Fund Launch Date : 29.5.1998 (more than 16 years in existence)
Fund Objective : The funds collected under the Scheme shall be invested predominantly in the stocks of Multinational Corporations and other liquid stocks.
Fund Size : Rs. 778 Crores as on 28.2.2015
Benchmark Index : CNX MNC
MNC as a Theme is only about the Ownership of Companies and may not be strictly classified as a Sector specific Fund. In fact, it is a well diversified Equity Fund and merits promotion of UTI MNC Fund for the following reasons -
- Well diversified across various sectors like Automobiles, FMCG, Engineering, Construction, Healthcare, Financial Services, Technology, Chemicals, Energy and Metals.
- It has consistently outperformed the Benchmark Index across various time periods.
- CAGR (since inception) is 18.80% as on 31.12.2014. The Fund is carrying a Beta of 0.76 (as on 28.2.2015) and on a risk-adjusted returns basis, the Fund has delivered superior returns.
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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