2 Fund manager also make the asset allocation decisions and the securities buy and sell decisions based on the investment objective of the fund.
3 Fund managers are judged by how well their fund performs. At the least, they need to deliver growth exceeding interest and inflation rate and the fund benchmark, to justify the risk of investing.
4 On a daily basis, fund managers are in charge of placing orders and buying or selling individual stocks and bonds from the portfolio, as well as managing cash flows and redemption.
5 Fund managers must also ensure that their funds operate in accordance with the regulations outlined by Sebi, and that their funds' reporting requirements are met.
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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. Religare Tax Plan
4. DSP BlackRock Tax Saver Fund
5. Franklin India TaxShield
6. ICICI Prudential Long Term Equity Fund
7. IDFC Tax Advantage (ELSS) Fund
8. Birla Sun Life Tax Relief 96
9. Reliance Tax Saver (ELSS) Fund
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
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