{"id":3909,"date":"2019-11-25T02:20:07","date_gmt":"2019-11-25T02:20:07","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=3909"},"modified":"2019-11-25T02:25:47","modified_gmt":"2019-11-25T02:25:47","slug":"franklin-side-pocket-sensex-high-and-other-news","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/","title":{"rendered":"Sensex highs, Muthoot AMC, Franklin side pocket &#038; new PMS rules!"},"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-69d5ace3b3d95\" 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-69d5ace3b3d95\"><\/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-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/#Index_Returns\" title=\"Index Returns\">Index Returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-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-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-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-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/#What_Investors_Bought\" title=\"What Investors Bought\">What Investors Bought<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/#What_Investors_Sold\" title=\"What Investors Sold\">What Investors Sold<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/#Movers_Shakers\" title=\"Movers &amp; Shakers\">Movers &amp; Shakers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/#Quote_of_the_week\" title=\"Quote of the week:\">Quote of the week:<\/a><\/li><\/ul><\/nav><\/div>\n<p>The much anticipated <a href=\"https:\/\/kuvera.in\/blog\/d-for-disinvestment\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>PSU disinvestment announcement<\/strong><\/a> came on Wednesday, November 20, 2019, by the Union Finance Minister Nirmala Sitharaman. It is being hailed as another positive step by the government in a series of market boosting reforms. The government will be reducing its stake in 5 public sector enterprises including BPCL. The government expects to raise Rs 78,400 Crores through this exercise.\u00a0<strong><br \/>\n<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>BSE Sensex made another new all-time high this week.<\/strong> The index touched an intraday high of 40,800 on Wednesday. Even though the news flow has been less than ideal, equity indices have continued to make new highs reminding us of two important lessons. First, market timing is a fool&#8217;s errand. Second, that the risk in equities is not being invested.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-3914 size-full\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/11\/BSE40800.png\" alt=\"\" width=\"785\" height=\"503\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/11\/BSE40800.png 785w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/11\/BSE40800-300x192.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/11\/BSE40800-768x492.png 768w\" sizes=\"(max-width: 785px) 100vw, 785px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Muthoot Finance Ltd has entered an agreement to acquire <a href=\"https:\/\/kuvera.in\/explore\/amc\/idbi\" target=\"_blank\" rel=\"noopener noreferrer\">IDBI Asset Management Ltd<\/a><\/strong><span style=\"font-weight: 400;\"> and IDBI MF Trustee Company Ltd. This lays the foundations for Muthoot Finance\u2019s entry into the mutual fund segment. Muthoot Finance disclosed details of the Share Purchase Agreement in a <\/span><strong><a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/a92f4035-246b-47e0-82d8-936b57232356.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">filing with BSE<\/a><\/strong><span style=\"font-weight: 400;\"> (Bombay Stock Exchange) on November 22, 2019. The proposed acquisition is expected to be completed by February 20, 2020. We do not foresee any material impact on the performance of IDBI mutual fund schemes during the handover.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In its filing with the exchange, Muthoot Finance stated that:\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cMuthoot Finance plans to utilise the Group\u2019s existing branch network (4500+ branches), customer outreach and brand visibility in further strengthening the mutual fund asset base of the target entities and bringing a novel customer experience with focus on Tier 2 and 3 cities.\u201d<\/span><\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>SEBI made positive strides in increasing transparency in Portfolio Management Services (PMS) funds<\/strong>. The market regulator has proposed that all PMS schemes should offer Direct plans. The minimum investment in PMS schemes will be increased from Rs 25 lakh to Rs 50 lakh. In a surprise move that will reduce competition, the required net worth of the PMS managers would hereon be Rs 5 crore, from the earlier Rs 2 crore.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/explore\/amc\/franklin\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"><strong>Franklin Templeton Asset Management<\/strong><\/span><\/a><span style=\"font-weight: 400;\"><strong> has proposed to include provisions related to the creation of segregated portfolios<\/strong> in the following scheme(s), effective December 26, 2019:<\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-liquid-super-institutional-growth--FR474-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Liquid Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-overnight-growth--FR866-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Overnight Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-floating-rate-growth--FR498-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Floating Rate Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-saving-retail-growth--451-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Savings Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-government-securities-growth--471-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Government Securities Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-corporate-debt-a-growth--612-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Corporate Debt Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-dynamic-accrual-growth--444-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Dynamic Accrual Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-low-duration-growth--492-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Low Duration Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-short-term-income-retail-growth--436-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Short Term Income Plan<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-income-opportunities-growth--491-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Income Opportunities Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-ultra-short-bond-super-institutional-growth--485-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Ultra Short Bond Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-credit-risk-growth--494-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Credit Risk Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-banking-psu-debt-growth--FR704-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Banking &amp; PSU Debt Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-equity-hybrid-growth--423-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Equity Hybrid Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-debt-hybrid-a-growth--433-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Debt Hybrid Fund<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-pension-growth--FR610-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Pension Plan<\/span><\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-equity-saving-growth--FR780-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Franklin India Equity Savings Fund<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The AMC has <\/span><a href=\"http:\/\/image.e.franklintempleton.com\/lib\/fe4715707564047e751474\/m\/2\/9fd0fb31-c869-422a-bfbe-e66d77598fe6.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">published a notice<\/span><\/a><span style=\"font-weight: 400;\"> and sent email communications to its existing investors with details of provision for portfolio segregation. The provision is to ensure fair treatment to all investors in case of a credit event and to deal with liquidity risk.<\/span><\/p>\n<p>&nbsp;<\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<h4 class=\"null\"><span class=\"ez-toc-section\" id=\"Index_Returns\"><\/span><strong>Index Returns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<table style=\"height: 196px;\" border=\"0\" width=\"416\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"303\" height=\"20\"><strong>Index<\/strong><\/td>\n<td width=\"97\"><strong>1W<\/strong><\/td>\n<td width=\"97\"><strong>1Y<\/strong><\/td>\n<td width=\"88\"><strong>3Y<\/strong><\/td>\n<\/tr>\n<tr>\n<td height=\"19\">NIFTY 50<\/td>\n<td>0.2%<\/td>\n<td>13.1%<\/td>\n<td>14.2%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">NIFTY NEXT 50<\/td>\n<td>-0.5%<\/td>\n<td>3.2%<\/td>\n<td>9.9%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE SENSEX<\/td>\n<td>0.0%<\/td>\n<td>15.3%<\/td>\n<td>15.8%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE SmallCap<\/td>\n<td>0.2%<\/td>\n<td>-6.9%<\/td>\n<td>4.7%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE MidCap<\/td>\n<td>-0.2%<\/td>\n<td>-0.9%<\/td>\n<td>7.4%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">NASDAQ 100<\/td>\n<td>-0.5%<\/td>\n<td>25.7%<\/td>\n<td>19.3%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P 500<\/td>\n<td>-0.3%<\/td>\n<td>17.3%<\/td>\n<td>12.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: BSE \/ NSE<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<h4 class=\"null\"><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><\/h4>\n<table style=\"height: 153px;\" border=\"0\" width=\"480\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"303\" height=\"20\"><strong>Name<\/strong><\/td>\n<td width=\"97\"><strong>1W<\/strong><\/td>\n<td width=\"97\"><strong>1Y<\/strong><\/td>\n<td width=\"88\"><strong>3Y<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/uti-healthcare-growth--UTGPD2-GR\">UTI Healthcare<\/a><\/td>\n<td>3.0%<\/td>\n<td>-0.4%<\/td>\n<td>-0.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/nippon-india-pharma-growth--PHAG-GR\">Nippon India Pharma<\/a><\/td>\n<td>2.9%<\/td>\n<td>-0.6%<\/td>\n<td>3.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/tata-india-pharma-healthcare-growth--TAIPHGZ-GR\">Tata India Pharma &amp; Healthcare<\/a><\/td>\n<td>2.6%<\/td>\n<td>5.2%<\/td>\n<td>2.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/jm-equity-hybrid-growth--BFDG-GR\">JM Equity Hybrid<\/a><\/td>\n<td>2.4%<\/td>\n<td>-7.3%<\/td>\n<td>4.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-exports-services-growth--8194-GR\">ICICI Prudential Exports &amp; &#8230;<\/a><\/td>\n<td>2.4%<\/td>\n<td>5.1%<\/td>\n<td>9.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Kuvera.in<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<h4 class=\"null\"><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><\/h4>\n<table style=\"height: 157px;\" border=\"0\" width=\"451\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"303\" height=\"20\"><strong>Name<\/strong><\/td>\n<td width=\"97\"><strong>1W<\/strong><\/td>\n<td width=\"97\"><strong>1Y<\/strong><\/td>\n<td width=\"88\"><strong>3Y<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/idbi-equity-advantage-growth--TSG1-GR\">IDBI Equity Advantage<\/a><\/td>\n<td>-2.1%<\/td>\n<td>9.1%<\/td>\n<td>12.9%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR\">Axis Long Term Equity<\/a><\/td>\n<td>-2.0%<\/td>\n<td>17.9%<\/td>\n<td>17.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-technology-growth--8019-GR\">ICICI Prudential Technology<\/a><\/td>\n<td>-1.8%<\/td>\n<td>4.1%<\/td>\n<td>16.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/tata-india-consumer-growth--TAICFGZ-GR\">Tata India Consumer<\/a><\/td>\n<td>-1.7%<\/td>\n<td>2.6%<\/td>\n<td>21.3%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/tata-ethical-growth--TASSFZ-GR\">Tata Ethical<\/a><\/td>\n<td>-1.7%<\/td>\n<td>6.8%<\/td>\n<td>10.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Kuvera.in<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<h4 class=\"null\"><span class=\"ez-toc-section\" id=\"What_Investors_Bought\"><\/span><strong>What Investors Bought<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>We saw the most inflows in these 5 Funds \u2013<\/p>\n<table style=\"height: 150px;\" border=\"0\" width=\"488\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"303\" height=\"20\"><strong>Name<\/strong><\/td>\n<td width=\"97\"><strong>1W<\/strong><\/td>\n<td width=\"97\"><strong>1Y<\/strong><\/td>\n<td width=\"88\"><strong>3Y<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/axis-bluechip-growth--AXEFDG-GR\">Axis Bluechip<\/a><\/td>\n<td>-1.1%<\/td>\n<td>22.2%<\/td>\n<td>20.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-us-bluechip-equity-growth--8133-GR\">ICICI Prudential US Bluechip..<\/a><\/td>\n<td>0.7%<\/td>\n<td>21.8%<\/td>\n<td>17.3%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/parag-parikh-long-term-equity-growth--PP001ZG-GR\">Parag Parikh Long Term Equity<\/a><\/td>\n<td>-0.3%<\/td>\n<td>15.8%<\/td>\n<td>14.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth--UTNID2-GR\">UTI Nifty Index<\/a><\/td>\n<td>0.2%<\/td>\n<td>14.5%<\/td>\n<td>15.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR\">Kotak Standard Multicap<\/a><\/td>\n<td>-0.3%<\/td>\n<td>15.4%<\/td>\n<td>15.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Kuvera.in<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table class=\"mcnTextBlock\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody class=\"mcnTextBlockOuter\">\n<tr>\n<td class=\"mcnTextBlockInner\" valign=\"top\">\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\">\n<h4 class=\"null\"><span class=\"ez-toc-section\" id=\"What_Investors_Sold\"><\/span><strong>What Investors Sold<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>We saw the most outflows in these 5 Funds \u2013<\/p>\n<table style=\"height: 158px;\" border=\"0\" width=\"499\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"303\" height=\"20\"><strong>Name<\/strong><\/td>\n<td width=\"97\"><strong>1W<\/strong><\/td>\n<td width=\"97\"><strong>1Y<\/strong><\/td>\n<td width=\"88\"><strong>3Y<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/motilal-oswal-multicap-35-growth--CPGD-GR\">Motilal Oswal Multicap 35<\/a><\/td>\n<td>-0.7%<\/td>\n<td>11.4%<\/td>\n<td>13.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-smaller-companies-growth--478-GR\">Franklin India Smaller Companies<\/a><\/td>\n<td>-0.1%<\/td>\n<td>-4.1%<\/td>\n<td>5.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/franklin-india-focused-equity-growth--482-GR\">Franklin India Focused Equity<\/a><\/td>\n<td>2.2%<\/td>\n<td>13.7%<\/td>\n<td>12.5%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/canara-robeco-emerging-equities-growth--CAEQDG-GR\">Canara Robeco Emerging Equities<\/a><\/td>\n<td>-0.4%<\/td>\n<td>10.5%<\/td>\n<td>15.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/kuvera.in\/explore\/hdfc-small-cap-growth--HDACG1G-GR\">HDFC Small Cap<\/a><\/td>\n<td>-0.3%<\/td>\n<td>-7.9%<\/td>\n<td>11.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Kuvera.in<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Movers_Shakers\"><\/span><b>Movers &amp; Shakers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><strong>1\/<\/strong><a href=\"https:\/\/kuvera.in\/explore\/amc\/absl\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"><strong> Aditya Birla Sun Life<\/strong><\/span><\/a><span style=\"font-weight: 400;\"><strong> Trustee Private Limited<\/strong> has approved the change in the name of <\/span><a href=\"https:\/\/kuvera.in\/explore\/aditya-birla-sun-life-short-term-opportunities-growth--BS341GZ-GR\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Aditya Birla Sun Life Short Term Opportunities Fund<\/span><\/a><span style=\"font-weight: 400;\"> to Aditya Birla Sun Life Short Term Fund with effect from 21 November 2019.<\/span><b><\/b><\/p>\n<p><strong>2\/ <a href=\"https:\/\/kuvera.in\/explore\/amc\/sundaram\" target=\"_blank\" rel=\"noopener noreferrer\">Sundaram Mutual Fund<\/a><\/strong><span style=\"font-weight: 400;\"> has announced that K N Sivasubramanian has been appointed as an Independent Director on the Board of the Company. Further, Prof Rishikesha T Krishnan has stepped down from the Board of the Company.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Quote_of_the_week\"><\/span><strong>Quote of the week:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<blockquote><p>&nbsp;<\/p>\n<p><strong>It takes a long time to learn how to do nothing.<\/strong><\/p>\n<p><strong><span class=\"authorOrTitle\">: Marty Rubin<\/span><\/strong><\/p>\n<p>&nbsp;<\/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>The much anticipated PSU disinvestment announcement came on Wednesday, November 20, 2019, by the Union Finance Minister Nirmala Sitharaman. It is being hailed as another positive step by the government in a series of market boosting reforms. The government will be reducing its stake in 5 public sector enterprises including BPCL. The government expects to [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/franklin-side-pocket-sensex-high-and-other-news\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":3923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,279,167,259,83,36,225,11,66,280,281,154,212,249,274,229,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sensex highs, Muthoot AMC, Franklin side pocket &amp; new PMS rules! -<\/title>\n<meta name=\"description\" content=\"Sensex hits new highs, Muthoot buys IDBI MF and Franklin sets up side pocketing for its debt schemes. 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