In economics, finance is a field that is concerned with the allocation (investment) of assets and liabilities over space and time, often under conditions of risk or uncertainty. Participants in the market aim to price assets based on their risk level, fundamental value, and their expected rate of return So lets plan investment towards smart income and these is one of the fund to invest
L&T Value India Growth 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 favored sector for this fund as it is contributing 23.70% to the entire portfolio followed by Technology Sector.
Top Holdings and Sector Allocation for this fund are shown below:
Top Holdings:
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 completed minute wave 3 and since then wave (3) is ongoing. 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 ongoing trend. Currently wave 4 of (3) seems to be ongoing.
Investment Perspective: One can continue to invest in this fund in staggered fashion.
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