In my initial spotlight, I reviewed Parag Parikh and how well it has done giving double digit growth (50%) since April 2020 and 31% since YTD . You would think that it would be quite difficult to keep giving double digit growth. However, since my last review, Parag Parikh Long Term Equity Fund has given a growth of 12% How Parag Parikh LTEF has shifted its sectors ?
HDFC Tax Saver Fund is an Equity Linked Savings Scheme . It has kept its benchmark as the Nifty 500. It’s performance has not been upto the mark in the recent years. Expense ratio is on the higher side. It has been ranked a 1 star fund in Valueresearch and Moneycontrol It seems that HDFC AMC has had a closer look at this and has made major changes to this fund and is keen to turn this ship around.
One of the risks that recently have been talk of the town are geographical risks . Despite the world which is so interconnected now and any event has repercussions across the world, there are still inherent geographical risks which are local . US Economy US economy is the largest and most important in the world. US economy represents about 20% of total global output .
Mutual funds can be categorized into two types of funds : Active Funds In active funds , we have an experienced fund manager and a management team to make decisions on the amount collected from investors. For example, Mirae Asset Large Cap Fund - Fund Manager - Gaurav Misra & Harshad Borawake Parag Parikh Long Term Equity Fund - Fund Manager - Rajeev Thakkar & Raj Mehta Passive Funds In passive funds, they follow a market index and do not have a fund manager who actively manages the portfolio.
Debt Mutual Funds When we buy a house loan from bank, Bank provides us money We need to return the money after fixed number of years Bank charges a fixed interest rate for the money that it has lent However, we also lend money to banks. In case of a fixed deposit, we lend money to the bank. In FD’s, you would see a similar resemblance as that of a house loan: