Prajna Capital |
| Posted: 24 Jun 2015 04:53 AM PDT IDFC Mutual Fund is backed by one of India's premier financial institutions and is committed to ensuring a smooth transition and continuity of fund performance. Kenneth will be with us for the next 3 months helping with the transition.
Our Investment philosophy is consistent across our range of funds. All our funds are constructed on a common investment philosophy and the specific objectives of each fund. The investment principles are:
1) Buy capital efficient companies in consolidating industries 2) Invest in category leaders and for the long term
IDFC Premier, our flagship Fund, has been managed as a high conviction, long term portfolio of capital efficient companies with limited churn. Punam Sharma, our Head of Research & Fund Manager, has been assisting Kenneth on management of Premier. She has assisted in the management of Premier Equity Fund since its inception in October, 2005 and will maintain continuity of thought process and investment framework. She has been with IDFC MF for the last 14 years. She also manages Equity Opportunity Series 2, Asset Allocation Fund, MIP and Dynamic Equity Fund.
IDFC Premier has a unique design of taking investments through SIPs/STPs and the fund takes lump sum investments only when the fund manager is convinced there are incremental investment opportunities. As a result, 60% of Premier's AuM comprises of long term SIP's allowing us to have a long term view on stock selection. Few statistics of our investor mix are:
1. Retail (AuM < Rs 5 lacs): 45%; HNIs (5 lacs - 1 cr): 33%; Large HNIs (1 cr +): 13% & Others: 9% 2. We have 2.4 lac investors in the fund, of which only 13 investors have more than Rs10 cr+ AuM.
Our investor mix gives us comfort on the stability of assets of the fund and its ability to withstand any short term pressure. The Fund has maintained between 10-20% cash position as a strategy and this along with an inflow of approximately Rs.700 cr annually through SIPs and STPs provides a large cash buffer ensuring that the fund manager is not required to exit long term positions to meet redemption requests.
IDFC Premier has been successful in its ability to effectively track long term themes and trends. The portfolio has oriented itself to reflect the structural changes playing out in the economy. The long term nature of portfolio construction and the stability in the investor profile requires relatively low portfolio maintenance.
IDFC MF has always kept investor's interest as priority in its business approach. We have closed funds for new sales in an overheated market and returned money to investors in our close ended funds & PMS portfolios. IDFC MF has avoided NFOs which mirror existing funds just to garner new sales.
These principles will continue going forward. Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan 2.Reliance Tax Saver (ELSS) Fund 3.HDFC TaxSaver 4.DSP BlackRock Tax Saver Fund 5.Religare Tax Plan 6.Franklin India TaxShield 7.Canara Robeco Equity Tax Saver 8.IDFC Tax Advantage (ELSS) Fund 9.Axis Tax Saver Fund 10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online - For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gmail [dot] Com OR Leave a missed Call on 94 8300 8300 --------------------------------------------- Invest Mutual Funds Online Download Mutual Fund Application Forms from all AMCs | |||||||||||||||||||||||||||||||||||||||||||||||
| Canara Robeco Mutual Fund Dividend Posted: 24 Jun 2015 01:01 AM PDT Canara Robeco Mutual Fund has announced dividend under the following schemes:
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan 2.Reliance Tax Saver (ELSS) Fund 3.HDFC TaxSaver 4.DSP BlackRock Tax Saver Fund 5.Religare Tax Plan 6.Franklin India TaxShield 7.Canara Robeco Equity Tax Saver 8.IDFC Tax Advantage (ELSS) Fund 9.Axis Tax Saver Fund 10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online - For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gmail [dot] Com OR Leave a missed Call on 94 8300 8300 --------------------------------------------- Invest Mutual Funds Online Download Mutual Fund Application Forms from all AMCs | |||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 23 Jun 2015 11:20 PM PDT IDFC Premier Equity - Invest Online IDFC Premier Equity may not be impressive in the short run, but it's long-term record still holds it in good stead The fund's one- year return of 57 per cent is ahead of the S&P 500, though it is short of the category. Its five-year record is still well ahead of the category. It is a four-star rated fund as per our ratings. You might not be impressed with its one-year and three-year performance, but fund returns for short time frames certainly should not be seen in isolation and you need to view them with reference to the risk the fund takes on. We find that the fund has a bias towards quality companies and generally carries much lower risks than its peers. This feature may be important in the mid- and small-cap category, where the downside in the event of a market correction is high. You can see its returns in comparison with the category average returns (as of June 19) in the accompanying table.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan 2.Reliance Tax Saver (ELSS) Fund 3.HDFC TaxSaver 4.DSP BlackRock Tax Saver Fund 5.Religare Tax Plan 6.Franklin India TaxShield 7.Canara Robeco Equity Tax Saver 8.IDFC Tax Advantage (ELSS) Fund 9.Axis Tax Saver Fund 10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online - For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call --------------------------------------------- Leave your comment with mail ID and we will answer them OR You can write to us at PrajnaCapital [at] Gmail [dot] Com OR Leave a missed Call on 94 8300 8300 --------------------------------------------- Invest Mutual Funds Online Download Mutual Fund Application Forms from all AMCs |
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