Friday, October 7, 2016

Principal Smart Equity Fund

Invest Principal Smart Equity Fund Online






THE SMART CHOICE:
  • Allocates your investments between equity and debt based on the price earning ratio of Nifty 50 Index.
  • Long term investments with lesser volatility in returns.
  • Investment based on disciplined formula based portfolio strategy.
  • Tax Efficient Returns*
    • Long Term Capital Gains Exempt from Tax
    • Dividends completely tax free
*Note - The listed Features are applicable to ?Equity Oriented Funds? under the current Tax regime.


Fund Manager's view

The equity exposure in the Principal Smart Equity Fund depends on the valuation of the markets, the more expensive the market, the lower is the equity exposure. Hence the fund buys stocks when the markets are cheap and cuts exposure when they are expensive. Currently the equity exposure is around 20% (Data as of Sept. 29, 2016). Hence, if there is a sharp correction in the markets, the fund would add to equity exposure at the lower levels which would help the fund as we remain bullish on equity over the medium term.

- Rajat Jain





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9. Reliance Tax Saver (ELSS) Fund

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