Franklin India Prima Fund

 

Franklin India Prima Fund has an excellent track record. Its 15-year annualized returns are 26%. Although Janakiraman was named the co-manager in February 2008, he has been acting as the lead manager only since February 2011.

Franklin India Prima Fund has done extremely well under his watch. It underperformed the category average in 2015, featuring in the category's third performance quartile, given a poor showing by stocks such as Yes Bank and Finolex Cables. However, the same stocks helped the fund rebound in 2016 and outperform 66% of the competition.

Fundamental research forms the crux of the investment process. The coverage list for small/mid-caps is built by the portfolio managers in conjunction with the analysts. When selecting companies, the investment team places strong emphasis on qualitative aspects such as managerial strengths and corporate governance standards; also, rigorous business analysis is performed to understand the growth prospects of the industry, its competitive landscape, entry barriers, the company's market share, and scalability prospects of the business, among others.

Analysts construct sector-based model portfolios comprising the best ideas from stocks in their investment universe, which in turn is compiled by the research head to construct a diversified small/midcap portfolio.

Fund Manager uses this model portfolio as his initial reference point, and he selects companies that can generate consistent and sustainable earnings growth over a business cycle and have low leverage and reasonably high ROEs. He is aware that it is difficult to forecast earnings in small/mid-caps over a long-term horizon given the unpredictable nature of their cash flows; hence, he uses historical five-year data as a yardstick to project five years ahead. He is not very rigid on valuations so long as the company fulfills his investment criteria.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

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Call us on 94 8300 8300

Bajaj Allianz Life Future Wealth Gain

 

Bajaj Allianz Life Insurance has launched Bajaj Allianz Life Future Wealth Gain, a unit-linked endowment plan. It offers customers a choice of two variants, Wealth Plus and Wealth Plus Care.

The plans aim to maximise your wealth by investing in capital markets to help you achieve your future financial goals, besides providing protection to your loved ones and yourself.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Canara HSBC Jeevan Nivesh

 

Canara HSBC Oriental Bank of Commerce Life Insurance has launched Jeevan Nivesh. It is an endowment plan with whole life cover option. It also has the flexibility of converting guaranteed sum assured on maturity as annual payouts payable with 5% compounded increase every year.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Insurable Interest

 

What is Insurable interest

A risk may be insurable but you also need to have an insurable interest in it. It simply means that you need to have an interest in insuring an event: if the insured event occurs, you stand to lose.

Take the case of home insurance. You buy a home insurance policy to cover your house against natural disasters like earthquakes and floods. You have an insurable interest in insuring the house because you will stand to lose if an earthquake damages it. Consider a case where a tenant buys home insurance.

The tenant can insure the contents of the house-because the contents belong to her and she has insurable interest-but not the building. The building belongs to the house owner. So if she insures the building, the insurer will not pay her the claim.

In order to buy insurance, you need to make sure that the risk is insurable and that you have an insurable interest in it.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Aviva i-Life Total

 

Aviva Life Insurance has launched Aviva i-Life Total, an online term plan with four options to choose from. Each option can be enhanced by adding a critical illness and disability rider that covers 16 critical illnesses and permanent disability.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300