Multi-asset portfolio, SIP inflows, & more!

What is asset allocation and how does periodic rebalancing help your portfolio achieve better results? In this episode of #KuveraInsights, we speak with Aashish, MD & CEO – Motilal Oswal Asset Management and Alex, Anchor & Special Correspondent, Bloomberg Quint to discuss the importance of maintaining a multi-asset portfolio and periodic rebalancing. 

 

 

SIP inflows stood at Rs 7,917 crore in June, a dip of 2.53% from the same month last year while the total number of SIP folios in May jumped to 3.23 crore from 3.16 crore in April. Explaining the rationale behind the fall in SIP inflows, NS Venkatesh, CEO – Association of Mutual Funds in India (AMFI), said – 

“The small dip in SIPs is largely because of the COVID impact as cash flows have been affected. Plus the (MF) industry has also provided a SIP pause facility, so a lot of people have opted for pause facility because of which inflows have fallen marginally.” 

 

 

UTI Mutual Fund has received all its dues from Zee Learn Limited. UTI Credit Risk Fund had 9% (Rs 40.77 crore) exposure meanwhile UTI medium-term fund had exposure of 3.02% (Rs 3.4 crore). UTI AMC had side pocketed the schemes on 7 July following a rating downgrade of the Essel Group company by CARE Ratings. Investors holding units in the pertaining segregated portfolios will receive proportionate payments from the AMC.

 

Index Returns

Index 1W 1Y 3Y P/E P/B
NIFTY 50 1.2% -6.7% 3.2% 28.6 3.1
NIFTY NEXT 50 0.6% -3.8% -1.3% 31.8 4.0
S&P BSE SENSEX 1.2% -5.6% 4.9% 24.7 2.8
S&P BSE SmallCap -0.2% -6.8% -7.0% -1517.1 1.9
S&P BSE MidCap 1.0% -6.9% -3.8% 29.4 2.2
NASDAQ 100 -1.8% 35.7% 21.9% 33.5 7.8
S&P 500 1.2% 8.1% 9.4% 23.2 3.7

Source: BSE / NSE

 

Top 5 best performing funds

Name 1W 1Y 3Y
Baroda Treasury Advantage B 25.6% -19.4% -8.9%
ICICI Prudential Technology 8.7% 6.3% 17.0%
Tata Digital India 7.2% 7.4% 20.3%
Aditya Birla Sun Life Digital India 5.8% 11.0% 18.5%
Franklin India Technology 5.7% 18.7% 18.0%

Source: Kuvera.in

 

Top 5 worst performing funds

Name 1W 1Y 3Y
Edelweiss Greater China Equity Off Sh… -5.1% 49.4% 21.5%
Kotak Global Emerging Market -4.5% 13.5% 7.9%
Edelweiss Corporate Bond -3.5% 6.8% 1.9%
Edelweiss Emerging Markets Opportunit… -3.5% 11.1% 9.4%
Franklin Asian Equity -2.1% 14.2% 8.4%

Source: Kuvera.in

 

What Investors Bought

We saw the most inflows in these 5 Funds –

Name 1W 1Y 3Y
Parag Parikh Long Term Equity 0.7% 13.7% 11.5%
Axis Bluechip 0.8% 2.1% 10.5%
Axis Mid Cap 0.3% 8.3% 9.8%
MOSL Nasdaq 100 FOF -0.1% 46.7% NA
Edelweiss Balanced Advantage 0.7% 9.7% 7.3%

Source: Kuvera.in

 

What Investors Sold

We saw the most outflows in these 5 Funds –

Name 1W 1Y 3Y
Quantum LT Equity Value 2.2% -15.7% -2.9%
ICICI Prudential Nifty Index 1.3% -5.8% 3.9%
Kotak Equity Arbitrage 0.0% 5.6% 6.5%
SBI Blue Chip 1.0% -6.4% 1.7%
Nippon India Arbitrage 0.0% 5.8% 6.8%

Source: Kuvera.in

 

Most Watchlisted Fund

Top 5 funds added to watchlist by Kuverians

Name 1W 1Y 3Y
PGIM India Global Equity Opp 0.2% 48.2% 27.3%
Parag Parikh Long Term Equity 0.7% 13.7% 11.5%
Franklin US Opp… -1.3% 34.4% 24.9%
Axis Bluechip 0.8% 2.1% 10.5%
ICICI Pru US Bluechip Equity 3.0% 24.2% 17.9%

Source: Kuvera.in

 

Top ELSS funds

Name 1W 1Y 3Y
Quant Tax 2.5% 2.5% 4.2%
Canara Robeco Equity Tax Saver 2.2% 2.8% 7.2%
Quantum Tax Saving 2.2% -15.1% -2.6%
HDFC Tax Saver 2.0% -13.7% -3.4%
Parag Parikh Tax Saver 2.0% NA NA

Source: Kuvera.in

 

Most Watchlisted Stocks

Top 5 stocks added to watchlist by Kuverians

Name 1W 1Y 3Y
Reliance Industries 1.8% 49.2% 35.1%
HDFC Bank -0.6% -8.1% 9.3%
Infosys 15.6% 15.2% 22.4%
ITC -0.2% -28.7% -15.9%
Tata Consultancy Services -0.9% 4.6% 22.5%

Source: Kuvera.in

 

 

Movers & Shakers

1/ Motilal Oswal Mutual Fund has launched the NFO for Motilal Oswal Multi Asset Growth PlanThe scheme would invest in Equity, International Equity Index Funds/Equity ETFs, Debt and Money Market Instruments and Gold ETFs. The NFO will be open for subscription until 27 July.

2/ HDFC Mutual Fund has appointed Gopal Agrawal as co-fund manager of HDFC Equity Saving Fund, HDFC Focused 30 Fund & HDFC Growth Opportunities Fund, with effect from 16 July 2020.

3/ Canara Robeco Mutual Fund has appointed Joseph Silvanus as Independent Trustee on the board of Canara Robeco Asset Management Company Ltd.

4/ SBI Mutual Fund has appointed Archana Hingorani as an Independent Director on the Board of SBI Mutual Fund Trustee Company Private Limited.

 

 

Quote of the week:

 

 

The difference between success and failure is not which stock you buy or which piece of real estate you buy, it’s asset allocation.

: Tony Robbins

 

 

Interested in how we think about the markets?

Read more: Zen And The Art Of Investing

 

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3 Responses

  • karan

    July 21, 2020 AT 21:33

    Hi i am an Indian living abroad. My question is that how can i use this app to invest in indian market without a PAN number.
    Thankyou.


    • Gaurav Rastogi

      July 27, 2020 AT 05:28

      PAN is required for investing.


  • Shivram Manohar Revankar

    July 24, 2020 AT 10:45

    Why kubera not providing debit card facility on SaveSmart. Where as in some of apps providing debit card. Please think of it. It will be helpful.