SBI BlueChip Fund invests in stocks of bluechip companies, i.e. in stocks of companies with market capitalization equal to or more than the least market capitalized stock of S&P BSE 100 Index. These companies have large business presence, good reputation and are possibly market leaders in their industries. The fund comprises a well-diversified portfolio of predominantly large-cap companies, with steady growth potential opportunity. The investments are limited to stocks with market capitalization equal to or more than the least market capitalized stock of S&P BSE 100 Index.
Key Benefit
SBI BlueChip Fund generally invests inlarge reputed Indian companies.
Who Can Invest
SBI BlueChip Fund constructs its portfolio with bluechip stocks and benefits investors who want relative stability and lower volatility in their equity portfolio.
Date of Inception: February 17, 2006
Benchmark: S&P BSE 100 Index
Fund Manager: Ms. Sohini Andani
Minimum Application: Rs.5000/- and in multiples of Rs.1000/-
Entry Load: NA
Exit Load: For exit within 1 year from the date of allotment - 1%. For exit after 1 year from the date of allotment - Nil
Plans and Options: Plans - Direct & Regular. Options - Growth and Dividend. Dividend option will have the facility of payout, reinvestment and transfer.
SIP: Monthly - Minimum Rs.1000/- and in multiples of Rs.1 thereafter for a minimum of 6 months (or) minimum Rs.500/- and in multiples of Rs.1 thereafter for a minimum of 1 year.
Quarterly - Minimum Rs.1500/- and in multiples of Rs.1 thereafter for minimum of 1 year.
SWP: Rs.500/- per month or per quarter
Fund Philosophy & Positioning
A large-cap Fund (large caps defined as the top 100 companies in terms of market capitalization rank) with a flexibility to invest up to 20% in mid-cap stocks. Relatively higher risk than pure large-cap; focus to generate alpha by investing in high conviction mid-cap stocks, when valuation gap between large-caps and mid-caps is significant. Medium-term (1 year) investment perspective for large-cap exposure and 2-3 years' perspective for mid-cap exposure.
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