6 replies on this article “Tax saving mutual fund with highest exposure to banking/ pharma sector”

1. Ashal Jauhari says:

   May 12, 2013 at 3:42 pm

   Dear Swarup, don’t you feel, you are making the simple thing unneccessarily complex? Generating return is the responsability of the fund manager & as per his/her understanding of the things, the corective actions ‘ll be taken. Actually opposite may also happen. You invest in fund Y which is not having the exposure you want as on date but after few months, the fund manager makes favorable call & starts increasing the exposure.

   Thanks

   Ashal

   Reply
2. Ashal Jauhari says:

   May 10, 2013 at 9:14 pm

   Dear Swarup, let’s assume fund X is having the exposuyre you are demanding as of now. Now after few months, the fund manager takes the opposite call & start reducing the exposure. what ‘l you do in this situation as your investment is locked being in Tax saver fund for 3Y?

   Please clarify.

   Thanks

   Ashal

   Reply
   1. swarup says:

      May 12, 2013 at 10:07 am

      Dear Ashal,

      So in that case mutual fund investment of my choice and tax saving cannot be combined.

      Reply
3. Nagarajan Santhan says:

   May 10, 2013 at 4:46 pm

   Dear Swarp

   As per my view, allocation of sector might changed in long run. Hope others will give more information.

   Below few funds listed with exposure of banking /phama sector for your ref.

   HDFC Tax Saver -> Banking/Finance 24.21 Pharmaceuticals 8.37
   Franklin India Tax Shield -> Banking/Finance 20.30 Pharmaceuticals 11.63
   Canara Robeco Equity Tax Saver -> Banking/Finance 27.14 Pharmaceuticals 8.01
   Axis Long Term Equity Fund -> Banking/Finance 29.12 Pharmaceuticals 10.44

   Regards
   Nagarajan Santhan

   Reply
4. Free Financial Calculators says:

   May 10, 2013 at 4:45 pm

   don’t know about highest:
   Sundaram Tax saver has a good 30% plus in ‘financial’
   Healthcare: seems less than or close to 10% exposure is found in many funds.

   Curious to know why you ask?

   Reply
   1. swarup says:

      May 10, 2013 at 4:53 pm

      I feel banking and pharma sectors will perform better in future, so I want to invest in those sectors. At the same time I want to save tax. Thats why

      Reply

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