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Friday, January 15, 2016

Birla Sun Life India Gen Next Fund – Diversified Equity Fund

 Birla Sun Life India Gen Next Fund – Invest Online
 
    • Fund type: Open Ended.
    • Investment plan: Growth.
    • Benchmark: CNX NIFTY.
    • Load details:
      • Entry Load: None.
      • Exit Load: 1.00%
    • Asset breakup:
      • Equity: 95.77%
      • Others: 0.23%
      • Cash / Call: 4.01%
    • Investment portfolio:
      • Banking & Financial Services: 32%
      • Automotive: 14%
      • Consumer Non-durables: 13%
      • Food & Beverages: 9%
      • Manufacturing: 6%
      • Pharmaceuticals: 6%
      • Media & Entertainment: 4%
      • Cash / Call: 4%
      • Consumer Durables: 3%
      • Chemicals: 3%
      • Miscellaneous: 2%
      • Conglomerates: 2%
      • Tobacco: 1%
      • Retail & Real Estate: 1%
      • Information Technology: 1%
    • Total asset size: Rs.245.08 crore (as on June 30th, 2015)
    • Fund performance:
    • The fund has done exceedingly well in terms of average returns especially in the 1 year timeframe, crossing the category average and the benchmark returns by a huge margin, as can be seen in the table below:

      Category6 months1 year2 years3 years5 years
      Fund Returns-1.7%24.0%36.9%25.6%16.55%
      Category Average-5.4%9.3%24.0%13.7%6.7%
      Difference of fund returns and category returns3.7%14.7%12.9%11.9%9.8%
      Best of category8.0%41.0%54.0%42.3%22.3%
      Worst of category-26.6%-20.5%5.1%3.9%-3.2%
      Benchmark Returns #-10.1%0.2%22.6%14.1%8.0%
      Difference of fund returns and benchmark returns8.4%23.8%14.3%11.5%8.5%
    • Fund performance as compared to peers:
    • Type: Diversified Equity6 months1 year3 years5 years
      Reliance Equity Opportunities – Direct-6.2%16.8%n/an/a
      HDFC Equity Fund-8.2%2.6%21.4%10.4%
      Reliance Equity Opportunities Fund – Institutional Plan-6.4%16.2%24.8%n/a
      ICICI Prudential Value Discovery Fund – Direct Plan-3.8%17.4%n/an/a
      ICICI Prudential Value Discovery Fund-4.3%16.3%31.1%18.6%
    • Top 10 holdings:
    • Asset %Value (in Rs. Crore)EquitySector
      4.99%Rs.12.47 croreHDFC BankBanking / Finance
      4.97%Rs.12.42 croreICICI BankBanking / Finance
      4.86%Rs.12.15 croreEicher MotorsAutomotive
      4.47%Rs.11.18 croreMaruti SuzukiAutomotive
      4.04%Rs.10.11 croreBritanniaFood & Beverage
      3.79%Rs.9.47 croreIndusInd BankBanking / Finance
      3.78%Rs.9.44 croreEmamiConsumer Non-durables
      3.62%Rs.9.04 croreAxis BankBanking / Finance/td>
      3.54%Rs.8.86 croreLupinPharmaceuticals
      3.33%Rs.8.33 croreUnited SpiritsFood & Beverage
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

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