Wednesday, June 12, 2013

UTI MIS

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

We like this fund for its consistent conservative position, which has aided performance in volatile as well as the bear phase of the markets.

 

Strategy


This fund focuses on capital preservation and paying out income under the income option. The fund follows an unadventurous style, with a maximum 25 per cent equity allocation, tilted towards large-caps. The fund managers endeavour to generate consistent returns with lower volatility by following bottom-up approach and invest in sectors which look promising over the medium- to long-term and then in stocks that are available at reasonable valuations. The debt portfolio emphasises on investing in instruments that generate consistently superior yields at low risk levels with investments in G-Secs having never exceeded 25 per cent of the debt portfolio.

 

The equity allocation has never crossed 21 per cent since inception and is usually maintained at less than 15 per cent. At present, the fund is invested in petro sector, power generation, storage of energy, manufacturing of equipment related to energy development or in the companies involved in consulting and financing these businesses.

 

Performance


It did not perform well in its initial 5 years but its performance turned around in 2008. The fund has an impressive track record and has consistently outperformed the category. However, it has never posted outstanding returns. Unlike 2011, when this fund had performed marginally better than the category average, in 2012, it slipped below the category average. But in the long run, this fund is consistent with above-average performance and downside protection in years when the markets fare poorly. The fund managers make active cash calls, which results in phases when the cash allocation goes up to 15 per cent to benefit from the available opportunities in both equity and debt markets.

 

The large-cap exposure to equity has helped this fund do well when the markets rise and check the fall when the markets fall.

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

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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 )

  1. ICICI Prudential Tax Plan Invest Online
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  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

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      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
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