Thursday, May 26, 2016

L&T India Prudence Fund – Mutual Fund Investments for NRI

L&T India Prudence Growth is an open ended scheme launched in January 2011. This belongs to a Balanced category as the fund has exposure of 66% to Equity and remaining in debt and Cash / Call instruments. The fund is ranked 1 in large cap category by Crisil. L&T Mutual Fund is one of the fund houses that are accepting investments for US / Canada based NRI. You can get detailed research on the below mentioned funds by writing to us at or fill the form at Contact US.

L&T India Prudence Growth Fund – daily chart

Portfolio Analysis: As per the sectoral holdings Banking/Finance have been most favored sector for this fund as it is contributing nearly 14.31% to the entire portfolio followed by Technology and Pharma Sector.
Top Holdings and Sector Allocation for this fund are shown below:

Risk Profile: This fund has around 65% exposure to Equity and rest to debt. So this is a well placed fund who wants to take medium risk and given the current market condition it is very well positioned by diversifying risk into Equity & Debt.

Investment Perspective: Corrections will offer good opportunity to ride the next strong uptrend post its completion. It is prudent to invest in this fund in form of SIP to capitalize on the down move as and when it happens. Impulsive move on upside clearly suggests that the long term trend is positive and over short term the correction is probably complete around 17.5 levels. However for lump sum investments we need to wait for the price confirmation which we will get on move above 20.5 levels. Until then it is best to invest in form of SIP and we will highlight it here as soon as strong upside reversal is in near vicinity!

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Monday, May 23, 2016

Mutual Fund Investments Power of compounding, How to become Crorepati with just Rs. 5000 /- pm?

Below article shows how Mutual Fund investments can help you take advantage of Power of Compounding to become Crorepati!
Suppose person A and B both invest Rs 5,000 per month through Systematic Investment Plan (SIP) in a diversified equity fund till they are 50 years of age. However A starts at the age of 25 years and B starts at the age of 30 years, investing a total of Rs 15 lakhs and 12 lakhs respectively during the tenure. Mr. A ended up investing more Rs 3 lakhs as he started earlier. Assuming the rate of return (CAGR) at 14.45 % which is close to the average return by Sensex during the period of 1988 to 2013.
At the age of 50 years following is the return earned by them:
Mr. A will get a return of Rs. 1,26,26,243 (more than a crore) against the total investment of Rs. 15 lac
Mr. B will get a return of Rs. 62,10,038 against the total investment of Rs. 12 lac
Because of the power of compounding, A is able to earn Rs. 64,16,205 more than B! Moral of the story is compounding works wonders if you start early!
Start a SIP early. Invest online in Mutual Funds hand-picked using Elliott wave and Time cycles by us.
Contact US and we will assist you right from Investments to expert advice, weekly reports, online portfolio access and monthly account statements.
Image reference: Kotak MF
Please note the returns are not guaranteed but might vary depending on market conditions. The below is an example to highlight the power of compounding which is mind boggling.
Contact: +91 9920922639 / 022 28834540
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Thursday, May 19, 2016

Invest in Mutual Funds online with suggested asset allocation! Axis long term Equity fund

Mutual Funds Investment redefined! 

Looking at the funds that has potential to outperform in future and not just looking at the past performance. We use Elliott wave theory to understand Mutual Funds possible outcome.

Invest Online by visiting Waves MF Advisors

Axis Long Term Equity Fund – Growth Daily Chart 

Axis Long Term Equity Fund –Growth is an open ended Equity Linked Saving Scheme [ELSS] which has a lock in period for 3 years.

Taxation: This fund aims for “SHARE LESS SAVE MORE”. This fund helps the investors to get tax rebates under section 80 C of Income Tax Act.

Portfolio Analysis: The major holdings of this fund are into Banking and Automotive sectors. Below is the table shown of Sectorial allocation of this fund.


Returns: In past the fund has provided with following returns.

Returns as on 10th May, 2016
Returns (%)
1 year
3 year
5 year

Risk: This fund has concentrated exposure to sectors and so the risk is high. Also we are seeing loss of momentum on upside which is a caution sign. Fresh investments should be done in form of SIP only with time horizon of three years or more.

Technical Perspective: As shown in daily chart for this fund NAV gave triangle breakout in 2014 thereby completing intermediate wave [IV] near 13.97 levels and post that we can witness next wave on upside in the form of intermediate wave [V]. The first leg of this wave [V] is complete and we can now expect sideways to negative movement for few months before the next leg resumes on upside.

Investment rationale: Axis Long Term Equity ELSS scheme can move in sideways to negative action over near term. Faster move above 32.50 will indicate that next bull trend in this fund has started which will create wealth for investors. On downside 25-26 will continue to act as important zone.

Waves MF Advisors provide unbiased select basket of Mutual Funds that have potential to outperform within the given risk parameter. For investments into Mutual Funds with online portfolio and research contact us at or call us on +91 22 28834540 / +9920922639 or visit