Prajna Capital |
- ELSS Mutual Funds Investment is better than PPF, NSC in returns - Crisil
- Reliance Mutual Fund - Reliance fixed horizon fund
- ICICI Prudential Services Industries Fund
| ELSS Mutual Funds Investment is better than PPF, NSC in returns - Crisil Posted: 18 May 2012 09:02 AM PDT Tax Saving Mutual Funds Online Download Mutual Fund Application Forms
INVESTMENTS in an Equity Linked Savings Scheme (ELSS) of a mutual fund have yielded higher returns compared with other instruments like public provident fund (PPF) and national savings certificates (NSC) in the past few years, a report by Crisil has said.
Our analysis shows that ELSS gave 26 per cent and 22 per cent annualised returns over three and 10 years, respectively, vis-a-vis 8-9 per cent offered by traditional tax-saving investment products such as PPF and NSC, Crisil said.
Crisil added that interest on EPF for 2011-12 was slashed to 8.25 per cent from 9.5 per cent in the previous year and, thus, ELSS can act as a strong alternative to investors.
Though the traditional debt products are considered to be relatively safer bet as they are not affected by volatility, they are unable to generate higher inflation adjusted returns in the long run.
The PPF accounts fetched 8.12 per cent over the past 10 years, and in the similar period, the NSC gave an interest of 9.10 per cent.
ELSS is not only an attractive option to save tax, but also helps create wealth over the long run. ELSS as a category has outperformed the Nifty-500 across 3 and 10 years. With average inflation around 7 per cent over the past three years, top Crisil-ranked ELSS gave an inflation adjusted return of 14 per cent, which is significantly higher than returns offered by other tax-saving products. The rating agency, however, cautioned that the ELSS investment requires some amount of market risk and had to cherry pick those schemes which have performed consistently well.
--------------------------------------------- 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 )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  | ||||||||
| Reliance Mutual Fund - Reliance fixed horizon fund Posted: 18 May 2012 07:59 AM PDT Download Mutual Fund Application Forms
Reliance Mutual Fund has launched a new fund named Reliance fixed horizon fund XXII series 8. The new issue will be open for subscription from May 21.
-------------------------------------------- Invest Mutual Funds Online Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms Best Performing Mutual Funds
Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  | ||||||||
| ICICI Prudential Services Industries Fund Posted: 18 May 2012 06:53 AM PDT Download Mutual Fund Application Forms
ICICI Prudential Services Industries Fund
Services industries sector covers wide gamut of activities such as trade, banking and finance, infotainment, telecommunication, railways and technical services among others. At present, the service sector constitutes a dominant proportion of our nation's economy. Post liberalisation, companies within the Services sector have so far displayed robust growth which not only led to service industries be a dominant contributor to the economy but has also encouraged many fund houses to offer this theme for investment.
Equity Portfolio
IPSIF is benchmarked to the CNX Service Sector Index. Its latest portfolio (i.e. as on September 30, 2011) constitutes of 32 stocks, where the top-10 stocks account for 52.9% of the portfolio while the top-5 sectors account for 66.9% of its portfolio. The fund manager doesn't churn the portfolio very aggressively as revealed by the portfolio turnover ratio of 0.82 times.
How IPSIF has fared vis-à-vis its peers
The table above reveals that IPSIF's performance vis-à-vis its peer is quite competitive. On 3-Yr return the fund has fared almost in sync with its benchmark (CNX Service Sector index). However, over 5–Yr time frame it has underperformed its benchmark by a noticeable margin, by clocking returns of mere 4.3% CAGR, as against the 7% CAGR returns generated by CNX Service Sector.
Fund Manager Profile
Even though the returns delivered by ICICI Prudential Services Industries Fund are competing within the category, they are nothing to vie for when seen on a risk adjusted basis. Moreover, since the fund focuses on investing in companies in the "service sector" domain, its fortune would be closely linked to the theme, which makes it a risky investment proposition for one's investment portfolio. -------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms
Best Performing Mutual Funds
Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
| You are subscribed to email updates from Prajna Capital - An Investment Guide To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment