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
Over the last week, you can see some new updates in your Unovest portfolio reports, deleting transactions as well as goals tracking. Here's the full list of updates for your reference. … [Read more...] about Key Updates on mutual fund portfolio reports
SBI Bluechip fund has been one of the most popular funds in the last few years. The numbers provide a clear proof. From an AUM size of just Rs. 740 crores in December 2013, it is now a behemoth at Rs. 15,236 crores (as of July 2017). So, there was this little fund that started in Feb 2006, which saw a turnaround in performance with its new fund manager Sohini Andani. She … [Read more...] about SBI Bluechip Fund – What you need to know
One of the more popular funds from Franklin Templeton AMC is the Franklin India High Growth Companies Fund. The fund has just completed 10 years of existence. It started in July 2007 when the previous bull market was hitting its peak. As is the norm, new fund schemes get launched during such times to capture on renewed and bullish interest of old and new investors. The … [Read more...] about Franklin India High Growth Companies Fund – What you should know?
In 2016, ICICI Prudential Mutual Fund became the largest fund house by assets. One of the funds that rode along with it into this stardom was ICICI Prudential Value Discovery Fund, a fund that started as a midcap fund in August 2004. The ICICI Pru value discovery fund's stated objective is to: to invest stocks available at a discount to their intrinsic value, through a … [Read more...] about ICICI Pru Value Discovery Fund – What you should know?
It is not uncommon for retail investors to chase performance and make it their only criteria to select a fund for investing. Using the same criteria, one of the funds that makes it as a chart topper is the DSP BlackRock Micro Cap Fund. I was recently asked my views on this fund. I am sharing them again with you here. No doubt, DSP BlackRock Micro Cap Fund is a unique … [Read more...] about DSP BlackRock Micro Cap Fund – What you should know?