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ELSS Recommendation – IDBI MF Tax Saving ELSS Fund


Are you a regular mutual fund investor and are you looking for some more diversification apart from funds which have common stocks like ICICI,HDFC,Reliance and others…there are few funds which are selective in stock picking and IDBI Tax Saving – ELSS scheme is one such fund which have good portfolio of stocks which have good fundamentals and long term potential.

IDBI Tax Saving fund was recently launched in sept 2013.Though this fund do not have a long term performance history but after looking at selective stock picking ..beyond regular liquid stocks one can think to invest.This fund comprises of selective 25-30 stocks.

Fund Portfolio:

Script Current Market Price –  CMP

MRF

19600

PAGE Industries

6320

Blue Dart Express

3302

Eicher Motors

5426

TVS Motors

87

Gruh Finance Ltd

270

Sundaram Finance Ltd

607

Pidilite Industries Ltd

290

BATA India Ltd

1050

Dr.Reddys Laboratory Ltd

2800

Colgate Palmolive I Ltd

1315

Cummins India Ltd

495

CMC Limited

1500

Wabco India Ltd

1850

VST Industries Ltd

1590
Cholamandalam Investment & Finance

232

BOSCH Ltd

9235

Nestle India Ltd

4700

Asian Paints Limited

475

Glaxosmithkline Consumer Healthcare Ltd

4300
ING Vyasa Bank Ltd

540

CRISIL Ltd

1152
Agro Tech foods Ltd

475

Castrol India Ltd

285
Kotak Mahindra Bank

675

Current market price provided for reference only.Stock List as per % Allocation.

One can view that this fund comprises of stocks which are  fundamentally strong across different sectors and most of the companies are Zero debt companies.

So I am positive for this fund .Though this is tax saving fund with lock in period of 03 years  any investor having longer term approach can think to invest in this fund.


Category: Mutual Funds

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Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
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