Sundaram Diversified Equity: A Long Term Tax Saver Fund

Sundaram Mutual Fund is one of the most trusted asset management companies in India which was launched in the year 1996. It is a part of the one of the oldest and well-known financial groups, i.e., Sundaram Finance Limited Group. Spreading the expertise in the industry of mutual fund and making the dreams of the investors come true, this AMC has been consistently stepping toward new heights of success. Moreover, it offers various types of mutual fund schemes which have the potential to fulfil the different financial needs of the investors. Among the many, one of a kind is the long-term tax saving scheme. The tax saving scheme of Sundaram Mutual Fund helps the investors to avail the tax benefits u/s 80C of the Income Tax Act. Here’s all you need to know about the scheme in detail so that you can plan your tax saving route for the upcoming financial year ending:

An Overview: It was launched in the year 1999, and has faced many ups and downs of the market swings. It has recorded the mark at 18.30% as returns since launch. While providing the tax benefits to the investors, it also offers them attractive returns from the investments in equities. Its performance is measured against the benchmark, S&P BSE 200. The fund has a good record of trailing returns in the cycle of three, five, and seven years which are tracked at 14.15%, 17.44%, and 10.40% respectively as on November 09, 2017. The NAV of sundaram diversified equity A long term tax saver fund scheme has amounted to Rs. 102.45 as on November 09, 2017. The total assets under management are amounting to Rs. 2,088 crore as on September 30, 2017. Altogether, it shows that this scheme has provided excellent growth to the investors.

Portfolio Allocation: Being a diversified equity scheme, this fund invests in the mix of small, mid, and large-cap stocks in the proportion of 6.80%, 38.23%, and 54.98% respectively. Therefore, it also diversifies the risk involved in investing in a particular stock. The below table shows the top ten holdings of this scheme which hold almost 30% of the total capital:

From the top ten holdings of this scheme, you can have an idea of the overall portfolio asset allocation strategy of the fund manager. It aggressively invests in the stocks of the companies in the financial sector which amounts to nearly 30.35%.

In the bottom line, there is no doubt in saying that you can choose this scheme to invest in. The year-end is approaching, and you must get ready to avail maximum benefits in your tax. To know more about how you can earn profits by investing in mutual funds, get associated with us right away at MySIPonline.

Tata Mutual Fund: This Is What You Should Know Before Choosing its Schemes

The growing awareness of mutual fund investments is helping the novice investors to reap exceptional benefits from their investments. But, still, there are many who are left out from the amazing exposure of MF. They don’t even have the idea about the excellently rewarding world of mutual funds.

There are more than forty asset management companies and many other regulatory bodies which are indulged in the working of the mutual fund investments. All are spreading awareness in one or the other way to promote financial literacy amongst the investors. Tata Mutual Fund is one of the best and trusted AMCs in India that is putting in effort towards educating the people to help them invest in and earn big returns.

It is helping the investors to get an adequate information about their capital investment and have transparency between the fund house and the investor. In this way, this company keeps the investors’ interest at priority. This fund house offers a wide range of investment solutions to the investors and provides them adequate details about the schemes in which they can invest in. If you have decided to invest in the Tata Mutual Funds, then you must check the following points:

1. Know the Investment Style: You should know the investment nature of the fund in which you are deploying your hard-earned money. For instance, if you are an aggressive investor and unknowingly you chose a conservative scheme, then you will not enjoy more profits as the conservative fund will not allow you to stretch your investments at the fullest to earn high profits. 
2. Know Your Risk: Although the Tata Mutual Fund has gained a big brand name and won the trust of millions of investors by providing them good returns on their investments, it is not necessary that all the funds of this AMC are safe. Actually, various schemes of this fund house have different risk profiles depending on their investment style and objectives. You must analyze how much risk you can take and accordingly invest in the most suitable fund. 
3. Know the Expenses: A certain amount of expense which is known as the exit-load is charged to the investors by the AMC as a fee for the management of the scheme. The time you invest in any mutual fund, you also hire the services of fund manager, who is liable to manage the movements of the scheme for the best possible results. So, the AMCs charges a small amount from the investors as a fee to fund manager. You can choose to invest in the scheme which charges less exit load. 

Other than the above-mentioned points, there are many other things that you must know before investing in any mutual fund scheme in order to get a hassle-free investment experience. If you want to know about the most suitable fund for you by comparing the various details of the different funds, then visit us right away as we, at MySIPonline, offer amazing investment services to our clients.