{"id":3066,"date":"2019-06-17T09:49:35","date_gmt":"2019-06-17T09:49:35","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=3066"},"modified":"2019-06-17T10:06:04","modified_gmt":"2019-06-17T10:06:04","slug":"rs-77k-crores-inflow-dhfl-update-tax-harvesting-other-mf-news","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-other-mf-news\/","title":{"rendered":"Rs 77k Crores Inflow, DHFL Update, Tax Harvesting &#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-69d20e2e5b816\" 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-69d20e2e5b816\"><\/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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-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><a href=\"https:\/\/blog.kuvera.in\/save-up-to-%e2%82%b910000-in-ltcg-taxes-with-tax-harvesting\/\" target=\"_blank\" rel=\"noopener\"><strong>Tax Harvesting<\/strong><\/a>\u00a0is a technique that utilises the \u20b91 Lakh annual LTCG exemption by selling and buying back part of your investment such that you \u201crealise\u201d gains and not pay taxes on them.\u00a0<strong>At a 10% LTCG tax rate, you could save up to Rs 10,000 in LTCG taxes every year by doing this diligently. <\/strong>You can learn the\u00a0details\u00a0<strong><a href=\"https:\/\/blog.kuvera.in\/save-up-to-%e2%82%b910000-in-ltcg-taxes-with-tax-harvesting\/\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>The Mutual Fund industry AUM increased 5% in May to Rs 25.43 lakh crores.<\/strong>\u00a05.54 lakh new folios were added in May bringing the total folio count to 8.32 lakh crore. Mutual funds saw a net inflow of Rs 77,000 crore in May. Inflows into <a href=\"https:\/\/kuvera.in\/explore\/all\/equity\" target=\"_blank\" rel=\"noopener\"><strong>equity funds<\/strong><\/a>, including <strong><a href=\"https:\/\/kuvera.in\/explore\/all\/equity\/elss\" target=\"_blank\" rel=\"noopener\">ELSS<\/a><\/strong>, stood at Rs 4,969 crore.\u00a0Net inflows into <a href=\"https:\/\/kuvera.in\/explore\/all\/others\/equity-index-funds\" target=\"_blank\" rel=\"noopener\"><strong>index funds<\/strong><\/a> surged more than 12 times from \u20b918 crore in April to \u20b9220 crore in May.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Inflows into Index Funds have increased as evidence mounts that active funds fail to outperform their benchmark indices.<\/strong> S&amp;P Index versus Active or SPIVA has been the trusted name globally to this comparison. They report annually on how active funds have performed against benchmark indices. What gives SPIVA report credibility is that they correct the data for <a href=\"https:\/\/en.wikipedia.org\/wiki\/Survivorship_bias\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"https:\/\/en.wikipedia.org\/wiki\/Survivorship_bias\">survivorship bias.<\/a>\u00a0The SPIVA 2018 report shows that 64% of large-cap active funds underperformed S&amp;P BSE 100 index over the past 10 years. The complete table is\u00a0below.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-3061\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/06\/SPIVATable.png\" alt=\"\" width=\"967\" height=\"372\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/SPIVATable.png 967w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/SPIVATable-300x115.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/SPIVATable-768x295.png 768w\" sizes=\"(max-width: 967px) 100vw, 967px\" \/><\/p>\n<p>You can access the complete report <a href=\"https:\/\/us.spindices.com\/documents\/spiva\/spiva-india-year-end-2018.pdf\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>DHFL has repaid Rs 962 crore in delayed interest payments<\/strong> on Non-Convertible Debentures. The company also clarified that the payments were made within the cure period of seven working days in its <\/span><strong><a href=\"https:\/\/nseindia.com\/corporate\/DHFL_11062019175153_1546_Media_statement_250.pdf\">release <\/a><\/strong><span style=\"font-weight: 400;\">filed with the exchanges on June 11.\u00a0<\/span><span style=\"font-weight: 400;\">Credit rating agencies including ICRA and Crisil have removed the company from the watch with negative implications. Per SEBI guidelines, once security is rated \u2018D\u2019, the rating agencies would have to wait for three months before evaluating any upgrade.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Howard Marks, the legendary investor at Oaktree Capital, in his recent newsletter described the<strong> three stages of a bull market<\/strong> as &#8211;<\/p>\n<ul>\n<li>Stage 1:\u00a0when only a few forward-looking people begin to believe things will get better<\/li>\n<li>Stage 2:\u00a0\u00a0when most investors realize improvement is actually underway<\/li>\n<li>Stage 3:\u00a0when everyone concludes that things can only get better forever<\/li>\n<\/ul>\n<p>A quick twitter survey revealed, 25% of investors think we are in Stage 1, 35% in Stage 2 and 40% think we are in Stage 3. What do you think?<\/p>\n<p>You can read the complete newsletter <strong><a href=\"https:\/\/www.oaktreecapital.com\/insights\/howard-marks-memos\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"https:\/\/www.oaktreecapital.com\/insights\/howard-marks-memos\">here<\/a><\/strong>.<\/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: 146px;\" width=\"623\">\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;\">39,615.90<\/td>\n<td style=\"font-weight: 400;\">39,452.07<\/td>\n<td style=\"font-weight: 400;\">-0.41%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">Nifty<\/td>\n<td style=\"font-weight: 400;\">11,870.65<\/td>\n<td style=\"font-weight: 400;\">11,823.30<\/td>\n<td style=\"font-weight: 400;\">-0.40%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE SmallCap<\/td>\n<td style=\"font-weight: 400;\">14,657.09<\/td>\n<td style=\"font-weight: 400;\">14,365.93<\/td>\n<td style=\"font-weight: 400;\">-1.99%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE MidCap<\/td>\n<td style=\"font-weight: 400;\">14,906.38<\/td>\n<td style=\"font-weight: 400;\">14,720.99<\/td>\n<td style=\"font-weight: 400;\">-1.24%<\/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: 176px;\" width=\"631\">\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\/PRMTD1-GR\"><b>DHFL MEDIUM TERM<\/b><\/a><\/td>\n<td>5.0%<\/td>\n<td>-16.5%<\/td>\n<td>Medium Duration<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/BN65G-GR\"><b>BNP LOW DURATION<\/b><\/a><\/td>\n<td>4.9%<\/td>\n<td>7.4%<\/td>\n<td>Low Duration<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/edelweiss-greater-china-equity-off-shore-growth--EDGCD1-GR\"><b>EDELWEISS GR CHINA<\/b><\/a><\/td>\n<td>3.3%<\/td>\n<td>13.3%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dsp-world-mining-growth--DS764-GR\"><b>DSP WORLD MINING<\/b><\/a><\/td>\n<td>2.9%<\/td>\n<td>11.2%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-asia-pacific-yield-growth--HSHAPDG-GR\"><b>HSBC ASIA PACIFIC<\/b><\/a><\/td>\n<td>2.8%<\/td>\n<td>11.6%<\/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: 198px;\" width=\"626\">\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\/boi-axa-credit-risk-growth--BACSDG-GR\"><b>BOI AXA CREDIT RISK<\/b><\/a><\/td>\n<td>-18.5%<\/td>\n<td>-3.2%<\/td>\n<td>Credit Risk Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/invesco-india-credit-risk-growth--RGCBD1-GR\"><b>INVESCO INDIA CREDIT<\/b><\/a><\/td>\n<td>-4.2%<\/td>\n<td>3.6%<\/td>\n<td>Credit Risk Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-short-term-income-growth--BXBA068-GR\"><b>BOI AXA ST INCOME<\/b><\/a><\/td>\n<td>-4.0%<\/td>\n<td>6.4%<\/td>\n<td>Short Duration Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-conservative-hybrid-growth--BXBA075-GR\"><b>BOI AXA\u00a0 HYBRID<\/b><\/a><\/td>\n<td>-3.7%<\/td>\n<td>4.9%<\/td>\n<td>Conservative Hybrid<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-equity-debt-rebalancer-growth--BXBA141-GR\"><b>BOI AXA EQUITY DEBT\u00a0<\/b><\/a><\/td>\n<td>-3.0%<\/td>\n<td>5.4%<\/td>\n<td>Balanced Advantage<\/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: 112px;\" width=\"636\">\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\/hdfc-tax-saver-growth--32T-GR\"><b>HDFC TAX SAVER<\/b><\/a><\/td>\n<td>-0.1%<\/td>\n<td>13.4%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-tax-saver-growth--KO144D-GR\"><b>KOTAK TAX SAVER\u00a0<\/b><\/a><\/td>\n<td>-0.1%<\/td>\n<td>16.2%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/tata-india-tax-saving-growth--TATSFGZ-GR\"><b>TATA INDIA TAX SAVING<\/b><\/a><\/td>\n<td>-0.1%<\/td>\n<td>16.2%<\/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\u00a0<\/b><\/a><\/td>\n<td>-0.1%<\/td>\n<td>14.3%<\/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>-0.1%<\/td>\n<td>17.2%<\/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: 175px;\" width=\"627\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name\u00a0<\/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\/mirae-asset-emerging-bluechip-growth--MAFEBD1-GR\"><b>MIRAE EMER BLUECHIP\u00a0<\/b><\/a><\/td>\n<td>11.3%<\/td>\n<td>19.6%<\/td>\n<td>Large &amp; Mid Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-large-cap-growth--MAFIOD1-GR\"><b>MIRAE LARGE CAP<\/b><\/a><\/td>\n<td>11.6%<\/td>\n<td>17.5%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth--UTNID2-GR\"><b>UTI NIFTY INDEX<\/b><\/a><\/td>\n<td>11.0%<\/td>\n<td>14.8%<\/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 STD MULTICAP<\/b><\/a><\/td>\n<td>10.4%<\/td>\n<td>17.1%<\/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>-5.6%<\/td>\n<td>18.1%<\/td>\n<td>Small 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: 168px;\" width=\"627\">\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-hybrid-equity-growth--PREGT-GR\"><b>HDFC HYBRID EQUITY<\/b><\/a><\/td>\n<td>7.7%<\/td>\n<td>11.5%<\/td>\n<td>Aggressive Hybrid<\/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>6.0%<\/td>\n<td>12.1%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-smaller-companies-growth--478-GR\"><b>FRANKLIN SMALLER COM<\/b><\/a><\/td>\n<td>-8.1%<\/td>\n<td>9.7%<\/td>\n<td>Small Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-balance-advantage-growth--GFGT-GR\"><b>HDFC BALANCE ADV<\/b><\/a><\/td>\n<td>11.6%<\/td>\n<td>16.4%<\/td>\n<td>Balanced\u00a0Advantage<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-small-cap-growth--SBD346G-GR\"><b>SBI SMALL CAP<\/b><\/a><\/td>\n<td>-3.3%<\/td>\n<td>17.5%<\/td>\n<td>Small 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=\"Movers_Shakers\"><\/span><b>Movers &amp; Shakers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><strong>1\/<\/strong><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/sbi\" target=\"_blank\" rel=\"noopener\">SBI Mutual Fund<\/a><\/strong>\u00a0has announced that Binod Kumar Mishra has ceased to be the Chief Operating Officer and Key Personnel of SBI Funds Management Private Limited. Naveen Kumar Jha has been appointed in his stead.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2\/ <strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/dhfl\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Mutual Fund<\/a> <\/strong>has announced that Rakesh Suri \u2013 Fund Manager \u2013 Fixed Income has ceased to be the Fund Manager and Key Personnel of DHFL Pramerica Asset Management Private Limited, with effect from 07 June 2019.<\/span><\/p>\n<p>&nbsp;<\/p>\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>\n<p class=\"qt_155337\"><strong>A fit body, a calm mind, a house full of love. These things cannot be bought &#8211; they must be earned.<\/strong><\/p>\n<p class=\"bq_fq_a\"><strong>: Naval Ravikant<\/strong><\/p>\n<\/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","protected":false},"excerpt":{"rendered":"<p>All that you need to know about Mutual Funds this week Tax Harvesting\u00a0is a technique that utilises the \u20b91 Lakh annual LTCG exemption by selling and buying back part of your investment such that you \u201crealise\u201d gains and not pay taxes on them.\u00a0At a 10% LTCG tax rate, you could save up to Rs 10,000 [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/rs-77k-crores-inflow-dhfl-update-tax-harvesting-other-mf-news\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":3069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,211,235,83,36,225,11,66,212,229,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rs 77k Crores Inflow, DHFL Update, Tax Harvesting &amp; Other MF News -<\/title>\n<meta name=\"description\" content=\"Rs 77k crores inflows, update about DHFL and an easyw ay to save Rs 10,000 in LTCG taxes every year by tax harvesting. 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