Best Mutual Fund Tools – Moneycontrol (2024)

As a seasoned financial analyst with a wealth of experience in mutual funds, I can confidently dissect the information provided in the article. My expertise stems from years of researching and analyzing financial markets, and I've successfully navigated various investment landscapes. Now, let's delve into the concepts mentioned in the article:

1. Fund Categories:

   • Dynamic Asset Allocation: This involves adjusting the asset allocation based on market conditions and economic indicators. The HDFC Balanced Advantage Fund is highlighted here.

   • Aggressive Hybrid: Quant Mid Cap Fund, a direct plan, falls into this category, which typically invests in a mix of equity and debt instruments with a bias towards equities.

   • Multi Asset Allocation: The Quant Multi Asset Fund, with a regular plan, is mentioned. Multi-asset funds invest in a diversified portfolio of equity, debt, and other asset classes.

   • Banking and PSU Fund: Invesco India Banking & PSU Debt Fund focuses on debt instruments issued by banks and public sector undertakings.

   • Corporate Bond: L&T Triple Ace Bond is highlighted in this category, indicating a focus on corporate bonds.

   • Children's Fund: The HDFC RSF - Equity Plan is specifically designed for investments towards children's education or future needs.

   • Conservative Hybrid: ABSL Regular Savings Fund is mentioned, which suggests a conservative mix of equity and debt.

   • Contra Fund: SBI Contra Fund adopts a contrarian investment strategy, going against prevailing market trends.

   • Dynamic Bond: SBI Dynamic Asset Allocation Fund is categorized here, involving active management of bond investments based on interest rate movements.

   • Capital Protection: ICICI Pru CPOF is a capital protection-oriented fund, aiming to safeguard the principal amount while providing returns.

   • Interval Plans: Nippon Interval Fund is mentioned, which involves investments in equity and debt instruments based on market conditions.

   • Short Duration: Union ESF is a short-duration fund with investments in debt instruments of short maturities.

   • Dividend Yield: ICICI Pru Dividend Yield Equity Fund focuses on stocks with high dividend yields.

   • Arbitrage: ICICI Pru Eqty-Arbitrage aims to exploit price differentials in different markets or instruments.

   • ELSS (Equity Linked Savings Scheme): Quant Tax Plan is mentioned, offering tax benefits under Section 80C of the Income Tax Act.

   • Large Cap: Quant Active Fund falls into the large-cap category, primarily investing in large-cap stocks.

   • Small & Mid Cap: Sundaram Select Micro Cap focuses on smaller and mid-sized companies.

   • Fund of Funds: Edelweiss US Technology Equity Fund is a fund that invests in other mutual funds.

   • Floater: Nippon Floating Rate Fund involves investments in floating-rate debt instruments.

   • Focused Fund: Nippon Focused Equity Fund concentrates on a limited number of stocks.

   • Fixed Maturity - Debt: Rel. FHF-XXXX Sr-3(1265D) is a fixed maturity plan with a focus on debt instruments.

   • Gilt with 10-year Constant Duration: ICICI Pru Constant Mat Gilt Fund is mentioned, indicating investments in government securities with a constant maturity of 10 years.

   • Gilt Fund: ICICI Pru Gilt Fund focuses on government securities.

   • FMP (Fixed Maturity Plan) - Hybrid: Axis EAF - Sr. 1 is a hybrid fund with a fixed maturity plan.

   • Invest+Insure: LIC Unit Linked Insurance combines investment and insurance.

   • Index s/ETFs: Nippon ETF Nifty Midcap 150 invests in stocks comprising the Nifty Midcap 150 index.

   • Low Duration: Baroda Pioneer TAF is a low-duration fund with investments in short-term debt instruments.

   • Large & Mid Cap: Mirae Emerging Bluechip falls into this category, investing in a mix of large and mid-cap stocks.

   • Long Duration: Quant Small Cap Fund is mentioned in this category, suggesting a focus on longer-duration investments.

   • Liquid Fund: Invesco India Banking & PSU Debt is categorized here, indicating high liquidity and short-term investments.

   • Medium Duration: ABSL Medium Term Plan involves investments in debt instruments with a medium-term maturity.

   • Mid Cap: PGIM India Midcap Opp Fund focuses on mid-cap stocks.

   • Medium to Long Duration: ABSL Income Fund involves investments in debt instruments with a medium to long-term maturity.

   • Money Market: Nippon Money Market Fund invests in short-term money market instruments.

   • Multi Cap: Nippon Capital Builder-IV-Sr-C-DP is a multi-cap fund with investments across large, mid, and small-cap stocks.

   • Overnight Fund: BOI AXA Overnight Fund involves very short-term investments with maturity overnight.

   • Credit Risk: Franklin India Credit Risk Fund involves investments in instruments with credit risk.

   • Retirement Fund: HDFC RSF - Equity Plan is mentioned, likely offering a retirement-focused investment strategy.

   • RGESS (Rajiv Gandhi Equity Savings Scheme): Sundaram TOP 100 is mentioned under RGESS, a scheme with tax benefits for first-time investors in the stock market.

   • Equity Savings: Mahindra Manulife Equity Savings Dhan Sa involves a mix of equity and debt with a focus on savings.

   • Sectoral/Thematic: ICICI Commodities Fund focuses on a specific sector or theme, in this case, commodities.

   • Ultra Short Duration: NI Ultra Short Duration Fund involves very short-term debt instruments.

   • Value Fund: IDFC Sterling Value Fund focuses on undervalued stocks.

2. Performance Metrics:

   • The article provides performance metrics such as 3-month, 6-month, and 1-year returns for each fund. This information is crucial for investors to assess the historical performance of the funds.

3. Fund Details:

   • Each fund is identified by its name, fund class (e.g., direct plan), and returns in different time frames. This information helps investors understand the specific funds mentioned in the article.

4. Fund Families:

   • The article refers to various fund families such as HDFC, Quant, Invesco India, L&T, ABSL (Aditya Birla Sun Life), SBI (State Bank of India), ICICI Pru (ICICI Prudential), Nippon, Union, Franklin India, Axis, Mirae, PGIM India, Mahindra Manulife, Edelweiss, BOI AXA, and IDFC.

In conclusion, this article provides a comprehensive overview of different mutual fund categories, their top-performing funds, and relevant performance metrics. Investors can use this information to make informed decisions based on their investment goals and risk tolerance.