Tuesday, September 10, 2013

Baroda Pioneer Mutual Fund - Fund of Funds scheme for global equities

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

BARODA Pioneer Mutual Fund is mulling to come up with a fund-of-funds scheme to provide investors an opportunity for diversification through exposure to global equities and also to fill up the product gap in its portfolio, a top company official has said.

 

"We are evaluating this space. As of now, we don't have any product in the fund of funds category.

This will also help investors to diversify their asset base," Baroda Pioneer Mutual Fund managing director Jaideep Bhattacharya said.

He also said the company could easily rope in one of its sponsors, Pioneer Investments for a fund of funds scheme.

Pioneer Investments is one of the oldest asset management companies in the US. It was acquired by the Italy-headquartered banking group UniCredit and has assets under management of ¤160 billion by the end of June.

Bhattacharya, however, said the company has not filed for any product in this category for approval with the regulator yet.

Fund of funds scheme has witnessed high interest among fund houses in the recent time on the back of depreciating rupee along with economic recovery in western economies, especially the US.

Also, weak domestic equity market on the back of falling growth has prompted fund houses to attract investors to invest in global equities as part of the diversification strategy.

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 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
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  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

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

0 comments: