Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Leave a missed Call on
94 8300 8300
Mirae Asset Emerging Bluechip Fund
In terms of individual stocks Amara Raja batteries was the top holding with Federal bank, Divis labs, Gateway Distriparks, IPCA labs, ICICI Bank Apollo Tyres and GMDC being some other holdings.
Nature: Equity oriented open ended
Inception: July 2010
Assets under Management: Rs 201 crore at the end of February 2014
Fund Manager: Neelesh Surana
Analysis:
The fund is a mid cap focused fund that invests in companies with a market cap of at least Rs 100 crores but which are not a part of the top 100 stocks by market cap. At the end of September 2012 the fund had the highest exposure to banks at 15 per cent of the portfolio. Pharma, auto ancillary and consumer non durables are the other sectors that had a prominent place in the portfolio. Around 7 per cent of the total portfolio was present in cash and cash equivalents. In terms of individual stocks Amara Raja batteries was the top holding with Federal bank, Divis labs, Gateway Distriparks, IPCA labs, ICICI Bank Apollo Tyres and GMDC being some other holdings. The CNX Midcap index was the benchmark index and the fund was an outperformer over the one and two year time periods.
Six months later banks managed to increase their share in the portfolio to 18 per cent. Pharma, consumer non durables and auto ancillaries were some of the other leading sectors in the portfolio. The cash component in the portfolio had come below 5 per cent. The portfolio turnover ratio was at 0.83 times.
Federal bank was the top individual holding in the portfolio. Amara Raja Batteries, ICICI Bank, ING Vysya Bank, IPCA Labs, Divis Labs and Gateway Distriparks were some of the other leading holdings. The fund was an outperformer over the one and two year time periods ended March 2013.
By the end of September 2013 Pharma had toppled banks as the top sector in the portfolio. Consumer non durables and auto ancillaries were the other leading sectors in the portfolio. The fund portfolio turnover ratio remained steady. Tech Mahindra was now the top individual holding in the portfolio. IPCA labs, Amara Raja Batteries, ICICI Bank, Divis Labs, Federal bank and ING Vysya bank were some of the other top holdings in the portfolio. The fund was an outperformer over the one and three year time periods ended September 2013.
Banks continued to slide in the sector exposure front and at the end of February 2014 they were in the third position after Pharma and software. The portfolio turnover ratio decreased to below 0.75 times. At the same time the cash and cash equivalents in the portfolio reached near the 5 per cent mark. Tech Mahindra continued to be the top
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Any Fund Application Forms
---------------------------------------------
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Franklin India Bluechip
- ICICI Prudential Top 100 Fund
B. Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Birla Sun Life Front Line Equity Fund
- Franklin India Prima
C. Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Birla Sun Life Dividend Yield Plus
- SBI Emerging Businesses Fund
- HDFC Mid-Cap Opportunities Fund
- ICICI Prudential Discovery Fund
D. Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
2.Franklin India Smaller Companies
E. Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual Funds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International funds Invest Online
1. Birla Sun Life International Equity Plan A
2. DSP BlackRock US Flexible Equity
3. FT India Feeder Franklin US Opportunities
4. ICICI Prudential US Bluechip Equity
5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
No comments:
Post a Comment