Saving is a good Habit

SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

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HDFC Housing Opportunities Fund

HDFC Housing Opportunities Fund – Series 1 , which is the first of its kind in the industry.

  • HDFC Housing Opportunities Fund is a 1140 days close-ended thematic equity offering investing a minimum of 80% into equities of housing and allied businesses.
  • Housing theme would predominantly include industries including Cement, Engineering-Designing-Construction, Banks, Housing Finance, Steel, Paints, Construction, Home appliances, Plywood, Sanitaryware, Tiles, etc. Hence, a diversified basket to choose stocks from.
  • Benchmark: A custom-made benchmark by IISL (NSE) called India Housing and Allied Businesses Index, a 50 stock index that currently includes 14 basic industries.
  • Why housing theme:
    1. Acute shortage for housing in India
    2. Favourable demographics, urbanization and shift toward nuclear households.
    3. Government focus on affordable housing.
    4. Improved affordability on account of stable house prices, increase in income levels and a drop in interest rates.
    5. Multiple macro-economic linkages to foster growth in allied industries, thereby boosting economic growth.
    6. HDFC Housing Opportunities Fund to focus on businesses that would benefit from the expected growth in housing.

    NFO Period: 16th to 30th November 2017

SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

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Axis Multicap Fund

Axis Mutual Fund to launch its multicap fund

The NFO of the scheme will open for subscription on October 30 and close on November 13.

Axis Mutual Fund has announced the launch of Axis Multicap Fund, an open-ended equity scheme that would invest in a diversified portfolio of stocks across the market-cap spectrum.

In a press release, the fund house says that the fund will focus on looking for high conviction ideas that have the potential of generating sustainable growth in the medium to long term.

The fund house further states, “Within the overall investment process, Axis Multicap Fund distinguishes itself by aiming to identify companies that are at their inflection points – in the midst of circumstances that have the potential to substantially improve the growth trajectory of the company. This can happen for various reasons like market share gain due to competitive advantage, industry consolidation, sunrise industry, improved management focus & capital allocation and regulatory & policy changes.”

Speaking about the fund, Chandresh Kumar Nigam, MD & CEO, Axis MF said, “The fund would offer a diversified portfolio that can cater to all equity investors – whether first time or sophisticated. Over long term, it has been seen that multicap funds tend to outperform large caps over a market cycle while having a comparable risk profile. From an investor’s perspective, being consistently good rather than occasionally great has the potential to create long term wealth. We believe that this fund is suitable for all class of investors to help them participate in wealth creation and compounding potential of equity over the long term.”

SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

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Credit Funds

Credit Opportunity Funds



Though this debt fund category has fared better than gilt funds in the past one year, its higher returns come with a higher risk factor as well.

With the central bank signalling a neutral interest rate stance in its latest monetary policy review, the rally in gilt funds has petered out. They have been knocked off their perch by credit opportunities funds, which have emerged the top performers in the debt funds space over the past one year. The category generated an average return of 9.6%.

Gilt funds and credit opportunities funds play on different aspects of the bond market. The former invest in longer maturity government securities that witness high capital appreciation in a softening interest rate environment.The latter focus on interest accrual–the income from coupon payments on underlying bonds–and typically invest in corporate bonds with a higher yield but lower rating (AA or below). Credit funds can also make some returns from capital gains, by looking for mismatches in the current rating of a bond vis-a-vis its fundamentals. If the credit rating of the underlying bond gets upgraded, due to the improving fundamentals of the underlying company, it results in appreciation in the bond’s market price, boosting the fund’s return. However, this tends to account for a smaller portion of the total return from these funds.

The cost of higher returns

With the interest rate easing all but over, the performance driver for debt funds has shifted from bond price appreciation to income accrual. Besides, what has worked in favour of credit funds is the lower volatility in returns, compared to gilt funds.

Several funds in the category have clocked more than 10% return over the past one year. However, they have taken greater risk to generate these returns, as is indicated by their exposure to lower-rated instruments (see table). BOI AXA Corporate Credit Spectrum and Franklin India Dynamic Accrual have invested 45% and 51% of their portfolio, respectively, in bonds rated `A and below’. The category’s average exposure to this segment is around 31%. But while BOI AXA has also taken a healthy exposure of 22% in high safety AAA-rated bonds, Franklin India Dynamic has negligible investment in this segment. AAA rating indicates highest level of safety (little risk of default), while A and lower rating signifies a much higher default risk. Baroda Pioneer Credit Opportunities has loaded up on relatively safer AA rated instruments, comprising 56% of its portfolio, compared to the category average of 50%. Meanwhile, Aditya Birla Sun Life Corporate Bond holds around 40% of its portfolio in AAA-rated instruments–peers’ holdings in the segment is just about 20%.

Why credit quality is a concern

The composition of the underlying portfolio of credit funds assumes great significance in the light of numerous instances of corporate loan defaults and credit rating downgrades. When underlying bonds witness rating downgrade, their price falls sharply, eroding the overall return from the debt fund. Companies may face ratings downgrade owing to deteriorating fundamentals–usually high debt levels and limited traction in cash flows.

Recently, companies such as IDBI Bank and Reliance Communications have seen ratings downgrades. With the credit profile of debt-riddled firms remaining weak, credit funds, in their bid to deliver high returns, are playing a high-risk game. Many credit funds are now carrying higher credit risk than they started with or intended to carry a few years ago.

The corporate credit upgradedowngrade ratio remains unfavourable. The terms and conditions governing these bonds have become more complex. And the liquidity position in these funds remains untested in the event of redemption pressure. Although credit opportunities funds are mostly immune to unfavourable yield movement, the risk of default in underlying compa nies continues to be high. “Unlike in other categories, like dynamic bond funds, the risk is far less visible in credit opportunities funds.In the event of a default, the hit may be significant. Investors should not get swayed by the higher returns being offered by this segment. Lack of opportunity in traditional debt funds that play on interest rate movements does not warrant a complete switch to the credit funds. If you wish to play the credit risk, avoid going for the overly aggressive funds that chase higher yields with con centrated exposure in very low rated instruments. If already invested in credit funds, rebalance in favour of cleaner credit at this juncture

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

Top 10 Tax Saver Mutual Funds for 2017 – 2018

Best 10 ELSS Mutual Funds to Invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund

3. Birla Sun Life Tax Relief 96

4. Sundaram Diversified Equity Fund

5. ICICI Prudential Long Term Equity Fund

6. Invesco India Tax Plan

7. Franklin India TaxShield

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund

Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms

For further information contact SaveTaxGetRich on 94 8300 8300

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Inflation & Wealth

Top Performing SIP Funds Online

Investments are made to fulfil financial goals, however, returns from traditional methods of investments cannot beat inflation hence leave your goals unfulfilled.

The value of rs.jpg1,00,000 in 1990, is worth rs.jpg13, 815 today considering average inflation rate of 7.21%. Are traditional methods of investing keeping up with this rising inflation?

In this current scenario, Debt funds provide you the cushion of optimal returns with less volatility, helping you beat the rising inflation.

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DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund Online

This Open Ended Equity Linked Savings Scheme is suitable for investors who are seeking*

  • Long-term capital growth with a three-year lock-in.
  • Investment in equity and equity-related securities to form a diversified portfolio

*Investors should consult their financial/tax advisors if in doubt about whether the product is suitable for them

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

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ICICI Prudential Focused BlueChip Equity Fund

There is a considerable degree of uncertainty concerning the way Goods and Services Tax (GST) would impact earnings of corporate India. This has put most experts and analysts in wait and watch mode.Given this situation, for long-term retail investors, it makes sense to be with schemes that have a focus on large-sized companies, which are relatively better equipped to deal with uncertainties of GST.

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 Prudential Focused Blue Chip. Fund manager Manish Gunwani has been with the scheme for more than five years. It invests close to 90% of its portfolio in large companies and the remaining in mid-sized companies.

There are a few parameters ICICI Prudential Focused BlueChip Equity scheme’s fund manager takes into account before selecting a stock. These are: dividend record, cashflow from operations, robust corporate governance and dominant market share. These parameters facilitate the selection of superior performers among large companies. This strategy has paid off for the scheme as it has beaten its benchmark by a wide margin. In the past three-year and five-year periods, the scheme has delivered 12% and 17% returns, respectively while the Nifty 50 has delieverd 7% and 14% returns, respectively in the same period.

In the past six months, Gunwani has bought and also enhanced exposure in companies which are a mix of high growth and value stocks. These companies represen the aforementioned selection parameters and are likely to do well in the coming quarters. A few prominent companies it has invested in include InterGlobe Aviation, ICICI Bank, Muthoot Finance, Asian Paint and Ashok Leyland

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Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

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Birla Sun Life Top 100 Fund

Increasing uncertainty over the earnings growth due to host of macro-economic factors accentuate the importance of staying invested with large-sized companies. They are better equipped to deal with high volatility in demand given the strength of their balance sheet, dominant market share and better cash flows from operations in comparison with mid and small-sized companies. For investors, it makes sense to stick with mutual funds focusing on large-cap companies.

Among large-cap schemes, Birla Sun Life Top 100 should serve as a good investment option. Managed by Mahesh Patil, the scheme follows buy-and-hold strategy and dedicates a large part of its portfolio to large-sized companies. In the past three years, Birla Sun Life Top 100, has not only beaten its In the past three-year and five-year periods, the scheme has delivered 14% and 20% returns while its benchmark has given 9% and 14% returns respectively.

In the past six months, the scheme’s fund manager has followed `buy on dips’ strategy and bought well-established companies such as Dalmia Bharat, Voltas, Hindustan Zinc, ITC and Dabur -companies whose earnings growth is less likely to be volatile as compared to their midand-small-sized peers.

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Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

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You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

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Call us on 94 8300 8300