What are Target Maturity Debt Funds? These are open-ended funds investing in various bonds…
Continue reading →We profile debt mutual funds from time to time in ourĀ fund profileĀ section. This time we consider SBI Magnum Ultra Short Duration Fund.Ā Launched in May 1999, the fund currently has an AUM of Rs. 12,513 Crores. What is an ultra-short duration fund? Ultra-short duration funds are defined as āinvestment in Debt & Money Market instruments…
Continue reading →A reader writes, “Sir, you have repeatedly pointed out that it is hard for most active funds to beat the index, and this applies not only to large cap funds but also to mid cap and even small cap funds (when benchmarked with a mid cap index). However, can I use a hybrid like an…
Continue reading →In this edition of theĀ fund performance report, we review DSP Equity & Bond Fund. The fund was launched as DSP Merrill Lynch Balanced Fund in May 1999. Then, DSP BlackRock Balanced Fund in 2008, and DSP Equity and Bond Fund in 2018. The fund currently has an AUM of Rs. 6,837 Crores. Disclaimer:Ā Fund performance reports…
Continue reading →In this edition of the fund performance report, we review HDFC Hybrid Equity Fund. In a baffling and messy response to the SEBI categorisation rules, HDFC decided to close both its balanced funds, HDFC Balanced and HDFC Prudence and merge them with unknown funds! From June 1st 2018, HDFC Balanced and its AUM merged with…
Continue reading →Edelweiss Gold and Silver ETF Fund of Fund is an open-ended scheme investing in Gold ETF and Silver ETF units. The fund is currently in its NFO period (Aug 24th to 7th Sep 2022). In this review, we discuss if it makes sense for investors to consider such a fund. The scheme presentation says the…
Continue reading →Axis Nifty 100 Index Fund is an open-ended index that aims to achieve a return close to Nifty 100 subject to tracking error.Ā The Fund was launched in Oct 2019 and currently has an AUM of about 760 Crores. When the fund launched, we reviewed the underlying index in detail and mentioned that we needed…
Continue reading →A reader asks, “Sir, a friend recommended ICICI Prudential Short Term Fund is a suitable choice for my need which is three years away. The AMC website says the fund can be used for durations above six months. Can you please let me know if this is true and if I can proceed with the…
Continue reading →We review Nippon India Nifty Alpha Low Volatility 30 Index Fund, an open-ended scheme tracking the Nifty Alpha Low Volatility 30 Index. The NFO period is from 1st Aug to the 12th of Aug 2022. What is the Nifty Alpha Low-Volatility 30 Index? It is a 30-stock index selected from NIFTY 100 and NIFTY Midcap…
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