Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Leave a missed Call on
94 8300 8300
Franklin India Taxshield Invest Online
The scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.
Fund Managers
Anand Radhakrishnan since Apr 2007
Anil Prabhudas since Feb 2011
Strategy
The fund's strategy can be summed up succinctly by stating that this is a large-cap oriented fund with a bottom-up investment strategy. Thus, there's no particular affinity for either the growth or the value style of investing. It always stays fully-invested-in fact, the cash allocation has not risen above 10 per cent for more than a decade now. Its top five sectors account for around 64 per cent of the portfolio which is marginally lower than the category average of 69 per cent. Energy, Engineering and Financials have been part of the top five dominant sectors of the fund for the past five years. Says fund manager Anand Radhakrishnan, “Though our investment style has an inherent growth bias, we are not limited by external style classifications. A fair comment on our investment style would be to describe it as bottom-up, research based, and dynamic 'blend' of growth and value.”
Performance
Tax Shield's long term returns are attractive, with a trailing three-year return of 11.28 per cent and five year return of 7.96 per cent, which is higher than the category average. The most distinctive feature of the fund's performance history is its ability to do better than its peers when markets crash. It fell only 15.19 per cent as compared to the category average of 23.82 per cent in 2011 but in the next year it slightly lagged behind its peers in terms of performance when it generated returns of 29.38 per cent as compared to the category average of 31.25 per cent and clocked a one per cent higher return than the category average during the last year.
Why invest?
The fund provides safety with reasonable returns-which is exactly what most investors in tax-saving funds need.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them
OR
You can write back to us at
PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Any Fund Application Forms
---------------------------------------------
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Franklin India Bluechip
- ICICI Prudential Top 100 Fund
B. Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Birla Sun Life Front Line Equity Fund
- Franklin India Prima
C. Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Birla Sun Life Dividend Yield Plus
- SBI Emerging Businesses Fund
- HDFC Mid-Cap Opportunities Fund
- ICICI Prudential Discovery Fund
D. Small and MicroCap FundsInvest Online
- DSP BlackRock MicroCap Fund
2.Franklin India Smaller Companies
E. Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual Funds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International funds Invest Online
1. Birla Sun Life International Equity Plan A
2. DSP BlackRock US Flexible Equity
3. FT India Feeder Franklin US Opportunities
4. ICICI Prudential US Bluechip Equity
5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
