UTI Midcap is a consistent performer as it has outperformed its benchmark as well the category average
We don't just go by a fund's return profile to arrive at the rating. The risk that the fund takes on to deliver this return also matters. You can refer to the following link for a more detailed description of the rating methodology.
You should also note that the ratings are relative. It is possible that some other funds in this category have generated higher risk-adjusted returns than this fund, which resulted in UTI Midcap Fund being rated four stars. Rating is just one key criterion to pick funds with a proven track record. Other factors should also be considered while investing in a fund such as your time horizon and risk appetite.
UTI Midcap is a consistent performer as it has outperformed its benchmark as well the category average, in six out of ten years of its history. It is among the top ten performers in the past one year and was a part of the analyst's choice recommendation in our Anniversary issue too. It has managed to reward the investors with superior returns and makes a compelling pick in the mid & small category.
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
0 comments:
Post a Comment