Top 5 Large & Mid Cap Funds to invest in 2018 – 2019

What are large & mid cap funds? SEBI in its October 6, 2017 circular laid down 5 broad and 36 sub-categories for mutual funds. It has also described each scheme’s characteristics. It defined the large & mid cap funds category as an open-ended equity scheme investing in both large-cap and mid-cap stocks. According to SEBI, a …

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What are Hybrid Funds? Top 10 Hybrid Funds for 2019-2020

  Earlier known as Balanced Funds, Hybrid funds invest both in equity and debt instruments. Some hybrid funds also invest in other assets like gold and real estate. Hybrid or Balanced mutual funds have been very popular among Indian investors. They are suitable for investors seeking good returns at moderate risk. Hybrid funds can be used …

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What is Grandfathering in mutual funds LTCG Tax?

The finance ministry, in its budget announcement on Feb 1st, re-introduced the tax on Long-Term Capital Gains (LTCG) at 10% without indexation benefits. This is applicable for gains above Rs 1,00,000. This new law is applicable from 1st April 2018. So does that mean all the gains made up till now should be taxed? No. …

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Kotak Select Focus renamed to Kotak Standard Multicap Fund

Kotak Select Focus Fund has been renamed to Kotak Standard Multicap Fund. Kotak Standard Multicap Fund is a fund in the multi-cap category. Initially, it was called Kotak Select Focus Fund. Following the introduction of new rules by the Securities and Exchange Board of India (SEBI) for rationalization of mutual fund schemes, the fund will now …

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Reliance Small Cap Fund: Fund Review

Reliance Small Cap Fund has been amongst the top performers in the small-cap fund category. The fund has an asset size of Rs 7,461 crore as on 31st January 2019, co-managed by Mr. Samir Rachh and Mr. Dhrumil Shah. From Rs 1,282 crore in December 2014, assets under management have touched Rs 6,613 crore in …

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Axis Long Term Equity Fund : Fund Review

Axis Long Term Equity Fund is the largest ELSS tax saving fund in India. This tax saver has assets worth Rs 17,852 crore managed by Mr. Jinesh Gopani. The objective of the fund is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. Investment in this fund would …

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SBI Small and Mid Cap Fund: Fund Review

SBI Small Cap Fund is a fund in the small-cap category. Initially, it was called SBI Small and Mid Cap Fund. Following the introduction of new rules by the Securities and Exchange Board of India (SEBI) for rationalization of mutual fund schemes, the fund will now fall in the small-cap category. With assets of Rs …

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ICICI Prudential Balanced Advantage Fund: Fund Review

ICICI Prudential Balanced Advantage Fund is a Hybrid mutual fund belonging to the Balanced Advantage Fund / Dynamic Asset Allocation category. ICICI Balanced Advantage Fund is one of the largest mutual funds in India with Assets Under Management or AUM of ₹25,663 crore. Also known as ICICI BAF, the fund invests in a mix of …

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