Scheme Performance

Equity 3Y% 5Y% Category Hybrid 3Y% 5Y% Category

DSP Tax Canara

Saver Rob
-5.31 1.45 Equity - ELSS
Fund- Equity Hybrid - Aggressive
1.52 3.94
Reg(G) Hybrid Hybrid Fund
Fund-
Canara Reg(G)
Rob
Equity SBI
Tax 0.27 1.40 Equity - ELSS Equity
Hybrid - Aggressive
Saver Hybrid 1.39 3.51
Hybrid Fund
Fund- Fund-
Reg(G) Reg(G)

Kotak DSP
Tax Equity
-4.70 0.54 Equity - ELSS Hybrid - Aggressive
Saver & Bond -0.87 3.49
Hybrid Fund
Fund(G) Fund-
Reg(G)
more
more
Note: Data as on 3-Apr-2020
Note: Data as on 3-Apr-2020

MF Commentary
The week that went by
Category Update - Equity

Markets continued to plunge after the International Monetary Fund (IMF) said the
global economy is now in recession because of the COVID-19 pandemic. Sensex and
Nifty closed with weekly losses of 7.46% and 6.66% respectively. The broader indices
managed to dodge the negativity in benchmarks with Mid cap losing 3.03% while
small cap was down by 0.93%. In Equity Mutual Funds, Pharma & Healthcare Sector
Funds outperformed amongst other categories with weekly average absolute return of
6.24%.

Category Update - Debt

The 10 Year Indian Government bond yield increased by 17 basis points to 6.31%
from 6.14%in this week. In case of Debt categories in mutual funds, Money Market
Funds outperformed amongst the other categories with weekly average annualized
return of 11.14%.

Forthcoming Dividends:

Dividend Per
Scheme Name Category Record Date
Unit (Rs.)*
NA - -
*Dividend per unit are as per addendum

Forthcoming & Current NFOs:

 Scheme Name Category Type Open Date Close Date

L&T Nifty Next 50 Index Equity: Index

Open-ended 24-Mar-20 7-Apr-20
Fund Fund
Equity: Index
L&T Nifty 50 Index Fund Open-ended 24-Mar-20 7-Apr-20
Fund
Fund News: 

 The Finance Ministry has clarified that investors can invest in tax savings
instruments under 80C till June 30, 2020.
 The government has reduced the rate of interest on 8 small savings schemes
by 70-140 basis points. These schemes include PPF Scheme, National Saving
Certificate, Senior Citizen Saving Scheme, Kisan Vikas Patra and Sukanya
Samriddhi Account Scheme.