UNOVEST

Build Wealth with simple, proven ways

Mutual Funds

Why check Rolling Returns for Mutual Funds?

Mutual Funds

The top question on any investor’s mind is “what’s the return I can get?” I wasn’t surprised when recently an investor told me that his investment strategy was looking at past 3 year and 5 year returns of a fund and invest in the top ones. Now, you WILL look at past returns, there is […]

Equal Weight Nifty 50 – the reality so far

Mutual Funds

In the past few years, there is a spate of launches of smart Beta funds or semi passive or index fund with a minor twist. Adjusted for volatility, quality, momentum, weights, caps – you can have your pick. One of the latest smart beta NFOs is the ABSL Equal Weight Nifty 50 Index fund. Seems […]

Parag Parikh Conservative Hybrid Fund – Why so excited?

Mutual Funds

PPFAS AMC has announced a new fund. This is going to be the 4th fund after its flagship Flexi cap fund, tax saver fund and liquid fund. The NFO or New Fund Offer opens on May 7, 2021. In its hallmark style, the fund house has gone to great lengths to offer a transparent, informative […]

Do you want to exit ICICI Pru Value Discovery Fund?

Mutual Funds

ICICI Pru Value Discovery Fund has recently announced a couple of changes. Do they hurt you or help you? Let’s find out. One, it is going to merge the ICICI Pru Value Fund – Series 18 into itself. The Series 18 is a closed ended fund started in 2017. I am not really clear about […]

2 key changes in Mutual Funds in 2021

Mutual Funds

We will keep this short and straight. #1 Renaming of the dividend plan to IDCW The dividend plans of mutual funds are now called IDCW or Income Distribution and Capital Withdrawal plan. You see, dividends with mutual funds hardly ever made sense. They only redistribute any money earned via dividends from stocks or interest on […]

UTI Nifty 200 Momentum 30 Index Fund – Invest?

Mutual Funds, NFO

“Momentum” – the word has a certain charm, a positive reinforcement, a drive to deliver. Add that word to a mutual fund scheme name and you have got a winner. Wait, isn’t that the promise of our new fund too! “Keep your winners and weed out the losers.” Or, as the UTI Nifty 200 Momentum […]