"मार्केट डाउन है, 🤔क्या लेना चाहिए ?"
We normally get this kind of questions from our clients.
There is no straight answer to this question but this is time to buy India's Blue chip companies or Mega caps.
While buying something attaractive valuations play an important role. Buying cheap or buying at discount is important in this frothy market.
Mega caps are relatively cheap and attractive valuations from long term levels. So we suggest you to invest in……. DSP Nifty Top 10 Equal Weight Index Fund.
In this index fund Top 10 Large caps would be bought at Equal weightage – (10% weight for each stock)
Top 10 Stocks :
Reliance,L&T, Bharti Airtel, ITC, TCS, Infosys, HDFC Bank, Axis Bank, Kotak Bank, ICICI Bank.
Key Benefits :
-- Rebalancing done on regular basis and dividends are also invested as per opportunity.
Why DSP Nifty Top 10 Equal Weight Index Fund ?
✅ Undervalued vs Broader indices
✅ Last 4 Years of Underperformance v/s Nifty 50 & Nifty 500 so Mean reversion expected soon.
✅ The Market cap of these stocks is at a low at 20% v/s high of 40%, signalling a buying an opportunity
✅ Strong ROE: 22.4%, higher than Nifty 50 (15.6%) and Nifty 500 (14.9%).
✅ Save HUGE on your Taxes by investing in this fund v/s investing directly in stocks As There. There will be
- No Tax on dividend income at fund level.
- No Capital gain tax on rebalancing of portfolio
You can consider Lumpsum as well as SIP in this Fund.
A blog from Santosh G Akerkar. For Educational and Awareness purposes.
Best Regards,
Santosh Akerkar
