Career Search

Friday, December 21, 2012

Review of HDFC TaxSaver

 
 
 

Aim: Invest in medium and large sized high growth companies with competitive advantages and financial strength

Performance Driver: Concentrated exposure to fewer sectors; large-cap orientation has achieved growth during rallies and checked on downside during falls

Why Invest?
The buy-and-hold strategy and low portfolio turnover is a good long-term investment with tax benefits

Flipside:The fund's few contrarian bets may impact short-term performance

Invest if: You are looking for tax deductions on investments with equity exposure but low risk tolerance

No comments: