Balance in your Investment Portfolio

Balanced Advantage Funds

Volatility can't be avoided, but choosing the right fund can ensure your investment is least affected.

Volatility can't be avoided, but choosing the right fund can ensure your investment is least affected. Asset allocation scheme that dynamically allocates between Equity and Debt instruments by means of quality stock selection and active portfolio rebalancing.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

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Call us on 94 8300 8300

ICICI Prudential Focused Bluechip Equity Fund

Best SIP Funds to Invest Online 

ICICI Prudential Focused Bluechip Equity Fund investment strategy will be to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalisation. In case, the total assets in this fund crosses Rs.1000 crore then more than top 20 large companies would be added to the portfolio.

A relatively recent entry into a vintage category, this fund has beaten both category and benchmark in five of the seven years since launch. This has earned it a four- to five-star rating for much of the last six years. A well-timed start in the downbeat market of May 2008 helped the fund deliver blockbuster performance in its first year itself.

No index hugger, the fund cherry-picks high-conviction bets. It has a compact and concentrated portfolio, with 50-55 stocks in recent times. This has been maintained despite the asset size burgeoning to over Rs 13,497 crore. The fund has a higher-than-category allocation to large caps; it usually parks 90 per cent plus of its assets in large caps, with 5-10 per cent to mid caps.

ICICI Prudential Focused Bluechip Equity Fund has consistently beaten its benchmark and peers, though the margins of outperformance haven't been large. The fund's one-year return is 3 percentage points ahead of the benchmark and its three- and five-year returns are 4-5 percentage points ahead of the benchmark.

ICICI Prudential Focused Bluechip Equity Fund  only handicap is that it hasn't seen a serious bear market since inception. In 2011 and in 2015, it managed to contain downside well. The fund's manager, Manish Gunwani, has recently quit the fund house. However, the process-driven mandate and a strict large-cap focus make this less of a concern for this fund, especially with the seasoned Sankaran Naren taking over the reins as fund manager.

ICICI Prudential Focused Bluechip Equity Fund is a good fund for conservative investors.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

 

How to Open Trading and demat Account Online

    Invest In MFs Online 

Opening a trading and demat account online

Thanks to Aadhaar, it is now possible to open a trading and demat account with a broker online. Since all processes are completed online, the account activation takes only a few minutes.

Who can use this facility?

Only those who have valid Aadhaar card with an active Aadhaar-linked mobile number and email id can use the facility to open trading and demat accounts using e-KYC facility.

Soft copies needed of Aadhaar card PAN card

Cancelled cheque as bank proof

Income proof in case one wants to opt for derivatives segment

Signature of the applicant

PAN and Aadhaar validation

To begin with, the applicant must visit the broker's online portal to open a new trading and demat account. On entering basic details such as name, mobile number, PAN and Aadhaar number, a verification OTP will be sent to the Aadhaar registered mobile number.

Account opening

Once validation of PAN and Aadhaar is completed, the applicant needs to select the market segment he wishes to trade in, address that he wants to use, the brokerage plan he wants to opt for, other personal details and bank details. Document proofs must be uploaded when prompted.

In person verification

After details are furnished and documents uploaded, the applicant will have to go through an in-person verification process.Document proofs and physical presence of the applicant will be verified through a video session by the broker's official. Once accepted, the applicant will be prompted to affix e-sign and an OTP will be sent to the registered number. On entering the number, e-sign will be affixed, the e-KYC process will get completed and a unique client code (UCC) will be generated.

Since non-individual clients do not have Aadhaar, they are not eligible for this facility.

In case the mobile number is not mapped to the applicant's Aadhaar, he can fill up the form online, take a print, sign and send the same physically to the broker's office.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300