In the past three-year and five-year periods, the scheme has delivered 33% and 19% returns, respectively. This out performance is purely due to stock-picking strategy of the scheme's fund manager, Mrinal Singh. The scheme invests in companies which trade at a discount to their intrinsic value. Financial parameters such as price-to-book value, price-to-earnings multiple and relative market capitalization of a given company in comparison to its peers in the industry are a few factors that the fund manager keeps in mind while identifying a company. At present, a large part (over 60%) of the scheme's portfolio is invested in large-sized companies while the rest of the scheme's portfolio is spread across mid-and-small-sized companies.
In terms of portfolio, the scheme's fund manager has bought companies where valuations were attractive. These companies include names such as ICICI Bank, Cipla and Sun Pharmaceuticals.These companies are fundamentally sound and have high earnings growth potential given their brand presence and market share in their respective sectors.
Top 10 Tax Saver Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Religare Tax Plan
4. DSP BlackRock Tax Saver Fund
5. Franklin India TaxShield
6. ICICI Prudential Long Term Equity Fund
7. IDFC Tax Advantage (ELSS) Fund
8. Birla Sun Life Tax Relief 96
9. Reliance Tax Saver (ELSS) Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
PrajnaCapital [at] Gmail [dot] Com
OR
Leave a missed Call on 94 8300 8300
------------------------------
Posts
No comments:
Post a Comment