{"id":3103,"date":"2019-06-30T15:02:03","date_gmt":"2019-06-30T15:02:03","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=3103"},"modified":"2019-06-30T15:20:19","modified_gmt":"2019-06-30T15:20:19","slug":"portfolio-clutter-forex-sebi-other-mf-news","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/portfolio-clutter-forex-sebi-other-mf-news\/","title":{"rendered":"Portfolio Clutter, Forex, SEBI &#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-69d20b6f01b60\" 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-69d20b6f01b60\"><\/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\/portfolio-clutter-forex-sebi-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\/portfolio-clutter-forex-sebi-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\/portfolio-clutter-forex-sebi-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\/portfolio-clutter-forex-sebi-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\/portfolio-clutter-forex-sebi-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-6\" href=\"https:\/\/kuvera.in\/blog\/portfolio-clutter-forex-sebi-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-7\" href=\"https:\/\/kuvera.in\/blog\/portfolio-clutter-forex-sebi-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-8\" href=\"https:\/\/kuvera.in\/blog\/portfolio-clutter-forex-sebi-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><strong>Too\u00a0many funds make it harder to manage and rebalance your portfolio<\/strong>\u00a0to efficiently reach your goals. But is it true that the ease of online investing nudges the investor to invest in too many funds? We\u00a0looked at our data to answer this recently. Investors who come to Kuvera import their entire transaction history with us. So we have insights into who started investing when and how many funds their portfolio had over time. Below is the data.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-3101\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/06\/clutter.png\" alt=\"\" width=\"1101\" height=\"501\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/clutter.png 1101w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/clutter-300x137.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/clutter-768x349.png 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/clutter-1024x466.png 1024w\" sizes=\"(max-width: 1101px) 100vw, 1101px\" \/><\/p>\n<p>We\u00a0note &#8211;<\/p>\n<ol>\n<li>Prior to 2011, there were no online platforms. Post-2011 clutter in the portfolio is coming down. The relationship is weak though.<\/li>\n<li>There is a weak positive correlation between the age of the portfolio and the number of funds in the portfolio.<\/li>\n<li>Investors who started with us have fewer funds on average and it will be interesting to see how this data matures.<\/li>\n<\/ol>\n<p>Our findings suggest that advisory led online platforms can lead to better consolidation of portfolios and thus fewer funds in an investors portfolio.<\/p>\n<p><span style=\"font-weight: 400;\"><strong>India\u2019s forex reserves are at an all-time high<\/strong>\u00a0at $426.42 billion on 21st June, surpassing the previous high of $426.1 billion in April 2018.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Key market indices broke their three-week losing streak<\/strong> to end the week with modest gains. Sensex and Nifty rose 0.51% and 0.55% to settle above 39,000 and 11,700 respectively. BSE Mid-Cap and BSE Small-Cap indices outperformed the Sensex this week.<\/span><\/p>\n<p><strong><a href=\"https:\/\/www.sebi.gov.in\/media\/press-releases\/jun-2019\/sebi-board-meeting_43417.html\" target=\"_blank\" rel=\"noopener\">SEBI has amended<\/a><\/strong><span style=\"font-weight: 400;\"><strong> the risk management framework and investment norms of Liquid Funds.<\/strong> The market regulator has tightened the investment scope and directed the valuation method to be Mark to Market only. Liquid funds can now invest a maximum of 20% of assets in a single sector as against the previous cap of 25%. Further, the Board has laid down instructions for graded exit load if liquid fund units are redeemed within 7 days of investment.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cThe measures we have taken will help revive the confidence of investors, especially those investing in debt MFs,&#8221; &#8211; Ajay Tyagi, SEBI Chairman.\u00a0<\/span><\/p><\/blockquote>\n<p><strong>DHFL Mutual Fund has<a href=\"http:\/\/www.dhflpramericamf.com\/docs\/default-source\/default-document-library\/11-notice-cum-addendum---change-in-sponsor---26-june-2019.pdf\" target=\"_blank\" rel=\"noopener\"> informed their unitholders<\/a><\/strong><span style=\"font-weight: 400;\"> about the proposed change in Controlling Interest of the AMC. Prudential Financial, Inc (PFI), the current co-sponsor, intends to increase their stake to 100% in DHFL Pramerica Mutual Fund (DPMF). Unitholders (as on 25th June) who do not wish to retain their holdings in schemes of DHFL Mutual Fund can redeem their units without any exit load between 29th June and 28th July 2019.<\/span><\/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: 71px;\" width=\"623\">\n<tbody>\n<tr>\n<td width=\"150\"><strong>Index<\/strong><\/td>\n<td width=\"94\"><strong>Weekly open<\/strong><\/td>\n<td width=\"99\"><strong>Weekly close<\/strong><\/td>\n<td width=\"62\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400; font-style: inherit;\">BSE Sensex<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">39,194.49<\/td>\n<td style=\"font-weight: 400;\">39,394.64<\/td>\n<td style=\"font-weight: 400;\">0.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400; font-style: inherit;\">Nifty<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">11,724.10<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">11,788.85<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">0.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400; font-style: inherit;\">S&amp;P BSE SmallCap<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">14,084.24<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">14,239.33<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">1.10%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400; font-style: inherit;\">S&amp;P BSE MidCap<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">14,624.59<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">14,808.34<\/td>\n<td style=\"font-weight: 400; font-style: inherit;\">1.26%<\/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=\"606\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"170\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/USG1-GR\"><b>IDBI Ultra Short Term<\/b><\/a><\/td>\n<td>4.7%<\/td>\n<td>5.6%<\/td>\n<td>Ultra Short<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/BN623DG-GR\"><b>BNP Paribas Medium <\/b><\/a><\/td>\n<td>3.3%<\/td>\n<td>3.8%<\/td>\n<td>Medium Duration<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-infrastructure-growth-direct-plan--INFGT-DP\"><b>HDFC Infrastructure<\/b><\/a><\/td>\n<td>3.2%<\/td>\n<td>5.8%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/DS791-GR\"><b>DSP Srategic Bond<\/b><\/a><\/td>\n<td>2.8%<\/td>\n<td>6.7%<\/td>\n<td>Dynamic Bond<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/bnp-paribas-bond-growth-direct-plan--BN61G-GR\"><b>BNP Paribas Bond<\/b><\/a><\/td>\n<td>2.7%<\/td>\n<td>5.5%<\/td>\n<td>Corporate Bond<\/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: 185px;\" width=\"611\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"170\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-credit-risk-growth-direct-plan--BACSDG-GR\"><b>BOI AXA Credit Risk<\/b><\/a><\/td>\n<td>-29.6%<\/td>\n<td>-13.5%<\/td>\n<td>Credit Risk<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-short-term-income-growth-direct-plan--BXBA068-GR\"><b>BOI AXA Short Term<\/b><\/a><\/td>\n<td>-7.9%<\/td>\n<td>3.9%<\/td>\n<td>Short Duration<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-conservative-hybrid-growth-direct-plan--BXBA075-GR\"><b>BOI AXA Conservative<\/b><\/a><\/td>\n<td>-5.7%<\/td>\n<td>2.8%<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-equity-debt-rebalancer-growth-direct-plan--BXBA141-GR\"><b>BOI AXA Equity Debt <\/b><\/a><\/td>\n<td>-5.2%<\/td>\n<td>3.8%<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-brazil-growth-direct-plan--HSHBFG-GR\"><b>HSBC Brazil<\/b><\/a><\/td>\n<td>-3.3%<\/td>\n<td>16.3%<\/td>\n<td>Fund of 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=\"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: 173px;\" width=\"609\">\n<tbody>\n<tr>\n<td style=\"font-style: inherit;\" width=\"245\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"157\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-small-cap-growth-direct-plan--HDACG1G-GR\"><b>HDFC Small Cap<\/b><\/a><\/td>\n<td>-1.1%<\/td>\n<td>17.4%<\/td>\n<td>Small Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-standard-multicap-growth-direct-plan--KO168D-GR\"><b>Kotak Standard Multicap<\/b><\/a><\/td>\n<td>11.2%<\/td>\n<td>16.6%<\/td>\n<td>Multi Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/parag-parikh-long-term-equity-growth-direct-plan--PP001ZG-GR\"><b>PPFAS Long Term Equity<\/b><\/a><\/td>\n<td>5.9%<\/td>\n<td>14.6%<\/td>\n<td>Multi Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth-direct-plan--UTNID2-GR\"><b>UTI Nifty Index<\/b><\/a><\/td>\n<td>12.1%<\/td>\n<td>14.7%<\/td>\n<td>Index Fund<\/td>\n<\/tr>\n<tr>\n<td style=\"font-style: inherit;\"><a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-large-cap-growth-direct-plan--MAFIOD1-GR\"><b>Mirae Asset Large Cap<\/b><\/a><\/td>\n<td>14.3%<\/td>\n<td>17.4%<\/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: 176px;\" width=\"609\">\n<tbody>\n<tr>\n<td style=\"font-style: inherit;\" width=\"245\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"157\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/axis-focused-25-growth-direct-plan--AFDG-GR\"><b>Axis Focused 25<\/b><\/a><\/td>\n<td>5.5%<\/td>\n<td>18.4%<\/td>\n<td>Focused<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-blue-chip-growth-direct-plan--SBD103G-GR\"><b>SBI Blue Chip\u00a0<\/b><\/a><\/td>\n<td>9.0%<\/td>\n<td>12.2%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td style=\"font-style: inherit;\"><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-balanced-advantage-growth-direct-plan--8180-GR\"><b>IPRU Balanced Advantage<\/b><\/a><\/td>\n<td>8.9%<\/td>\n<td>11.6%<\/td>\n<td>Balanced Adv<\/td>\n<\/tr>\n<tr>\n<td style=\"font-style: inherit;\"><a href=\"https:\/\/kuvera.in\/explore\/aditya-birla-sun-life-equity-advantage-growth-direct-plan--BS201GZ-GR\"><b>ABSL Equity Advantage<\/b><\/a><\/td>\n<td>1.6%<\/td>\n<td>12.0%<\/td>\n<td>Large &amp; Mid Cap<\/td>\n<\/tr>\n<tr>\n<td style=\"font-style: inherit;\"><a href=\"https:\/\/kuvera.in\/explore\/hdfc-balance-advantage-growth-direct-plan--GFGT-GR\"><b>HDFC Balance Advantage<\/b><\/a><\/td>\n<td>17.7%<\/td>\n<td>16.8%<\/td>\n<td>Balanced Adv<\/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><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/funds\/l_t\" target=\"_blank\" rel=\"noopener\"><strong>L&amp;T Mutual Fund<\/strong><\/a> has announced the change in scheme name of <a href=\"https:\/\/kuvera.in\/explore\/LTFCMGD-GR\" target=\"_blank\" rel=\"noopener\">L&amp;T Dynamic Equity Fund<\/a> to L&amp;T Balanced Advantage Fund, with effect from 01 August 2019.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>2\/ <a href=\"https:\/\/kuvera.in\/explore\/funds\/absl\" target=\"_blank\" rel=\"noopener\">Aditya Birla Sun Life Mutual Fund<\/a><\/strong> has announced that Harish Engineer has been appointed as an Independent Director on the board of the AMC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>3\/ <a href=\"https:\/\/kuvera.in\/explore\/funds\/lic\" target=\"_blank\" rel=\"noopener\">LIC Mutual Fund<\/a><\/strong> has announced that Shefali B Suri has ceased to be the Key Personnel of the AMC. Y V Padmavati has been appointed in her stead.<\/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><p><strong>Never lie in bed at night asking yourself questions you can&#8217;t answer.<\/strong><\/p>\n<p><strong>: Charles M. Schulz<\/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","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\/portfolio-clutter-forex-sebi-other-mf-news\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":3107,"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>Portfolio Clutter, Forex, SEBI &amp; Other MF News -<\/title>\n<meta name=\"description\" content=\"Advisory led online platforms lead to consolidation and thus fewer funds in an investors portfolio. 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