investor journal for the month of jul - 2020 · 2020. 7. 4. · a positive return of 3.22% and...

KARVY’s

July 2020

INVESTOR JOURNAL

www.karvyvalue.com

What’s Inside

KARVY’sINVESTOR JOURNAL

Fund of the MonthFranklin India Technology Fund(G)

To provide long-term capital appreciation by predominantly ...July, 2020

Market ReviewPage 01

Karvy Investment InsightPage 03

Fund of The MonthPage 04

Readers CornerPage 05

Story of The MonthPage 06

SIP PerformancePage 07

Category Average ReturnsPage 08

Fixed Deposits SchemesPage 09

Equity Funds Performance0

Debt Funds PerformancePage 12

Indices WatchPage 13

Highlights of the Month » The mutual fund industry’s asset under

management (AUM) increased by 3.19% from Rs. 23.53 lakh crore in April 2020 to Rs. 24.28 lakh crore in May 2020, according to data published by the Association of Mutual Funds in India.

» In May 2020, systematic investment plans (SIPs) fell from Rs. 8,376 crore in April 2020 to Rs. 8,123 crore i.e. 3.02%

» Liquid funds witnessed a net inflow of Rs. 61,870.87 crore during the month May 2020 compared to a net inflow of Rs. 68,848.01 crore during the month April 2020.

» Hybrid Funds witnessed a net inflow of Rs. 8,652.04 crore in the month May 2020 compared to a net inflow of Rs. 4,204.78 crore in the month April 2020. This inflow was mainly due to Arbitrage Funds as these funds witnessed net inflow of Rs. 10,806.16 crores.

» Net inflows into equity mutual funds stood at Rs. 5,256.52 crore in May 2020 as against Rs. 6,212.96 crore in April 2020. This is majorly due to inflow in large-cap funds.

» The mutual fund industry as a whole saw a net inflow of Rs. 70,813.41 crore in May 2020 compared to a net inflow of Rs. 45,999.48 crore in April 2020. This inflow was mainly due to liquid funds.

Page 04

K E E P G R O W I N G FINANCIAL PRODUCT

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INVESTOR JOURNALJuly, 2020


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Market Review

Exports: » Exports in May 2020 were USD 19.05

billion, as compared to USD 29.99 billion in May 2019, exhibiting a negative growth of (-) 36.47%. The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.

» Leather & leather products (-75.07%); Gems & jewellery (-68.83%); Petroleum products (-68.46%); Meat; dairy & poultry products (-56.38%); Other cereals (-49.53%); Electronic goods (-45.35%); Engineering goods (-24.25%); Oil Meals (-22.76%); and Organic & inorganic chemicals (-12.71%). In May 2020, all other commodity groups have showed negative growth over the corresponding month of last year with Iron ore, Drugs & pharmaceuticals, Spices and Rice being the exception with positive growth of 103.04%, 17.32%, 10.55% and 7.64% respectively.

» Non-petroleum and Non-Gems and Jewellery exports in May 2020 were USD 16.36 billion, as compared to USD 21.42 billion in May 2019, exhibiting a negative growth of (-) 23.61 percent.

Imports: » Imports in May 2020 were USD 22.20 billion,

which was 51.05 per cent lower over imports of USD 45.35 billion in May 2019.

» Gold (-98.40%); Petroleum, Crude & products (-71.98%); Coal, Coke & Briquettes, etc. (-44.93%); Electronic goods (-40.32%); Machinery, electrical & non-electrical (-34.37%); negative growth in May 2020 over the corresponding month of last year.

» Cumulative value of imports for the period April-May 2020-21 was USD 39.32 billion (Rs. 2,98,502.76 crore), as against USD 86.75 billion (Rs. 6,03,881.86 crore) during the period April-May 2019-20, registering a negative growth of (-) 54.67 per cent in Dollar terms.

Crude Oil and Non-Oil Imports: » Oil imports in May 2020 were USD 3.49

billion, which was 71.98 percent lower, compared to USD 12.44 billion in May 2019.

» Non-oil imports in May 2020 were estimated

at USD 18.71 billion which was 43.13 per cent lower compared to USD 32.91 billion in May 2019.

Trade Balance:The trade deficit for May 2020 was estimated at USD 3.15 billion as against the deficit of USD 15.36 billion in May 2019.

Taking merchandise and services together, overall trade surplus for April-May 2020-21* is estimated at USD 4.37 billion as compared to the deficit of USD 17.84 billion in April-May 2019-20..

*The latest data for services sector released by RBI is for April 2020. The data for May 2020 is estimation, which will be revised based on RBI’s subsequent release.

CPI Inflation:In April 2020, general CPI inflation declined to 5.84% from 5.91% in March 2020. The inflation rate is the lowest since November 2019, as prices rose at a softer pace for food & beverages and miscellaneous and faster for fuel & light and pan, tobacco & intoxicants. India’s government did not release headline retail inflation figures for the month of May as the country has been under lockdown amid efforts to contain the spread of the COVID-19 pandemic.

WPI Inflation:Wholesale prices in India declined to 3.21 percent in May 2020. This was the steepest drop in wholesale prices since Nov 2015, amid strict public health measures to contain the spread of coronavirus outbreak. The prices for food rose 1.3% while the cost of fuel and power declined much faster (-19.83% vs. -10.12%). In April, wholesale prices could not be computed due to the non-availability of manufactured product group index.

IIP:Industrial production in India plunged to 18.3% from a year earlier in March 2020. It is the steepest decline since records began in 1994 and much worse than market expectations of an 8.7 percent tumble, as the COVID-19 pandemic forced many businesses to close. Production decreased for manufacturing (-22.4%), electricity output (-8.2%) and mining (-1.4%).

Apart from FII and MF activity, Key domestic data released in the month of June were:

1

BSE Sensex and Nifty 50 gave a positive return of 3.22% and 3.24% respectively during the month. Among the BSE sectoral indices, S&P BSE Small-cap was the top performer with 13.66%. The mutual fund industry as a whole saw a net inflow of Rs. 70,813.41 crore in May 2020 compared to a net inflow of Rs. 45,999.48 crore in April 2020. This inflow was mainly due to liquid funds. Systematic investment plans (SIPs) collection stood Rs. 8,123 crore. Net inflows into equity mutual funds stood at Rs. 5,256.52 crore in May 2020 as against Rs. 6,212.96 crore in April 2020. This is majorly due to inflow in large-cap funds. Indian government did not release CPI inflation figures for the month of May as the country is making efforts to contain the spread of the COVID-19 pandemic.

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2

-----------------------------------------------------------------------------------------------------------------------------------------------------------Source : ACE MF

S&P BSE SENSEX

Date Close Price Points Diff %age Change

2-Jun-2020 33,826

9-Jun-2020 33,957 131 0.4%

16-Jun-2020 33,605 -351 -1.0%

23-Jun-2020 35,430 1825 5.4%

30-Jun-2020 34,916 -515 -1.5%

Overall Change for the month 3.22%

NIFTY 50

Date Close Price Points Diff %age Change

02-Jun-2020 9,979

09-Jun-2020 10,047 67.55 0.7%

16-Jun-2020 9,914 -132.65 -1.3%

23-Jun-2020 10,471 557.00 5.6%

30-Jun-2020 10,302 -168.90 -1.6%

Overall Change for the month 3.24%

Sensex & Nifty: (Month Between 01-Jun-2020 to 30-Jun-2020)

MF Activity: (Month Between 01-Jun-2020 to 30-Jun-2020)

Equity

Date Gross Purchase (Cr.) Gross Sale (Cr.) Net (Cr.)

02-Jun-2020 3,513 3,717 -204

09-Jun-2020 3,177 3,684 -507

16-Jun-2020 3,001 2,473 527

23-Jun-2020 2,565 2,866 -301

30-Jun-2020 3,770 1,921 1,850

For the Month 73,090.6 73,702.8 -612.24

Debt


02-Jun-2020 7,915 6,427 1,488

09-Jun-2020 9,413 6,219 3,194

16-Jun-2020 7,526 5,113 2,413

23-Jun-2020 7,593 6,241 1,352

30-Jun-2020 7,224 5,455 1,769

For the Month 178,127.2 136,773.0 41,354.3

FII Activity: (Month Between 01-Jun-2020 to 30-Jun-2020)

Equity


02-Jun-2020 13,182 6,249 6,933

09-Jun-2020 6,340 5,287 1,053

16-Jun-2020 3,219 5,882 -2,663

23-Jun-2020 5,705 5,274 431

30-Jun-2020 5,411 5,515 -104

For the Month 170,846.37 149,014.75 21,831.62

Debt


02-Jun-2020 1,402 1,229 173

09-Jun-2020 251 286 -35

16-Jun-2020 497 663 -165

23-Jun-2020 1,093 910 183

30-Jun-2020 2,542 1,567 976

For the Month 21,934.57 23,479.53 -1,544.96

NOTE:This data changes frequently on SEBI websites, So this data may be different when compared with SEBI



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Karvy Investment Insight

Peace of mind and Wealth Creation ideas for long term

Karvy Insights brings to you investment wisdom to help you make sound investment decisions to reach your goals faster. These inputs may not help you become wealthy within a short span of time, but they would definitely bring you peace of mind and act as a roadmap for your financial journey.

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Retirement Strategies: Using mutual funds----------------------------------------------------------------------------------------------------------------------------------------------------------

Retirement is considered the ‘golden’ period of one’s life, and it could be - if you plan right for it. You’d need a sizeable corpus to retire comfortably, while maintaining the same lifestyle, or a better one. The first step is to plan, the second is to execute that plan.

We’d covered the golden rules of retirement in one of our earlier articles. We’ll now cover how to use mutual funds to plan for your retirement and what strategies to adopt.

As discussed in our earlier article, you’ll first need to estimate how much you will need when you retire. This will involve understanding your current expenses and savings, the age you expect to retire, your expected lifespan, inflation and the growth you expect from your investments. You’ll arrive at a required corpus for your retirement. A good retirement calculator can help you figure out how what your corpus will be after adjusting for inflation and how much you need to invest to build that corpus.

Let’s look at an example:

Current age 30 years

Retirement age 60 years

Expected lifespan 80 yearsAmount you want to have for retirement Rs. 1 crore

Expected rate of inflation per annum 7%

Amount needed at retirement adjusted for inflation ~Rs. 7.7 croresExpected rate of return on your investment 12%*SIP (monthly) ~Rs. 25,000

*assumed rate of return for equity mutual funds

The above calculations don’t consider any existing savings you may have but taking them into account will give you a better picture of how much you’ll need to invest. Also, do account for any other planned expenditures and emergencies while figuring out how much you would need when you retire. You can calculate your retirement needs here.

Once you figure out how much you need to invest, the next step is to set up your SIP.

What investment strategy should you follow?

Your investment strategy depends on two factors - your age, and your ability to take risk, both interlinked. You’ll also have two needs - capital appreciation, and regular income.

You can start a SIP in equity funds for capital appreciation. The further away you are from retirement, your ability to invest in equity is higher. Periodically step-up your SIP to possibly reach your goal faster. You can also add lumpsum investments along the way to your corpus.

The closer you get to retirement, use Systematic Transfer Plans (STPs) to move into debt funds, and Systematic Withdrawal Plans (SWPs) for monthly withdrawals.

STPs can be used for moving investments from debt to equity and from equity to debt. In the case of retirement, or any goal, the closer you get to your goal, the lesser you’ll want your investments to be impacted by market volatility. Using an STP will move your money from equity to debt and give your portfolio the stability you need.

SWPs allow you to withdraw a fixed sum at regular intervals from your fund. This will give you a regular stream of income during retirement.

It would be prudent to transfer a lumpsum from your equity fund to debt using an STP, and to do an SWP from the debt fund to your bank account. Ensure you continue to have investments in equity, albeit a lower allocation, so there’s still room for capital appreciation, and you benefit from the best of both.

Source : SUNDARAM AMC



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‘Tweets’ of the Month

Fund of The Month

Franklin India Technology Fund(G)

Investment Objective:To provide long-term capital appreciation by predominantly investing in equity and equity relatedsecurities of technology and technology related companies.

Portfolio:

Top 10 Companies Holdings

Name %age

Infosys Ltd. 26.5

Franklin Technology Fund, Class I 10.9

Tata Consultancy Services Ltd. 8.5

HCL Technologies Ltd. 8.3

Bharti Airtel Ltd. 5.6

Info Edge (India) Ltd. 5.0

Tech Mahindra Ltd. 4.2

Cognizant Technology Solutions Corporation 3.7

Taiwan Semiconductor Manufacturing Co. Ltd. 2.6

Larsen & Toubro Infotech Ltd. 2.2

Top 10 Sector Wise Holding

Industry Name (%)

IT - Software 52.9

Unspecified 12.8

Finance - Asset Management 10.9

Telecommunication - Service Provider 6.9

Other 6.3

BPO/ITeS 6.2

Other 3.7

Travel Services 0.4

To read the full Information, Click Here

Indicates an increase or decrease or no change in holding since last profile.

Indicates an increase or decrease in holding since last portfolio.

INVEST HERESource : ACE MF

Easier to train creative people to become problem solvers than

training people to be more creative in solving problems.

@kunalb11

The need to be precise in investment results is the biggest

barrier to right investing. The only thing that’s

precise is past

@kalpenparekh

Stay unemotional, whether on the way up or down! SIPs can help only if you

let them

@dspmf

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Readers Corner

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LIKE US ON FACEBOOK

Source : SUNDARAM AMC

Whether you’re building your own business, or just trying to take charge of your finances, several financial experts offer targeted advice for women. No matter which stage of life you’re in, or if you’re a novice at finances, there is a lot you can do to achieve financial security. Let’s see how:Early adulthoodUsually, early adulthood refers to the ages of 18 through to your mid-twenties. For many, early adulthood means either tertiary education, part-time or full-time employment. Financial experts say this is the ideal period to begin your financial journey. It is the right time to start simple saving plans - it could be for your college tuition, a vacation, or even if you’re planning to move out of your parents’ home.The easiest way to kick-start your financial planning at that age is to set aside a small amount of money every week, which will make a massive difference to your savings in the long run. Starting a fixed or recurring deposit makes this task easier for you. You could also set up a fund for your future goals, say - an extensive travel plan to check things off your bucket list.If you have a 3-5-year investment horizon, consider investing in a balanced fund or a large-cap fund. You can also save on income tax by investing in Equity Linked Savings Scheme (ELSS or tax-saving mutual funds).Tying the KnotMarriage is a significant milestone in every one’s life and not to mention, one of the most important transition periods too. With marriage, many other milestones follow like buying your first home and preparing to be a parent. When you marry, it’s not just your financial security that you have to take care of, but that of your partner and your family too. Discuss your savings, expenses, debts and investments with your partner, so you can together build a comprehensive investment plan secure your collective financial

future.Things you could do include starting a joint savings account. You could also invest in liquid funds for near-term goals or for day-to-day or monthly expenses. For longer term goals (5+ year horizon), you could invest in mid or small cap equity mutual funds.MotherhoodAs a parent, you’ll have new expenses to take care of - childcare, schooling, higher education and maybe even your child’s marriage. With several financial goals to achieve during this stage of life, the best way forward is to start a SIP for each goal. Also remember that as your income increases, keep increasing your SIP amount as well. By planning early for your child’s goals, you not only invest comfortably over a long-term but also avoid getting into huge debts. This will benefit you in the long run.RetirementTo say that retirement planning is essential is an understatement. A safe and financially secure retirement is the dream, which can be a reality for many women. Retirement though several years away is the goal you need to start investing for very early on in life. This is because you need to build a corpus that will allow you to lead the life you want for 20+ years once you retire. Start a long-term SIP in an equity mutual fund, and as you get closer to retirement shift your investments towards assets with lower risk (debt funds). Your investments can continue to grow, and with Systematic Transfer Plans (transfer from equity to debt for stability) and Systematic Withdrawal Plans (transfer from debt funds to bank for monthly income) you can make your retirement a happy one.When weighing your options, be sure to contact your financial advisor so you can successfully navigate your finances at every stage of your life. It is never too early to get proactive about your finances.

Financial Tips for Women



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Story of The Month

There was once a man who had four sons. He wanted his sons to learn not to judge things too quickly. So he sent them each on a quest, in turn, to go and look at a pear tree that was a great distance away.

The first son went in the winter, the second in the spring, the third in summer, and the youngest son in the fall. When they had all gone and come back, he called them together to describe what they had seen.

The first son said “the tree was ugly, bent, and twisted.” The second son said “no, it was covered with green buds and full of promise.” The third son disagreed; he said

TAKE TIME IN JUDGEMENT

MORAL OF THE STORY:

Courtesy : Karvy Learning Center

Direct Dil Se…

6

Do not judge others by just one event or “season” in their lives. Take time and have a lot of patience before you form an opinion, otherwise you may miss out on an opportunity of seeing the best from a person. Like in the story, if you give up when it’s winter, you will miss the promise of your spring, the beauty of your summer and the fulfillment of your

fall.

“it was laden with blossoms that smelled so sweet and looked so beautiful, it was the most graceful thing I have ever seen.” The last son disagreed with all of them; he said “it was ripe and drooping with fruit, full of life and fulfillment.”

The man then explained to his sons that they were all right, because they had each seen but only one season in the tree’s life. He told them that you cannot judge a tree, or a person, by only one season, and that the essence of who they are and the pleasure, joy, and love that come from that life can only be measured at the end, when all the seasons are up.



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Schemes(Monthly SIP of Rs. 10,000)

Current NAV (`)

Present value

(Rs)

3 Year SIP Present value

(Rs)

5 Year SIP

Rs.360000 Rs.600000

Profit-SIP XIRR(%) Profit-SIP XIRR(%)

Large CapAxis Bluechip Fund-Reg(G) 29.01 381110.86 21110.86 3.74 734780.59 134780.59 8.04

Canara Rob Bluechip Equity Fund-Reg(G) 25.57 382926.52 22926.52 4.06 721436.77 121436.77 7.31

BNP Paribas Large Cap Fund(G) 88.90 366194.95 6194.95 1.11 673263.41 73263.41 4.56

Mirae Asset Large Cap Fund-Reg(G) 47.21 348681.36 -11318.64 -2.07 671641.09 71641.09 4.46

JM Large Cap Fund(G) 66.60 364691.96 4691.96 0.84 654513.98 54513.98 3.44

Large & Mid CapMirae Asset Emerging Bluechip-Reg(G) 52.53 368332.27 8332.27 1.49 730686.77 130686.77 7.82

Quant Large & Mid Cap Fund(G) 38.16 374920.85 14920.85 2.66 697149.32 97149.32 5.94

Kotak Equity Opp Fund(G) 115.74 358928.94 -1071.06 -0.19 674372.31 74372.31 4.62

Canara Rob Emerg Equities Fund-Reg(G) 88.99 347751.38 -12248.62 -2.24 670656.23 70656.23 4.40

Invesco India Growth Opp Fund(G) 31.75 346854.51 -13145.49 -2.40 662458.92 62458.92 3.92

Multi capParag Parikh Long Term Equity Fund-Reg(G) 27.43 400952.09 40952.09 7.13 762483.25 162483.25 9.53

Quant Active Fund(G) 183.63 376764.56 16764.56 2.98 707216.99 107216.99 6.52

Canara Rob Equity Diver Fund-Reg(G) 132.16 370540.05 10540.05 1.89 701125.53 101125.53 6.17

DSP Equity Fund-Reg(G) 38.61 363169.37 3169.37 0.57 684554.32 84554.32 5.22

UTI Equity Fund-Reg(G) 138.72 364301.13 4301.13 0.77 679081.76 79081.76 4.90

Mid CapAxis Midcap Fund-Reg(G) 37.82 386621.85 26621.85 4.70 738222.49 138222.49 8.23

DSP Midcap Fund-Reg(G) 54.00 359667.77 -332.23 -0.06 678953.90 78953.90 4.89

Invesco India Midcap Fund(G) 47.13 357254.36 -2745.64 -0.50 668848.44 68848.44 4.30

Taurus Discovery (Midcap) Fund-Reg(G) 42.10 354212.32 -5787.68 -1.05 667337.38 67337.38 4.21

Quant Mid Cap Fund(G) 54.81 361346.25 1346.25 0.24 648149.40 48149.40 3.05

Small CapAxis Small Cap Fund-Reg(G) 28.15 361136.36 1136.36 0.20 679174.00 79174.00 4.91

SBI Small Cap Fund-Reg(G) 49.14 340336.06 -19663.94 -3.62 676228.78 76228.78 4.73

Nippon India Small Cap Fund(G) 34.73 316678.39 -43321.61 -8.16 611102.28 11102.28 0.72

Kotak Small Cap Fund(G) 64.91 323711.68 -36288.32 -6.79 589878.21 -10121.79 -0.67

DSP Small Cap Fund-Reg(G) 49.54 318069.58 -41930.42 -7.89 568622.77 -31377.23 -2.11

ELSSQuant Tax Plan(G) 91.93 364599.40 4599.40 0.83 694083.94 94083.94 5.77

Canara Rob Equity Tax Saver Fund-Reg(G) 63.72 369807.70 9807.70 1.76 693929.08 93929.08 5.76

Axis Long Term Equity Fund-Reg(G) 43.90 364674.40 4674.40 0.84 693907.67 93907.67 5.76

BOI AXA Tax Advantage Fund-Reg(G) 52.25 359702.25 -297.75 -0.05 680121.91 80121.91 4.96

Invesco India Tax Plan(G) 48.59 354020.00 -5980.00 -1.09 666899.35 66899.35 4.18

SectorNippon India Pharma Fund(G) 189.15 467183.08 107183.08 17.70 792659.10 192659.10 11.09

Franklin India Technology Fund(G) 175.01 418382.40 58382.40 10.02 781864.42 181864.42 10.54

SBI Technology Opp Fund-Reg(G) 66.67 401307.19 41307.19 7.19 746283.47 146283.47 8.67

UTI Healthcare Fund-Reg(G) 104.52 442847.78 82847.78 13.94 717641.76 117641.76 7.10

ICICI Pru Technology Fund(G) 56.34 377682.72 17682.72 3.14 707395.90 107395.90 6.53

IndexTaurus Ethical Fund-Reg(G) 51.87 373079.47 13079.47 2.33 680019.17 80019.17 4.95

HDFC Index Fund-Sensex(G) 318.52 355339.74 -4660.26 -0.85 672810.40 72810.40 4.53

Tata Index Fund-Sensex Plan(G) 88.61 355736.61 -4263.39 -0.77 670259.63 70259.63 4.38

Nippon India Index Fund - Sensex Plan(G) 17.69 354305.15 -5694.85 -1.03 664861.98 64861.98 4.06

LIC MF Index Fund-Sensex Plan(G) 66.67 353822.94 -6177.06 -1.12 660886.02 60886.02 3.82

As on 03rd July’2020 7Source : ACE MF

SIP Performance



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Category Average Returns

Category Sub Category1 Week Return

1 Month Return

6 Month Return

1 Year Return

3 Year Return

5 Year Return

Since Inception

Market Cap

Large-cap 1.58 4.40 -13.67 -11.08 1.44 4.57 7.28

Large and mid cap 1.07 5.15 -12.52 -9.53 0.31 5.03 8.85

Mid-cap 0.28 6.34 -10.97 -9.65 -1.22 4.21 5.41

Multi-cap 1.14 5.03 -11.79 -8.51 0.80 4.36 4.77

Small-cap 0.55 7.95 -13.68 -14.85 -7.43 3.15 -0.86

Sector Funds

Banks & Financial Services 2.12 7.56 -27.83 -23.51 -2.17 4.12 9.09

Consumption 0.48 4.15 -6.42 -2.05 2.24 6.53 4.69

Energy & Power 1.69 7.87 -11.08 -10.34 -1.93 4.94 10.62

Infrastructure 0.83 6.71 -16.91 -20.30 -5.48 0.25 3.89Pharma & Health Care -1.51 1.63 22.65 34.06 11.09 7.11 17.52

Service Industry 0.98 4.75 -13.19 -7.19 -1.16 3.01 8.32

TECk 3.98 6.09 0.23 2.01 13.28 8.52 13.26

Speciality

Contra 1.84 6.50 -10.87 -7.89 4.88 6.93 11.63

Dividend Yield 1.53 6.03 -9.42 -7.22 -0.71 4.00 9.72

Global 20.59 18.65 -9.65 5.46 8.28 5.55 11.39

MNC 0.96 5.08 -6.11 -0.81 3.23 4.54 7.73

Equity Exchange Traded Funds 1.86 6.39 -15.55 -12.55 2.63 3.54 2.99

Equity Linked Savings Scheme 1.23 6.11 -12.90 -11.34 -0.36 4.80 5.46

Equity Savings Scheme 0.81 2.59 -3.66 -1.42 2.80 4.73 5.13

Focused Fund 1.56 5.13 -11.81 -7.19 2.02 5.42 5.65

Index

Nifty 2.49 5.62 -14.05 -11.46 3.77 4.76 7.71

Nifty Next 50 0.15 5.49 -9.05 -5.71 -0.59 5.08 2.65

Sensex 2.89 5.94 -13.61 -9.48 5.35 5.39 10.07

Others 0.99 6.48 -13.84 -6.85 1.21 3.30 -1.58

Aggressive Hybrid Fund 1.24 4.17 -9.30 -6.48 1.12 4.23 7.82

Balanced Advantage 1.11 3.69 -5.76 -1.32 3.53 5.77 6.81

Dynamic Asset Allocation 1.14 3.38 -2.27 1.53 3.60 4.96 6.72

Multi Asset Allocation 1.33 4.66 -5.09 -0.24 3.54 5.51 8.91

Banking and PSU Fund 20.75 19.88 12.31 11.53 8.44 8.50 8.39

Corporate Bond 25.23 22.87 12.93 10.77 7.54 8.01 7.68

Credit Risk Fund 21.62 9.96 -9.64 -1.38 1.05 3.98 0.87

Dynamic Bond 25.86 14.59 9.09 9.59 6.33 7.75 6.29

GiltLong Term 20.33 9.88 17.23 14.45 10.49 10.66 9.11Short and Medium term 27.42 9.75 15.45 11.96 7.76 9.10 8.60

Floating Rate 20.05 18.58 10.11 9.27 7.67 7.81 8.06

Liquid 3.40 3.58 4.67 5.14 6.33 6.68 6.91

Ultra Short Term Plan 6.64 6.84 5.97 6.65 6.28 6.93 5.78

Gold ETFs 37.31 22.05 45.81 40.90 17.71 11.68 9.74

Gold FOFs 25.07 22.80 47.60 43.29 17.53 11.71 5.64

Note: Debt Mutual funds & Golds funds are annualised for less than 1 year returns

Returns are as on 03rd July’20208

Source : ACE MF



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Fixed Deposits Schemes

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FD Name Rating IndustryInterest Rate

* (Up to)

Bajaj Finance Ltd.FAAA by CRISILICRA MAAA

Bajaj Finserv is the most diversifed non-bank in the country, the largest financier of consumer durables in India and one of the most profitable firms in the category.

7.35%

HDFC Ltd.FAAA by CRISIL, MAAA by ICRA

A pioneer and leader in housing finance in India, since inception, HDFC has assisted more than 4.9 million customers to own a home of their own. HDFC is the Largest mobiliser of public deposits outside the banking system and the HDFC Group has a strong asset base of over Rs.2.97 trillion and a customer base of over 42.5 million.

6.66%

ICICI Home Finance Ltd

CRISIL FAAA/Stable, CARE AAA/Stable, ICRA MAAA/Stable

ICICI Home Finance Company Limited is one of the leaders in the Indian mortgage finance and realty space.

7.10%

LIC Housing Finance Ltd.

FAAA / STABLE by CRISIL

One of India’s largest housing finance companies, having nation-wide network. Consistent record of dividend payments.

7.35%

Mahindra & Mahindra Financial Services Ltd

CRISIL FAAAMahindra and Mahindra Financial Services Limited (MMFSL) commenced its journey two decades back in the rural non-banking finance industry.

8.05%

PNB Housing Finance Ltd.

FAAA/Stable by CRISIL, AAA by CARE

PNB Housing Finance (PNBHF) is a subsidiary of Punjab National Bank and a partner of Destimoney Enterprises Pvt. Ltd. PNBHF was incorporated in 1988 and is based in New Delhi.

7.60%

Shriram City Union Finance Ltd.

MAA+ (Stable) by ICRA

As a deposit-accepting non-banking financial company (NBFC), Shriram City is today India’s premier financial services company specializing in retail finance.

9.00%

Shriram Unnati Deposits

FAAA/Stable by CRISIL, MAA+/Stable by ICRA

With a track record of about 30 years in this business, STFC is among the leading organized finance provider for the commercial vehicle industry

8.76%

Sundaram Home Finance Ltd.

FAAA/STABLE by CRISIL

Sundaram BNP Paribas Home Finance combines its expertise in Home Finance with the Service Orientiation of its promoter Sundaram Finance.

7.25%

* highest rate including additional interest for Senior citizens, employees etc. wherever applicable



FORTUNE

Equity Funds Performance

Scheme NameLatest

NAV (`)

Absolute(%) CAGR(%)

1 Year 3 Year 5 Year SINCE INCEPTION

Large Cap

Axis Bluechip Fund-Reg(G) 29.01 -4.02 9.20 8.19 10.68

Canara Rob Bluechip Equity Fund-Reg(G) 25.57 -0.47 7.40 7.63 9.97

Mirae Asset Large Cap Fund-Reg(G) 47.21 -10.09 3.74 7.49 13.50

ICICI Pru Bluechip Fund(G) 38.80 -11.00 2.78 5.72 11.84

HSBC Large Cap Equity Fund(G) 199.10 -8.03 2.66 5.58 18.56

Multi Cap

Parag Parikh Long Term Equity Fund-Reg(G) 27.43 7.90 9.96 10.38 15.27

Quant Active Fund(G) 183.63 -1.50 5.98 8.00 16.28

Kotak Standard Multicap Fund(G) 32.80 -10.15 2.73 7.16 11.61

DSP Equity Fund-Reg(G) 38.61 -4.18 4.48 6.94 10.88

Canara Rob Equity Diver Fund-Reg(G) 132.16 -4.34 5.96 6.43 16.60

Large & Mid Cap

Mirae Asset Emerging Bluechip-Reg(G) 52.53 -3.39 4.92 11.48 18.06

Quant Large & Mid Cap Fund(G) 38.16 2.95 1.98 8.70 10.38

Canara Rob Emerg Equities Fund-Reg(G) 88.99 -6.20 1.90 8.25 15.34

Principal Emerging Bluechip Fund(G) 97.54 -6.55 0.98 6.93 21.61

DSP Equity Opportunities Fund-Reg(G) 207.73 -6.41 1.92 6.90 16.25

Mid Cap

DSP Midcap Fund-Reg(G) 54.00 -1.72 2.06 8.08 13.16

Axis Midcap Fund-Reg(G) 37.82 2.05 8.78 7.58 15.24

Kotak Emerging Equity Fund(G) 35.88 -8.37 -0.34 6.50 10.11

L&T Midcap Fund-Reg(G) 119.88 -9.11 -2.26 6.42 16.90

Invesco India Midcap Fund(G) 47.13 -2.56 3.45 6.14 12.45

Small Cap

SBI Small Cap Fund-Reg(G) 49.14 -4.80 3.62 9.75 15.85

Axis Small Cap Fund-Reg(G) 28.15 -3.82 3.76 7.84 16.99

Nippon India Small Cap Fund(G) 34.73 -12.51 -2.10 7.47 13.55

L&T Emerging Businesses Fund-Reg(G) 18.68 -21.31 -7.45 5.51 10.71

HDFC Small Cap Fund-Reg(G) 32.35 -23.56 -4.06 4.69 10.06

Performance as on 03rd July’2020; Funds have been arranged on the basis of 5 years performance

10Source : ACE MF



FORTUNE

Equity Funds Performance

Scheme NameLatest

NAV (`)

Absolute (%) CAGR (%)


ELSS

Quant Tax Plan(G) 91.93 -3.76 2.45 9.45 11.57

Axis Long Term Equity Fund-Reg(G) 43.90 -5.76 6.22 7.17 15.11

Motilal Oswal Long Term Equity Fund-Reg(G) 15.71 -10.00 -0.55 7.10 8.64

DSP Tax Saver Fund-Reg(G) 45.37 -7.79 2.59 6.92 11.89

Tata India Tax Savings Fund-Reg(G) 16.39 -13.36 1.48 6.86 9.01

Sector

Franklin India Technology Fund(G) 175.01 8.27 14.24 9.45 17.65

SBI Banking & Financial Services Fund-Reg(G) 15.24 -19.58 3.33 9.20 8.19

ICICI Pru FMCG Fund(G) 237.48 -1.12 5.06 8.67 16.06

SBI Technology Opp Fund-Reg(G) 66.67 1.03 14.87 8.34 15.19

Mirae Asset Great Consumer Fund-Reg(G) 33.00 -4.98 5.30 8.14 13.75

Thematic

ICICI Pru US Bluechip Equity Fund(G) 33.20 21.46 16.06 13.21 16.19

Aditya Birla SL Digital India Fund(G) 54.68 3.32 15.42 10.52 8.65

Aditya Birla SL India GenNext Fund(G) 81.09 -3.63 4.42 8.15 15.06

Canara Rob Consumer Trends Fund-Reg(G) 38.66 -2.64 5.47 8.12 13.33

Franklin Asian Equity Fund(G) 24.37 7.58 7.42 7.91 7.40

Value

Tata Equity P/E Fund(G) 123.14 -9.28 0.12 6.67 16.97

JM Value Fund(G) 28.83 -10.74 -0.04 5.45 14.59

L&T India Value Fund-Reg(G) 31.20 -14.47 -2.92 4.91 11.46

Nippon India Value Fund(G) 64.90 -13.94 0.26 3.98 13.21

HDFC Capital Builder Value Fund(G) 241.36 -17.28 -1.55 3.70 12.80

Index

HDFC Index Fund-Sensex(G) 318.52 -9.73 5.61 5.93 13.61

Tata Index Fund-Sensex Plan(G) 88.61 -9.49 5.56 5.55 14.41

IDFC Nifty Fund-Reg(G) 22.07 -10.22 4.54 5.52 8.09

UTI Nifty Index Fund-Reg(G) 69.33 -10.78 4.40 5.47 9.99

ICICI Pru Nifty Next 50 Index Fund(G) 22.92 -5.94 -0.43 5.37 8.62

Performance as on 03rd July’2020; Funds have been arranged on the basis of 5 years performance11

Source : ACE MF



FORTUNE

Debt Funds Performance

Scheme NameLatest

NAV (`)Absolute(%) CAGR(%)


Gilt Funds

IDFC G-Sec-Constant Maturity Plan-Reg(G) 34.82 15.15 12.56 11.40 7.04

ICICI Pru Constant Maturity Gilt Fund(G) 18.47 15.33 10.52 10.94 11.14

SBI Magnum Constant Maturity Fund(G) 48.38 13.07 10.76 10.72 8.41

Nippon India Gilt Securities Fund(G) 29.67 13.48 9.24 10.59 9.59

Aditya Birla SL G-Sec Fund(G) 61.94 13.17 8.46 10.36 9.19

Liquid Funds Latest NAV (`) 1 Month 3 Months 6 Months 1 Year

Quant Liquid Plan(G) 31.41 0.38 1.14 2.61 6.00

IDBI Liquid Fund(G) 2141.82 0.34 1.22 2.72 5.75

Aditya Birla SL Liquid Fund(G) 321.72 0.36 1.22 2.63 5.66

Mahindra Manulife Liquid Fund-Reg(G) 1297.78 0.33 1.17 2.57 5.62

Nippon India Liquid Fund(G) 4883.55 0.34 1.24 2.62 5.62

Scheme NameLatest

NAV (`)Absolute(%) CAGR(%)


Balanced

Canara Rob Equity Hybrid Fund-Reg(G) 163.29 0.47 6.05 7.67 10.72

Aditya Birla SL Balanced Advantage Fund(G) 53.36 -0.93 2.97 7.30 8.64

DSP Equity & Bond Fund-Reg(G) 154.14 -0.64 4.28 7.07 13.83

Principal Hybrid Equity Fund(G) 71.54 -6.94 2.37 6.99 10.08

SBI Equity Hybrid Fund-Reg(G) 133.98 -3.37 5.60 6.98 15.14

Conservative Hybrid

ICICI Pru Regular Savings Fund(G) 45.87 5.82 6.43 8.52 9.82

Baroda Conservative Hybrid Fund(G) 27.11 8.39 7.73 7.61 6.51

Kotak Debt Hybrid Fund(G) 33.69 6.92 5.20 7.61 7.59

Canara Rob Conservative Hybrid Fund-Reg(G) 62.60 8.59 6.61 6.89 8.48

SBI Debt Hybrid Fund-Reg(G) 41.69 4.29 3.58 6.61 7.68

Arbitrage Latest NAV (`) 1 Month 3 Months 6 Months 1 Year

Tata Arbitrage Fund-Reg(G) 10.98 0.15 1.14 3.01 5.92

L&T Arbitrage Opp Fund-Reg(G) 14.57 0.14 1.04 2.75 5.68

BNP Paribas Arbitrage Fund-Reg(G) 12.34 0.03 0.78 2.74 5.67

Edelweiss Arbitrage Fund-Reg(G) 14.76 0.06 0.91 2.75 5.66

Union Arbitrage Fund-Reg(G) 10.82 0.05 0.96 2.84 5.57

Gold-FOF Latest NAV (`) 1 Year 3 Years 5 Years SINCE INCEPTION

DSP World Gold Fund-Reg(G) 19.75 56.51 17.81 16.02 5.46

Kotak Gold Fund(G) 19.99 44.08 17.94 11.93 7.75

ICICI Pru Regular Gold Savings(FOF)(G) 16.00 40.89 17.49 11.63 5.53

SBI Gold-Reg(G) 15.04 43.40 17.93 11.54 4.74

Aditya Birla SL Gold Fund(G) 15.08 41.80 17.01 11.48 5.08

Performance as on 03rd July’2020

Hybrid Funds Performance

12Source : ACE MF



FORTUNE

Indices Watch

Index NameAs on

29-May-2020As on

30-Jun-20%

Change

S&P BSE 100 9,697.9 10,410.8 7.35%

S&P BSE 200 4,040.4 4,356.3 7.82%

S&P BSE 500 12,414.9 13,438.1 8.24%

S&P BSE AUTO Index 14,094.7 15,275.2 8.38%

S&P BSE BANKEX 22,135.7 24,293.8 9.75%

S&P BSE Capital Goods 12,334.0 12,858.8 4.26%

S&P BSE Con Durables 18,966.5 20,338.2 7.23%

S&P BSE DOLLEX 30 3,527.1 3,791.8 7.51%

S&P BSE FMCG 10,897.7 11,258.3 3.31%

S&P BSE GREENEX 2,433.3 2,545.4 4.61%

S&P BSE Health Care 15,646.4 16,263.0 3.94%

S&P BSE IT 14,067.3 14,886.9 5.83%

S&P BSE METAL Index 6,805.3 7,210.0 5.95%

S&P BSE Mid-Cap 11,843.2 13,055.3 10.23%

S&P BSE O & G Index 11,836.0 12,668.2 7.03%

S&P BSE Power Index 1,481.5 1,574.9 6.30%

S&P BSE PSU 4,498.1 4,882.4 8.54%

S&P BSE Realty Index 1,411.5 1,581.4 12.04%

S&P BSE SENSEX 32,424.1 34,915.8 7.68%

S&P BSE Small-Cap 10,892.6 12,380.8 13.66%

S&P BSE TECk Index 7,222.5 7,569.2 4.80%

Indian Indices:

Index NameAs on

29-May-2020As on

30-Jun-2020%

Change

NIFTY PHARMA 9,768.6 9,985.2 2.22%

INDIA VIX 30.2 29.1 -3.65%

NIFTY IT 14,010.5 14,754.3 5.31%

NIFTY SERV SECTOR 12,567.4 13,659.9 8.69%

Nifty Financial Services 9,527.1 10,561.9 10.86%

NIFTY BANK 19,297.3 21,370.2 10.74%

NIFTY 50 9,580.3 10,302.1 7.53%

NIFTY FMCG 29,297.0 30,063.3 2.62%

NIFTY 100 9,759.5 10,486.9 7.45%

NIFTY CONSUMPTION 4,611.1 4,793.5 3.96%

NIFTY 200 4,963.4 5,350.4 7.80%

NIFTY MNC 12,497.8 13,226.6 5.83%

NIFTY 500 7,822.4 8,474.8 8.34%

NIFTY ENERGY 13,060.5 14,396.6 10.23%

Nifty 500 Shariah 2,745.9 2,897.3 5.51%

NIFTY DIV OPPS 50 2,132.0 2,253.5 5.70%

NIFTY AUTO 6,218.8 6,719.2 8.05%

Nifty Midcap 50 3,713.6 4,094.3 10.25%

NIFTY PSU BANK 1,129.9 1,427.9 26.38%

NIFTY MEDIA 1,177.9 1,343.4 14.05%

NIFTY COMMODITIES 2,726.9 2,860.0 4.88%

NIFTY METAL 1,879.9 1,991.4 5.93%

NIFTY INFRA 2,845.2 3,032.4 6.58%

NIFTY PSE 2,369.0 2,494.0 5.27%

NIFTY REALTY 180.1 202.7 12.52%

Global Indices:

Index NameAs on

29-May-2020As on

30-Jun-2020%

Change

All Ordinaries 5,872 6,001.3 2.20%

BEL-20 3,203 3,328 3.90%

Bovespa 87,403 95,056 8.76%

CAC 40 4,695 4,936 5.12%

DAX 11,587 12,311 6.25%

Dow Jones 25,383 25,813 1.69%

FTSE 100 6,077 6,170 1.53%

Hang Seng 22,961 24,427 6.38%

Nasdaq 9,490 10,059 5.99%

S&P 500 3,044 3,100 1.84%

Straits Times 2,511 2,590 3.15%

Taiwan Weighted 10,942 11,621 6.21%

DisclaimerThe information and views presented in this report are prepared by Karvy Stock Broking Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Stock Broking nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document.

This report is intended for a restricted audience and we are not soliciting any action based on it.

For more information on MUTUAL FUNDS call1800 425 8282 or contact your nearest Karvy branch.

Contact PF/MFNL/04072020/07

KARVY DistributionE-mail : [email protected]

Phone : 040 3321 7132

Production: Naga Babu K

13

Source : ACE MF

investor journal for the month of jul - 2020 · 2020. 7. 4. · a positive return of 3.22% and...

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