Prajna Capital |
| Posted: 24 Aug 2016 03:26 AM PDT Invest HDFC Taxsaver Fund Online The scheme seeks capital appreciation with at least 80 per cent exposure to equities, FCDs, preference shares and bonds of companies. Once a hot favourite in the tax planning category, HDFC Tax Saver has delivered a patchy show in the last four years, starting from 2012. While it has managed to stay ahead of benchmarks, sluggish returns vis-Ã -vis its peers have seen its ratings slip from 4 stars in early 2013 to 1 star now. While the fund's 7 and 10 year return are quite healthy, both 5 and 3 year returns are below the category averages by 3-4 percentage points. The asset size has dipped from over R5,200 crore in February 2015 to R4,424 crore by January 2016. Like other HDFC funds, this fund follows a blend of value and growth investing. But its tilt towards low PE stocks in an expensive market has become more pronounced in the last couple of years. A heavily mid-cap tilted fund until 2012, it has taken to an overweight position in large-cap stocks in the last couple of years. This tilt is likely to have reduced portfolio risks, but may have reduced the fund's overall returns too, in a period where mid-cap stocks sharply outperformed large-caps.
Though the fund did participate in the bull run of 2014, its sharply lower returns in the last one year have dragged the overall performance. Like other HDFC funds, the slowdown appears to be attributable to the fund's heavy bets on pro-cyclical sectors of the economy, which haven't paid off amid a delayed recovery. As of February 2016, the fund had overweight positions in financials, engineering, construction and was under-weight in FMCG, healthcare and automobiles. While this contrary take on the economy has cost the fund in terms of returns, it has contributed to reasonable portfolio PE of 15, a sizeable discount to the market.
The fund's big bet on the economy can pay off strongly if the much delayed economic recovery gathers steam. But its recent returns have been the casualty of the fund sticking to its guns on this bet. ------------------------------ Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 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 ------------------------------ | ||||||||||||||||||||
| MIRAE ASSET INDIA OPPORTUNITIES Posted: 24 Aug 2016 02:10 AM PDT Invest MIRAE ASSET INDIA OPPORTUNITIES FUND Online This MIRAE ASSET INDIA OPPORTUNITIES fund has built an enviable track record of outperformance in the hands of a highly skilled and experienced fund manager. It has ranked consistently in the top quartile of per formers in its category for each of the past seven years. The extent of outperformance has also been very impressive. However, this return has not come at a higher risk. The fund manages to score better than its peers in both rising and falling market scenarios. The fund manager does not take any bold sector calls, he relies purely on bottom-up stock selection. Although the fund's top picks are index heavyweights, it is by no means an index hugger. Its superior risk return profile makes this large-cap oriented fund a solid pick.  ------------------------------ Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 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 ------------------------------ | ||||||||||||||||||||
| Birla SunLife Resurgent India Fund Series Posted: 24 Aug 2016 12:16 AM PDT Birla SunLife Resurgent India Fund Series Online Indian economy after years of sluggish growth has found its leadership position in the prominent economies as it is set to generate the fastest growth rate amongst some of the world's most prominent economies. In an almost Goldilocks like situation, the Indian economy has found a sweet spot in a target bound low inflation, an accommodative interest rate regime (and reformist governance environment) and stable GDP growth.
Typically, falling interest rates result in lower input cost for companies eventually leading to improved profitability which is then a basis for rerating of equities and strong returns in periods to follow. Similar pattern seems to be emerging from the fresh rate cut cycle. Over the past 15 years the Indian markets have seen 3 such instances, with the 4th one seemingly in progress.
Following are the instances where when the rates easing cycle & reforms cycle came together at the same time and markets delivered superlative returns in the range of 15%-30% for a 3 year period.
Presenting Birla Sun Life Resurgent India Fund – Series 1, a 3.5 years closed ended equity scheme. The fund seeks to invest in a focused portfolio of around 35-45 stocks, spread across 5-8 sectors. While largely the portfolio would invest across all the market cap spectrum, it would be relatively more aggressively positioned with 40-60% allocation to Mid & Small caps. The fund is largely bottom up stock picking driven fund that seeks to invest in companies who have demonstrated an ability to achieve market-beating results along with changing business cycles. The focus sectors of the fund are those that are most likely to be benefitted by the resurgence of growth in the economy. Some of the key sectors that are at the confluence of positive operating metrics and a conducive business environment through the Growth drivers and could generate benefit from this economic resurgence to generate strong returns for investors are: · Consumer Durables & Consumer Discretionary · Banking & Financial Services · Infrastructure, Capital Goods & Cement · Auto & Auto Ancillaries ------------------------------ Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Religare Tax Plan 4. DSP BlackRock Tax Saver Fund 5. Franklin India TaxShield 6. ICICI Prudential Long Term Equity Fund 7. IDFC Tax Advantage (ELSS) Fund 8. Birla Sun Life Tax Relief 96 9. Reliance Tax Saver (ELSS) Fund 10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 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 ------------------------------ | ||||||||||||||||||||
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