UTI Dividend Yield Fund declares tax-free dividend of 7.50% (Re.0.75 per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. Pursuant to the payment of dividend, the NAV of the dividend option-existing plan and dividend option-direct plan of the scheme would fall to the extent of payout.
The record date for the dividend
Government Security Market: Update
At the start of the week the RBI monetary policy was in the focus as the market was showing the big movement after the US job data was below expected numbers and raised the question whether Fed will hike rates in June policy. The Reserve Bank of India in a policy review cut SLR by 50 bps to 20 per cent and eased
The Morningstar Analyst Rating for Funds is a forward-looking analysis of a fund. The analyst looks at five key areas crucial to predicting the future success of a fund: People, Parent, Process, Performance, and Price. Also called the 5 pillars, they are used in determining the Morningstar Analyst Rating for a fund.
Gold / Silver / Bronze
The last few quarters have witnessed several developments in fixed income markets. These are summarized below. * 10 year yields (6.97 GOI 2026) have moved higher by 38 bps since Jan 2017 to 6.74% currently. From the bottom of 6.18% as in Nov 2016, the yields are up 56 bps. The yield for this paper peaked at 6.98% in May ‘17 * GST rates have been final Government Security Market: Update The Reserve Bank of India surprised the market by raising reverse repo rate by 25bps last week, after unexpectedly signaling an end to its monetary easing cycle in February, while the authority has said it will use the host of tools including OMO sale of bonds to drain excess cash from the system. After a fall to 6.87 Government Security Market: Update Foreign funds have been pouring into India, driving stocks to a record and pushing up bond prices, since Prime Minister Narendra Modi’s party won an election in a key state on March 11. Yields on local 10-year bonds are among the highest in the region and the rupee’s rally post the election results has mad Government Security Market: Update An outcome of UP election turned positive for the market but the macro data (CPI and WPI) had disappointed the market as CPI surged to 3.65 per cent from 3.17 per cent and WPI to 6.25 per cent but the core number eased from the last month had some relief for the market. Later during the week Fed as anticipated increas Objective Seeks to generate long-term capital appreciation and income distribution to unitholders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to the Large Cap domain and the balance in debt securities and money market instruments. The Fund Manager will always select stocks for investment fro Objective The Scheme aims to provide growth of capital along with income tax exemption benefits to investors. Scheme’s performance Objective The primary objective of the scheme is to generate longterm capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. Scheme’s performance Below is the views on DSP Blackrock stopping fresh flow to the Microcap Fund by Mr. Himanshu Srivastava, Senior Analyst Manager Research, Morningstar Investment Adviser India In our opinion, the decision of DSP BlackRock Mutual Fund to stop fresh inflows into DSP BlackRock Microcap Fund is a welcome move and a step in the right directi For years together, tax payers can claim deduction in income under section 80(c) of Income Tax Act. Many products are available within that namely Public Provident Fund (Commonly known as PPF), ELSS mutual funds, National Savings certificate (NSC), and Insurance products. Tax Saver MFs or Equity Linked Savings Schemes are mutual funds which invest in Equity for a period of 3 years. Th Government Security Market: Update Market moved in the tight band of 6.34 to 6.42 levels as IIP data surged to 5.7 per cent from a negative of 1.7 per cent and retail inflation moved down to 3.41 per cent. In a weekly auction the Reserve Bank of India set the cut of 10 year benchmark at 6.4031 per cent and 6.84% GOI 2022 at 6.4355 per cent; 7.73% GOI Objective The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focussed on a few selected sectors. Scheme’s performance Objective The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporate, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from Mumbai, 30th December, 2016: Angel Broking, India’s top retail focused brokerage house’s Mutual Fund recommendations have outperformed the markets and is expected to finish the year with a big bang. Mutual Fund recommendations by ARQ, Angel Broking’s intelligent, predictive and Hi-tech automated investment engine, have beate Government Security Market: Update Government bonds dropped further due to heavy selling pressure from banks and corporates and the overnight call money rates ended lower due to lack of demand from borrowing banks amidst ample liquidity in the banking system. The 7.59 per cent government security maturing in 2026 declined to Rs 105.94 from Rs 106.14, Government Security Market: Update Indian government bond reacted negatively to the hawkish statement from FED that the pace of rate increase will be much higher in 2017. Fed last week raised benchmark rates by 25bps as expected. 10 year yield crossed 6.50 mark and rallied up to 6.44 per cent on Friday but later during the day and erased all the gains Objective To generate long-term capital growth from actively managed portfolio of equity and equity-related instruments, primarily being high dividend yield stocks. Below is the views on Gold Outlook by Mr. Chirag Mehta Senior Fund Manager - Alternative Investments Quantum Gold Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund & Quantum Equity Fund of Funds Gold markets suffered their worst blow in last 3 years as prices fell by 8.1% to $1173 an ounce reducing the YTD increase to just Below is the views on DEBT Outlook by Mr. Murthy Nagarajan Head – Fixed Income Quantum Liquid Fund & Quantum Dynamic Bond Fund The month of November saw the Indian bond yields move in a diametrically opposite direction compared with the global bond markets. The change in direction of yields started on November 08, 2016, with the unfolding of two import Below is the Views on Equity Outlook by Atul Kumar, Head Equity Funds Quantum Long Term Equity Fund & Quantum Tax Saving Fund In November 2016, the S&P BSE Sensex fell by 4.56% on total return basis. Mid-cap and small-cap stocks, which were doing quite well earlier, registered greater decline during the month. S&P BSE Mid Cap Index fell 6.68%, while Government Security Market: Update The RBI unexpectedly cut rates in October, saying it was comfortable about consumer inflation, then running at 5 percent, and the need to support economic growth. That raised expectations for a rate cut this month, given inflation had eased further to 4.2 percent and the fact that worries about the economy had increas Government Security Market: Update Bank have been flush with funds after Prime Minister Narendra Modi on Nov 8 banned existing 500 and 1000 rupees note in a bid to curb black money. That saw people rushing to deposit 8.45 trillion rupees of old bills with lenders. The central bank on Nov 26 told lenders to set aside more deposits as CRR. The RBI also Key Takeaways from the report: A) Assets and Flows of India-Focused Offshore Funds and ETFs: • After experiencing net outflows for four consecutive quarters, India-focussed offshore funds and ETFs recorded net inflows to the tune of USD 196 million through the quarter ended September 2016.
India Fixed Income Review: Risk Reward Reasonable, Once Again by HDFC Mutual AMC - HDFC Mutual Fund
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.75% to 6.85% levels - GEPL
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.72% to 6.83% levels - GEPL
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.72% to 6.87% levels - GEPL
Analysis ICICI Prudential Focused Bluechip Equity Fund - Sharekhan
Analysis Franklin India Taxshield - Sharekhan
Reliance Tax Saver (ELSS) Fund - Sharekhan
15/02/2017 4:01:58 PM
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DSP Blackrock stopping fresh flow to the Microcap Fund - Morningstar Investment
Tax Saver Mutual Fund - A Blessing in Disguise - Sushil Finance
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.34% to 6.42% levels - GEPL
Kotak Select Focus Fund - Sharekhan
12/01/2017 12:33:57 PM
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DSP BlackRock Tax Saver Fund - Sharekhan
Angel Brokings ARQ Mutual Fund recommendations outperforms Index - Angel Broking
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.49% to 6.57% levels - GEPL
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.45% to 6.57% levels - GEPL
BNP Paribas Dividend Yield Fund - Sharekhan
The recent fall in gold prices provides an opportunity to build your desired portfolio allocation by Mr Chirag Mehta - Quantum AMC
We expect the debt markets to be range bound in the coming month by Murthy Nagarajan - Quantum AMC
Demonetization has led to disruption of business activity and can impact GDP growth in the short term by Atul Kumar - Quantum AMC
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.35% to 6.47% levels - GEPL
10 year Benchmark 6.97% GOI 2026 likely to move in the range of 6.07% to 6.24% levels - GEPL
Morningstar Offshore Fund Spy - Morningstar Investment Adviser India Pvt Ltd
