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Birla Sun Life 95 Fundis an all weather fund which has a Balanced Asset Allocation. It seeks to achieve long-term growth at moderate levels of risk by striking a balance between the potential growth of equity and relatively safer debt instruments. Smart stock picking with a disciplined profit booking approach during uptrend & adding exposure to equity during downtrends has helped the fund achieve top performance among its peers.

The fund has delivered an impressive CAGR 21.80% p.a since inception against CNX Nifty which has returned 14.77%, resulting in a clear outperformance by over 7%. An investment of Rs. 1 Lakh at inception in the fund would have multiplied over 46 times in over 19 years to Rs. 46.67 Lakhs compared to Rs 7.75 Lakhs in CNX Nifty.

A monthly SIP of Rs. 10,000 in the fund since inception would have made an investor a crorepati, with the folio valued at Rs. 2.84 Crores as on 31^st July 2014 as against a cumulative investment of just Rs. 23.3 Lakhs. With the recent tax changes for Fixed Income schemes, this fund allows investors the additional benefit of allocating assets with a mix of Debt and Equity, while enjoying equity tax treatment on the entire investment including 0% Dividend Distribution tax and Nil LTCG for investments held for over 1 year.

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

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Franklin India Bluechip
4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
4. Birla Sun Life Front Line Equity Fund
5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
5. Birla Sun Life Dividend Yield Plus
6. SBI Emerging Businesses Fund
7. HDFC Mid-Cap Opportunities Fund
8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
2. Franklin India Smaller Companies

E. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund
4. 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

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

 

Actively Managed Funds

A closed ended fund can be best explained when compared to an open-ended scheme. Let's understand the difference between the two. Closed-ended vs open-ended The most important difference is that closed-ended funds work like stocks where the price is driven by supply and demand. Typically , one can consider a mutual fund as "open-ended" because the cash flow door -both into and out of the fund -is always open. In other words, the portfolio manager continues to invest new cash from investors, and the fund company continues to offer new shares of the fund to new investors.

 

Since closed-ended funds come with a pre-defined maturity date, the cash flow door -into and out of the fund -is always (with a few exceptions) closed. The manager only invests a fixed amount of cash that was raised in an initial public offering of the fund's shares. The number of fund shares do not fluctuate based on investor demand. In India, most closed-ended mutual funds schemes are launched with a specific maturity date, which gives a clear time frame to investor as well as the fund manager. After the initial public offering, the fund manager takes charge of the fund and invests according to the fund's mandate. The closed-ended fund is then configured into a stock that is listed on an exchange and traded on the secondary market.

No redemption pressure The primary reason is that managers of closed-ended schemes are not forced to sell a particular security when an investor wants to sell his/her share in the fund. Let's say we have a manager who is running two funds that differ only in structure -one is a closed ended and the other an open-ended. Both funds hold stocks of companies A and B -the fund manager would like to hold both the stocks. In the closed-ended fund, the manager is able to continue to hold both stocks; but in case of the open-ended scheme, the manager must sell shares of both the companies to meet redemption needs and raise cash for investors. Lower expense ratio Investors put their money in closed-ended funds for good returns on their investments through the traditional means of capital gains and long-term income potential. The wide variety of closed ended funds on offer and the fact that they are all actively managed (unlike open-ended funds) make such schemes an investment worth considering. From the cost perspective, the expense ratio for closed-ended funds may be lower than the expense ratio for comparable open-ended schemes.

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

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Franklin India Bluechip
4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
4. Birla Sun Life Front Line Equity Fund
5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
5. Birla Sun Life Dividend Yield Plus
6. SBI Emerging Businesses Fund
7. HDFC Mid-Cap Opportunities Fund
8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
2. Franklin India Smaller Companies

E. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund
4. 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

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

 

Invest in ETFs





Exchange traded funds are the next big thing, a product which should have done well earlier but will definitely do now. Just as the name suggests, an exchange-traded fund, or an ETF, is essentially a fund that is traded on the exchanges. Since it trades like an equity share, it is easy for all investors to buy and sell. They have a nomenclature similar to funds because they too track a basket of assets like the nifty or banking stocks or even gold. As the price of the underlying investment changes, so does the price of ETF on trading screens.

In India, we are well positioned to take advantage of this vehicle for investment. It provides instant diversification and as an equity investor; it is just like buying another share. It is also noteworthy that expense ratios of ETFs are lower than that of most mutual funds. Just like shares, ETFs are also available in demat form by default. And the brokerage commission is the same as you would pay when you buy or sell a share.It must be noted that while a mutual fund has its net asset value (NAV) calculated every day , the ETF does not need it because its price pretty much changes on a real-time basis along with its constituents or underlying assets.

There are several types of ETFs available for investment and not all have equities as an underlying asset but are fairly popular among investors. For example, gold ETFs, which track the price of gold, are a popular investment vehicle and instead of buying gold futures on the commodity exchanges, one can easily use the existing equity trading account with his or her broker to invest in the metal on the NSE or the BSE. We also have a popular ETF that tracks the money market while there are some other ETFs, which track the banking index. Nifty ETFs possibly outsell all other ETFs combined in India.

In developed countries, ETFs are extremely popular, especially with retail investors. Large investors can buy through the exchange or even directly from the fund. Of course, ETFs have evolved over the years since they were introduced in the US more than 20 years ago while they have been available in Europe for the last 15 years. Initially, there were only index funds but the last several years have seen much creativity on this front, including actively managed funds.

You should consider investing in ETFs for a variety of reasons, including the ease of trade and implicit diversification. No new mutual fund KYC forms have to be filled and the minimum investment is just one unit, which is typically a few hundred rupees. It will lie in your demat account just like a share while providing the diversification of a mutual fund. All tax benefits to stocks like long-term gains currently apply to ETFs. Please note that while closed-ended mutual funds are also listed on the exchange, they are usually illiquid and are quoted at a discount to the NAV. They are also not fully transparent like ETFs, which provide automatic real-time portfolio disclosure. Listed closed-ended mutual funds cannot create more units because they have a fixed fund size. Significantly, ETFs also allow for intraday trading because their prices change real time. One similarity is that the dividends received may be reinvested in the scheme or distributed to investors. Just like mutual funds, there is likelihood of tracking error in ETFs too i.e. the price may not reflect the actual NAV for a brief interval. Investors can now choose from a variety of ETFs listed on our stock exchanges. The most liquid ones are the Nifty ETF, gold ETF and the money market ETF. The ETFs which provide international exposure, much needed in today's globalized world, currently have limited liquidity . But the expansion of this market is a matter to time. Do keep an eye on them for diversification of your portfolio.

US listed ETFs, which track Indian equities, are not really popular yet but could take off considering the popularity of similar ETFs that track stocks of Chinese companies. Once global interest increases in India-dedicated ETFs listed overseas, it will translate into more fund flow into India. Meanwhile, Indian investors can look forward to more sectoral ETFs, which are a logical extension of the current set. Some of the obvious themes are exporting companies, manufacturing companies (given the Prime Minister's announcements on I-Day), infrastructure and IT. Similarly, midcap ETFs could be popular too as midcaps are central to India's growth story. The CPSE ETF, which invested in public sector enterprises, was a successful divestment effort and will surely see more such launches.

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

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Franklin India Bluechip
4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
4. Birla Sun Life Front Line Equity Fund
5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
5. Birla Sun Life Dividend Yield Plus
6. SBI Emerging Businesses Fund
7. HDFC Mid-Cap Opportunities Fund
8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
2. Franklin India Smaller Companies

E. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund
4. 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