Invest In Tax Saving Mutual Funds Online
This is a large-cap fund with about 65 per cent exposure in large-caps and rest in mid-caps. The fund manager takes a 3- to 5-year investment timeframe with investments across market capitalisation. Investments are in stocks with potential of long-term growth and appreciation. There is no restriction on how much can be invested in a stock or sector, which occasionally leads to high allocation to a single stock or sector.
The fund management style is slightly contrarian and value-focussed rather than momentum-focussed. Investments are mostly in stocks that are accumulated when the valuations are attractive. The fund manager also exits stocks which have outperformed the benchmark significantly before they move to the overvalued zone.
Performance
This fund handsomely rewards investors who stay invested for long. In recent years, it has done well by maintaining a portfolio of quality large-cap stocks such as Infosys, ICICI Bank and Reliance Industries. This has stabilised its performance and helped post better returns. In 2011, the fund was able to curtail the fall with its aggressive bets in healthcare sector on stocks like Cipla and Divi's Laboratories, which helped cushion the fall. In 2012, its performance improved with mid-cap bets such as Orient Paper & Industries, Precot Meridian and Cadila Healthcare.
The fund manager stays well-invested in all market cycles with cash holdings rarely exceeding 10 per cent. A diversified portfolio with the large-cap tilt has helped bring stability and capitalise on opportunities present across market caps.
Investments in sectors such as energy, engineering, financial and healthcare account for over 60 per cent of the assets and have enabled this fund to do well. In years when the markets are in a bear phase, the fund manages to curtail the fall with its aggressive bets in healthcare sector. However, investors should be cautious of the high turnover ratio of this fund.
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 PlanInvest Online
- HDFC TaxSaverInvest Online
- DSP BlackRock Tax Saver FundInvest Online
- Reliance Tax Saver (ELSS) FundInvest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) FundInvest Online
- SBI Magnum Tax Gain Scheme 1993Invest Online
- Sundaram Tax SaverInvest 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 MutualFundsInvest 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