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Economic Times
4 days ago
- Business
- Economic Times
16 equity mutual funds offer over 30% return since last independence day. Do you own any?
Synopsis Since last Independence Day, 16 equity mutual funds have delivered over 30% returns, led by Mirae Asset Hang Seng TECH ETF FoF (82.37%) and NYSE FANG+ETF FoF (67.35%). Most top performers were international funds, outpacing domestic peers across equity and thematic categories. ANI We considered all equity and equity oriented funds including sectoral, thematic, and equity oriented hybrid funds A total of 16 equity mutual funds have offered more than 30% return since the last Independence Day, an analysis of the performance showed. There were nearly 619 equity and equity oriented funds in the said time period.A further analysis of the data showed that the top 41 funds in the list were international funds indicating an outperformance over the domestic funds. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF and Mirae Asset NYSE FANG+ETF FoF delivered 82.37% and 67.35% returns respectively since the last independence day. Also Read | HDFC Defence Fund increases stake in Bharat Dynamics and 3 others, trims exposure in 5 stocks in July Invesco India - Invesco Global Consumer Trends FoF offered a return of 57.46% in the same period. Mirae Asset S&P 500 Top 50 ETF FoF posted a return of 47.50% since the last independence day in 2024. Edelweiss Gr China Equity Off-Shore Fund and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF delivered 41.42% and 39.25% returns respectively in the said time US Technology Equity FOF delivered a return of 37.39% since the last independence day, followed by Axis Greater China Equity FoF which gave 36.67% return in the same period. Nippon India Taiwan Equity Fund and Kotak NASDAQ 100 FoF delivered 36.63% and 31.31% returns Nasdaq based funds - Navi US Nasdaq100 FOF, ICICI Pru NASDAQ 100 Index Fund, and Motilal Oswal Nasdaq 100 FOF - delivered 30.68%, 30.54%, and 30.30% returns respectively in the said time Asset Global Electric & Autonomous Vehicles Equity Passive FOF and Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF were the last ones to deliver over 30% return. These funds delivered 30.28% and 30.24% returns respectively since the last independence other NASDAQ based funds - Aditya Birla SL NASDAQ 100 FOF and Axis NASDAQ 100 FoF - delivered 29.82% and 29.56% returns respectively since August 15, banking & financial services funds - SBI Banking & Financial Services Fund and WOC Banking & Financial Services Fund - delivered 16.37% and 16.09% returns respectively in the mentioned time Oswal Large Cap Fund delivered a return of 13.93% since the last independence day. SBI Healthcare Opp Fund delivered 11.70% since the last independence day. Also Read | 8 equity mutual funds offer over 15% return in 6 months. Are there any included in your portfolio? Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, was the last one in the list to offer double-digit positive returns and delivered 10.12% return since the last independence day. HDFC Defence Fund, the only actively managed defence sector based fund, posted a return of 8.81% since August 15, 2024. HDFC Flexi Cap Fund and Kotak Pioneer Fund delivered 8.22% return each since the last independence day. Six arbitrage funds offered returns ranging between 6.58% to 6.66% in the same Flexi Cap Fund offered 6% return since the last independence day. Motilal Oswal Midcap Fund posted a return of 3.39% since August 15, 2024. Mirae Asset Midcap Fund delivered a return of 1.29% in the said time Focused Fund was the last one to offer positive return and the fund offered 0.04% return in the similar time top two losers were from Quant Mutual Fund - Quant Manufacturing Fund and Quant PSU Fund - lost 16.67% and 16.49% respectively since the last independence day. Samco Flexi Cap Fund lost 15.30% in the said time period. The five funds in the list of negative performers were from Quant Mutual Fund. Quant Consumption Fund, Quant Business Cycle Fund, Quant Multi Cap Fund, Quant ESG Integration Strategy Fund, and Quant Mid Cap Fund - lost 14.26%, 13.99%, 13.48%, 12.51%, 12.27% respectively in the mentioned time Ethical Fund was the last one to lose in double-digit in the mentioned time period. The fund lost 10% since August 15, Energy Opportunities Fund delivered a negative return of around 7.30% since the last independence day. Quant Small Cap Fund lost 6.38% in the same time period. Franklin Build India Fund lost the lowest of around 0.02% since the last independence day. Also Read | Edelweiss Mutual Fund limits subscription in its 7 international funds We considered all equity and equity oriented funds including sectoral, thematic, and equity oriented hybrid funds. We considered regular and growth options. We calculated the performance between August 15, 2024 to August 13, the above exercise is not a recommendation. The exercise was done to find how equity mutual funds have performed since last independence should not make investment or redemption decisions based on the above exercise. One should always consider their risk appetite, investment horizon, and goals before making any investment decisions.
Time of India
4 days ago
- Business
- Time of India
16 equity mutual funds offer over 30% return since last independence day. Do you own any?
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Negative performers A total of 16 equity mutual funds have offered more than 30% return since the last Independence Day , an analysis of the performance showed. There were nearly 619 equity and equity oriented funds in the said time period.A further analysis of the data showed that the top 41 funds in the list were international funds indicating an outperformance over the domestic top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF and Mirae Asset NYSE FANG+ETF FoF delivered 82.37% and 67.35% returns respectively since the last independence Read | HDFC Defence Fund increases stake in Bharat Dynamics and 3 others, trims exposure in 5 stocks in July Invesco India - Invesco Global Consumer Trends FoF offered a return of 57.46% in the same period. Mirae Asset S&P 500 Top 50 ETF FoF posted a return of 47.50% since the last independence day in 2024. Edelweiss Gr China Equity Off-Shore Fund and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF delivered 41.42% and 39.25% returns respectively in the said time US Technology Equity FOF delivered a return of 37.39% since the last independence day, followed by Axis Greater China Equity FoF which gave 36.67% return in the same period. Nippon India Taiwan Equity Fund and Kotak NASDAQ 100 FoF delivered 36.63% and 31.31% returns Nasdaq based funds - Navi US Nasdaq100 FOF, ICICI Pru NASDAQ 100 Index Fund, and Motilal Oswal Nasdaq 100 FOF - delivered 30.68%, 30.54%, and 30.30% returns respectively in the said time Asset Global Electric & Autonomous Vehicles Equity Passive FOF and Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF were the last ones to deliver over 30% return. These funds delivered 30.28% and 30.24% returns respectively since the last independence other NASDAQ based funds - Aditya Birla SL NASDAQ 100 FOF and Axis NASDAQ 100 FoF - delivered 29.82% and 29.56% returns respectively since August 15, banking & financial services funds - SBI Banking & Financial Services Fund and WOC Banking & Financial Services Fund - delivered 16.37% and 16.09% returns respectively in the mentioned time Oswal Large Cap Fund delivered a return of 13.93% since the last independence day. SBI Healthcare Opp Fund delivered 11.70% since the last independence Read | 8 equity mutual funds offer over 15% return in 6 months. Are there any included in your portfolio? Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, was the last one in the list to offer double-digit positive returns and delivered 10.12% return since the last independence day. HDFC Defence Fund , the only actively managed defence sector based fund, posted a return of 8.81% since August 15, Flexi Cap Fund and Kotak Pioneer Fund delivered 8.22% return each since the last independence day. Six arbitrage funds offered returns ranging between 6.58% to 6.66% in the same Flexi Cap Fund offered 6% return since the last independence day. Motilal Oswal Midcap Fund posted a return of 3.39% since August 15, 2024. Mirae Asset Midcap Fund delivered a return of 1.29% in the said time Focused Fund was the last one to offer positive return and the fund offered 0.04% return in the similar time top two losers were from Quant Mutual Fund - Quant Manufacturing Fund and Quant PSU Fund - lost 16.67% and 16.49% respectively since the last independence day. Samco Flexi Cap Fund lost 15.30% in the said time five funds in the list of negative performers were from Quant Mutual Fund. Quant Consumption Fund, Quant Business Cycle Fund, Quant Multi Cap Fund, Quant ESG Integration Strategy Fund, and Quant Mid Cap Fund - lost 14.26%, 13.99%, 13.48%, 12.51%, 12.27% respectively in the mentioned time Ethical Fund was the last one to lose in double-digit in the mentioned time period. The fund lost 10% since August 15, Energy Opportunities Fund delivered a negative return of around 7.30% since the last independence day. Quant Small Cap Fund lost 6.38% in the same time period. Franklin Build India Fund lost the lowest of around 0.02% since the last independence Read | Edelweiss Mutual Fund limits subscription in its 7 international funds We considered all equity and equity oriented funds including sectoral, thematic, and equity oriented hybrid funds. We considered regular and growth options. We calculated the performance between August 15, 2024 to August 13, the above exercise is not a recommendation. The exercise was done to find how equity mutual funds have performed since last independence should not make investment or redemption decisions based on the above exercise. One should always consider their risk appetite, investment horizon, and goals before making any investment decisions.
Time of India
04-08-2025
- Business
- Time of India
NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund
Live Events Baroda BNP Paribas Asset Management India has announced the launch of a new fund of fund scheme, the Baroda BNP Paribas Gold ETF Fund of Fund (FoF), which offers long-term investors seeking investment in gold-related assets a simple, low-cost and viable investment new fund offer , or NFO, is open for subscription and will close on August Read | Nifty slips into consolidation: What is the right strategy for mutual fund investors now? The fund offers high liquidity and is designed for investors seeking smart, low-volatility exposure to gold with potential for long-term capital appreciation . An exit load of 1% applies if units are redeemed or switched out within 15 days from the date of allotment. No exit load is payable on redemptions or switches made after 15 days, making it a flexible and convenient investment option for gold enthusiasts, according to the press release.'Indian households are one of the world's largest holders of gold. Their holdings of around 25,000 tonnes of this precious metal are more than the combined holdings of the top 10 reserve banks of the world*. However, the spectacular rise in the price of gold has made savings in gold inaccessible to a large percentage of the Indian populace,' said Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF.'With its low cost of holding, ease of transaction and low minimum investment amount, we have tried to make gold once again accessible to retail investors via our Baroda BNP Paribas Gold ETF Fund of Fund,' he fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Gold ETF Fund of Fund enables investors to access the precious metal in a convenient and secure manner, without the challenges of physical Read | SIP is always going to be better than an EMI : Deepak Shenoy of Capitalmind Mutual Fund says With lump sum investments starting at just Rs 1,000 (and in multiples of Re 1 thereafter) and monthly Systematic Investment Plans (SIPs) starting from just Rs 500, the scheme aims to bring gold investing within reach of every gold prices nearing Rs 1 lakh per 10 grams, affordability has become a major hurdle for many investors. The fund seeks to offer a timely solution by allowing gold exposure through mutual fund units. It also benefits from the rising demand among central banks globally, who have turned to adding to their existing gold reserves, amid geopolitical uncertainty, the release said.'If one looks at the last 10–25* years, then historically gold returns over the period have been almost as good as equity, or even better in some instances. This, along with its negative correlation with equity, reinforces its position as a potential stabiliser to the overall volatility of an investor's portfolio,' said Gurvinder Wasan, Senior Fund Manager, AMC.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
04-08-2025
- Business
- Economic Times
NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund
Synopsis The Baroda BNP Paribas Gold ETF Fund of Fund (FoF) offers high liquidity and aims to offer investors a smart, low-volatility way to gain gold exposure with long-term growth potential. A 1% exit load applies on redemptions or switches within 15 days, after which no exit load is charged, enhancing its flexibility. The fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Asset Management India has announced the launch of a new fund of fund scheme, the Baroda BNP Paribas Gold ETF Fund of Fund (FoF), which offers long-term investors seeking investment in gold-related assets a simple, low-cost and viable investment option. The new fund offer, or NFO, is open for subscription and will close on August 14. Also Read | Nifty slips into consolidation: What is the right strategy for mutual fund investors now? The fund offers high liquidity and is designed for investors seeking smart, low-volatility exposure to gold with potential for long-term capital appreciation. An exit load of 1% applies if units are redeemed or switched out within 15 days from the date of allotment. No exit load is payable on redemptions or switches made after 15 days, making it a flexible and convenient investment option for gold enthusiasts, according to the press release.'Indian households are one of the world's largest holders of gold. Their holdings of around 25,000 tonnes of this precious metal are more than the combined holdings of the top 10 reserve banks of the world*. However, the spectacular rise in the price of gold has made savings in gold inaccessible to a large percentage of the Indian populace,' said Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF. 'With its low cost of holding, ease of transaction and low minimum investment amount, we have tried to make gold once again accessible to retail investors via our Baroda BNP Paribas Gold ETF Fund of Fund,' he fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Gold ETF Fund of Fund enables investors to access the precious metal in a convenient and secure manner, without the challenges of physical storage. Also Read | SIP is always going to be better than an EMI : Deepak Shenoy of Capitalmind Mutual Fund saysWith lump sum investments starting at just Rs 1,000 (and in multiples of Re 1 thereafter) and monthly Systematic Investment Plans (SIPs) starting from just Rs 500, the scheme aims to bring gold investing within reach of every gold prices nearing Rs 1 lakh per 10 grams, affordability has become a major hurdle for many investors. The fund seeks to offer a timely solution by allowing gold exposure through mutual fund units. It also benefits from the rising demand among central banks globally, who have turned to adding to their existing gold reserves, amid geopolitical uncertainty, the release said.'If one looks at the last 10–25* years, then historically gold returns over the period have been almost as good as equity, or even better in some instances. This, along with its negative correlation with equity, reinforces its position as a potential stabiliser to the overall volatility of an investor's portfolio,' said Gurvinder Wasan, Senior Fund Manager, AMC.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
01-08-2025
- Business
- Economic Times
International mutual funds beat domestic funds with up to 10% returns in July. What should mutual fund investors do now?
International mutual funds outperformed domestic ones in July, with some delivering returns up to 10%. International mutual funds have outperformed their domestic counterparts in the month of July with up to 10% return, an analysis of performance by ETMutualFunds showed. There were around 564 funds in the mentioned time period, 134 gave positive returns, 429 gave negative returns and one fund failed to generate return. Among the top 20 performers, 18 were international funds and two were pharma and healthcare sector based funds. Mirae Asset S&P 500 Top 50 ETF FoF, the topper in the said time period, posted a return of 9.77%. DSP Global Clean Energy FoF offered a return of 8.67% in July, followed by Mirae Asset NYSE FANG+ETF FoF which gave 8.51% return in the similar time period. Also Read | Quant Small Cap Fund, Motilal Oswal Midcap Fund among 12 equity mutual funds to offer over 300% absolute returns in 5 years Two greater China based funds - Axis Greater China Equity FoF and Edelweiss Gr China Equity Off-Shore Fund - delivered 8.48% and 7.45% returns respectively in July. Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF posted a return of 7.21% in the mentioned time period. HDFC Pharma and Healthcare Fund, a pharma and healthcare sector based fund, delivered a return of 6.18% in the said time period. Mirae Asset Hang Seng TECH ETF FoF delivered a return of 6.09% in NASDAQ based funds - Kotak NASDAQ 100 FoF, Axis NASDAQ 100 FoF, and Motilal Oswal Nasdaq 100 FOF - have delivered a return of 5.88%, 5.78%, and 5.73% respectively in funds from DSP Mutual Fund - DSP World Mining FoF and DSP Healthcare Fund - offered a return of 4.50% each in the mentioned period. HDFC Small Cap Fund delivered a return of 0.66% in the similar time frame. Mirae Asset Small Cap Fund and Helios Flexi Cap Fund posted 0.42% return each in the month of July. Three funds - Baroda BNP Paribas Aqua FoF, Bandhan Small Cap Fund, and Axis Innovation Fund - posted a return of 0.16% each in the said time BNP Paribas Innovation Fund was the last one to offer a positive return of around 0.01% in July. ICICI Prudential MNC Fund did not post any return in the mentioned period. Based on the data, the fund gave 0.00% return. HDFC Defence Fund, the only active fund based on defence sector, lost the most of around 9.67% in the said time period. HSBC Brazil Fund, an international fund, lost 6.63% in July. Also Read | NFO Insight: Can this multi asset allocation fund help diversify your portfolio? Six funds based on the technology sector lost between 4.61% to 5.36% in said time period. Old Bridge Focused Fund lost 4.51% in the mentioned period. SBI Midcap Fund delivered a negative return of 2.85% in the mentioned time frame. Motilal Oswal Midcap Fund delivered a negative return of 2.64% in the month of funds from Quant Mutual Fund - Quant Manufacturing Fund, Quant Large Cap Fund, Quant Infrastructure Fund - lost 2.18%, 2.18%, and 2.17% respectively in the month of July. Quant Mid Cap Fund and Quant Momentum Fund lost 2.03% and 2.02% respectively in the mentioned time largest and oldest contra fund, SBI Contra Fund, delivered a negative return of 1.90% in the said time horizon. Nippon India Small Cap Fund, the largest small cap fund based on assets managed, lost 1.60% in Small Cap Fund delivered a negative return of 1.31% in July, followed by HDFC Flexi Cap Fund which lost 1.31% as Manufacture in India Fund and DSP Midcap Fund lost the lowest of around 0.05% each in July. An expert is of the opinion that with equity valuations continuing to be at premium and heightened uncertainty on tariff front, investors in equity mutual funds may wish to avoid lumpsum investments but invest through SIPs and STPs. 'Overvaluations are excessive in mid and small caps and investors may prefer to book profits in those segments . Debt investors may prefer to stay at the shorter end of the yield curve as RBI may not cut interest rates due to the rise in core inflation,' Vishal Dhawan, CEO, Plan Ahead Wealth Advisors, a wealth management firm in Mumbai told considered all equity mutual funds including sectoral and thematic funds. We considered regular and growth options. We calculated the performance from July 1 to July 30. Also Read | Markets will hope for a 'TACO' trade if better senses prevail: Nilesh Shah of Kotak Mutual Fund Note, the above exercise is not a recommendation. The exercise was done to evaluate the performance of equity mutual funds in the month of July. One should not make investment or redemption decisions based on the above should always consider risk appetite, investment horizon, and goals before making any investment decisions. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.
