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 . US economy features a highly developed and technologically advanced services sector .
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:
Parag Parikh Long Term Equity Fund is unique in many ways and is quite interesting as well. PPFAS was established in 2012. PPFAS has only three funds , unlike , many AMC’s. Shri Parag Parikh who pioneered Value Investing is the founder of PPFAS. There are multiple reasons why I find PPFAS quite intriguing and you get a feeling of comfort when investing in their funds.
Let us start with the concepts:
