HDFC TaxSaver - Fund Manager Analysis
Wednesday, September 17, 2008
We recommend investing by means of SIP in HDFC TaxSaver Fund [ELSS]. Here is a small analysis on how these fund managers adjust the folios to beat the benchmarks even when the markets under turmoil and thus crate wealth for discplined investors like us.Assume your SIP is on the 15th of Every Month. The Market hit a bottom of 12,676 [BSE Sensex] on July-15th. NAV of this fund on that date is Rs 122.67. On Sept-15th, Sensex is at 13,531 and NAV of this fund is Rs 137.29.
The benchmark index has risen by 6.7% while the NAV of the fund has appreciated by 11.9% between the above two dates [15/7 and 15/9] So this is how with continuous monitoring and shuffling of portfolio the fund managers beat benchmarks. His job now is to fall slower than the markets and he is a winner :-)
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Published by Webmaster @ 1:50 PM IST.
Discplined SIP a Must - Wealth Creation
Tuesday, September 02, 2008
One of this blog's reader / mutual fund investor asked me on if he should switch-out of HSBC Equity Fund and Reliance Growth Fund which have been downgraded by Dhirendra Kumar @ Value Research.Well Dhirendra certainly is a Sr. Analyst but we differ from his frequent upgrading and downgrading of Funds. We are also seeing that HDFC Top 200 is back to 5 Star Rating so is HDFC Prudence fund. [They were at 4 Star for few weeks] This swift rating change has confused some investors. Please don't be, continue to invest regularly despite difficult times and uncertainty in the market.
In one of the previous posts, I have written about HDFC's process. The internal process in the AMC is designed & in place in such a way that the outcome to investors may not get the best in the industrybut you will certainly be in the Top-5 is my conviction.
Latest Return over Investment Reviews of,
Except for HSBC Equity, which is relatively new [6 years of track record] all the other funds have given higher returns for SIP investors. Questions, Comments and Critics can be sent to feedback @ dalalstreet dot biz.
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Published by Webmaster @ 2:17 PM IST.