ICICI Prudential Top 100 has a slightly different large-cap strategy which is more aggressive when compared to other funds from the AMC's stable. It is a regular diversified large-cap fund but what I would call a contra strategy on the large-cap side. So while the portfolio would be holding regular sectors, the fund manager is actually at this point overweight in sectors like materials, industrials and energy, and that is where he is trying to derive value from.
His strategy is to look at sectors where the valuations are slightly depressed but the growth potential is still there. For instance, Power Grid which is one of the stocks that has done well. Larsen & Toubro is one of the top performers in this portfolio over the last five years.
So while a lot of fund managers tend to hold banks, pharmaceuticals and technology stocks which have done well, he has taken a contra call on some of these sectors and they have played out well for him.
Top 10 Tax Saver 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
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
------------------------------