Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Friday 22 March 2013

DWS Income Advantage

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

This fund sticks to its mandate to mostly invest in a diversified portfolio of debt and money market securities. Depending on the fund managers' views on equity, the fund invests in equity to enhance the overall portfolio returns. In its short history of 5 years, this fund has maintained a compact equity portfolio with no more than seven stocks and that too from the mid- and small-cap universe. At the moment, there is only a single stock, Goodyear India, in its portfolio; accounting for a little over 4 per cent allocation.


The fund managers follow a fixed income investment strategy which focuses on generating high accrual income from the portfolio by primarily investing in high-quality short-term papers. They emphasise on quality portfolio with large portion of its investments in AA+ and AAA rated papers. Its allocation to debentures has been 65 to 70 per cent in 2012.

 

Performance


This fund has improved its performance with time. In 2008, this was the second best fund in the category with 10 per cent returns compared to the category average of -3.65 per cent. However, the very next year it slipped to be in the bottom quartile. While it was able to rebound in 2011 when the markets fared poorly, but it was insufficient for it to post anything out-standing.


To add to its woes, it has seen seven fund managers manage it over the past five years, which has resulted in inconsistent performance. In 2011, this fund spun around to be in the top quartile with 4.24 per cent returns, which was almost four times the category average that year. However, 2012 was not a favourable year, when this fund slipped on performance yet again. The renaming to DWS Income Advantage Fund from the earlier Money Plus Advantage did not help its fortunes. The fund's varying performance has resulted in its assets going up in 2009 to Rs 900 crore and then falling in 2012 to Rs 8 crore. Where this fund loses out further is with its high expense ratio, which was 2.45 per cent as on December 31, 2012.

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 )

  1. ICICI Prudential Tax PlanInvest Online
  2. HDFC TaxSaverInvest Online
  3. DSP BlackRock Tax Saver FundInvest Online
  4. Reliance Tax Saver (ELSS) FundInvest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) FundInvest Online
  7. SBI Magnum Tax Gain Scheme 1993Invest Online
  8. Sundaram Tax SaverInvest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver Mutual Funds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

No comments:

Post a Comment

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications