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- How to save tax by investing in Post Office Time Deposit (POTD)?
- Franklin India Smaller Companies Fund
- SIP in Gold
How to save tax by investing in Post Office Time Deposit (POTD)? Posted: 16 Oct 2012 05:11 AM PDT Call 0 94 8300 8300 (India) Although available for varying time duration like one year, two year, three year and five year, only 5-Yr post-office time deposit (POTD) qualifies for tax saving under section 80C.
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Franklin India Smaller Companies Fund Posted: 16 Oct 2012 03:55 AM PDT Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India)
Mid and small cap stocks are stocks of companies having a high growth potential over longer time frame. To put it simply, they have the potential of being large caps of future. But having said that mid cap stocks are high risk-high return investment proposition as they aim to generate wealth by generating a superior alpha (as compared to large caps) returns, but exposing their investors to greater risk. Moreover, during turbulent times they have a tendency to fall more as compared to stocks in the large cap segment. Hence the funds focusing on the mid and small cap segment are ideal for investors willing to take high risk for relatively higher gains.
Equity Portfolio
Being benchmarked against the CNX Midcap Index; FISCF's portfolio constitutes of 'A' and 'B' group stocks, but 'B' group ones hold a dominance constituting 78% of the portfolio. It is comprised of total 49 stocks as per the latest portfolio. Top-10 stocks and top-5 sectors constitute 44.32% and 43.64% respectively. While undertaking its stock picking activity, FISCF follows a bottom up approach, and assigns more weightage to company specific factors rather than sectorial trait and performance. Moreover, the fund manager refrains from churning the portfolio too often (as revealed by its petite portfolio turnover ratio of 0.53 times), and adopts a "buy and hold" strategy.
How FISCF has fared vis-Ã -vis its peers
(Standard Deviation and Sharpe ratio is calculated over a 3-Yr period. Risk-free rate is assumed to be 6.37%)
The table above reveals that the performance of FISCF has not been very luring. Over a 3-Yr and and 5-Yr time frame, the fund has clocked a return of 13.5%and 5.0% respectively, thereby outperforming its benchmark over a 3-Yr time frame, but failed to match the performance of its benchmark over 5-Yr time frame.
Fund Manager Profile
Although the returns generated by Franklin India Smaller Companies Fund are not very stellar, existing investors can continue to hold their investments in the said fund. This is because the portfolio held by the fund is well diversified and robust, where after a bottom-up approach adopted by the fund manager, not much churning is carried out. On the returns front, yes it exposes its investors to higher risk, but the risk-adjusted returns are quite moderate.
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 16 Oct 2012 02:53 AM PDT Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India)
SIP in Gold
Source: Bloomberg. Past Performance may or may not be sustained in future.
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
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