Canara Bank Rebeco Emerging Equities

 Canara Bank Rebeco Emerging Equities

Canara Rebeco Emerging Equities is the best amongst the large-cap & mid cap category and it is ranked 1st by CRISIL. It aims to generate long term capital appreciation through investing in diversifies mid-cap stocks which have higher probability to turn into bigger corporate in the coming future.
Portfolio Analysis: As per the sectorial holdings Banking & Finance have been most favored sector for this fund as it is contributing 23.41% to the entire portfolio followed by Automotive Sector. Top Holdings and Sector Allocation for this fund are shown below.

Top 5 Holding

Risk Profile:The risk associated with this fund is too high because the total investment is focused on the stocks from small caps and midcaps sector. During the corrective phase or bad times this scripts do not have any lower limits to fall which can turn into capital loss. However every coin has 2 sides as these small size companies have potential to turn large which once happens can add bumper returns to your corpus. It is suitable to investors having high risk bearing ability within the age of 20-40 years.
 Technical Perspective:The Daily chart of CanaraRebeco Emerging Equities shows that wave 3 looks to be complete at the recent high of 105 levels and now wave 4 is in course. Also 50 days EMA is providing important resistance near 97 levels. This can be used as proper opportunity for investing and capture the move in form of wave 5.
Investment perspective: This fund has maximum exposure to equity and as per our outlook on Indian Equity markets medium term outlook is positive. Parking through SIP route is the best option as of now.
Invest NOW in CanaraRebeco emerging Equities Fund online – Click here

MUTUAL FUND PORTFOLIO BUILDING – AN ART!

Mutual Fund Investments are always considered the last option for investments. One of the reason being difficult portfolio building. A myth surrounds people’s mind that portfolio management is one of the tedious tasks in mutual Fund industry. To some extent it is true as it the most vital component if one wants to get beneficial through mutual funds. Portfolio Building is an art but can be learnt and understood if tried to do so.
A Portfolio refers to a mixture of funds of different asset classes that may be Equity oriented, Debt oriented or Hybrid Funds. A varied portfolio brings diversity to your investment and suppresses risk over different sectors in the market.
Also, the myth can be proved wrong because the base of your portfolio depends on your own risk profile. Unlike Bank FDs which have stubborn conditions to follow or Insurance Policies which have various terms and conditions, Mutual Fund Investments are easy without any strict rules.
 Diversification is the USB of Mutual Funds. Thus a varied portfolio spreads risk and gives you an average compounded return. A portfolio has to be built in a way that you get best of the returns even after averaging and risk to the minimal.
Some tactics has to be used to create a complete, correct and a balanced portfolio. A portfolio depends upon the risk bearing capacity of the individual. Different risk holders have different portfolio.
A gist of it will be:
If Mr. Ram wants to invest –

• Amount: Rs. 5000
• Type: Lump sum
• Risk: Moderate to High
• Expected Rate of Return: 12% – 15%
• Tenure: 10 years

The suggested portfolio will be –

• 45 % in Equity
• 25% in Hybrid
• 30% in Debt

This will give the client a balanced average return
Build your portfolio with proper asset allocation based upon your risk profile today! Sign up for free and get your portfolio review from us now!
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WEALTH CREATION WITH LARGE CAP FUNDS..

Large cap funds turn out to be the best investment option if the investment is made for the first time.  Large cap funds are those in where the major proportion of the investment is made in blue chip companies with a market capitalization value of more than $10 billion. It basically reflects the performance of the economy and the corrections are much less because they have huge resources to go through the bad market phase. However, they do not deliver exceptional results in the bulls market but meet minimum expectations of the investors with comparatively lower risk than smaller companies. One of the best examples is mentioned below:

 UTI Equity Fund Growth is an open ended fund having eyes on large cap stocks and approximately 98.13% exposure to Equity instruments.

Portfolio Analysis: As per the sectorial holdings Banking/Finance have been most favored sector for thisfund as it is contributing 33.60%  to the entire portfolio followed by IT  Sector.

Top Holdings and Sector Allocation for this fund are shown below: 

 

Risk Profile: This fund has complete exposure in Equity instruments hence we consider this fund as High Risk hence only Risk taking investors should invest in this fund.

Technical Perspective:The weekly Chart for UTI Equity Fund Growth shows that post completion of wave 2 near 100, prices exhibited a sharp move on upside in form of wave iii. Also the 20 weeks EMA is now acting as support to the prices which indicate positivity in the trend. Prices have broken its multi-year blue channel indicating out performance of this fund. As long as support trendline is intact bias remains positive.

In a nutshell, entering in this fund in staggered fashion would be advisable at current level. As this is a large cap fund combining this with other small cap, midcap or debt investments would help fetch good returns, it is advisable to balance portfolio and also provide the benefits of diversification.

Invest NOW in UTI Equity Fund Equities Fund online – Click here

HOW MNC MUTUAL FUNDS ARE DIFFERENT FROM OTHERS?

Mutual funds with a wide concentration on the Multinational Corporations are MNC funds. These theme based funds has done exceedingly well in past few years, as well as the top sector funds.

As the name suggest, MNC fund’s portfolio is loaded with pure MNC or Joint Venture stocks. The biggest advantage of investing in MNC is their Transparency in terms of management, Cash flows, Balance sheet and absences of Corporate Governance issues. MNCs were also assumed to be generally better and more professionally managed, clean corporate governance, and have easier access to newer technologies and additional capital.  These types of funds are made for the investor looking for less Volatility and Steady Returns from their portfolio.

The other advantage of these funds is that it doesn’t focus on any one sector and they are less risky as compared to sector funds. As previously told, investing for long is always beneficial for the investor. An Investor should invest in MNC funds for time horizon 3 to 5years for better rate of return. As these funds can perform in both bullish market as well as bearish market, experts believe there is more upside to these. One can take 20 percent exposure in these types of funds which should a cushion to the riskiest investments in other asset clases.

MNC funds can boost of stocks with mostly sound fundamentals, thought high price. Although they are thematic funds, they are more diversified than sector funds for one simple reason – they hold basket of sectors. In addition, they hold a basket of defensive and growth funds giving them an option to choose sector based on market condition.

Start investing in MNC Funds with us HERE

HOW MIDCAP MUTUAL FUNDS BENEFICIAL TO INVEST..!

Among various category of equity Mutual fund, Mid-cap funds have their different charm of all. Mid-cap and Small-cap fund category is possibly the most exciting fund. These categories of funds have almost 60% of the asset in Mid-cap companies over the past 3years. 

Mid-cap fund is able to deliver very high return when markets are doing well. The return can be above the average return. This drastic return is what makes investor to go for this fund. But on the other hand these funds have a huge volatility when market going from a bad phase. Sometimes the difference in the fall and rise price can be very high which makes investor fail to resist on switching. But as often said market is volatile it can be good or bad. So holding the fund for longer time will give you a best out of it.

So going for the Small-cap or Mid-cap can be rewarding for your portfolio considering the returns they deliver. However, during the tank period these are the most beaten once but during the rally they fetch maximum returns so the higher the risk the bigger the reward!

Canara Bank Rebeco Emerging Equities:

Canara Rebeco Emerging Equities is the best amongst the small cap & mid cap category and it is ranked 2^nd by CRISIL. It aims to generate long term capital appreciation through investing in diversifies mid-cap stocks which have higher probability to turn into bigger corporate in the coming future.

Portfolio Analysis: As per the sectorial holdings Banking & Finance have been most favored sector for this fund as it is contributing 12.44% to the entire portfolio followed by Automotive Sector. Top Holdings and Sector Allocation for this fund are shown below.

Top 5 Holdings:

Risk Profile: The risk associated with this fund is too high because the total investment is focused on the stocks from small caps and midcaps sector. During the corrective phase or bad times this scripts do not have any lower limits to fall which can turn into capital loss. However every coin has 2 sides as these small size companies have potential to turn large which once happens can add bumper returns to your corpus. It is suitable to investors having high risk bearing ability within the age of 20-40 years.

Technical Perspective: The Daily chart of Canara Rebeco Emerging Equities shows that wave 2 looks to be complete at the recent lows of 64 levels near the channel support and now wave 3 is in course. Also 50 days EMA is providing important support near 97 levels. one can use this level as support to capture the upmove.

Investment perspective: This fund has maximum exposure to equity and as per our outlook on Indian Equity markets medium term outlook is positive. Parking through SIP route is the best option as of now.

Invest NOW in Canara Rebeco emerging Equities Fund online – Click here

Worried over mid-cap and small-cap correction?

The correction in the mid- and small-cap stocks and its consequent impact on mutual funds, mainly on mid- and small-cap funds, after a stellar performance over the past two years, must have set you thinking on what you should be doing with your holding and what future position you should take on the mid- and small-cap space. If we look at the history this fund has given promising return and also has inherent potential ahead. Investments through SIP will be the best route to travel the journey. So find the below research.

Birla Sun life MNC Fund Growth:

 

Birla Sun life MNC Fund is an open ended growth scheme which invests primarily in the small cap and mid cap sector which has high potential to provide returns in the future.

Objective: To achieve growth of capital at relatively moderate levels of risk by investing in securities of multinational companies through in depth research.

Portfolio Analysis: This fund invests around 38% in the top 5 holding which are mentioned below:

Risk Parameters: As the investments are made in mid cap stocks the risk associated with this fund is high but as they are MNCs and hence during the correction there will not be much pain as compared to other high beta stocks.

Technical Perspective: Above daily chart shows that, post the completion of wave 2 near 540 levels prices started to move on upside in form of wave 3. We have been very accurate in capturing the entire up move in the form of wave 3. Many believed that wave theory will not be useful on individual fund’s NAV but we managed to identify the best ones capable of giving the 3^rd wave on upside. Birla MNC fund is a classic example of the same and it still has lot of potential from here on. Prices might have completed wave iii of 3 and post that we are witnessing overlapping movement wave iv of 3. It is time to keep accumulating this fund on every dip to later ride the strong up trend ahead.

In a nutshell, if we look at the history this fund has given promising return and also has inherent potential ahead. Investments through SIP will be the best route to travel the journey.

Invest NOW in Birla Sun life MNC Fund online – Click here

CONFUSED BETWEEN GROWTH FUND AND BALANCED FUND. GET YOUR ANSWER HERE……

Growth fund and balance fund are 2 different schemes in Mutual fund sector. Both the schemes have different characteristic but are good investment option for the investors. In order to know which scheme one should choose it is necessary to understand both the scheme.

Both the Growth and Balance fund follows asset allocation approach i.e the fund manager who manages this funds invest in both equity and debt. However in growth fund large proportion of investment is made in equity, while in balance fund normally 60% of investment is made in equity and rest 40% in debt sector. However this proportion can change which depends on market condition. As in growth large amount of money is invested in equity it becomes more risky than balance fund.

There is a myth among the people of “Higher the risk, Higher the return” although this myth is busted by balance fund as in past some balance fund have given better returns than growth fund and has been able to provide high return by taking moderate risk.

So the question arises is in which fund one should invest in???

In order to get the answer one should know what is his/her risk appetite, goals, time horizon and other factors that affects investment discussion of an individual.

If a person can take high risk and wants to achieve his goals in short term period it is advisable to invest in Growth fund as this fund mainly invest in equity it as the potential to provide good return within short period of time along with high risk. However is a person what to take moderate risk and wants to achieve his investment goals in a long run then in such case it is advisable to invest in balance fund.

Both growth and balance fund is a good investment option one can start an SIP in both the fund and can gain good return. Also it is advisable to stay invested for long period say 5-7 year in order to generate good return from the investment.

So start your investments right here and get expert advisory based on your risk ratio appropriate for your portfolio. Click HERE

Manage market volatility with multi-cap funds..

Multi-cap funds are diversified mutual funds which invest in stocks across market capitalization.

Amidst all the on-going political events in the world, markets are the most affected and hence it becomes difficult to anticipate market movement. In order to stay securely invested, Multi-cap funds could be the best bet for an investor. Takes a look at multicap scheme, which have performed better and have been able to sustain their performance. Here is a research report of one of the Multi-cap fund.

 

 

L&T India Value Growth Fund is an open ended scheme launched in January 2009. This belongs to a Diversified category as the fund has exposure across large cap, Midcap and Smallcap.

Portfolio Analysis :As per the sectoral holdings Banking/Finance have been most favoured sector for this fund as it is contributing 19.54% to the entire portfolio followed by Oil & Gas Sector.

Top Holdings and Sector Allocation for this fund are shown below: 

 

Risk Profile: This fund belongs to the high risk category given complete exposure only to equity. However, by way of SIP the risk can be reduced and also prudent asset allocation across different scheme including debt and balanced fund can provide optimum mix and reduce the risk. Also as we think long term trend for Nifty is on upside this fund offers good opportunity to ride the next wave on upside.

Technical Perspective: The above weekly chart of NAV suggests that since mid-2013 this fund has showed impulsive rise. The impulsive move from 27 to 40 suggests that long term trend for this fund remains on upside. In the start of 2018 NAV has competed minute wave 3 and since then wave (3) is on-going. One can continue to remain stay invested or can start investing through SIP as this fund is in impulsive wave (3). Looking at the Nifty, some pressure cannot be ruled out but it is advisable to stick to the on-going trend. Currently wave 4 of (3) seems to be on-going.

Investment Perspective: One can continue to invest in this fund in staggered fashion.

Many a times investing in multi cap funds becomes complex. In case you don’t possess enough financial knowledge and are finding  it too difficult to understand or  To know more about other prevailing Multi-cap Funds Click here

Does experience of Fund manager matter before selecting which Mutual fund to invest in?

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities and that’s why it becomes essential to check the credentials and past performance of a fund manager.

While many investors’ often get impressed seeing more number of schemes managed by the fund manager (of a respective fund house); this is rather worrisome since it reflects the pressure on the fund manager while managing investors’ hard earned money. It may so happen that he may simply replicate the portfolio, and in the bargain defeat the unique mandate of each scheme managed by him. In our view, ideally, a fund manager should not be managing more than 5 schemes; as such a “funds-to-fund manager ratio” can help in bringing in efficiency while managing your hard earned money.

Also one should not merely invest in a respective mutual fund scheme of a fund house, just because it is managed by a star fund manager. Many mutual fund distributors / agents / relationship managers may persuade you to invest in mutual fund scheme managed by a star fund manager; but then you need to ask relevant questions on track record of performance of all the mutual fund schemes managed by the star fund manager (which your mutual fund distributor / agent / relationship manager has high regards), where you need to check the following:

• Returns of the respective mutual fund schemes
• Risk that investors are exposed to (as revealed by the Standard Deviation)
• Risk- adjusted returns achieved by the fund (as revealed by the Sharpe Ratio)
• Portfolio churning (as revealed by the Portfolio Turnover Ratio)

Moreover, as a litmus test you also need to ascertain how the respective mutual fund schemes managed by the star fund manager has sailed during various market cycles (i.e. during bullish and bearish cycle)

To know more about which other factors needs to be considered before investing in any mutual fund CLICK HERE

Balance your funds by investing in balanced funds

Balanced funds or hybrid funds are a mix of equity and debt mutual funds. They keep their investment in the ratio of 60-40 where 60% of the amount is invested in stocks, and the balance 40% is invested debt instruments. Balanced funds maintain their formula of income generation and capital appreciation

Balance funds have their advantage and disadvantages:

The pros: The investor gets diversification in a single docket of mutual funds without the hassle of analysing and selecting each and every equity and debt fund.

Balanced funds are suitable for persons who are willing to invest a smaller portion of their income monthly.

A balanced fund allows the investor to make systematic withdrawals while maintaining suitable asset allocation.

The cons: They are not entirely risk-free, many investors are of the view that less volatility means risk-free. That is not the case; balanced funds also have their share of risks..

While holding only a specific class of funds, the investor can relocate some of the funds into other mutual funds as diversification for tax planning or wealth creation. However, in balanced funds, it is not possible as the same mutual fund owns both types of the asset class.

Choosing a balanced fund that suits the investor’s long-term goals is very important. When assessing the equity part, the investor should look for factors like the fund house, fund manager, asset value, constancy of portfolio, diversification, risk taken by the fund, asset size, and the historical returns. When assessing the debt funds, they should pay attention to the asset quality, fund manager’s qualification and sensitivity of the fund to rate changes.

Balanced funds are custom-made for new investors and those looking for relative stability for their savings. Hence balanced fund provides a good investment option wherein investing in one particular fund you can have exposure to equity as well debt market.

To know more about balanced fund and to invest smartly CLICK HERE

Now that I am earning I can finally spend! Why should I care about investing at this point

 So, you finally have a job. You no longer need to ask your family for pocket money.Now, you have a job. You have discretionary income.  It’s liberating, exhilarating. Finally, you’ve arrived! It’s that beautiful phase, where you are wondering how to spend your earnings. An EMI plan on a car might be nice, that new smart phone or those beautiful shoes…

But hold on before you get too far…let’s give your new found financial freedom some thought. Let’s account for:

1. These carefree days may not last more than a few years
2. You get older – your earnings increase as do your expenses. A house, a car, school fees…
3. Your parents’ get older – you may need to help them financially.
4. You will retire – how will you maintain your life style?

And now, let’s rewind back to today. Where were we? Yes, you were a carefree and young individual. But after reading this article, you will be carefree, young and wise individual.

There’s no rule that says you can’t spend when you have the disposable income. But the wise one squirrels away a small percentage of salary without fail every single month.  That leads us to the next important question – should you just kept that money aside, as in “save” or should you “invest” that money?

Just as drops of water make an ocean, small but regular investments can go a long way in building wealth over a period of time.You may have to choose from various investment options available if liquidity concerns you

SIP is a method of investing a fixed sum, regularly, in a mutual fund scheme. SIP allows an investor to buy units regularly on a specific date of the month. This will help in building wealth in the long term. Due to the principle of cost averaging, more number of units are bought in a falling market and fewer units in a rising  market. SIPs allow you to take part in the stock market, without trying to time it, also bringing discipline to your investments.

It’s the key to investing success. Regular investment makes you disciplined in your savings and also leads to wealth accumulation. Systematic investing is a time-tested discipline that makes it easy to invest automatically. Investing regularly in small amounts can often lead to better results than investing in a lump sum.INVEST NOW 

If you have any query on mutual funds, do ask us on +91 9920922639 CLICK HERE

Why investors should continue investing in SIPs even in a bear market

A standard pitch from investment experts and mutual fund managers is – invest through systematic investment plans (SIPs) in diversified equity funds to create a retirement corpus. The popularity of SIPs or Systematic Investment Plans has gone up in the last couple of years. The recent fall in the equity markets has seen some investors getting negative returns on the SIPs. This raises the question as to whether SIP should be discontinued during bear phases of the markets.

The philosophy behind starting a SIP with an equity scheme is to go on investing regardless of the market conditions. Investors should not stop it in downturns, but should keep the SIP running for a longer period. Otherwise, they will lose out on the chance to make money in the long term. Here’s why:

• Rupee cost averaging: The concept of rupee cost averaging lies in averaging out the cost at which you buy units of a mutual fund. The equity markets have always been volatile reflecting the ups and downs of the economy.Rupee cost averaging is an approach in which you invest a fixed amount of money at regular intervals. This in turn ensures that you buy more shares of an investment when prices are low and less when they are high.. However, this mechanism doesn’t guarantee a profit or eliminate risk, and it won’t protect you from a loss if you sell shares at a market low. Before adopting this strategy, you should consider your ability to continue investing through periods of low price levels.
• Power of compounding: .Compounding means that the money you make off an investment can be reinvested to make even more money than your initial investment.. Essentially, compounding is the process of earning income on your principal investment plus the income earned – the income also starts to earn as the same is reinvested.

In conclusion, investors shouldn’t worry about stopping SIPs when the market is declining. In fact, that is the period when an investor can accumulate more units at a cheaper cost and then benefit from the eventual up move in the markets. SIPs are done by investors to meet long-term goals and should be done for at least 5-10 years. They should not be worried about near-term volatilities or small negative returns in the near-term. Corrections are the best time to accumulate maximum numbers of units for the future. In fact investors can use this opportunity to increase SIP amount by using a top-up facility provided by the fund house.Invest NOW

If you have any query on Systematic Investment plan in mutual funds, do ask us on +91 9920922639 Click here

WHY YOU SHOULD START INVESTING EARLY?

One of the most important factors to consider while drawing a financial plan is fixing the time period, especially if you are a beginner. The thumb rule is, the earlier you start, the greater the chance of achieving your financial goals. Having the advantage to grow your investments over time, and putting your investments to work for you, will help you live the life you ultimately want to.

It is time tested that if one starts investing early, the percentage of building the corpus for one’s desired future financial goals is higher as compared to those who start very late in their life.

Investing according to financial goals.

Identify and prioritise goals:

The first step in goal based investing is identifying and prioritising goals by segregating them into needs and wants – needs are essentials and hence get precedence over wants, which are desires and aspirations. Once decided, align your needs/wants to the time horizon.​

Explore the systematic method of investing in mutual funds​

​​Investors can also benefit from the systematic plans offered by the mutual funds. For instance, a systematic-investment plan (SIP) is used for wealth accumulation. A systematic-transfer plan (STP) helps in transferring wealth from one asset to another, in safeguarding the portfolio against volatility, and in adapting to the changing risk appetite with age and increase in responsibilities. Lastly, a systematic-withdrawal plan (SWP) is useful in deriving a regular income from the created wealth created.​​​​

Power of Compounding

Young investors have an advantage in investing since the longer you stay in the market, the less risky your investment becomes and the more corpus you can generate over a period of time. This happens because of the compounding effect and the rupee cost averaging benefit you get over a long term.

Once you are done with prioritizing your financial goals of life, quantify them, that how much amount you may need to achieve those goals and based on that choose mutual fund schemes. So give wings to your dreams and start investing in something each month to achieve your goals without any burden of heavy debt on your shoulder.

Investing at any age isn’t easy, but waiting to invest for when it’s convenient isn’t the best approach (because it’s never going to be easy). Don’t fall into the I-need-a-lump-sum-of-cash-to-start-investing trap start small, with whatever you can afford to invest today because it’s most likely going to be worth more tomorrow.

Keep in mind, the market goes up and down, much like our emotions, and that means sometimes your investments will fail. Still, in the long term, investing early and giving your investments time to mature will help you come out ahead.

Finally, you don’t have to be an expert to invest. Find yourself a traditional advisor like us who will do the legwork and guide you in the right direction. 

Invest NOW – Click here

ELSS: Invest to save tax and wait for the Returns

Birla Sun Life Tax Relief 96 – Growth Weekly Chart

 

Birla Sun Life Tax Relief 96 is an open ended Equity Linked Saving Scheme (ELSS) with 99.09% exposure to equity.

 

Portfolio Analysis: The fund aims to generate returns by investing in complete equity with maximum exposure to Automotive and Banking/Finance sector.

Top Stock Holdings

 

Sector Allocation

 

Returns as on 8^th May, 2018

Risk Profile: This fund is considered as “Risky Fund” due to complete exposure to equity instruments, it’s suitable for investors who are looking for Tax benefits.

Taxation Perspective: Birla Sun Life Tax Relief 96 is ELSS fund is where investor is eligible for tax exemptions up to 150,000 INR under section (u/s) 80C of the Indian Income Tax Act, 1961 if they stay invested for three years or more. ELSS Funds are also eligible for Long Term Capital Gains which will be treated tax free as the holding will be more than one year. The Dividend earned from ELSS funds is also treated as tax free.

Technical Perspective: Post the completion of wave 1 at the highs of 24 levels and prices formed running complex correction pattern in wave 2 which completed at the lows of 22 levels. Now wave 3 is ongoing which the strongest segment of an impulsive move. Now the outlook for this fund will continue to be positive, any pullback towards the blue support line should be utilized as buying opportunity for the targets of 35 levels.

Investment Rationale: Birla Sun Life Tax Relief 96 fund has shown some outperformance in sync with the Indian Equity Markets. Currently it is in the beat of its trend so one should dive in this fund through SIP or lump sum investments.

Invest NOW in Birla Sun Life Tax Relief 96 Fund online – Click here

How to create Investment portfolio using Mutual Funds?

I believe innovation is the key to success even in Financial and Investment domain. I thoroughly believe in application of Elliott wave that can be extended to NAV of Mutual funds as well. It provides vital information on maturity of the trend and one can accordingly make investment decision.

Following is UTI equity fund research shown on 7^th December 2016 in our Mutual fund research report by Waves Strategy Advisors

UTI Equity Fund Growth Weekly Chart (shown on 7^th December 2016)

 

UTI Equity Fund: Happened

 

Technical Perspective – Anticipated on 7^th December 2016

The Weekly Chart for UTI Equity Fund Growth shows that post retracing 38.2% of the previous up move prices bounced sharply and now it has managed to take out the previous peak high which suggests that probably a complex correction pattern is in formation and currently wave y of the same is ongoing. Once wave y completes its course the corrective leg in the form of wave 2 will end and then the bull trend should resume in this fund. Move above 114 will suggest about the completion of the same.

Happened: The NAV of the fund increased drastically and moved exactly as expected. This simply shows how one can use Elliott wave to predict the path ahead even on Mutual Funds!

Invest NOW in UTI Equity Fund Equities Fund online – Click here

We can help you in creating your portfolio of Mutual Funds. I think it is best to diversify and not only park money in stocks alone. By diversifying it across different Mutual Funds one can create a sustainable financial model with prudent mixture of both stocks portfolio and MFs. Invest in Mutual funds through us and we can assist in providing multibagger research from our research associate – Waves Strategy Advisors to create a holistic portfolio. Invest here