Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Leave a missed Call on
94 8300 8300
Religare Invesco Tax Plan
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capand sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
Fund Managers
Vetri Subramaniam since Dec 2008
Vinay Paharia since Jun 2010
Strategy
Even though the fund currently has a large cap bias with 52 per cent allocation, it hasn't been hesitant about being heavily invested in smaller companies. In the past too, the mid-cap and small-cap allocation have been high. Its relatively small size makes an effective mid-cap strategy viable. Sectors that have dominated the portfolio are Energy, financials, FMCG, services and technology which account for around 65 per cent. The fund stays below the 50-stock mark for its portfolio. Says Religare CIO and veteran fund manager Vetri Subramaniam, “The fund is equally balanced between large-caps and midcaps. We look to benefit from growth opportunities by investing in young companies with a patient mindset. The portfolio always stays well diversified. We prefer high quality businesses with healthy growth prospects. We do not take tactical positions in this fund and try to minimise turnover.”
Performance
The fund has generated above average returns since its launch in 2007. Only in 2012 did it fall behind but only be a small margin. It proved to be quite resilient in the market downturns of 2008 as well as 2011, containing its decline better than the category average. Its large cap allocation and higher exposure to defensive sectors aided the fund during that time period. It has also managed to perform well even during rising markets by surpassing most of its peers in terms of returns. It has always been part of the top two quartiles and one of the top performing funds in its category.
Why invest?
Despite its relatively short history, the consistent outperformance it has shown makes it a good choice for a tax-saving fund.
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 FundsInvest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual FundsInvest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual FundsInvest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International fundsInvest 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
Posts
![[ Registered ]](http://www.diarist.net/registry/button.gif){kind=small}
No comments:
Post a Comment