Invest In Tax Saving Mutual Funds Online
Though there is no clear methodology to arrive at a defined mid- and small-cap universe, it focuses on companies that have a higher return potential based on factors such as price discovery by market being not full, better growth prospects in a new segment, ability to gain market share due to new technology or better product service and room for P/E multiples to expand. Average allocation per stock is not high (3 per cent) which has resulted in a long and diversified portfolio of 67 stocks, higher than the category average of 47. Mid-caps garner a share of 58 per cent allocation while rest in small-caps.
Performance
The fund didn't crumble like a pack of cards in the market crash of 2008, though it lost some of its sheen in 2009 when it gave a marginal underperformance as compared to the category average. But it was back on its feet the very next year and outperformed the category average by over 10 per cent in the market crash of 2011.
When it comes to portfolio details, the fund has consistently held stocks for more than five years. These include mid caps like IPCA Laboratories, Solar Industries, Exide Industries, Crompton Greaves and Jagran Prakashan and small caps like Sundaram Fasteners, Grindwell Norton and Carborundum Universal.
Though its small-cap bets have gone wrong more often than one would like, it makes up for the loss by picking solid mid-caps.
The biggest winners for the fund are IPCA Labs, GlaxoSmithKline Consumer Healthcare, Lupin and Bata India.
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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 )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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