Invest In Tax Saving Mutual Funds Online
Investment objective
The investment objective of the scheme is to achieve long term capital appreciation by investing in up to 25 companies with long term sustainable competitive advantage and growth potential.
Investment strategy
The scheme will invest 65-100 per cent of its assets in top-200 companies (market capitalisation-wise), 0-25 per cent in those beyond top-200 and 0-10 per cent in debt. However, the scheme will not invest in stocks below market capitalisation of 1,400 crore.
The scheme will be benchmarked against CNX Nifty Index. The scheme will only invest in 25 stocks. Generally, the equity diversified funds have more than 45 stocks in its portfolio. There are a few funds which have even more than 60 to 70 stocks in their portfolios.
Similar Funds
Among 370 equity schemes, there are 7 schemes which invest in less than 25 stocks.
Fund Manager
Taher Badhsah and Abhiroop Mukherjee will be managing this scheme. Badshah will be the equity fund manager. He has over 18 years of experience in fund management and investment research. He is a B.E. in Electronics from the University of Mumbai with a Masters in Management Studies (Finance) from the SP Jain Institute of Management, Mumbai. And Mukherjee will be the debt fund manager and he also manages Motilal Oswal MOSt 10 Year Gilt Fund.
Fund House
Motilal Oswal Mutual Fund launched its first fund in July 2010. It has overall 6 schemes including this new one - 4 Equity, 1 Debt and 1 Gold scheme. Out of 6 schemes, it has 4 ETFs and 2 actively managed funds. Overall, it manages Rs 538.53 crores as on March 31, 2013.
Basic Details
NFO Open: April 22, 2013
NFO Close: May 6, 2013
NFO Price: Rs 10
Plans: Regular & Direct Plan
Minimum Application Amount: Rs 10,000
Exit load: NIL
Benchmark: CNX Nifty Index
Fund Managers: Taher Badhsah & Abhiroop Mukherjee
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
Posts
No comments:
Post a Comment