The BSL Dynamic Bond Fund played the interest rate cycle prudently generating 15.4% returns in the last one year. Over the last 5 years, the fund has outperformed peers like ICICI Prudential Dynamic Bond Fund, Franklin India Income Opportunities Fund, SBI Dynamic Bond Fund generating 9.5% returns on an average
· The superior returns is partly attributable to active & smart duration management. Some quotable instances are
(a) reduction in the duration in July 2013 (~1.5 years) in response to the RBI interest rate tightening measure & to benefit from the spiked up short term rates
(b) stepping up of duration from 2.5 years to 6 years in 2014 to benefit from the benchmark rally & paring the duration when interest rates are trending down
· Along with duration management, the fund also manages volatility consistently & effectively with lesser exposure to higher risk securities & healthy exposure to AAA rated securities.
· The fund has outperformed its benchmark more than 87% times since its inception in September 2004
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
---------------------------------------------
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
---------------------------------------------
Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs