Thursday 9 February 2017

Unboxing DSP Blackrock Tax Saver Fund (G)

DSP BlackRock Tax Saver Fund (G)

NAV as on 09.02.2017 is RS 39.429
CRISIL Rank 1
Return in 3 Year 34.60 % (annualized)

So lets do a little research which can be helpful

Sector Allocation
(%)
Analysis
Banking/Finance
23.55
Major investment in Banking/Finance Sector is the strength of this fund due to which it is going high.
Technology and pharmaceuticals are going down due to global reasons. There is no doubt that these two sectors will be coming back to its level, the only concern is whether it will be possible within 3 years or not
Automotive
10.66
Technology
10.02
Pharmaceuticals
7.89
Oil and Gas
7.67
Metals and Mining
7.11
Top Investments
(%)
Analysis
SBI
7.43
Coming to the shares
SBI, HDFC, ICICI Bank all are at high, so it is a 50:50 situation, but seeing the government initiatives and taking into account demonetisations effect its future is looking positive.
HINDALCO is also showing a good growth
Here, major concern is the investment in INFOSYS, LUPIN because now a days these are down, but reasons are completely non financials there fundamentals are strong and hence they will surely comeback to its level.
INFOSYS
4.05
HDFC
4.04
Tata Motors
3.14
LARSEN
3.09
LUPIN
2.99
ICICI BANK
2.99
HINDALCO
2.86
TECH MAHINDRA
2.82
MARUTI SUZUKI
2.66

Overall this mutual fund looks very positive and can give good returns.



If you want any other information or want to discuss any other mutual funds please comment and we will be discussing those funds also.

Please note that this post is just our view, we are just providing the details of the funds, we never recommends anything.



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