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ICICI Prudential Discovery
Founded on the value theme of investing, Discovery invests in stocks that are fundamentally sound but available at relatively cheap valuations. It is one of the few schemes to have invested in Bharti Airtel about a couple of years ago when others had shunned the stock on concerns pertaining to telecom licensing. This stock today is the fund’s largest holding and has generated multi-fold returns for the scheme along with its other top picks such as Amara Raja Batteries, Mindtree and Exide. The best- performing scheme in the mid-cap category over a five-year period, Discovery has returned over 30% annualised gains over the past five years against category average of 21% and Nifty gains of 18% during the period.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
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These Application Forms can be used for buying regular mutual funds also
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