Attain Twin Advantages with ICICI Prudential Balanced Fund

ICICI Prudential Balanced Fund is a well-known product of ICICI Prudential Mutual Fund which seeks to generate long-term capital appreciation and regular income option for its investors. It invests in equities and related securities as well as fixed income and money market securities. It is a balanced category scheme which is known for its conservative nature of investing due to mixed asset allocation to debt and equities. The fund is ideal for defensive players in the investment ground which include newbies and even the ones with a less risk appetite.

To get an insight into this scheme of ICICI Pru Mutual Fund, read this write-up to the end. Also, see if this matches to your investment objectives.

An Overview of the Fund House 

ICICI Prudential Asset Management Company is one of the most respected and trusted fund houses in the country. It mainly focuses on covering the distance between savings & investments and generating long-term wealth for its customers through a discreet range of simple, yet robust investment solutions. ICICI Prudential MF proposes an extensive band of retail and corporate investment solutions running through various asset classes - Equity, Fixed Income, and Gold.

Since its humble beginnings, the fund house has continuously worked towards achieving the target of providing its investors with financial solutions to help them achieve their life goals. It has always kept itself on the forefront of innovation and developed numerous products shaped to meet the clients’ needs, thus giving birth to a well-diversified portfolio of about 50 mutual fund products, both equity and debt. The victory of the various endeavors taken by ICICI MF is evident from its investors’ lot which has experienced tremendous growth in the recent past.

Fund’s Insights & Key Benefits of Investing in it 

ICICI Pru Balanced Fund is an open-ended balanced fund which is an ideal product for those who are seeking long-term wealth creation solutions along with regular income option. Thus, the investors get to enjoy the benefits of both ends including growth from equities as well as steady income from debt markets. Being a fund from the balanced funds’ basket, it lowers volatility of returns and risk through diversification.

Asset Allocation 

The fund has traditionally featured a high equity allocation, hovering at well over 70 percent, which is higher than the allocations of its peers. But in the last one year, the allocation has been moderated from 78-79 percent levels to 66-67 percent of the portfolio. Typically, its allocation to equities ranges in between 60 to 80 percent with a minimum of 51 percent, whereas the approximate debt allocation is 40-49% with a minimum of around 21 percent.

The scheme practices some degree of tactical allocation which is based on market valuations. Within the equities segment, over two-third is parked in large-cap stocks, which is again higher than its peers’ allocations. Talking about its investment style, the fund follows a blended approach of growth and value. Fund manager believes in relying more on duration than credit calls to improve the percentage of returns.


Risk Measures 

Fund’s Performance 

While going through the table mentioned above, we can see that the fund has outperformed its benchmark as well as the category in the long-term horizons of five, seven, and ten years. Analyzing the longer history of the fund suggests that after the bad period in 2007, 2008, and 2009 proved to be turning points for this scheme. Currently, the fund manager Mr. Sankaren Naren is following a value-conscious approach with a good mix of cyclical and growth plays. However, considering the debt portion, he believes in taking aggressive duration calls. The successful strategies that the fund has been following throughout have made it collect Rs. 27,801 crore assets under its watch.

We hope after going through the insights about the fund, you must be planning to vest in this scheme of ICICI Prudential Mutual Fund. For more information about this fund, visit us at MySIPonline or connect directly with our experts.

Why is Mahindra Mutual Fund Catching a Lot of Heat in the Market?

We have all heard the famous quote, “Failing to plan is planning to fail”, and when it comes to investing in mutual funds, it becomes much more important to bring this quote in the equation. Since there’s money involved in the investment game, you ought to be quite cautious about the choices that you make, and may have to drain a lot of energy towards making what is called a concrete plan. Hence, investing in the products of Mahindra Mutual Funds will provide you the much needed leeway in your financial planning and help you attain your objectives.

The easiest and smartest way of getting associated with this fund house is through the online investment portal, MySIPonline, where you’d find impeccable investment assistance that will help you chart the best course for achieving your goals and objectives. Apart from serving as an online informative tool, this website also acts as a medium to get your funds installed in the products of this AMC in a painless & hassle-free manner.

The Inside Story
Mahindra MF is an integral arm of Mahindra and Mahindra Financial Services Ltd. (MMFSL), one of the leading NBFC in the rural sectors of India and ranked amongst the top financing companies offering a wide range of financial products to the consumers. This NBFC operates from more than 1000 offices spread across the nation, and handles a fleet of more than 50 lac customers.

Mahindra Mutual Fund started its full-fledged operations in July 2016, with an initial seed capital of Rs. 120 crores. It is formed with an aim to provide the best financial services possible to the clients by offering eminent investment products. It mainly works towards its primary objective of developing the investment habits in rural as well as semi-urban areas, to promote healthy lifestyle and generate alternate sources of income.

The Investment Solutions
Mahindra Mutual Fund aims for uplifting the lives residing in the less developed sectors of the nation. Its target is to serve more than 10 million customers in total by 2022. And for achieving this target, it has come up with some of the best schemes in the market belonging to different categories, so that the discrete needs of the clients get satisfied. Following are the schemes offered by Mahindra Mutual Fund available online at MySIPonline: -

• Mahindra Liquid Fund - Regular (G): Investing in liquid funds is the modern-day approach for multiplying your idle money, and this scheme offered by Mahindra makes the most of your invested funds. So, bid goodbye to the old school methods of flushing your money into the bank accounts and post offices, and choose this more rewarding and contemporary method. 
• Mahindra Kar Bachat Yojana - Regular (G): It’s a tax-saving, ELSS scheme and a boon to all those who are scratching their heads to find out a way to melt their tax liabilities. An investment in this scheme make syou entitled of the deduction available in Section 80C of Income Tax Act, 1961, and can help you save as much as Rs. 46,350 on your taxes.
• Mahindra Dhan Sanchay Yojana - Regular (G): This diversified equity fund is one of the best ways to employ diversification in your investment portfolio. This fund is only over a year old in the market, but has been performing quite efficiently and helping the investors build their wealth. 

With so many thriving products to its name and several more to come in the near future, Mahindra Mutual Fund has definitely scored a special place amongst the investors. So, all of you highly determined people aspiring to enjoy the riches of life, it’s time to abandon worry and place your trust in this AMC. Log on today to MySIPonline and start a fruitful investment venture in the wonderful scheme offered by Mahindra MF. 

The Inside Story of One of the Best Balanced Funds, HDFC Prudence Fund

Out of the many varieties of mutual fund products available in the market, balanced funds hold a special spot. Not only are they capable of pulling down a handsome reward for the investor, but they also provide much better security than pure Equity funds. And out of the many schemes present in this category, HDFC Prudence Fund wins the gold. It holds the record of being one of the most promising balanced funds in the Indian market, yielding solid returns for the investors and safeguarding their wealth against any mishaps in the market.

In this article, some of the major points have been discussed that are the reasons for the enormous success of this scheme in the market. Once you are done reading, you’ll have enough reasons to not to take your eyes off of this scheme and add this to your cart for building what’s called a “Blockbuster Portfolio”. For anything that still needs clearance, you can always visit MySIPonline, where you’ll get both online and offline support for any queries that you may have regarding your investments. But for now, let’s answer the most common questions that often hit the investor’s mind - Why, When and How to invest in a fund?

Why Should You Choose HDFC Prudence Fund (G)?
The most important thing to remember while investing in mutual funds is to justify yourself why you are actually investing in the scheme or schemes that you have chosen. To help you add fuel to your reasons for investing in HDFC Prudence Fund (Growth), we have chalked down some of the biggest advantages of staying close to this scheme:-

• Kill Two Birds with One Stone - Smooth Returns and High Protection : Balanced Funds are a well-structured conglomeration of Equities and Debt, where the major portion is reserved for the former and the remainder is occupied by the latter. This provides the fund the energy of the Equity to churn handsome rewards, plus the shielding feature of the Debts against untimely market manoeuvres. 
• Add the Benevolence of Diversification : As the famous saying goes, “Don’t put all your eggs in one basket”, you should never suffice with one or two kinds of funds in your investment basket. Adding HDFC Prudence Fund (Growth) to your portfolio will add an adequate dose of diversification, thus letting your investments grow stronger and steadier overtime. 
• A Reputable Benefactor : HDFC Prudence Fund is a proud holder of a remarkable returns streak. Since inception, it has fetched returns as high as 18.95% for the investors which is a solid number in the money market. 

When Should You Invest in this Scheme? 
The golden rule for achieving success in mutual fund investments is to start an SIP in the best funds available, ASAP. With even a year of delay, you could be sure of loosing a lot of opportunities that you would have otherwise grabbed if you’d have respected the time involved. Hence, it’s suggested that you get in touch with your financial advisor, figure out how much you can currently spend on your investments, and start pouring your money into HDFC Prudence Fund Regular Plan Growth right away.

How Shall You Proceed to Invest in HDFC Prudence Fund (G)?
Surprisingly, this is the easiest part. All you need to do is log on to MySIPonline, add this fund to your cart and click the ‘Buy’ button. And you’ll be done in no time.

Hence, HDFC Prudence Fund (G) is one of the handful schemes in the market that have been tried and tested by many, and yet it hasn’t failed to surprise with its phenomenal performances. So, what are you waiting for? Visit MySIPonline today, and begin the journey of a prosperous investment.  

Earn High Returns with HDFC Infrastructure Fund

Mutual Fund advisers and financial planners have been recommending infrastructure mutual funds to their clients lately. Based on the research, experts quote that the infrastructure category will be offering satisfactory returns in the coming years. According to them, it can be a safe bet for those investors who are willing to invest in sector-specific schemes. Adding to this, the experts have also advised investors to invest with a minimum horizon of seven years. This is because these sector-specific funds are considered risky as their investment is highly concentrated in a particular sector. If you have too much affinity towards HDFC AMC and want to park your money there only, then MySIPonline’s research desk, after undertaking deep research and analysis process, suggests you HDFC Infrastructure Fund which is a product of HDFC Mutual Fund.

HDFC Infrastructure Fund: An Outline
Being an open-ended infrastructure-centered scheme, it aims to invest majorly in equity and equity related securities of those companies which are either involved in or are expected to benefit from the growth and development of infrastructure. It can invest maximum up to 35% of the fund in non-infrastructure related companies and minimum 65% in infrastructure companies.

Portfolio Composition
The fund has an average market capitalization of Rs.14,685.05cr with an allocation of 33.82%, 7.83%, 19.70%, 37.16%, and 1.49% in giant, large, mid, small and tiny-sized companies, respectively. It is too much exposed to the sectors such as construction and engineering as compared with NIFTY 500 taken as its benchmark. It is broadly comprised of three regions of investments which are:

• Asset Financiers- Banks and Infrastructure Financing Companies
• Asset Creators- Engineering and Construction Companies
• Asset Owners and Developers- Companies that own infrastructure projects

Let’s have a look at the percentage breakup of the sector allocation of the fund as compared with its benchmark.

Sector Allocation in %

Source: Value Research

Performance Talks
The fund is being managed by Mr. Srinivas Rao Ravuri who has over 22 years of experience in financial markets, primarily in equity research and fund management. It was launched on March 10, 2008, and since then it has proffered 6.52% average annual returns. Soon after its launch in 2008, the fund took full advantage of the bearish market of 2009 and bestowed investors with a whooping return of 95.63%.

But, it couldn’t bear the major downfall of 2011 and incurred comparatively more loss to its investors as its benchmark. Again the years 2013, 2015, and 2016 were the years of breakdown for the investors. If we look at the years when the fund performed well, it can be clearly seen that it has prosperously outperformed its benchmark by catering remarkable returns.

Why Invest in Infrastructure Fund?
With the growing Indian economy, infrastructure sector too is now on a structural and sustained uptrend. Also, the government of India has now started focusing more on developing the infrastructure areas which include roads, railways, metros, defense, urban infrastructure, housing projects, manufacturing, etc. Further, the ‘Make in India’ project started by the Prime Minister Narendra Modi has created a favorable environment and greater scope of development for infrastructure. This, in turn, will assist in gathering improved profitability and generating lower finance costs. Hence, MySIPonline will suggest you to invest in HDFC infrastructure Fund, if you can bear moderately high risk and have investment tenure of at least seven years.

Why Should L&T Tax Advantage Fund be on Your List When You Think of Tax Saving?

Most of us have already heard the closing bells of the financial year 2017-18, and there might be even some of us who were planning to make last-minute tax saving investments, but failed badly. Choosing the right product for yourself in such a short span is not an easy errand. This is because there are several investment options with varying features and tenures. And, in our rush to select the best financial product, we often miss out on expenditures that can be claimed to save tax instead. 

However, if the experts in the field tell you the way to reach your tax saving goals without letting you wander here & there in search of a reliable option, then the process will become a smooth sail. Well, yes! You heard us right and here is our recommendation. We, at MySIPonline, suggest you to go with L&T Tax Advantage Fund if you wish to make any new investment to save tax for the next fiscal year. 

Now, the question arises, what are the factors that make us so confident about this scheme? If you wish to find out, then go through this post to the end. 

L&T Tax Advantage Fund: Creating Big Differences 

L&T Tax Advantage Fund is an open-ended equity linked savings scheme which is more than a decade old. It has started its journey way back on February 27, 2006, and since then it has managed to provide consistent returns to its investors. The primary objective of the fund lies in generating high gains and long-term capital growth from a diversified portfolio of equities and equity-related securities. The NAV of the scheme amounts to Rs. 54.065 as on March 28, 2018. The total assets under its watch amount to Rs. 2989 crore as on February 28, 2018. The trailing return percentages of one, three, and five years are 18.04%, 13.75%, and 19.66%, respectively. The L&T tax advantage fund has been successful in beating the returns delivered by its benchmark (S&P BSE 200) as well as the category. 

Talking about its asset allocation, more than 97.83% of its net assets are invested in equities and equity-related securities which posses high risk but are capable of delivering an excellent boost to the returns. The remaining percentage is invested in debt instruments and cash & cash equivalents. 

Coming to its portfolio aggregates, the fund’s significant allocation is done in giant and large-cap companies which is around 57.06% of its total equity investments. Here, the mid-cap companies score 32.06%, whereas the small-cap companies consume approximately 10.34% of the total allocation. 

Fund Manager & Investment Strategy 

The fund is successfully managed by Soumendra Nath Lahiri who has over 20 years of experience in the similar field and has been managing and advising on the portfolio for more than nine years now. His distinct style of investment makes him stand out among its peers, but that also adds an element of key-person risk. The investment strategy is such that the fund manager finds companies through bottom-up stock picking approach. The portfolio depicts his high-conviction stock picking style which majorly includes companies backed by strong promoters and that are efficient capital allocators. 

Key Advantages of Investing in L&T Tax Advantage Fund 

1. Dual Benefits: Being a tax saving option, it acts as an excellent tax saver under Section 80C of the Income Tax Act of India, 1961. Secondly, it is considered as a smarter investment option for the future. 
2. Three-years Lock-in Period: This period being much-shorter than most of the investment options that qualify for tax saving deduction under Section 80C makes L&T Tax Advantage Fund an attractive option for the investors. The lock-in helps the fund manager to maximize potential returns from equities.
3. Small Investments, Big Profits: In this ELSS scheme of L&T Mutual Fund, the investment installments can be planned as a part of the monthly budget by opting the route of SIP. 
4. Greater Diversification for Better Risk Control: The fund manager of L&T Tax Advantage Fund believes in following ‘go anywhere’ approach. Thus, he has shown no bias towards any sector, style, or capitalization. 

What Should an Investor Do?

Although there is nothing wrong with saving tax through involuntary expenses or means, it's always rewarding to have a financial plan in place and choose tax-saving options in sync with your goals. After all, saving for a long-term goal by using the tax breaks is what you should do. Further, you should ideally start tax-saving at the beginning of the financial year. So, this scheme can be an ideal choice for investment for all those who are willing to seek profits by saving taxes in the next financial year. 

In case you wish to seek a personalized recommendation on this, connect with us via email or phone call. We, at MySIPonline, will be happy to serve you with all we have.

SBI Infrastructure Fund: An Option for Your and Country’s Growth

Infrastructure has always been a crucial factor contributing in the development of Indian economy. It is a bridge that connects products to the markets, workers to industries, people in rural areas to urban progress, and people to services. Benefitting the country by lowering the costs, enlarging the markets and facilitating the trade, this sector has played its part efficiently. To take advantage from the infrastructural growth of the country, SBI Mutual Fund has introduced SBI Infrastructure Fund.

SBI Infrastructure Fund (G) –Specifics

It is an open ended equity scheme that offers the investors an opportunity of long-term wealth generation through an active management of investments in equity. It invests in diversified stocks of those companies which are directly or indirectly indulged in the infrastructural growth of Indian economy. It was launched in May, 2007 and since then its AUM has grown to Rs.617.22 cr. SBI Infrastructure fund Growth is managed by the ace fund manager; Richard D’Souza who is a B.Sc majored in Physics from University of Mumbai.

The fund has its assets allocated in both equity and debt instruments with 96% investment in equity and 4% in debt instruments. It has a mix of 26 stocks at present of which top 10 stocks has maximum allocation of 54.16%. Against the benchmark’s portfolio allocation the fund is overweight in the sectors such as, construction and engineering whereas underweight in communication, energy, and services. To compare its sector allocation, it has taken NIFTY Infrastructure TRI as its benchmark.

Sector Allocation of the fund vs. benchmark

Top five companies that the fund has its holdings in are Larsen & Turbo, Bharti Airtel, Elgi Equipments, Kalpataru Power Trans, and Sadbhav Engineering.

How has the Fund Performed?

When we analyzed the year-on-year  or annual returns of the fund, it was seen that in the year 2008 when the market underwent huge crash, it suffered severe downfall and incurred whopping losses to investors. But, it covered its performance in the nick of time in 2009 by proffering a lofty return of 75.3%. After that it couldn’t bear the market volatility and behaved proportionally to it for consecutive years.

Year-on-Year Returns in %

When Mr. D’Souza took over the fund in the year 2014, he managed to break the chain of ups and downs. And since then the fund has outperformed its own benchmark by giving remarkable returns.  This is evident from the above table.

Hence, if you are someone with high risk appetite and want to invest in infrastructure sector then SBI Infrastructure Fund is the one you should opt. If you want to start your investment in this fund then you should connect with MySIPonline without a further delay. We assure  to guide you throughout the investment process and solve your issues and queries regarding mutual fund investments.

Torch Your Tax Liabilities Through Aditya Birla Sun Life Tax Relief 96 Fund

The Indian Taxation system is a complex structure of laws and regulations which often gets altered, which is why it becomes quite difficult to correctly measure the tax liabilities in accordance with the prevailing rules. No matter whether you eat, sleep, breathe or simply exist, you’ll have to pay taxes for all of it. A few years ago, there was tax even on the mortuary services until recently, the government decided to remove that burden. Hence, paying taxes is the worst nightmare for any person on Earth! Thus, investing in a top ELSS scheme, viz. Aditya Birla Sun Life Tax Relief 96 Fund is the need of the hour if you really wish to put a bar on your rising tax liabilities. MySIPonline is the sole place on the internet where you can find all the best mutual schemes of different categories, including the most preferred tax-saving ELSS options. Today, we are going to discuss about one such A-grade tax-saving scheme, Aditya BSL Tax Relief 96 Fund, which apart from topping the charts of the recommended segment, have also procured phenomenal returns for the investors. But before that, let’s have a brief discussion on ELSS Funds so that you will be able to understand every bit of this article, effortlessly. Here comes the knowledge blast!

ELSS Funds - An Outline

Equity Linked Saving Schemes, alias ELSS Funds or “The Tax Hunter”, is a category of mutual funds, preliminary developed to provide a resort to the investors to make a smart investment for the purpose of curbing their soaring tax liabilities, and also earn better returns than what other tax-saving options, such as National Savings Certificate (NSC), Public Provident Fund (PPF), Unit Linked Insurance Plan (ULIP) etc., may fetch them. There are two glorious advantages of these schemes: -

• First, they bear the least lock-in period of three years, which means that you won’t have to bear the distance from your funds for too long, and since a three-year long period is involved in here, you’ll also be able to savour the entire growth cycle of the market.
• Second, these funds fall under the list of qualified investments which are eligible for deduction under Section 80C of the Income Tax Act, 1961. Hence, you can earn a deduction of up to Rs. 1,50,000 from your total taxable income, thus reducing your tax liability up to Rs. 46,350. 

The Mutual Fund Talk - Aditya BSL Tax Relief Fund  

Launched in March, 1996, Aditya Birla Sunlife Tax Relief 96 Fund (Growth) is an old member of the vast mutual fund family of Aditya Birla Sunlife Mutual Funds. With over 2 decades of operation in the market, this fund has crossed many rifts and have climbed many valleys, and have finally reached the summit of the mutual fund industry. With a tough competition given by some other ace funds in the industry, this fund proved itself worthy of being preferred even today where the markets are often caught in turbulences. Let’s expand our discussion beyond the horizon of these clichéd points, and let’s take a look at the following chart which is a condensed version of the most important statistics of this fund: -

Investment in tax-saving mutual funds have become quite easy these days, considering the increasing awareness and raising standards of living. Partnering up with MySIPonline further butters the entire process, as all the best ELSS schemes including Aditya Birla Sun Life Tax Relief Fund can be found under one roof. So, no more blubbing! Only happy tax saving!