Invest In Tax Saving Mutual Funds Online
The fund aims to invest primarily in companies with high growth opportunities in the middle and small capitilisation segment, called 'future leaders'. These companies have been defined as those which have a market capitalisation below that of the 99th stock in the BSE 500 Index and which may or may not be a constituent of the index. The universe also includes IPOs conforming to the criteria.
Further, the fund takes cash calls only under special circumstances.
Performance
After three consecutive years of indifferent performance, the fund witnessed a turnaround in 2010. It has consistently been a part of the top-2 quartile since then, including a turbulent 2011. Moreover, it also marched ahead of the category average by over 10 per cent in 2012.
The small cap bets that have worked for the fund include Lupin, Federal Bank and South Indian Bank. But there have been more misses than hits in the small cap category. Though when it comes to mid caps most of the fund's convictions have been proved right. Castrol India, Oriental Bank of Commerce and Union Bank of India are some of the stocks in this space that have brought money for the fund.
Previously, its investments in a single mid or small cap stock used to go as high as 13 per cent but in the last 3 years it has been capped at 7 per cent.
The fund in recent years has been upbeat on construction, engineering, financial and services sector which account for over 50 per cent of the portfolio.
Why invest?
Its turnaround makes it a compelling pick despite being a small fund with less than R50 crore assets. It offers a blend of opportunity with a focus on profitable bets in each segment.
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
No comments:
Post a Comment