{"id":2929,"date":"2019-05-13T08:33:02","date_gmt":"2019-05-13T08:33:02","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=2929"},"modified":"2019-05-13T08:44:17","modified_gmt":"2019-05-13T08:44:17","slug":"8-consecutive-down-days-increasing-sip-other-mf-news","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/8-consecutive-down-days-increasing-sip-other-mf-news\/","title":{"rendered":"8 Consecutive Down Days, Increasing SIP &#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-69dd1572ae7f4\" 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-69dd1572ae7f4\"><\/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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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\/8-consecutive-down-days-increasing-sip-other-mf-news\/#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>Read the third chapter of our serialized book\u00a0<a href=\"https:\/\/blog.kuvera.in\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener\"><strong>Zen And the Art of Investing: Do you have an information advantage to beat the markets?<\/strong><\/a><\/p>\n<p><span style=\"font-weight: 400;\"><strong>This is the 16th instance<\/strong>, since 1990, when NIFTY had eight consecutive down sessions.\u00a0Sensex fell 3.85% and ended the week below the 38,000 level while Nifty dropped by 3.70% and closed below the 11,300 level.<\/span><\/p>\n<p>Of the last 15 times when Nifty has had eight consecutive down days, the average return after 6 months has been 5.9%. The best outcome was when Nifty rallied 39.6% in 6 months after falling for 8 consecutive sessions in Nov-98. The worst was in Oct-94 when Nifty fell a further 25.9% in the next 6 months.<\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<img loading=\"lazy\" class=\"aligncenter size-full wp-image-2923\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/05\/Capture-3.png\" alt=\"\" width=\"614\" height=\"654\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/Capture-3.png 614w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/Capture-3-282x300.png 282w\" sizes=\"(max-width: 614px) 100vw, 614px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Gold funds outperformed this week<\/strong>, with all 5 of the top performing funds from the category of Fund of Funds (FoF) investing in Gold. Before you see this as a sign to rush into gold funds, do check out the longer term performance of gold.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2925\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/05\/GoldVsNifty50.png\" alt=\"\" width=\"945\" height=\"609\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/GoldVsNifty50.png 945w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/GoldVsNifty50-300x193.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/GoldVsNifty50-768x495.png 768w\" sizes=\"(max-width: 945px) 100vw, 945px\" \/><\/p>\n<p><em>Source: Google Finance<\/em><\/p>\n<p><span style=\"font-weight: 400;\"><strong>The Assets Under Management (AUM) of the Indian Mutual fund industry rose to Rs 25.27 lakh crore<\/strong> in April, as per AMFI data. In comparison, the average AUM of the industry stood at Rs 23.25 lakh crore in the same month last year.\u00a0<\/span><span style=\"font-weight: 400;\">Net inflows into equity mutual funds stood at Rs 4,609 crore in April down from Rs 11,756 crore in the previous month. However, the<strong><a href=\"http:\/\/blog.kuvera.in\/annual-appraisal-advice\/\" target=\"_blank\" rel=\"noopener\"> SIP book<\/a> grew to an all-time high<\/strong> of Rs 8,238 crore in April.\u00a0<\/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: 148px;\" width=\"650\">\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;\">38,963.26<\/td>\n<td style=\"font-weight: 400;\">37,462.99<\/td>\n<td style=\"font-weight: 400;\">-3.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">Nifty<\/td>\n<td style=\"font-weight: 400;\">11,712.25<\/td>\n<td style=\"font-weight: 400;\">11,278.90<\/td>\n<td style=\"font-weight: 400;\">-3.70%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE SmallCap<\/td>\n<td style=\"font-weight: 400;\">14,548.15<\/td>\n<td style=\"font-weight: 400;\">14,105.73<\/td>\n<td style=\"font-weight: 400;\">-3.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE MidCap<\/td>\n<td style=\"font-weight: 400;\">14,783.35<\/td>\n<td style=\"font-weight: 400;\">14,389.76<\/td>\n<td style=\"font-weight: 400;\">-2.66%<\/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: 105px;\" width=\"646\">\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\/invesco-india-gold-growth--RGRGD1-GR\"><b>INVESCO INDIA GOLD<\/b><\/a><\/td>\n<td>2.6%<\/td>\n<td>0.5%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-gold-growth--SBD246G-GR\"><b>SBI GOLD<\/b><\/a><\/td>\n<td>2.0%<\/td>\n<td>1.1%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-regular-gold-saving-growth--8130-GR\"><b>ICICI PRU GOLD SAVING\u00a0<\/b><\/a><\/td>\n<td>1.7%<\/td>\n<td>0.6%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-gold-growth--GFOFT-GR\"><b>HDFC GOLD\u00a0<\/b><\/a><\/td>\n<td>1.6%<\/td>\n<td>1.3%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/idbi-gold-growth--GFG1-GR\"><b>IDBI GOLD<\/b><\/a><\/td>\n<td>1.3%<\/td>\n<td>-0.3%<\/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: 176px;\" width=\"633\">\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\/uti-banking-and-psu-debt-growth--UTBPG1-GR\"><b>CANARA ROBECO GOLD\u00a0<\/b><\/a><\/td>\n<td>-4.9%<\/td>\n<td>-1.2%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-infrastructure-equity-growth--HAFG-GR\"><b>HSBC INFRA EQUITY<\/b><\/a><\/td>\n<td>-4.6%<\/td>\n<td>2.6%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/franklin-asian-equity-growth--484-GR\"><b>FRANKLIN ASIAN EQUITY\u00a0<\/b><\/a><\/td>\n<td>-4.5%<\/td>\n<td>12.8%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-focused-equity-growth--482-GR\"><b>FRANKLIN INDIA FOCUSED EQ<\/b><\/a><\/td>\n<td>-4.4%<\/td>\n<td>13.6%<\/td>\n<td>Focused Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-technology-growth--413-GR\"><b>FRANKLIN INDIA TECH<\/b><\/a><\/td>\n<td>-4.4%<\/td>\n<td>13.4%<\/td>\n<td>Sectoral<\/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: 143px;\" width=\"647\">\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\/icici-prudential-long-term-equity-growth--8000-GR\"><b>ICICI PRU LTE<\/b><\/a><\/td>\n<td>-2.0%<\/td>\n<td>13.2%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/quantum-tax-saving-growth--QMFTS-GR\"><b>QUANTUM TAX SAVING<\/b><\/a><\/td>\n<td>-2.2%<\/td>\n<td>11.2%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/idbi-equity-advantage-growth--TSG1-GR\"><b>IDBI EQUITY ADVANTAGE\u00a0<\/b><\/a><\/td>\n<td>-2.5%<\/td>\n<td>10.0%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/motilal-oswal-long-term-equity-growth--MOLTGD-GR\"><b>MOTILAL OSWAL LTE<\/b><\/a><\/td>\n<td>-2.6%<\/td>\n<td>15.3%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/lic-mf-tax-growth--LCTPG1-GR\"><b>LIC MF TAX<\/b><\/a><\/td>\n<td>-2.6%<\/td>\n<td>13.1%<\/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: 82px;\" width=\"665\">\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\/parag-parikh-long-term-equity-growth--PP001ZG-GR\"><b>PARAG PARIKH LTE<\/b><\/a><\/td>\n<td>6.1%<\/td>\n<td>14.2%<\/td>\n<td>Multi Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth--UTNID2-GR\"><b>UTI NIFTY INDEX\u00a0<\/b><\/a><\/td>\n<td>6.4%<\/td>\n<td>14.0%<\/td>\n<td>Index<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR\"><b>KOTAK STANDARD MULTICAP<\/b><\/a><\/td>\n<td>5.2%<\/td>\n<td>16.2%<\/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>-10.9%<\/td>\n<td>18.0%<\/td>\n<td>Small Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-large-cap-growth--MAFIOD1-GR\"><b>MIRAE ASSET LARGE CAP<\/b><\/a><\/td>\n<td>5.7%<\/td>\n<td>16.9%<\/td>\n<td>Large 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 \u2013<\/p>\n<table style=\"height: 90px;\" width=\"648\">\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\/hdfc-equity-growth--02T-GR\"><b>HDFC EQUITY<\/b><\/a><\/td>\n<td>4.8%<\/td>\n<td>15.9%<\/td>\n<td>Multi Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-equity-and-debt-growth--8017-GR\"><b>ICICI PRU EQUITY &amp; DEBT<\/b><\/a><\/td>\n<td>3.8%<\/td>\n<td>14.2%<\/td>\n<td>Aggressive 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>-1.6%<\/td>\n<td>9.2%<\/td>\n<td>Value Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-blue-chip-growth--SBD103G-GR\"><b>SBI BLUE CHIP<\/b><\/a><\/td>\n<td>-0.7%<\/td>\n<td>11.0%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-hybrid-equity-growth--PREGT-GR\"><b>HDFC HYBRID EQUITY<\/b><\/a><\/td>\n<td>-0.1%<\/td>\n<td>11.6%<\/td>\n<td>Aggressive Hybrid<\/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><strong>1\/\u00a0<\/strong><strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/uti\" target=\"_blank\" rel=\"noopener\">UTI Mutual Fund<\/a><\/strong>\u00a0has\u00a0<span style=\"font-weight: 400;\">proposed to change the name of the UTI India Lifestyle Fund to UTI India Consumer Fund with effect from May 10, 2019<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>2\/ <a href=\"https:\/\/kuvera.in\/explore\/funds\/yes\" target=\"_blank\" rel=\"noopener\">YES Mutual Fund<\/a> <\/strong>has announced that Nirav Dalal has ceased to be the Chief Executive Officer (CEO) of the AMC. Kanwar Vivek will take over the role of CEO from 7th May.<\/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><b>Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes<\/b><\/p>\n<p><strong>: Jack Bogle<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/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<div class=\"addtoany_share_save_container addtoany_content addtoany_content_bottom\">\n<div class=\"a2a_kit a2a_kit_size_16 addtoany_list\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>All that you need to know about Mutual Funds this week Read the third chapter of our serialized book\u00a0Zen And the Art of Investing: Do you have an information advantage to beat the markets? This is the 16th instance, since 1990, when NIFTY had eight consecutive down sessions.\u00a0Sensex fell 3.85% and ended the week below [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/8-consecutive-down-days-increasing-sip-other-mf-news\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":2933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,211,83,36,225,11,66,212,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>8 Consecutive Down Days, Increasing SIP &amp; Other MF News - FII Inflows<\/title>\n<meta name=\"description\" content=\"This is the 16th instance, since 1990, when NIFTY had eight consecutive down sessions. 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