As you are aware, you can download the CAMS consolidated statement and upload on Unovest to track your entire mutual fund portfolio. There have been some changes in the recent past and so we have made a quick 1 minute video to guide you through the process. View the video below or Click here to view it on YouTube. Don't forget to look at all the awesome reports once … [Read more...] about Video: How to download the CAMS consolidated statement to upload on Unovest?
Axis Mutual Fund recently sent out an information email to the investors of its Axis Treasury Advantage Fund. The email mentions about a change in a fundamental attribute of the scheme and provides the option to investors to withdraw (in case they are not okay with the change) without paying any exit load. What is Axis Treasury Advantage Fund? The Axis Treasury Advantage Fund … [Read more...] about Change in Axis Treasury Advantage Fund – What should you do?
I was asked to answer a question on Quora: Which debt fund is better for investment for an investment horizon of 3-5 years, Dynamic Bond Funds or GILT funds? While I wrote my answer there, I thought I would share an extended version with you on Unovest. Let's refresh 2 basics about debt funds first. Debt funds operate on ‘mark to market’ principle, that is, they take … [Read more...] about Journey of Rs. 10,000 with various debt funds
It is a known fact that the returns of an investment instruments (say mutual fund) and the actual return of an investor vary significantly. Why is that? Before we take it up, let’s look at this question. Is it advisable to continue SIP for ICICI Prudential Dividend Yield Equity Fund Growth Direct Plan (return of -3%) and ICICI Prudential Multi cap Fund Growth Direct Plan … [Read more...] about How to generate behavioural alpha?
The next fund in the series of the 'hot' mutual funds is ICICI Pru Balanced Fund. The fund is a hybrid fund, which means it invests in equity as well as debt. However, the name balanced does not mean the ratio of equity and debt is 50:50. To ensure that it provides the investors the benefit of equity taxation (ZERO capital gains after 1 year of holding), it invests at … [Read more...] about ICICI Pru Balanced Fund – what you need to know