Saturday, September 3, 2011

Prajna Capital

Prajna Capital


Mutual Fund Review: IDFC Small and Midcap Equity Fund

Posted: 03 Sep 2011 07:00 AM PDT

IDFC mutual fund has recently declared dividend in its one of the best performing mutual fund "IDFC Small and Midcap Equity Fund". This fund primarily invests in the small and midcap stocks available in BSE and NSE. The dividend declared is 15% i.e. Rs 1.5 for the face value of Rs 10 per unit.  

Type of Scheme: Open Ended Scheme

Minimum Investment Amount: Rs 5000

Entry Load: NIL

Exit Load: 1% if the funds are redeemed within 365 days from the date of investment.

 

Sectors Invested:

 

This scheme has invested in various sectors including Telecom, Banking and Finance, Food and Beverages, Automotive and Chemicals sector.

 

How to Invest?

 

You can invest either through an authorized agent or through online at Invest in IDFC Mutual Funds Online.
 

Mutual Fund Review: HDFC Liquid Fund

Posted: 03 Sep 2011 06:15 AM PDT

Objective
To enhance income consistent with a high level of liquidity, through a judicious portfolio mix comprising of money market and debt instruments.

Option/Plan
Dividend Plan,Growth Plan. The Dividend Plan offers Daily Dividend option (reinvestment facility only); Weekly and Monthly Dividend option (with payout and Reinvestment facility).

Minimum Application Amount
Growth Option - For new/ existing investors :Rs.10000 and any amount thereafter.
Dividend Option - For new/ existing investors : Rs. 100000 and any amount thereafter.
 

Mutual Fund Review: UTI Banking Sector Fund

Posted: 03 Sep 2011 04:47 AM PDT

 

UTI Banking Sector Fund is one of the top performing Equity Mutual Funds launched by UTI Mutual Fund, which is one of the oldest Mutual fund companies in India. The quantum of dividend declared is Rs 2.5 per unit. The record date for dividend distribution is 09-May-2011.

 

Type of Scheme: Open Ended Equity Scheme

 

Investment Objective:

 

The main objective is to generate capital appreciation by investing in the equities of the companies engaged in Banking Activities.

 

Minimum Investment Amount: Rs 5000

Entry Load: NIL

Exit Load: 1% if the investment is redeemed within 1 year from the date of allotment.

                     NIL if the investment is redeemed after 1 year from the date of allotment.

Portfolio Investments:

The scheme has invested in the equities of the major banks like

·                           ICICI Bank

·                           State Bank Of India

·                           HDFC Bank

·                           Axis Bank

·                           Indusind Bank

·                           Bank of Baroda
 

Hybrid / Balanced Funds from ICICI Prudential AMC

Posted: 03 Sep 2011 03:46 AM PDT

ICICI Prudential Child Care Plan

ICICI Prudential Child Care Plan is an investment instrument specially designed to help you give your child a head start in life. It offers two options - Gift (Suitable if your child is in age group of 1-13 years.) and Study (Suitable if your child is in age group of 13-17 years.), for the differing needs of parents with children in differing age groups.

ICICI Prudential Balanced Fund

ICICI Prudential Balanced Fund takes care of this asset allocation by investing in equity for capital appreciation and debt for stable returns. It focuses on reducing volatility of returns by increasing / decreasing equity exposure based on the market outlook and using a core debt portfolio to do the rebalancing.

ICICI Prudential Income Multiplier Fund

ICICI Prudential Income Multiplier Fund predominantly invests in a debt portfolio that is conservatively managed with a focus on generating regular income. The objective is to keep interest rate risks and credit risks low. The debt component is about 70% of the portfolio, and can be upped to 100% should there be a need.

ICICI Prudential Monthly Income Plan

ICICI Prudential Monthly Income Plan is a conservatively managed fund that invests predominantly in debt securities. It invests with the view of generating regular income from debt securities.
 

Hybrid / Balanced Funds from ICICI Prudential AMC

Posted: 03 Sep 2011 03:41 AM PDT

ICICI Prudential Child Care Plan

ICICI Prudential Child Care Plan is an investment instrument specially designed to help you give your child a head start in life. It offers two options - Gift (Suitable if your child is in age group of 1-13 years.) and Study (Suitable if your child is in age group of 13-17 years.), for the differing needs of parents with children in differing age groups.

ICICI Prudential Balanced Fund

ICICI Prudential Balanced Fund takes care of this asset allocation by investing in equity for capital appreciation and debt for stable returns. It focuses on reducing volatility of returns by increasing / decreasing equity exposure based on the market outlook and using a core debt portfolio to do the rebalancing.

ICICI Prudential Income Multiplier Fund

ICICI Prudential Income Multiplier Fund predominantly invests in a debt portfolio that is conservatively managed with a focus on generating regular income. The objective is to keep interest rate risks and credit risks low. The debt component is about 70% of the portfolio, and can be upped to 100% should there be a need.

ICICI Prudential Monthly Income Plan

ICICI Prudential Monthly Income Plan is a conservatively managed fund that invests predominantly in debt securities. It invests with the view of generating regular income from debt securities.
 

Franklin India Index Tax will be Merged into Franklin India Index Nifty

Posted: 02 Sep 2011 08:40 AM PDT

 

 

Franklin Templeton Mutual Fund has announced the merger of Franklin India Index Tax Fund into Franklin India Index fund – NSE Nifty Plan, with effect from September 9, 2011.


Investors in Franklin India Index Tax Fund have been given an option to exit at the prevailing Net Asset Value without any exit load. The period of this no load exit offer is valid from August 8, 2011 to September 9, 2011.
 

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