HDFC Tax Saver has incresed it exposure to the banking sector. The analysis of the scheme for March 2008 shows that in the banking sector, it introduced Axis Bank. Howerver, it exited Corporation Bank.
In the manufacturing sector it exited Bharat Electronics.
ITC, Larsen and ICICI Bank were the top stocks held by the scheme in March. Engineering (27.24%), Banking (17.34%) and Oil & Gas (8.49%), were the top invested sectors in the scheme's portfolio. (Check out - Top stocks held by HDFC Tax Saver).
The total assets managed by the scheme was of Rs 1341.35 crore as on March 31, 2008.
Over the one year, HDFC Tax Saver has yielded 12.6% returns as against 25.24% yielded by its benchmark BSE 200 as on April 10, 2008.
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61.35 10.08%
