{"id":4067,"date":"2019-12-20T14:21:49","date_gmt":"2019-12-20T14:21:49","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=4067"},"modified":"2021-12-15T11:13:24","modified_gmt":"2021-12-15T11:13:24","slug":"mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/","title":{"rendered":"UTI AMC IPO, Passive Funds, and the Behaviour Gap"},"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-69dc8c3014ac2\" 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-69dc8c3014ac2\"><\/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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#Most_Watchlisted_Fund\" title=\"Most Watchlisted Fund\">Most Watchlisted Fund<\/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\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#Top_ELSS_funds\" title=\"Top ELSS funds\">Top ELSS funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#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-9\" href=\"https:\/\/kuvera.in\/blog\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#Quote_of_the_week\" title=\"Quote of the week:\">Quote of the week:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/nav><\/div>\n<p>We were on the hot seat on Startup Street show this Wednesday to discuss our future plans. If you missed that you can watch it below.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=O9YxWmV5vZg&amp;list=PLDSzQdT9nLmDSP3gSlDkPcUl-cfeI-KeB\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4074\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Kuvera_hotseat.jpeg\" alt=\"\" width=\"1080\" height=\"612\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Kuvera_hotseat.jpeg 1080w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Kuvera_hotseat-300x170.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Kuvera_hotseat-768x435.jpeg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Kuvera_hotseat-1024x580.jpeg 1024w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In its report \u201c<\/span><strong>Analysis of Indian investor behaviour and its impact on performance<\/strong><span style=\"font-weight: 400;\">\u201d Axis Mutual Fund found that returns earned by<strong> Mutual Fund Investors over a period of last 16 years have remained lower than the corresponding fund returns.\u00a0 <\/strong><\/span><span style=\"font-weight: 400;\">The report found that long term returns from Equity Fund, Debt Funds and Hybrid Funds were higher than investor returns in respective categories. Returns over 15 years between 2004 and 2019 were considered for equity and hybrid funds. For debt funds, returns over 10 years were considered.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-4077 size-full\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Fund-returns-vs-investor-returns.jpg\" alt=\"\" width=\"1100\" height=\"611\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Fund-returns-vs-investor-returns.jpg 1100w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Fund-returns-vs-investor-returns-300x167.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Fund-returns-vs-investor-returns-768x427.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/12\/Fund-returns-vs-investor-returns-1024x569.jpg 1024w\" sizes=\"(max-width: 1100px) 100vw, 1100px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The report concluded that \u201cinvestor flows are not stable but instead tend to follow market performance and as a result, their realised returns are much worse than what they would have achieved by using either simple buy and hold or systematic investment strategies.\u201d<\/span><\/p>\n<p>The culprit is our tendency to chase returns. We buy a fund after it has delivered good returns and sell after it delivers bad returns, precisely the behaviour we should avoid. This is what leads to a<a href=\"https:\/\/kuvera.in\/blog\/how-to-bridge-the-behaviour-gap-for-higher-returns\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0behaviour gap<\/a> in our returns. We have written more extensively on the behaviour gap <strong><a href=\"https:\/\/kuvera.in\/blog\/in-investing-the-simplest-things-are-the-hardest\/\">here.<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><strong>The choice of <\/strong><\/span><strong><a href=\"https:\/\/kuvera.in\/explore\/all\/others\/equity-index-funds\">index funds available<\/a> to Indian investors is set to increase. <\/strong><span style=\"font-weight: 400;\">JM Mutual Fund has proposed to launch 3 new index funds, subject to regulatory approvals. The fund house has filed the draft documents for <\/span><a href=\"https:\/\/www.sebi.gov.in\/filings\/mutual-funds\/dec-2019\/jm-nifty-bank-index-fund_45365.html\"><span style=\"font-weight: 400;\">JM Nifty Bank Index Fund<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.sebi.gov.in\/filings\/mutual-funds\/dec-2019\/jm-nifty-midcap-100-index_45363.html\"><span style=\"font-weight: 400;\">JM Nifty Midcap 100 Fund<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.sebi.gov.in\/filings\/mutual-funds\/dec-2019\/jm-nifty-smallcap-100-index-fund_45362.html\"><span style=\"font-weight: 400;\">JM Nifty Smallcap 100 Fund<\/span><\/a><span style=\"font-weight: 400;\"> with SEBI. <\/span><span style=\"font-weight: 400;\">We are firm believers in an index first approach to portfolio management. You can see our recommended portfolio <\/span><a href=\"https:\/\/kuvera.in\/blog\/nov-2019-kuvera-recommended-portfolio-update\/\"><span style=\"font-weight: 400;\">here.<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/explore\/amc\/uti\"><b>UTI Asset Management Company<\/b><\/a><b> has filed for an IPO<\/b><span style=\"font-weight: 400;\"> as its investors look to sell up to 3.9 crore shares or 30.75% stake in the nation\u2019s seventh-largest mutual fund. UTI\u2019s shareholders, including State Bank of India, Bank of Baroda, Punjab National Bank, Life Insurance Corporation of India, and T.Rowe Price International would be participating in the stake sale of the nation\u2019s first mutual fund. The total average assets under management for domestic mutual fund schemes of UTI Mutual Fund stood at Rs 1.54 lakh crore, as of September 2019. Other assets under management including portfolio management services and National Pension Scheme were Rs 6.25 lakh crore. The asset manager has a net worth of Rs 2,711.2 crore.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><span class=\"ez-toc-section\" id=\"Index_Returns\"><\/span><strong>Index Returns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<table border=\"0\" width=\"585\" 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>1.4%<\/td>\n<td>12.0%<\/td>\n<td>13.7%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">NIFTY NEXT 50<\/td>\n<td>0.8%<\/td>\n<td>1.3%<\/td>\n<td>8.7%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE SENSEX<\/td>\n<td>1.4%<\/td>\n<td>14.1%<\/td>\n<td>15.4%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE SmallCap<\/td>\n<td>-0.0%<\/td>\n<td>-8.0%<\/td>\n<td>2.9%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P BSE MidCap<\/td>\n<td>1.1%<\/td>\n<td>-2.2%<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">NASDAQ 100<\/td>\n<td>1.1%<\/td>\n<td>25.3%<\/td>\n<td>19.8%<\/td>\n<\/tr>\n<tr>\n<td height=\"19\">S&amp;P 500<\/td>\n<td>0.7%<\/td>\n<td>19.5%<\/td>\n<td>11.7%<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><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 border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/invesco-india-feeder-invesco-pan-european-equity-growth--RGPED1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/invesco-india-feeder-invesco-pan-european-equity-growth--RGPED1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGqn1wVb7fM8Fy5IS_BrcXV3etaUQ\">Invesco India Feeder Invesco Pan Euro\u2026<\/a><\/td>\n<td>4.0%<\/td>\n<td>11.0%<\/td>\n<td>7.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/hsbc-brazil-growth--HSHBFG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/hsbc-brazil-growth--HSHBFG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNG9S1OGb3Ze0RUwIx3YYaG06j5fuQ\">HSBC Brazil<\/a><\/td>\n<td>3.6%<\/td>\n<td>15.1%<\/td>\n<td>14.9%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/franklin-asian-equity-growth--484-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/franklin-asian-equity-growth--484-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNETLLAC4CaIc3FF6Mf-Z7Ezsdh84g\">Franklin Asian Equity<\/a><\/td>\n<td>3.3%<\/td>\n<td>21.3%<\/td>\n<td>13.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/nippon-india-tax-saver-growth--TSAG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/nippon-india-tax-saver-growth--TSAG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFxkWjHhmdTTsy2rkiC32JXrjcl_g\">Nippon India Tax Saver<\/a><\/td>\n<td>3.3%<\/td>\n<td>1.4%<\/td>\n<td>4.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/invesco-india-feeder-invesco-global-equity-income-growth--RGGED1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/invesco-india-feeder-invesco-global-equity-income-growth--RGGED1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEQvDj8uZU2GgkrodG-scMkwS5iZg\">Invesco India Feeder Invesco Global E\u2026<\/a><\/td>\n<td>3.1%<\/td>\n<td>17.2%<\/td>\n<td>10.3%<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><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 border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/sbi-technology-opportunities-growth--SBD034G-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/sbi-technology-opportunities-growth--SBD034G-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGP8KgXb7_Lw_iDdEkMWVWZ0xgtNg\">SBI Technology Opportunities<\/a><\/td>\n<td>-1.5%<\/td>\n<td>6.3%<\/td>\n<td>15.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/invesco-india-gold-growth--RGRGD1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/invesco-india-gold-growth--RGRGD1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFoFvLp0VakoJ3KPRCIyJyTOKL1BQ\">Invesco India Gold<\/a><\/td>\n<td>-1.4%<\/td>\n<td>19.1%<\/td>\n<td>10.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/sbi-gold-growth--SBD246G-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/sbi-gold-growth--SBD246G-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEFyQJb33dspgK9RJAm-YuSfhn13Q\">SBI Gold<\/a><\/td>\n<td>-1.3%<\/td>\n<td>19.2%<\/td>\n<td>9.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/nippon-india-gold-saving-growth--GDAG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/nippon-india-gold-saving-growth--GDAG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFUyfOwafPeM6kC1ldrRRfMa25sGw\">Nippon India Gold Saving<\/a><\/td>\n<td>-1.2%<\/td>\n<td>18.9%<\/td>\n<td>9.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/quantum-gold-saving-growth--QMFQSGP-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/quantum-gold-saving-growth--QMFQSGP-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNE3EYbnCS0OdtTP8XHCQhH7cBB-9w\">Quantum Gold Saving<\/a><\/td>\n<td>-1.1%<\/td>\n<td>18.9%<\/td>\n<td>9.0%<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><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\u00a0<a href=\"https:\/\/kuvera.in\/explore\/investor-choice\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/kuvera.in\/explore\/investor-choice&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGtl9ly2nJTjVbRwV6AfRL4WfCfIQ\">inflows<\/a>\u00a0in these 5 Funds \u2013<\/p>\n<table border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/mirae-asset-emerging-bluechip-growth--MAFEBD1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/mirae-asset-emerging-bluechip-growth--MAFEBD1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNHoLMz_vNs_eRrVhKP26oBhEV3mRg\">Mirae Asset Emerging Bluechip<\/a><\/td>\n<td>1.0%<\/td>\n<td>15.4%<\/td>\n<td>17.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/axis-bluechip-growth--AXEFDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/axis-bluechip-growth--AXEFDG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEi-y_hiwnMXlXF_-pOnupcHUaNyw\">Axis Bluechip<\/a><\/td>\n<td>1.0%<\/td>\n<td>19.4%<\/td>\n<td>21.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/mirae-asset-large-cap-growth--MAFIOD1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/mirae-asset-large-cap-growth--MAFIOD1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNF9ExYKb-hTFS8Suv6J3tCHXmK_fg\">Mirae Asset Large Cap<\/a><\/td>\n<td>1.5%<\/td>\n<td>14.0%<\/td>\n<td>16.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/parag-parikh-long-term-equity-growth--PP001ZG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/parag-parikh-long-term-equity-growth--PP001ZG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGPsMMskvOU7YLN3yEPM8lHS7WR5g\">Parag Parikh Long Term Equity<\/a><\/td>\n<td>0.5%<\/td>\n<td>12.8%<\/td>\n<td>13.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFrZK6LYftb4oreAXE1oCf8wCyVHA\">Kotak Standard Multicap<\/a><\/td>\n<td>1.2%<\/td>\n<td>13.8%<\/td>\n<td>15.2%<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><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\u00a0<a href=\"https:\/\/kuvera.in\/explore\/investor-choice\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/kuvera.in\/explore\/investor-choice&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGtl9ly2nJTjVbRwV6AfRL4WfCfIQ\">outflows<\/a>\u00a0in these 5 Funds \u2013<\/p>\n<table border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/edelweiss-mid-cap-growth--EDMSD1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/edelweiss-mid-cap-growth--EDMSD1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFld-Uep7A7Cna00Mo6smq-yEgktA\">Edelweiss Mid Cap<\/a><\/td>\n<td>0.6%<\/td>\n<td>6.0%<\/td>\n<td>10.5%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/kotak-emerging-equity-scheme-growth--KO123D-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/kotak-emerging-equity-scheme-growth--KO123D-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEip_miy43KWN6tKOTHYk6rakHD7g\">Kotak Emerging Equity Scheme<\/a><\/td>\n<td>0.6%<\/td>\n<td>10.2%<\/td>\n<td>11.5%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/aditya-birla-sun-life-arbitrage-growth--BS205GZ-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/aditya-birla-sun-life-arbitrage-growth--BS205GZ-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNGzieSDAK9JjVOmt87HKeXtAoFaRA\">Aditya Birla Sun Life Arbitrage<\/a><\/td>\n<td>0.0%<\/td>\n<td>6.9%<\/td>\n<td>6.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/dsp-midcap-growth--DS782-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/dsp-midcap-growth--DS782-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNF5Ibr3sve0l9CTKFoqXbv7u6dpNg\">DSP Midcap<\/a><\/td>\n<td>0.9%<\/td>\n<td>10.7%<\/td>\n<td>11.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/mahindra-unnati-emerging-business-yojana-growth--MHEBYDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/mahindra-unnati-emerging-business-yojana-growth--MHEBYDG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFOm6GBVQ0xKQH8KO-N6YwYtit6cw\">Mahindra Unnati Emerging Business Yoj\u2026<\/a><\/td>\n<td>1.1%<\/td>\n<td>6.8%<\/td>\n<td>NA<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><span class=\"ez-toc-section\" id=\"Most_Watchlisted_Fund\"><\/span><strong>Most Watchlisted Fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Top 5 funds added to\u00a0<a href=\"https:\/\/kuvera.in\/explore\/watchlist\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/kuvera.in\/explore\/watchlist&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNF71tEl97aNswOZCIA-VDmTnvm85g\">watchlist<\/a>\u00a0by Kuverians<\/p>\n<table border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/axis-bluechip-growth--AXEFDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/axis-bluechip-growth--AXEFDG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEi-y_hiwnMXlXF_-pOnupcHUaNyw\">Axis Bluechip<\/a><\/td>\n<td>1.0%<\/td>\n<td>19.4%<\/td>\n<td>21.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/mirae-asset-emerging-bluechip-growth--MAFEBD1-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/mirae-asset-emerging-bluechip-growth--MAFEBD1-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNHoLMz_vNs_eRrVhKP26oBhEV3mRg\">Mirae Asset Emerging Bluechip<\/a><\/td>\n<td>1.0%<\/td>\n<td>15.4%<\/td>\n<td>17.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/sbi-banking-financial-services-growth--SBD464G-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/sbi-banking-financial-services-growth--SBD464G-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNF7ft0acok2bP6pMVCfQkKdMfMPuA\">SBI Banking &amp; Financial Services<\/a><\/td>\n<td>1.8%<\/td>\n<td>23.9%<\/td>\n<td>23.9%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/axis-focused-25-growth--AFDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/axis-focused-25-growth--AFDG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNHO5bxxx003EA_uGzcjf529AY8yCA\">Axis Focused 25<\/a><\/td>\n<td>1.1%<\/td>\n<td>16.4%<\/td>\n<td>20.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNEorV1KnSttR2-oFfV3x8zKz_QxTQ\">Axis Long Term Equity<\/a><\/td>\n<td>1.2%<\/td>\n<td>14.3%<\/td>\n<td>17.4%<\/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 border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<table class=\"m_-2265399300033067142mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"m_-2265399300033067142mcnTextContent\" valign=\"top\">\n<h4><span class=\"ez-toc-section\" id=\"Top_ELSS_funds\"><\/span><strong>Top ELSS funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<table border=\"0\" width=\"585\" 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:\/\/app.kuvera.in\/explore\/nippon-india-tax-saver-growth--TSAG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/nippon-india-tax-saver-growth--TSAG-GR&amp;source=gmail&amp;ust=1576384806870000&amp;usg=AFQjCNFxkWjHhmdTTsy2rkiC32JXrjcl_g\">Nippon India Tax Saver<\/a><\/td>\n<td>3.3%<\/td>\n<td>1.4%<\/td>\n<td>4.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/hdfc-tax-saver-growth--32T-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/hdfc-tax-saver-growth--32T-GR&amp;source=gmail&amp;ust=1576384806871000&amp;usg=AFQjCNGs6fR_vGyqPwMz4RahLJ9LkLdNrw\">HDFC Tax Saver<\/a><\/td>\n<td>1.6%<\/td>\n<td>5.4%<\/td>\n<td>8.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/jm-tax-gain-growth--TGDG-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/jm-tax-gain-growth--TGDG-GR&amp;source=gmail&amp;ust=1576384806871000&amp;usg=AFQjCNEJLVb7rhm7bhvdIrvxrz-N_Pn22A\">JM Tax Gain<\/a><\/td>\n<td>1.6%<\/td>\n<td>14.7%<\/td>\n<td>15.9%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/icici-prudential-long-term-equity-growth--8000-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/icici-prudential-long-term-equity-growth--8000-GR&amp;source=gmail&amp;ust=1576384806871000&amp;usg=AFQjCNGOLjXIf5lVsozgSkjgr2j1O1-46w\">ICICI Prudential Long Term Equity<\/a><\/td>\n<td>1.5%<\/td>\n<td>9.4%<\/td>\n<td>11.7%<\/td>\n<\/tr>\n<tr>\n<td width=\"303\" height=\"19\"><a href=\"https:\/\/app.kuvera.in\/explore\/tata-india-tax-saving-growth--TATSFGZ-GR\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/app.kuvera.in\/explore\/tata-india-tax-saving-growth--TATSFGZ-GR&amp;source=gmail&amp;ust=1576384806871000&amp;usg=AFQjCNFiobaJW782er6bl2r9imuyZf4qWQ\">Tata India Tax Saving<\/a><\/td>\n<td>1.4%<\/td>\n<td>16.1%<\/td>\n<td>15.8%<\/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\/uti\"><b> UTI Mutual Fund<\/b><\/a> has announced that Kiran Vohra, Executive Vice President &amp; Company Secretary ceases to be Key Person of UTI AMC Ltd, with effect from 11 December 2019.<\/p>\n<p><b>2\/<\/b><a href=\"https:\/\/kuvera.in\/explore\/amc\/union\"><b>Union Mutual Fund<\/b><\/a> <span style=\"font-weight: 400;\">has announced that Hardick Bora has been appointed as a Co-Fund Manager of Union Large &amp; Midcap Fund, in addition to the existing fund manager of Union Large &amp; Midcap Fund with effect from 17 December 2019.<\/span><\/p>\n<p><b>3\/ <\/b><a href=\"https:\/\/kuvera.in\/explore\/amc\/l_t\"><b>L&amp;T Mutual Fund<\/b><\/a><span style=\"font-weight: 400;\"> has announced a <\/span><a href=\"https:\/\/www.ltfs.com\/content\/dam\/lnt-financial-services\/lnt-mutual-fund\/downloads\/addenda\/2019-20\/Notice%20Cum%20Addendum%20-%20No.%2030%20(F.Y%202019%20-%202020)%20for%20Change%20in%20Fund%20Manger.pdf\"><span style=\"font-weight: 400;\">change in Fund Managers<\/span><\/a><span style=\"font-weight: 400;\"> under some of its schemes, with effect from 17 December 2019.<\/span><\/p>\n<p><b>4\/ <\/b><a href=\"https:\/\/kuvera.in\/explore\/amc\/nippon\"><b>Nippon India Mutual Fund<\/b><\/a><span style=\"font-weight: 400;\"> has announced that Upendra Joshi has been appointed as an Independent Director on the Board of Reliance Capital Trustee Co. Limited, with effect from 16 December 2019.<\/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 class=\"b-qt qt_121122\"><strong>Unless commitment is made, there are only promises and hopes&#8230; but no plans.<\/strong><\/p>\n<p class=\"bq_fq_a\"><strong>: Peter Drucker<\/strong><\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Read more:\u00a0<a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Watch\/hear on YoutTube:<\/p>\n<p><iframe loading=\"lazy\" title=\"KUVERA in Media\" src=\"https:\/\/www.youtube.com\/embed\/videoseries?list=PLDSzQdT9nLmDSP3gSlDkPcUl-cfeI-KeB\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\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> and\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>We were on the hot seat on Startup Street show this Wednesday to discuss our future plans. If you missed that you can watch it below. &nbsp; In its report \u201cAnalysis of Indian investor behaviour and its impact on performance\u201d Axis Mutual Fund found that returns earned by Mutual Fund Investors over a period of [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/mutual-fund-weekly-uti-amc-ipo-passive-funds-and-the-behaviour-gap\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":4088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,167,259,83,36,225,11,66,280,281,154,212,249,274,229,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UTI AMC IPO, Passive Funds, and the Behaviour Gap - Kuvera<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cnbctv18.com\/personal-finance\/all-you-need-to-know-about-mutual-funds-last-week-14-4921311.htm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UTI AMC IPO, Passive Funds, and the Behaviour Gap - Kuvera\" \/>\n<meta property=\"og:description\" content=\"We were on the hot seat on Startup Street show this Wednesday to discuss our future plans. 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