Pinebridge India US Equity Standard Fund

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

 

 

Indian mutual funds' love affair with US stocks continues as Pinebridge AMC also launches a US-focussed fund, the Pinebridge India US Equity Standard Fund. While we at Value Research are generally strongly opposed to investing fads, international investing--especially in the USA--is something that we strongly approve of.

 

Diversification means not just by sector and company but also global diversification. Unfortunately, a vast majority of Indian fund investors are under-invested.

 

While earlier, the menu of International funds being offered by Indian AMCs was small and dominated by flavour-of-the-day thematic funds, now there are a decent number of general diversified funds with a decent track record. One interesting advantage of some international funds--the current Pinebridge one included--is that they already have a track record even at the time of the NFO. How is this possible? Because they aren't really new funds. The fund being launched in India is just a feeder fund for an American fund from the parent AMC, the US Large-cap Research Enhanced Fund. This underlying fund has been in operation for about eight years and has beaten the S&P500 consistently during this time.

 

One caveat must be mentioned about international investing in general. In recent times, international funds--specially US focussed ones--have consistently done much better than the Indian markets. While this has been great news for those who have invested in these funds, it can result in an enhancement of investors' biggest problem--relying too much on recent performance for making decisions. The great performance has been the result of the US markets' bounce back from a long stagnation as well as a simultaneous sharp correction in the INR-USD exchange rate that was pent-up for a while. As the standard warning goes, past performance may not be sustained.

 

Nevertheless, as we have said earlier, a steady SIP in some US-centric funds should be part of the staple of any Indian investor.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax Plan Invest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFunds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund