The Vodafone papers have hit some schemes badly and different schemes are dealing with the issue differently. Most schemes have marked their exposure down to zero per cent in these troubled papers.
Apurva Bhosale also had two short to medium term goals: a marriage fund and vacation. To meet these goals, she invested in a banking & PSU fund and a corporate bond fund.
If you are convinced about the efficacy of these `diversifiers,' you may consider allocating a small part of your portfolio to them, only if you have a sizeable portfolio.
Passive schemes are gaining traction after they proved their worth in the large cap segment in the last two years. The other reason for their popularity is their ‘low-cost’ structure.
AMCs like Nippon, ICICI Prudential, UTI, L&T, JM and IDFC are in queue to launch passive schemes ranging from bank ETFs and IT ETFs to mid and small cap index funds.
Many mutual fund advisors say that investors make some common mistakes that reduce their chances of earning the maximum returns.
Many participants at the ET Wealth Investment Workshop wanted to know when the value funds will regain their lost charm. Nilesh Shetty, co-fund manger of the pioneer value fund, Quantum Long Term Equity Value Fund, responded to their queries in detail.
"Axis All Seasons Debt Fund FOF is a unique product in the debt basket. It aims at adequate diversification. Especially at this point when there is a lot of confusion among investors about debt funds, this can be a go to scheme."
In the last 15 days, mid cap and small cap indices have gained between 3-5%, as soaring valuations in large cap stocks along with ample liquidity started chasing quality stocks in these segments.
Deepali Sen, a mutual fund advisor responds to frequently asked questions by investors.
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