The scheme's fund manager Neelesh Surana has been consistent with the fund house's philosophy of selecting high growth businesses at reasonable prices. The focus has been on the companies which have generated high return on capital employed (RoCE) and are expected to enhance it further. These two key factors have played a critical role in the scheme's out performance as opposed to its benchmark S&P BSE 200 and its peers.
The scheme invests 70-80% of its portfolio in large-sized companies and the remaining part is invested in mid-sized companies. With the help of these factors, in the past seven, five and three years, the scheme has given 18%, 17.8% and 27.6% returns, respectively, while its benchmark S&P BSE 200 in the same period has returned 9.6%, 11.4%, and 18.1%, respectively. In the same 9.6%, 11.4%, and 18.1%, respectively. In the period, the scheme's category has given 13.3%, 14.6% and 24.5% returns, respectively.
At present, the scheme is invested in large-sized companies which are fundamentally sound but have been beaten down in the recent volatility.These companies are Tata Motors, Lupin, Housing Development Finance Corporation, Larsen & Toubro, Crompton Greaves and State Bank Of India.
Also going by the recent encouraging railway freight traffic data, the scheme's fund manager has bought into Container Corporation of India.
------------------------------
Top 10 Tax Saver Mutual Funds to invest in India for 2018
Best 10 ELSS Mutual Funds in india for 2018
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Religare Tax Plan
4. DSP BlackRock Tax Saver Fund
5. Franklin India TaxShield
6. ICICI Prudential Long Term Equity Fund
7. IDFC Tax Advantage (ELSS) Fund
8. Birla Sun Life Tax Relief 96
9. Reliance Tax Saver (ELSS) Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2018 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
------------------------------
0 comments:
Post a Comment