investor journal for the month of jun - 2020manufacturing (-20.6 percent vs 3.1 percent) and...

KARVY’s

June 2020

INVESTOR JOURNAL

www.karvyvalue.com

What’s Inside

KARVY’sINVESTOR JOURNAL

Fund of the MonthUTI Healthcare Fund-Reg(G)

The primary objective of the scheme is to generate long term...June, 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) decreased by 4.78% from Rs. 24.71 lakh crore in March 2020 to Rs. 23.53 lakh crore in April 2020, according to data published by the Association of Mutual Funds in India.

» In April 2020, systematic investment plans (SIPs) fell from Rs. 8,641 crore in March 2020 to Rs. 8,376 crore i.e. 3.07%

» Liquid funds witnessed a net inflow of Rs. 68,848.01 crore during the month April 2020 compared to a net outflow of Rs. 110,037.06 crore during the month March 2020.

» Hybrid Funds witnessed a net inflow of Rs. 4,204.78 crore in the month April 2020 compared to a net outflow of Rs. 36,459.58 crore in the month March 2020. This inflow was mainly due to Arbitrage Funds as these funds witnessed net inflow of Rs. 6,587.05 crores.

» Net inflows into equity mutual funds stood at Rs. 6,212.96 crore in April 2020 as against Rs. 11722.74 crore in March 2020. This is majorly due to inflow in large-cap funds.

» The mutual fund industry as a whole saw a net inflow of Rs. 45,999.48 crore in April 2020 compared to a net outflow of net outflow of Rs. 212,737.10 crore in March 2020. This inflow was mainly due to liquid funds.

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

FORTUNE

INVESTOR JOURNALJune, 2020


FORTUNE

Market Review

Exports: » Exports in April 2020 were USD 10.36 billion, as compared to USD 26.07 billion in April 2019, exhibiting a negative growth of (-) 60.28%. 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.

» Gems & jewellery (-98.74%); Leather & leather products (-93.28%); Carpet (-91.67%); Electronic goods (-71.04%); Petroleum products (-66.22%); Engineering goods (-64.76%); Meat; dairy & poultry products (-60.34%); Oil meals (-50.6%); and Organic & inorganic chemicals (-41.93%). In April 2020, all other commodity groups have showed negative growth over the corresponding month of last year with Iron Ore and Drugs & Pharmaceuticals being the exception with 17.53% and 0.25% positive growth respectively.

» Non-petroleum and Non-Gems and Jewellery exports in April 2020 were USD 9.08 billion, as compared to USD 19.54 billion in April 2019, exhibiting a negative growth of (-) 53.54 per cent.

Imports: » Imports in April 2020 were USD 17.12 billion, which was 58.65% lower in Dollar terms over imports of USD 41.40 billion in April 2019.

» Electronic goods (-62.72%); Petroleum, Crude & products (-59.03%); Machinery, electrical & non-electrical (-53.91%); Coal, Coke & Briquettes, etc. (-48.83%); Organic & Inorganic Chemicals (-35.10%); negative growth in April 2020 over the corresponding month of last year.

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

4.66 billion, which was 59.03% lower in Dollar terms, compared to USD 11.38 billion in April 2019.

» Non-oil imports in April 2020 were estimated at USD 12.46 billion which was 58.50% lower in Dollar terms,

compared to USD 30.02 billion in April 2019.

Trade Balance:The trade deficit for April 2020 was estimated at USD 6.76 billion as against the deficit of USD 15.33 billion in April 2019.

Taking merchandise and services together, overall trade deficit for April 2020* is estimated at USD 0.16 billion as compared to the deficit of USD 8.67 billion in April 2019.

*Note: The latest data for services sector released by RBI is for March 2020. The data for April 2020 is an 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 April as the country has been under lockdown amid efforts to contain the spread of the COVID-19 pandemic.

WPI Inflation:Wholesale prices in India could not be computed for April 2020 due to non availability of manufactured product group index. In view of the preventive measures and announcement of nationwide lockdown to contain COVID-19 pandemic, the price collection of manufactured products through personal visits of price collectors was suspended with effect from March 19.

IIP:Industrial production in India plunged to 16.7% from a year earlier in March 2020, following a revised 4.5% rise in the previous month as the COVID-19 pandemic forced many businesses to close. Production decreased for manufacturing (-20.6 percent vs 3.1 percent) and electricity output (-6.8 percent vs 11.5 percent).

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

1

BSE Sensex and Nifty 50 gave a negative return of -3.84% and -2.84% respectively during the month. Among the BSE sectoral indices, S&P BSE Auto was the top performer with 5.58%. The mutual fund industry as a whole saw a net inflow of Rs. 45,999.48 crore in April 2020 compared to a net outflow of net outflow of Rs. 212,737.10 crore in March 2020. This inflow was mainly due to liquid funds. Systematic investment plans (SIPs) collection stood Rs. 8,376 crore. Net inflows into equity mutual funds stood at Rs. 6,212.96 crore in April 2020 as against Rs. 11722.74 crore in March 2020. This is majorly due to inflow in large-cap funds. In April 2020, general CPI inflation declined to 5.84% from 5.91% in March 2020.

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FORTUNE

2

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

S&P BSE SENSEX

Date Close Price Points Diff %age Change

04-May-2020 31,715 - -

08-May-2020 31,643 -73 -0.2%

15-May-2020 31,098 -545 -1.7%

22-May-2020 30,673 -425 -1.4%

29-May-2020 32,424 1752 5.7%

Overall Change for the month 2.23%

NIFTY 50

Date Close Price Points Diff %age Change

04-May-2020 9,294 - -

08-May-2020 9,252 -42.00 -0.5%

15-May-2020 9,137 -114.65 -1.2%

22-May-2020 9,039 -97.60 -1.1%

29-May-2020 9,580 541.05 6.0%

Overall Change for the month 3.09%

Sensex & Nifty: (Month Between 01-May-2020 to 31-May-2020)

MF Activity: (Month Between 01-May-2020 to 31-May-2020)

Equity

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

04-May-2020 2,789 4,087 -1,298

08-May-2020 2,143 4,077 -1,934

15-May-2020 2,490 1,590 900

22-May-2020 2,797 3,646 -849

29-May-2020 329 188 141

For the Month 62,863.5 57,754.8 5108.69

Debt


04-May-2020 7,384 10,650 -3,266

08-May-2020 5,845 6,574 -729

15-May-2020 7,586 5,723 1,863

22-May-2020 8,857 7,377 1,480

29-May-2020 753 935 -182

For the Month 131,732.8 120,232.3 11,500.5

FII Activity: (Month Between 01-May-2020 to 31-May-2020)

Equity


04-May-2020 9,656 6,883 2,773

08-May-2020 26,392 9,269 17,123

15-May-2020 4,624 6,993 -2,369

22-May-2020 5,981 6,187 -206

29-May-2020 8,836 6,840 1,996

For the Month 130,298.54 115,729.77 14,568.77

Debt


04-May-2020 1,193 3,475 -2,282

08-May-2020 807 996 -189

15-May-2020 1,487 7,119 -5,632

22-May-2020 951 789 162

29-May-2020 605 996 -391

For the Month 16,020.94 38,955.89 -22,934.95

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.

3

It’s an emergency!----------------------------------------------------------------------------------------------------------------------------------------------------------

Title caught your eye? Picture these.

• Apple launches the newest iPhone and you just must have it. How will fund your purchase?

• Your company doesn’t do too well, and to stay afloat, the management decides to let go off some employees. You’re one of them. How will you meet your expenses until you find a new job?

• You’re having a good time baking a cake for a bake sale. Your oven malfunctions and there’s a fire. How do you deal with the repairs?

• The paint on your walls is wearing off, and you want to get a paint job done. How will you fund this?

The thing these statements have in common is that all of these require money. BUT there is a difference - some of these are planned expenses that you can save for over time (the iPhone and paint job), and some aren’t. Nonetheless, you need to be prepared for these.

This is where an emergency fund comes in. An emergency fund is money that you’ve set aside to cover any financial surprises life throws your way.

What is an emergency?

An emergency is “a serious, unexpected, and often dangerous situation requiring immediate action.” For example: job loss, a medical or dental emergency, unexpected repairs, unplanned travel.

How much should you save for emergencies?

The rule of thumb is to ideally have three-six months of expenses saved in an emergency fund. You can arrive at this by adding up your monthly expenses and multiplying it by the number of months. While you include regular bills on food, rent, electricity, water, fuel and other expenses, don’t forget to include loan payments (in case you have one or are considering one) and payments you make once a year like insurance.

Where can you put your emergency savings?

NOT your savings account. Why? While your savings are easily accessible, earn an interest and have no risk, it’s not a good idea to use this for emergencies. This is because you might give into the temptation to spend just a little extra every now and then, and this could eat into those funds.

Now, you would want your emergency fund to be an alternate to your savings account - one without a debit/credit card that’ll allow you to spend. Liquid funds are one such alternate. They’re easily accessible, can earn higher than savings returns, and come with low risk. Some liquid funds even come with an instant redemption facility. You may consider ultra-short term funds if your holding period is 3-6 months.

How to build your emergency fund?

1. Regularly invest - Set up an auto-debit from your salary account to this fund. This way, when money comes in, a part of it is invested for emergencies.

2. Review your expenses to see what you can do without - There’s a fine line between needs and wants, and even when it comes to wants, you don’t have to give up everything. One cab ride less, or fewer cigarettes a day and you might have money left at the end of the month.

3. Use spare cash - Reviewing your expenses to see what you can do without can result in having cash to spare. Transfer this to your fund, so it’s untouchable until an emergency.

Benefits of an emergency fund

1. Keeps you from spending unnecessarily - If you keep your emergency money in the same account as your savings, you may be tempted to splurge a little on frivolous things. Keeping it out of immediate reach keeps you from spending it.

2. Decreased dependency on borrowing - An emergency fund keeps you from swiping your credit card unnecessarily, or from even borrowing from the bank to meet emergencies. This way you won’t have to worry on paying interest, fees or a penalty on debt.

3. Lower levels of stress - Building an emergency fund prepares you to meet any financial emergencies, and this way you’ve lower levels of stress than if you’ve to deal with borrowing and interest payments.

Things to remember:

1. Make sure you differentiate between planned expenses and emergencies

2. Your emergency fund should fit in with your other goals

3. Don’t forget to review your emergency fund from time to time, so you can add adequately to it with changes in your lifestyle and keep up with inflation.

If you haven’t got an emergency fund already, start investing for it today.

Source : SUNDARAM AMC



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‘Tweets’ of the Month

Fund of The Month

UTI Healthcare Fund-Reg(G)

Investment Objective:The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the Healthcare Services Sector. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Portfolio:Top 10 Companies Holdings

Name %age

Cipla 8.96

Dr. Reddys Lab 8.76

Sun Pharma Inds. 7.82

Aurobindo Pharma 7.32

Lupin 6.60

Divis Lab 6.29

Cadila Healthcare 5.86

Biocon 5.60

Ipca Laboratories 5.10

Ajanta Pharma 4.75

Top 10 Sector Wise Holding

Industry Name (%)

Healthcare 94.81

Miscellaneous 2.69

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

An once in a decade opportunity where nifty is down

around 21% from all time high. Remember crises are temporary, growth is permanent.

@Jaydeepkulkrni

It is good to read investors

saying they buy good managements.

Remember Halo Effect. People have spent years finding good

managements and it hasn’t worked.

@Iamsamirarora

In investing, be an atheist and have no God; just good rules will do.

@kalpenparekh

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Readers Corner

5

LIKE US ON FACEBOOK

Source : SUNDARAM AMC

Health is wealth. Good health is not just the absence of any illness, but complete physical and mental wellness of an individual.

In today’s world, stress affects both physical and mental health - and one contributor to stress is the state an individual’s finances.

We all have financial goals we want to reach, and savings just don’t cut it. It’s important to invest. While we invest, how do we know we’re doing the right thing for our goals?

Here’s where your financial doctor, or advisor, comes into the picture. Just like you need a doctor for your physical or mental health, you need one for your finances too.

So, how can your financial doctor help you?

1. Understand your financial health - Your financial advisor will work with you to assess your current financial health - your assets, liabilities, income and expenses. He/she will also consider any expected future obligations (insurance, taxes, other long-term expenses) and sources of income (pension, gifts, etc.) to get a complete picture of where you stand.

2. Assess your goals - Once your advisor maps out where you stand, he/she will understand your investment goals, time frame and risk appetite. An understanding of risk appetite will allow your advisor to determine your asset allocation. He/she will also assess your retirement needs at this stage.

3. Build the financial plan - The next stage is where your advisor charts out a comprehensive financial plan for your goals. This plan will include details such as where to invest, how much to invest, for how long to invest. He/she has the expertise to understand how all these products will work in tandem for you to achieve your goals. The plan will also look at your retirement plan, your projected withdrawal rates during retirement and have the best- and worst-case scenarios for your expected life span. If you’re already investing for your goals, your advisor will review your current habits and suggest a course of action. If you’re investing without goals in mind, your advisor will help you allocate your existing investments for your goals. Read why goal-based investing is important here. Once your plan is ready, it’s on you to implement it.

4. Help you understand where you’re investing - When building your financial plan, it is important to understand the products you’re investing in. The pros and cons, how it fits in your portfolio, what it can do for you - your advisor will help you with this.

5. Regular reviews and adjustments - It’s a good idea to revisit your investments regularly to check if you’re on track, review what you’re doing and see if you need to adjust your plan to incorporate new goals or modify/remove existing ones. Depending on your needs, your advisor will suggest changes to take you closer to your goals.

Financial advisors are the doctors you need for your financial health. With their expertise, you can get the best out of your investments.

5 reasons you need a financial advisor



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Story of The Month

There was a village that was attacked by wild boars. Every day the wild boars would enter the village to rampage the whole village for their food. The villagers tried various means to fight and chase away the wild boars, but without much success.

One day a wise man approached the village headman to offer his advice. He told the villagers that they will have to follow all his advice and directions. Out of desperation, the villagers agreed. The wise man told the villagers to gather all the food from every household and put it in the middle of a big empty field. They followed his advice, and immediately they saw hundreds of wild boars approaching the vicinity where the food was placed. The wild boars were apprehensive initially, but after a while they

OLD HABITS DIE HARD

MORAL OF THE STORY:

Courtesy : Karvy Learning Center

Direct Dil Se…

6

Habits are easily developed but difficult to get rid of. The wild boars were trapped because they developed the habit of having free food, and without having to work for their food.

They became so comfortable, that they did not realize they were being trapped. Sometimes we also tend to be like the wild boars because we become too comfortable with whatever

we have been doing and do not realize we are in one way or another being “trapped”. Only if we stop to re-think, we will realize that a few of our habits should be changed for good.

went for the food. Once the wild boars had a taste of the food they came back for the free food every day. And every day the villagers would put more food in the field and the wild boars would come to have their free meals. After a while, the wise man asked the villagers to erect four poles at the four-corners of the field.

The wild boars were too busy having their food that they did not take notice of what was happening. After a few weeks, the wild boars developed the habit of having free food. The wise man then asked the villagers to put fencing around the field, with a large gate through which the wild boars can enter to have their food. Finally once the fencing and the gate were completed the villagers closed the gate and all the wild boars were trapped inside the field. The wild boars were finally defeated!



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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) 28.20 361995.75 1995.75 0.36 697904.32 97904.32 5.99

Canara Rob Bluechip Equity Fund-Reg(G) 24.69 361335.26 1335.26 0.24 681861.03 81861.03 5.06

Mirae Asset Large Cap Fund-Reg(G) 44.77 323266.00 -36734.00 -6.87 625615.77 25615.77 1.65

IDFC Large Cap Fund-Reg(G) 29.60 328115.25 -31884.75 -5.94 612615.52 12615.52 0.82

Invesco India Largecap Fund(G) 25.91 330774.79 -29225.21 -5.43 611857.74 11857.74 0.77

Large & Mid CapMirae Asset Emerging Bluechip-Reg(G) 49.06 337534.08 -22465.92 -4.14 674683.26 74683.26 4.64

Canara Rob Emerg Equities Fund-Reg(G) 85.95 325305.91 -34694.09 -6.48 631985.07 31985.07 2.05

Kotak Equity Opp Fund(G) 109.83 332645.22 -27354.78 -5.07 628307.39 28307.39 1.82

Invesco India Growth Opp Fund(G) 30.72 326490.36 -33509.64 -6.25 625025.69 25025.69 1.61

Principal Emerging Bluechip Fund(G) 94.20 316558.09 -43441.91 -8.19 611370.35 11370.35 0.74

Multi capParag Parikh Long Term Equity Fund-Reg(G) 25.83 380500.80 20500.80 3.63 723928.12 123928.12 7.45

Canara Rob Equity Diver Fund-Reg(G) 128.04 350680.89 -9319.11 -1.70 664649.54 64649.54 4.05

UTI Equity Fund-Reg(D) 95.79 339524.94 -20475.06 -3.77 632867.99 32867.99 2.10

PGIM India Diversified Equity Fund-Reg(G) 12.79 341916.00 -18084.00 -3.32 628549.73 28549.73 1.83

DSP Equity Fund-Reg(D) 36.36 328357.24 -31642.76 -5.89 619733.02 19733.02 1.28

Mid CapAxis Midcap Fund-Reg(G) 36.93 367663.83 7663.83 1.37 701115.33 101115.33 6.17

DSP Midcap Fund-Reg(G) 52.08 337330.67 -22669.33 -4.18 641399.49 41399.49 2.63

Invesco India Midcap Fund(G) 45.64 335061.52 -24938.48 -4.61 629031.23 29031.23 1.86

Tata Mid Cap Growth Fund(G) 125.72 321531.87 -38468.13 -7.21 595214.62 -4785.38 -0.32

Kotak Emerging Equity Fund(G) 33.89 310672.48 -49327.52 -9.35 586897.10 -13102.90 -0.87

Small CapAxis Small Cap Fund-Reg(G) 27.31 337867.35 -22132.65 -4.08 637955.65 37955.65 2.42

SBI Small Cap Fund-Reg(G) 46.90 309325.33 -50674.67 -9.62 618768.90 18768.90 1.21

Nippon India Small Cap Fund(G) 32.21 279675.43 -80324.57 -15.74 545799.27 -54200.73 -3.72

Kotak Small Cap Fund(G) 60.40 285736.86 -74263.14 -14.46 525482.06 -74517.94 -5.20

Union Small Cap Fund-Reg(G) 12.15 296461.75 -63538.25 -12.23 522248.27 -77751.73 -5.44

ELSSAxis Long Term Equity Fund-Reg(G) 42.97 347702.41 -12297.59 -2.25 662597.32 62597.32 3.92

Canara Rob Equity Tax Saver Fund-Reg(G) 61.80 351874.46 -8125.54 -1.48 661364.14 61364.14 3.85

Invesco India Tax Plan(G) 46.74 331247.62 -28752.38 -5.34 625605.06 25605.06 1.65

DSP Tax Saver Fund-Reg(G) 43.15 324725.71 -35274.29 -6.59 614663.20 14663.20 0.95

Aditya Birla SL Tax Relief '96(G) 28.47 322462.46 -37537.54 -7.03 612348.05 12348.05 0.80

SectorNippon India Pharma Fund(G) 188.14 466664.88 106664.88 17.62 786318.68 186318.68 10.77

Franklin India Technology Fund(G) 165.42 394524.05 34524.05 6.05 734742.74 134742.74 8.04

SBI Technology Opp Fund-Reg(G) 64.26 389910.97 29910.97 5.26 721187.51 121187.51 7.30

UTI Healthcare Fund-Reg(G) 103.67 439279.63 79279.63 13.38 708056.55 108056.55 6.56

ICICI Pru FMCG Fund(G) 231.19 358927.51 -1072.49 -0.19 686628.35 86628.35 5.34

IndexHDFC Index Fund-Sensex(G) 302.99 330401.79 -29598.21 -5.50 626822.13 26822.13 1.73

Tata Index Fund-Sensex Plan(G) 84.51 331688.44 -28311.56 -5.25 625878.11 25878.11 1.67

Nippon India Index Fund - Sensex Plan(G) 16.83 329512.02 -30487.98 -5.67 619327.42 19327.42 1.25

LIC MF Index Fund-Sensex Plan(G) 63.48 329448.87 -30551.13 -5.68 616223.93 16223.93 1.05

IDFC Nifty Fund-Reg(G) 21.05 326865.60 -33134.40 -6.18 616006.08 16006.08 1.04

As on 04th June’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 6.95 1.40 -14.78 -14.10 0.27 4.42 10.79

Large and mid cap 6.69 1.81 -14.96 -14.42 -1.50 4.85 7.01

Mid-cap 6.80 2.81 -11.88 -13.26 -2.69 4.06 13.22

Multi-cap 6.77 1.74 -14.39 -14.07 -0.57 4.42 9.07

Small-cap 8.43 3.33 -14.20 -19.50 -7.26 2.56 0.49

Sector Funds

Banks & Financial Services 11.24 -1.80 -30.04 -28.77 -4.50 3.63 8.61

Consumption 6.62 3.97 -10.06 -8.15 0.55 6.26 5.32

Energy & Power 6.54 3.94 -13.50 -18.13 -4.86 4.45 9.84

Infrastructure 7.73 2.60 -19.36 -25.57 -7.56 0.06 4.65Pharma & Health Care 3.01 3.12 22.10 29.12 9.40 3.86 16.73

Service Industry 6.55 3.68 -14.93 -11.62 -1.97 2.71 7.19

TECk 2.64 3.12 -1.48 -3.86 11.28 7.20 12.24

Speciality

Contra 6.84 2.02 -14.56 -17.06 -0.37 4.57 12.81

Dividend Yield 5.42 2.74 -11.71 -13.51 -2.68 3.36 8.88

Global 210.39 66.84 -4.03 11.33 8.26 5.27 14.81

MNC 4.92 1.52 -7.78 -5.32 2.49 4.74 9.92

Equity Exchange Traded Funds 8.25 1.57 -17.99 -18.01 0.50 3.03 -0.34

Equity Linked Savings Scheme 6.81 1.69 -15.01 -15.58 -1.32 4.27 10.39

Equity Savings Scheme 2.90 0.95 -4.61 -3.87 2.09 4.54 4.33

Focused Fund 6.74 1.74 -13.68 -13.00 0.57 5.44 4.50

Index

Nifty 7.98 2.21 -16.08 -16.67 1.81 4.65 10.41

Nifty Next 50 7.15 2.66 -12.77 -11.84 -2.14 5.28 4.97

Sensex 7.98 1.22 -15.89 -14.61 3.37 5.27 9.47

Others 8.15 2.40 -16.41 -12.16 -0.55 3.24 -8.51

Aggressive Hybrid Fund 5.03 1.36 -10.79 -10.89 -0.07 4.17 7.53

Balanced Advantage 5.05 1.54 -6.72 -4.99 2.30 5.79 5.70

Dynamic Asset Allocation 4.42 1.04 -4.11 -2.87 2.62 4.85 5.85

Multi Asset Allocation 4.20 1.18 -7.69 -4.15 2.14 4.83 7.71

Banking and PSU Fund -4.67 21.85 9.30 10.26 8.14 8.28 8.18

Corporate Bond 0.63 21.44 9.03 8.50 7.23 7.76 7.41

Credit Risk Fund 2.01 9.34 -13.28 -5.65 0.82 3.84 1.63

Dynamic Bond -3.84 14.75 7.26 8.12 6.30 7.56 6.04

GiltLong Term -9.94 25.45 17.08 15.49 10.59 10.56 9.11Short and Medium term -10.14 18.02 14.50 12.83 8.02 8.97 8.59

Floating Rate 0.26 17.24 7.75 8.10 7.40 7.64 7.74

Liquid 2.67 4.06 4.77 5.24 6.23 6.75 6.72

Ultra Short Term Plan 1.09 8.71 3.78 6.14 6.26 6.94 5.66

Gold ETFs 18.76 -8.35 45.89 44.49 15.88 10.40 7.42

Gold FOFs 31.30 -18.11 47.09 45.03 15.69 10.33 5.37

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

Returns are as on 04th June’20208

Source : ACE MF



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Fixed Deposits Schemes

9

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.

7.85%

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.

6.88%

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.

7.25%

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.

8.00%

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.

7.75%

* 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) 28.20 -6.47 7.91 8.51 10.47

Canara Rob Bluechip Equity Fund-Reg(G) 24.69 -4.19 5.58 7.79 9.67

Mirae Asset Large Cap Fund-Reg(G) 44.77 -15.49 1.80 7.39 13.10

Indiabulls Blue Chip Fund(G) 18.12 -18.19 -0.72 5.67 7.41

HSBC Large Cap Equity Fund(G) 190.46 -12.67 1.06 5.59 18.35

Multi Cap

Parag Parikh Long Term Equity Fund-Reg(G) 25.83 3.07 8.15 9.42 14.47

Kotak Standard Multicap Fund(G) 31.22 -16.07 0.45 7.09 11.19

Canara Rob Equity Diver Fund-Reg(G) 128.04 -8.10 4.46 6.85 16.47

DSP Equity Fund-Reg(D) 36.36 -10.20 1.34 6.54 18.04

Aditya Birla SL Equity Fund(G) 626.31 -16.06 -1.33 6.09 20.92

Large & Mid Cap

Mirae Asset Emerging Bluechip-Reg(G) 49.06 -10.99 2.30 11.38 17.41

Canara Rob Emerg Equities Fund-Reg(G) 85.95 -10.93 0.52 8.67 15.16

Principal Emerging Bluechip Fund(G) 94.20 -11.29 -0.31 7.26 21.40

LIC MF Large & Midcap Fund-Reg(G) 13.45 -11.12 -0.09 6.67 5.78

Kotak Equity Opp Fund(G) 109.83 -11.76 0.44 6.63 16.44

Mid Cap

DSP Midcap Fund-Reg(G) 52.08 -5.43 0.05 8.68 12.94

Axis Midcap Fund-Reg(G) 36.93 -1.02 8.66 8.08 15.09

L&T Midcap Fund-Reg(G) 114.09 -15.02 -3.71 6.45 16.63

Kotak Emerging Equity Fund(G) 33.89 -14.01 -2.34 6.28 9.70

Invesco India Midcap Fund(G) 45.64 -7.31 2.00 6.24 12.25

Small Cap

SBI Small Cap Fund-Reg(G) 46.90 -11.28 3.11 10.16 15.48

Axis Small Cap Fund-Reg(G) 27.31 -6.79 3.44 7.79 16.67

Nippon India Small Cap Fund(G) 32.21 -21.81 -4.55 6.95 12.79

L&T Emerging Businesses Fund-Reg(G) 17.57 -27.93 -9.18 4.95 9.74

HDFC Small Cap Fund-Reg(G) 30.04 -31.51 -6.22 3.88 9.46

Performance as on 04th June’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

Axis Long Term Equity Fund-Reg(G) 42.97 -7.95 5.59 7.55 14.99

Motilal Oswal Long Term Equity Fund-Reg(G) 14.99 -14.33 -2.15 7.03 7.82

DSP Tax Saver Fund-Reg(G) 43.15 -13.44 0.27 6.80 11.54

Tata India Tax Savings Fund-Reg(G) 15.82 -16.34 0.27 6.73 8.47

Canara Rob Equity Tax Saver Fund-Reg(G) 61.80 -9.66 4.06 6.60 17.00

Sector

SBI Banking & Financial Services Fund-Reg(G) 14.44 -24.88 1.57 9.37 7.21

ICICI Pru FMCG Fund(G) 231.19 -4.01 4.54 8.65 15.97

Franklin India Technology Fund(G) 165.42 2.23 11.83 8.13 17.41

Nippon India Pharma Fund(G) 188.14 29.79 14.95 7.54 20.12

SBI Technology Opp Fund-Reg(D) 38.70 -3.65 12.89 7.46 10.73

Thematic

ICICI Pru US Bluechip Equity Fund(G) 33.77 31.62 17.38 13.28 16.62

Aditya Birla SL Digital India Fund(G) 51.42 -3.96 12.45 9.02 8.36

Canara Rob Consumer Trends Fund-Reg(G) 38.02 -5.33 4.78 8.87 13.26

Aditya Birla SL India GenNext Fund(G) 78.66 -7.30 3.38 8.33 14.91

Sundaram Rural and Consumption Fund(G) 36.44 -13.56 -2.87 7.89 9.63

Value

Tata Equity P/E Fund(G) 117.51 -14.84 -1.70 6.34 16.72

L&T India Value Fund-Reg(G) 29.34 -20.97 -4.96 4.80 10.89

Nippon India Value Fund(G) 61.42 -19.92 -1.94 3.84 12.87

HDFC Capital Builder Value Fund(G) 228.69 -24.73 -3.58 3.28 12.61

UTI Value Opp Fund-Reg(G) 55.02 -12.30 0.65 3.14 12.14

Index

HDFC Index Fund-Sensex(G) 302.99 -14.92 3.61 5.80 13.35

ICICI Pru Nifty Next 50 Index Fund(G) 21.86 -12.08 -1.97 5.58 8.18

Tata Index Fund-Sensex Plan(G) 84.51 -14.46 3.64 5.46 14.17

IDFC Nifty Fund-Reg(G) 21.05 -15.53 2.54 5.35 7.65

UTI Nifty Index Fund-Reg(D) 33.29 -16.09 2.38 5.29 9.77

Performance as on 04th June’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) 34.47 16.32 12.50 11.29 7.02

ICICI Pru Constant Maturity Gilt Fund(G) 18.35 16.36 10.79 10.79 11.17

SBI Magnum Constant Maturity Fund(G) 47.99 14.24 10.77 10.68 8.40

Nippon India Gilt Securities Fund(G) 29.34 14.08 9.49 10.40 9.56

Aditya Birla SL G-Sec Fund(G) 61.45 14.28 9.00 10.21 9.19

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

IDBI Liquid Fund(G) 2134.75 5.08 5.92 5.61 5.96

Aditya Birla SL Liquid Fund(G) 320.60 5.21 5.62 5.40 5.87

Nippon India Liquid Fund(G) 4867.33 5.05 5.65 5.39 5.85

Mahindra Liquid Fund-Reg(G) 1293.59 4.79 5.43 5.35 5.84

Axis Liquid Fund-Reg(G) 2213.50 4.82 5.71 5.47 5.84

Scheme NameLatest

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


Balanced

Canara Rob Equity Hybrid Fund-Reg(G) 158.61 -2.82 4.95 7.81 10.63

Aditya Birla SL Balanced Advantage Fund(G) 51.41 -4.95 1.71 7.35 8.48

DSP Equity & Bond Fund-Reg(G) 148.83 -4.93 2.53 7.13 13.70

Principal Hybrid Equity Fund(G) 68.64 -13.16 1.21 6.82 9.90

SBI Equity Hybrid Fund-Reg(D) 27.30 -8.08 4.34 6.67 14.55

Conservative Hybrid

ICICI Pru Regular Savings Fund(G) 45.11 4.06 6.24 8.31 9.75

Baroda Conservative Hybrid Fund(G) 26.73 8.39 7.51 7.53 6.44

Kotak Debt Hybrid Fund(G) 32.93 4.84 4.72 7.35 7.48

Canara Rob Conservative Hybrid Fund-Reg(G) 61.19 6.37 5.88 6.67 8.21

SBI Debt Hybrid Fund-Reg(G) 40.66 1.20 3.03 6.30 7.57

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

Tata Arbitrage Fund-Reg(G) 10.96 0.44 1.71 3.14 6.21

Edelweiss Arbitrage Fund-Reg(G) 14.74 0.27 1.63 2.99 6.02

L&T Arbitrage Opp Fund-Reg(G) 14.54 0.33 1.51 2.92 5.96

Union Arbitrage Fund-Reg(G) 10.81 0.37 1.53 3.01 5.88

Aditya Birla SL Arbitrage Fund(G) 20.28 0.34 1.30 2.66 5.74

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

DSP World Gold Fund-Reg(G) 17.87 55.26 12.44 11.46 4.67

IDBI Gold Fund(G) 14.17 54.11 17.86 10.83 4.56

Aditya Birla SL Gold Fund(G) 14.72 43.56 16.11 10.54 4.82

Kotak Gold Fund(G) 19.37 44.05 16.52 10.40 7.45

ICICI Pru Regular Gold Savings Fund(G) 15.54 42.26 15.62 10.37 5.23

Performance as on 04th June’2020

Hybrid Funds Performance

12Source : ACE MF



FORTUNE

Indices Watch

Index NameAs on

30-Apr-2020As on

29-May-20%

Change

S&P BSE 100 9,951.3 9,697.9 -2.55%

S&P BSE 200 4,140.4 4,040.4 -2.41%

S&P BSE 500 12,721.0 12,414.9 -2.41%

S&P BSE AUTO Index 13,349.9 14,094.7 5.58%

S&P BSE BANKEX 24,724.5 22,135.7 -10.47%

S&P BSE Capital Goods 12,186.7 12,334.0 1.21%

S&P BSE Con Durables 20,525.4 18,966.5 -7.59%

S&P BSE DOLLEX 30 3,683.7 3,527.1 -4.25%

S&P BSE FMCG 10,770.7 10,897.7 1.18%

S&P BSE GREENEX 2,380.6 2,433.3 2.21%

S&P BSE Health Care 15,332.4 15,646.4 2.05%

S&P BSE IT 14,235.0 14,067.3 -1.18%

S&P BSE METAL Index 6,746.0 6,805.3 0.88%

S&P BSE Mid-Cap 12,013.5 11,843.2 -1.42%

S&P BSE O & G Index 12,066.4 11,836.0 -1.91%

S&P BSE Power Index 1,490.5 1,481.5 -0.60%

S&P BSE PSU 4,785.0 4,498.1 -6.00%

S&P BSE Realty Index 1,450.4 1,411.5 -2.68%

S&P BSE SENSEX 33,717.6 32,424.1 -3.84%

S&P BSE Small-Cap 11,101.8 10,892.6 -1.88%

S&P BSE TECk Index 7,152.2 7,222.5 0.98%

Indian Indices:

Index NameAs on

30-Apr-2020As on

29-May-2020%

Change

NIFTY PHARMA 9,327.1 9,768.6 4.73%

INDIA VIX 34.0 30.2 -11.08%

NIFTY IT 14,108.4 14,010.5 -0.69%

NIFTY SERV SECTOR 13,438.0 12,567.4 -6.48%

Nifty Financial Services 10,570.8 9,527.1 -9.87%

NIFTY BANK 21,534.5 19,297.3 -10.39%

NIFTY 50 9,859.9 9,580.3 -2.84%

NIFTY FMCG 28,669.3 29,297.0 2.19%

NIFTY 100 10,006.9 9,759.5 -2.47%

NIFTY CONSUMPTION 4,509.1 4,611.1 2.26%

NIFTY 200 5,085.1 4,963.4 -2.39%

NIFTY MNC 12,524.9 12,497.8 -0.22%

NIFTY 500 8,012.9 7,822.4 -2.38%

NIFTY ENERGY 13,154.7 13,060.5 -0.72%

Nifty 500 Shariah 2,769.4 2,745.9 -0.85%

NIFTY DIV OPPS 50 2,145.3 2,132.0 -0.62%

NIFTY AUTO 5,901.4 6,218.8 5.38%

Nifty Midcap 50 3,722.4 3,713.6 -0.24%

NIFTY PSU BANK 1,326.1 1,129.9 -14.80%

NIFTY MEDIA 1,159.8 1,177.9 1.56%

NIFTY COMMODITIES 2,680.0 2,726.9 1.75%

NIFTY METAL 1,859.9 1,879.9 1.07%

NIFTY INFRA 2,753.2 2,845.2 3.34%

NIFTY PSE 2,439.3 2,369.0 -2.88%

NIFTY REALTY 187.3 180.1 -3.84%

Global Indices:

Index NameAs on

30-Apr-2020As on

29-May-2020%

Change

All Ordinaries 5,598 5,872.2 4.90%

BEL-20 3,099 3,203 3.35%

Bovespa 80,506 87,403 8.57%

CAC 40 4,572 4,695 2.70%

DAX 10,862 11,587 6.68%

Dow Jones 24,346 25,383 4.26%

Dow Jones Comp Index 7,863 8,240 4.80%

FTSE 100 5,901 6,077 2.97%

Nasdaq 8,890 9,490 6.75%

Nikkei 225 20,194 21,878 8.34%

NYSE 11,372 11,803 3.79%

S&P 500 2,912 3,044 4.53%

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/05062020/06

KARVY DistributionE-mail : [email protected]

Phone : 040 3321 7132

Production: Naga Babu K

13

Source : ACE MF

investor journal for the month of jun - 2020manufacturing (-20.6 percent vs 3.1 percent) and...

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