Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Buy Gold Mutual Funds
Leave a missed Call on
94 8300 8300
Most financial experts don't recommend investing in gold these days. However, some of them are suggesting mutual fund schemes that invest in gold, along with other asset classes like equity and debt, to their clients. It is strange that despite its modest performance last year, nobody is bullish on the yellow metal. Then why do they advise investing in schemes with exposure to gold?
Conservative investors should look at these funds as they offer moderate exposure to equity and gold and save the investors from the hassles of rebalancing the portfolio from time to time, also believes that it makes sense to invest in these funds now.
"Especially at a time, when equity markets are hitting new peaks, one should avoid timing the market and consider investing in an asset allocation fund that has an exposure across asset classes and help rebalancing from time to time," says Kothari.
However, the performances of these funds in the last three years reveal that their returns are in line with fixed deposit returns. "Equities and gold did not do well in the last three years and that has impacted the performance," explains Das. While Nifty gave 8.63% returns, gold registered a 7% appreciation in the last three years. However, many experts feel that these funds might post better returns in the next few months due to the buoyancy in the stock market.
However, they are quick to point out that conservative investors should not place much emphasis on it. Jignesh Shah, investment advisor of Capital Advisors says, Conservative investors should stick to their asset allocation and should consider these funds offering exposure across asset classes to achieve their financial goals without losing peace of mind .
Experts also emphasize on the importance of investment horizon and asset allocation of the fund.
Monthly income plans such as Religare MIP Plus and Taurus MIP Advantage invest minimum 65% in fixed income instruments and the rest in gold and equity . Kotak Multi Asset Allocation Fund invests minimum 75% in debt and the rest in equity and gold. Axis Triple Advantage Fund invests 30-40% in equity and debt and 20-30% in gold.
The issue with funds that have low equity allocation, especially MIP, is that their expense ratio is on the higher side as compared to income funds and they don't generate commensurate extra returns as compared to income funds consistently. Axis Triple Advantage Fund in this category due to its higher allocation to equity .
He asks investors to get it with a minimum five-year time frame to ensure that one benefits from an entire economic cycle. In the short term, these funds can be erratic.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them
OR
You can write back to us at
PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest Mutual Funds Online
Invest Any Mutual Fund Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Any Fund Application Forms
---------------------------------------------
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Franklin India Bluechip
- ICICI Prudential Top 100 Fund
B. Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Birla Sun Life Front Line Equity Fund
- Franklin India Prima
C. Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Birla Sun Life Dividend Yield Plus
- SBI Emerging Businesses Fund
- HDFC Mid-Cap Opportunities Fund
- ICICI Prudential Discovery Fund
D. Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
2.Franklin India Smaller Companies
E. Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual Funds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International funds Invest Online
1. Birla Sun Life International Equity Plan A
2. DSP BlackRock US Flexible Equity
3. FT India Feeder Franklin US Opportunities
4. ICICI Prudential US Bluechip Equity
5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
Posts
0 comments:
Post a Comment