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ICICI Pru Focused Blue Chip Fund

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For long-term retail investors, it makes sense to be with ICICI Prudential Focused Blue Chip Fund with focus on large-sized companies that have shown relatively better resilience in their financial performance in the December 2017 quarter. One such scheme that has performed well in the past three-year and five-year periods with respect to its benchmark (Nifty 50) is ICICI Pru Focused Bluechip. The scheme invests close to 90% of its portfolio in large companies, while the remaining is invested in mid-sized companies. In the past three-year and five-year periods (annualised returns), the scheme has given 11% and 17% returns, while its benchmark, the Nifty 50, has given 7% and 12% returns during the same period. In the past six months, the ICICI Prudential Focused Blue Chip scheme's fund managers — S Naren and Rajat Chandak — have bought companies which represent a contrarian theme. The companies have a high earnings growth visibility in the next two to three years given their dominant market share, robust business model, good dividend-paying record and high cash flows from operations. These companies are Eicher Motors, HDFC, ONGC and Asian Paints.





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Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund 

2. Mirae Asset Tax Saver Fund

3. DSP BlackRock Tax Saver Fund

4. Sundaram Diversified Equity Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. Axis Tax Saver Fund

10. BNP Paribas Long Term Equity Fund


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