Skip to main content

SBI Blue Chip

SBI Blue Chip Invest Online


 
 

Both the Sensex and the Nifty have plunged around 7 per cent so far this year. From the March peak, they have declined 14.5 per cent. Given this choppiness, investors with a moderate risk appetite can take exposure to large-cap-oriented funds. These funds contain downside risks well.

Investors with a long-term horizon can consider the SBI Blue Chip, a good pick in this category. The fund has outperformed its benchmark BSE 100 as well as its peers, such as Birla Sun Life Top 100, DSPBR Top 100, Franklin India Bluechip and UTI Top 100 over the past one-, three- and five-year periods. Moreover, the fund has outperformed its benchmark with big margins of 7-12 percentage points over one-, three- and five-year periods.

The fund is among the top 10 in the large-cap category for these time periods. The good show has also been consistent with the fund delivering superior returns over the benchmark index 97 per cent of the time on an annual rolling return basis over the last three years. In view of the current market choppiness, investors can avoid taking lumpsum exposures and invest via systematic investment plans.

Portfolio and strategy

After muted performance in 2010 and 2011, the fund beaten the BSE 100 returns in subsequent years. This good show continued in 2015 as well, with the fund managing almost 7 per cent returns so far this year, even as the Sensex and the Nifty are in negative territory.

The fund invests predominately in large-cap companies with market capitalisation of ₹10,000 crore and above at any point in time. Like others in the category, it takes some exposure to mid-cap stocks, limited to a maximum of 20 per cent of its assets. The fund had seen its equity allocations swing between 82 and 97 per cent; during January 2015, its allocation was tilted towards the upper side of the range. However, as market conditions deteriorated, it slashed the allocation to the lower level of the range.

On the other hand, the fund has reduced taking cash calls; it now appears to be moving towards debt. Its current holding in the debt segment is 14.7 per cent, signalling a safe bet. There is marginal exposure to the derivatives segment.

The fund is overweight on the pharma, construction and engineering sectors, compared with its benchmark weightage. Conversely, it is underweight in financials and software.

Cyclicals, such as cement and petroleum do share high sector allocations.

Reliance Industries re-entered the portfolio in March this year The stock has delivered 20 per cent returns from March end. Mahindra & Mahindra and Voltas, which are performing well, are the other stocks that the fund has exposure to in recent times. This indicates that the fund bets on growth stocks.

It exited out of Axis Bank and Federal Bank recently. It has around 47 stocks with low churning of portfolio.

HDFC Bank, Reliance Industries, Infosys, Sun Pharmaceutical Industries and Maruti Suzuki India are the top stock holdings.

-----------------------------------------------
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

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

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

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

 

Popular posts from this blog

Post Office Deposits Interest Rates

Best SIP Funds to Invest Online   SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact  Save Tax Get Rich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com

ELSS Tax Saver

ELSS Stands for Equity Linked Savings Scheme.   ELSS Fund are mutual funds with 3 years of lock in period and offer income tax benefit under section 80C. They are open ended to purchase. Not all Mutual fund Investments are eligible for tax exception. List of Tax Saving Mutual Funds   Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.   Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)   Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications   These Application Forms can be used for buying regular mutual funds also   Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) HDFC TaxSaver ICICI Prudential Tax Plan DSP BlackRock Tax Saver Fund Birla Sun Life Tax Relief '96 Reliance Tax Saver (ELSS) Fund IDF

How Tax Deducted at Source (TDS) works?

    THE tax season is here. And if you are an employee you can't blame your employer for deducting large chunks of money from your salary towards tax deducted at source ( TDS ), which he is legally obliged to do. Your bank will also deduct some percentage from your FD interest of Rs 10,000 or more towards TDS! So what is this TDS all about? How is it computed? Are there any changes this year? Read on... What is TDS? TDS reduces your taxable income and could even provide tax relief! The TDS collections account for 40 percent of the total taxes collected in the country. As the name suggests TDS is the amount of tax that is deducted at source in certain types of income . The TDS thus collected is deposited in the Government treasury within a specified time. How is it computed? Some of the types of income where TDS is applicable include salary, interest, rental fee, interest on securities, insurance commission, dividends from shares and UTI/Mutual Funds, commission and brokerage

Modern day balanced mutual fund approach

Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India)   In reality, most balanced funds have a strong tilt towards equity instead of a mix of equity and debt THERE are various types of mutual funds available to investors with specific features. Often investors have a particular idea about a specific type of funds in terms of their features and risks, but that is not what is actually available. Therefore, it is necessary for an investor to understand the actual position before picking up a fund. This requires some work on the part of the investor. One example can be the situation with balanced funds. Name is not representative: One of the first things that an investor has to understand is that the name of the fund is often not representative of its investment pattern. The name often represents only the aim of the fund, and not what it actually is.

Should you invest in tax-free infra bonds?

THOSE looking to save tax should take note of the latest buzz in the debt markets. Power Finance Corporation ( PFC ) and Housing Urban Development Corporation (Hudco) have launched bonds that will help you save more tax than your regular infrastructure bonds. Soon, IRFC and NHAI are likely to follow suit with similar bonds. KP Jeewan, general manager, debt markets, Karvy Stock Broking, says: "The coupon in these bonds are completely tax-free and those in the highest tax bracket can expect an effective yield of 10.75 per cent, compared to the 9.5 per cent a 10-year public sector bond would offer." The PFC and Hudco offerings are of 10- and 15-year tenures, with coupon rates of 7.5 and 7.75 per cent, respectively. Unlike other regular tax-free infra bonds, the tax benefits in these bonds are not capped at ` 20,000. Even besides these tax free bonds, those in the highest tax bracket have had plenty of opportunities to invest in tax saving infrastructure bonds under 80 CCF i
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now