Sahara Wealth Plus Fund- Variable Pricing

Sahara Wealth Plus Fund- Variable Pricing is being managed by A N Sridhar. He is a competent fund manager and has several well performing funds to his credit. He has over 20 years of experience and has been managing this fund from 2007. It is an average performer. If you have invested in this fund, keep a close watch on where performance is headed. If you are a new investor you can skip this one for a better performing large cap fund.

Where does Sahara Wealth Plus Fund- Variable Pricing invest your money?

Sahara Wealth Plus Fund- Variable Pricing is a small and mid cap fund which invests your money predominantly in stocks of mid cap and small cap companies. Large cap companies tend to be stable compared to mid cap and small cap companies. Small and mid size companies have the potential to become large companies and when that happens you are expected to get bumper returns. The fund’s portfolio has 40% exposure in mid cap companies, 27% exposure in small cap companies and 33% in large cap companies.

Suitable for what?
  • Creation of Wealth
  • Lifestyle Needs
Not Suitable for?
  • Child' s Eduation
  • Child's Marriage
  • Planning for Retirement
  • Buying a house 
How much to invest?

Minimum one time investment is Rs 1000 and minimum SIP is Rs 1000 per month. Do not make Sahara Wealth Plus Fund- Variable Pricing as part of your core portfolio. Do not do the mistake of investing in too many mutual fund schemes. At any point of time do not have more than two mutual fund schemes in your core portfolio. Core portfolio is investments that are made for your basic goals. Sahara Wealth Plus Fund- Variable Pricing can be part of the core portfolio.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
How has Sahara Wealth Plus Fund- Variable Pricing performed in the past?

If you had invested Rs 1 lakh when the fund was launched in September 2005 the value of your investments would be around Rs 1.9 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 1.3 lakhs. The performance has been not better than or similar to other mutual funds in this category. The fund has been giving at around 6% every year for those who stayed invested for last 5 years.

Assume you had invested Rs 10,000 every month in Sahara Wealth Plus Fund - Variable Pricing through SIP for the past 5 years today you would have around Rs 7.16 lacs.

How will Sahara Wealth Plus Fund- Variable Pricing perform in the future?

Needless to say no one can predict the future of markets. We have firm belief in the future prospects of the Indian economy. If the Indian economy grows at 9% then the leading companies tend to de well. When the companies do well their stock prices follows their performance. So if you expect the economy to grow at 9% then you can expect top performing mutual funds to give you returns in excess of 15%. We advise you to avoid too much of star gazing and future prediction.  Be reminded that equities are one of the asset classes that have the potential to beat inflation.  Your aim for mid cap funds should be to beat inflation and earn higher returns than on diversified large cap funds.

What charges apply?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Sahara Wealth Plus Fund- Variable Pricing is 0.80%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year. Sahara Wealth Plus Fund- Variable Pricing does not qualify for sec 80C ELSS benefits.

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