{"id":2782,"date":"2019-04-08T04:20:40","date_gmt":"2019-04-08T04:20:40","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=2782"},"modified":"2019-04-22T00:56:27","modified_gmt":"2019-04-22T00:56:27","slug":"last-week-in-mutual-funds-6th-april","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/","title":{"rendered":"It&#8217;s a Global Rally &#038; Other MF News"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69dd2893d75ae\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69dd2893d75ae\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#All_that_you_need_to_know_about_Mutual_Funds_this_week\" title=\"All that you need to know about Mutual Funds this week\">All that you need to know about Mutual Funds this week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Index_Returns\" title=\"Index Returns:\">Index Returns:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Top_5_best_performing_funds\" title=\"Top 5 best performing funds:\">Top 5 best performing funds:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Top_5_worst_performing_funds\" title=\"Top 5 worst performing funds:\">Top 5 worst performing funds:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Top_5_best_performing_ELSS_funds\" title=\"Top 5 best performing ELSS funds:\">Top 5 best performing ELSS funds:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#What_investors_bought\" title=\"What\u00a0investors bought:\">What\u00a0investors bought:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#What_investors_sold\" title=\"What investors sold:\">What investors sold:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Movers_Shakers\" title=\"Movers &amp; Shakers\">Movers &amp; Shakers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/#Quote_of_the_week\" title=\"Quote of the week:\">Quote of the week:<\/a><\/li><\/ul><\/nav><\/div>\n<h5><span class=\"ez-toc-section\" id=\"All_that_you_need_to_know_about_Mutual_Funds_this_week\"><\/span>All that you need to know about Mutual Funds this week<span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>Q1 &#8217;19 was a rebound from the lows of Q4 2018 for markets globally. Q4 &#8217;18 ranked amongst the worst quarters in the last 48 years with MSCI World Index falling 13.9% in Q4 of last year.<\/p>\n<p>Since then the story has been different.<\/p>\n<p><span style=\"font-weight: 400;\"><strong>MSCI World Index ETF is up 13.16% in Q1 &#8217;19.<\/strong>\u00a0Q1 has been the best quarter for MSCI World Index since 2010.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2778\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/04\/MSCIWorld.jpeg\" alt=\"\" width=\"1024\" height=\"662\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/MSCIWorld.jpeg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/MSCIWorld-300x194.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/MSCIWorld-768x497.jpeg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><em>Source: Google Finance<\/em><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Last quarter\u00a0was the also best quarter for S&amp;P 500 since 2009.<\/strong> International diversification helps, and we recommend <a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-us-bluechip-equity-growth--8133-GR\" target=\"_blank\" rel=\"noopener\">ICICI Prudential US Bluechip Direct fund<\/a> in our <strong><a href=\"https:\/\/blog.kuvera.in\/performance-recommended-portfolio-update\/\" target=\"_blank\" rel=\"noopener\">recommended portfolio<\/a><\/strong>.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2771\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/04\/Capture.png\" alt=\"\" width=\"946\" height=\"615\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/Capture.png 946w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/Capture-300x195.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/Capture-768x499.png 768w\" sizes=\"(max-width: 946px) 100vw, 946px\" \/><\/p>\n<p><em>Source: Google Finance<\/em><\/p>\n<p><span style=\"font-weight: 400;\"><strong>The average assets under management of the Indian mutual fund industry rose to Rs 24.46 lakh crore<\/strong> in the Jan-March quarter, an increase of 3.55% from Rs 23.62 lakh crore during the previous quarter. With a 2.19% rise in AUM, <a href=\"https:\/\/kuvera.in\/explore\/funds\/hdfc\" target=\"_blank\" rel=\"noopener\">HDFC Mutual Fund<\/a> continued to remain the top fund house with an AUM of Rs 3.42 lakh crore.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Index_Returns\"><\/span><strong>Index Returns:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 144px;\" width=\"562\">\n<tbody>\n<tr>\n<td width=\"152\"><strong>Index<\/strong><\/td>\n<td width=\"95\"><strong>Weekly open<\/strong><\/td>\n<td width=\"101\"><strong>Weekly close<\/strong><\/td>\n<td width=\"63\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">BSE Sensex<\/td>\n<td style=\"font-weight: 400;\">38,672.91<\/td>\n<td style=\"font-weight: 400;\">38,862.23<\/td>\n<td style=\"font-weight: 400;\">0.49%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">Nifty<\/td>\n<td style=\"font-weight: 400;\">11,623.90<\/td>\n<td style=\"font-weight: 400;\">11,665.95<\/td>\n<td style=\"font-weight: 400;\">0.36%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE SmallCap<\/td>\n<td style=\"font-weight: 400;\">15,027.36<\/td>\n<td style=\"font-weight: 400;\">15,045.87<\/td>\n<td style=\"font-weight: 400;\">0.12%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE MidCap<\/td>\n<td style=\"font-weight: 400;\">15,479.62<\/td>\n<td style=\"font-weight: 400;\">15,509.36<\/td>\n<td style=\"font-weight: 400;\">0.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source- BSE\/NSE<\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_best_performing_funds\"><\/span><strong>Top 5 best performing funds:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 215px;\" width=\"605\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-brazil-growth--HSHBFG-GR\"><b>HSBC BRAZIL<\/b><\/a><\/td>\n<td>4.7%<\/td>\n<td>18.2%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/edelweiss-greater-china-equity-off-shore-growth--EDGCD1-GR\/other\"><b>EDELWEISS GREATER CHINA<\/b><\/a><\/td>\n<td>4.6%<\/td>\n<td>17.0%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/edelweiss-emerging-markets-opportunities-equity-off-shore-growth--EDEMD1-GR\"><b>EDELWEISS EM OPP<\/b><\/a><\/td>\n<td>3.8%<\/td>\n<td>14.9%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-global-emerging-markets-growth--HSHEMFG-GR\/other\"><b>HSBC GLOBAL EM<\/b><\/a><\/td>\n<td>3.8%<\/td>\n<td>12.5%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/principal-global-opportunities-growth--PCGOZG-GR\"><b>PRINCIPAL GLOBAL OPP<\/b><\/a><\/td>\n<td>3.3%<\/td>\n<td>11.7%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_worst_performing_funds\"><\/span><strong>Top 5 worst performing funds:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 180px;\" width=\"596\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dsp-world-gold-growth--DS758-GR\"><b>DSP WORLD GOLD\u00a0<\/b><\/a><\/td>\n<td>-4.1%<\/td>\n<td>0.3%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/invesco-india-psu-equity-growth--RGPSD1-GR\"><b>INVESCO INDIA PSU<\/b><\/a><\/td>\n<td>-2.3%<\/td>\n<td>12.0%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-world-gold-growth--KO05GD-GR\"><b>KOTAK WORLD GOLD<\/b><\/a><\/td>\n<td>-1.6%<\/td>\n<td>-1.8%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-infrastructure-growth--INFGT-DP\"><b>HDFC INFRASTRUCTURE<\/b><\/a><\/td>\n<td>-1.4%<\/td>\n<td>7.5%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/invesco-india-contra-growth--RGCFD1-GR\"><b>INVESCO INDIA CONTRA<\/b><\/a><\/td>\n<td>-1.4%<\/td>\n<td>18.6%<\/td>\n<td>Contra Fund<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_best_performing_ELSS_funds\"><\/span><strong>Top 5 best performing ELSS funds:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 202px;\" width=\"642\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR\"><b>AXIS LONG TERM EQUITY\u00a0<\/b><\/a><\/td>\n<td>1.1%<\/td>\n<td>15.8%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-long-term-equity-growth--8000-GR\"><b>ICICI PRU LONG TERM EQUITY<\/b><\/a><\/td>\n<td>0.9%<\/td>\n<td>15.3%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-tax-advantage-growth--BXBA079-GR\"><b>BOI AXA TAX ADVANTAGE<\/b><\/a><\/td>\n<td>0.9%<\/td>\n<td>14.2%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/jm-tax-gain-growth--TGDG-GR\"><b>JM TAX GAIN\u00a0<\/b><\/a><\/td>\n<td>0.7%<\/td>\n<td>17.9%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/reliance-tax-saver-growth--TSAG-GR\"><b>RELIANCE TAX SAVER\u00a0<\/b><\/a><\/td>\n<td>0.7%<\/td>\n<td>10.3%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"What_investors_bought\"><\/span><strong>What\u00a0<\/strong><strong>investors bought:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>We saw the most inflows in these 5 Funds \u2013<\/p>\n<table style=\"height: 235px;\" width=\"649\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"159\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR\"><b>KOTAK STANDARD MULTICAP\u00a0<\/b><\/a><\/td>\n<td>11.1%<\/td>\n<td>18.0%<\/td>\n<td>Multi-Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-small-cap-growth--HDACG1G-GR\"><b>HDFC SMALL CAP<\/b><\/a><\/td>\n<td>-1.2%<\/td>\n<td>21.6%<\/td>\n<td>Small Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-india-equity-growth--MAFIOD1-GR\"><b>MIRAE ASSET INDIA EQUITY<\/b><\/a><\/td>\n<td>13.9%<\/td>\n<td>18.7%<\/td>\n<td>Multi-Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-banking-and-financial-services-growth--8044-GR\"><b>ICICI PRU BANKING &amp; FINSERV<\/b><\/a><\/td>\n<td>16.1%<\/td>\n<td>27.2%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/parag-parikh-long-term-equity-growth--PP001ZG-GR\"><b>PARAG PARIKH LONG TERM EQUITY\u00a0<\/b><\/a><\/td>\n<td>11.9%<\/td>\n<td>14.8%<\/td>\n<td>Multi-Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"What_investors_sold\"><\/span><strong>What investors sold:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>We saw the most outflows in these 5 Funds (excluding liquid and short-term schemes) \u2013<\/p>\n<table style=\"height: 142px;\" width=\"649\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"159\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/reliance-balanced-advantage-growth--NEAG-GR\"><b>RELIANCE BALANCED ADV\u00a0<\/b><\/a><\/td>\n<td>11.3%<\/td>\n<td>14.5%<\/td>\n<td>Balanced<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-top-100-growth--44T-GR\"><b>HDFC TOP 100<\/b><\/a><\/td>\n<td>17.2%<\/td>\n<td>17.9%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR\"><b>AXIS LONG TERM EQUITY<\/b><\/a><\/td>\n<td>8.1%<\/td>\n<td>15.8%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-equity-hybrid-growth--SBD24G-GR\"><b>SBI EQUITY HYBRID\u00a0<\/b><\/a><\/td>\n<td>9.2%<\/td>\n<td>13.1%<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-value-discovery-growth--8176-GR\"><b>ICICI PRU VALUE DISCOVERY<\/b><\/a><\/td>\n<td>5.6%<\/td>\n<td>11.1%<\/td>\n<td>Value Fund<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Movers_Shakers\"><\/span><b>Movers &amp; Shakers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><span style=\"font-weight: 400;\"><strong>1\/<\/strong> <a href=\"https:\/\/kuvera.in\/explore\/funds\/mirae\" target=\"_blank\" rel=\"noopener\">Mirae Asset<\/a> has approved the change in Fundamental attributes of <a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-india-equity-growth--MAFIOD1-GR\" target=\"_blank\" rel=\"noopener\">Mirae Asset India Equity Fund.<\/a>\u00a0The scheme will change from a multi-cap fund to a large cap one from 1\/May onward and\u00a0will be named Mirae Asset Large Cap Fund. Unitholders of Mirae Asset India Equity Fund who do not wish to retain their holdings in the scheme can redeem their units without any exit load between 1\/Apr and 30\/Apr 2019.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>2\/<\/strong> <a href=\"https:\/\/kuvera.in\/explore\/funds\/tata\" target=\"_blank\" rel=\"noopener\">Tata Mutual Fund<\/a> has announced the resignation of Mr Prashant Joshi from his role as key personnel of the AMC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>3\/<\/strong> <a href=\"https:\/\/kuvera.in\/explore\/funds\/lic\" target=\"_blank\" rel=\"noopener\">LIC Mutual Fund<\/a> has announced that Ms. Sunita Sharma, Chairman &amp; Nominee Director on the Board of LIC Mutual Fund Trustee Private Limited has resigned upon attaining the age of superannuation at LIC of India (Sponsor).<\/span><\/p>\n<h5><\/h5>\n<h5><span class=\"ez-toc-section\" id=\"Quote_of_the_week\"><\/span><strong>Quote of the week:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<blockquote><p><strong>Historically, there has been a bull market in commodities every 20 or 30 years.<\/strong><\/p>\n<p>: Jim Rogers<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p><em>This market update was initially published by\u00a0<\/em><em>CNBCTV18\u00a0<\/em><em>in the\u00a0<strong>Personal Finance\u00a0<\/strong>section.<\/em><\/p>\n<p><em>Niveditha Vishwamithra is an Analyst at\u00a0<a href=\"https:\/\/kuvera.in\/\"><strong>Kuvera.in: India\u2019s first completely free Direct Mutual Fund investing platform<\/strong><\/a><strong>.<\/strong><\/em><\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit\u00a0<a href=\"https:\/\/www.kuvera.in\/\"><strong>kuvera.in<\/strong><\/a>\u00a0to discover\u00a0<a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>#MutualFundSahiHai, #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All that you need to know about Mutual Funds this week Q1 &#8217;19 was a rebound from the lows of Q4 2018 for markets globally. Q4 &#8217;18 ranked amongst the worst quarters in the last 48 years with MSCI World Index falling 13.9% in Q4 of last year. Since then the story has been different. [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":2785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,210,211,11,66,212,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>It&#039;s a Global Rally &amp; Other MF News - Q1&#039;19 saw a global rebound<\/title>\n<meta name=\"description\" content=\"All the action in mutual funds this week in 6 tables. Large Cap Mutual Funds outperformed this week. 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Invest in MFs at kuvera.in","og_url":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-26-2859031.htm","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2019-04-08T04:20:40+00:00","article_modified_time":"2019-04-22T00:56:27+00:00","og_image":[{"width":924,"height":489,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/04\/Capture-1.png","type":"image\/png"}],"author":"Kuvera","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Kuvera","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-26-2859031.htm#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/"},"author":{"name":"Kuvera","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307"},"headline":"It&#8217;s a Global Rally &#038; Other MF News","datePublished":"2019-04-08T04:20:40+00:00","dateModified":"2019-04-22T00:56:27+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/"},"wordCount":611,"commentCount":0,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["best returns mutual funds","debt mutual funds","ELSS Equity Mutual Funds","Investing","Kuvera","mutual fund performance","Top mutual funds"],"articleSection":["Kuvera Weekly"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-26-2859031.htm#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/last-week-in-mutual-funds-6th-april\/","url":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-26-2859031.htm","name":"It's a Global Rally & Other MF News - Q1'19 saw a global rebound","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2019-04-08T04:20:40+00:00","dateModified":"2019-04-22T00:56:27+00:00","description":"All the action in mutual funds this week in 6 tables. 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