Prajna Capital

Download L&T Long Term Infrastructure Bond Tranche 1 Application Form
Download Mutual Fund Applications
Download IDFC Long Term Infrastructure Bond Tranche 1 Application Form
L&T Infra Finance tax free infrastructure bond opens today - LONG TERM INFRASTRUCTURE BONDS Tranche 1 Nov 2011
Future Group may to Exit Generali and Sell Stake to IITL
One stop shop for all Mutual Fund Application Forms
IDFC infrastructure bonds Details - open as on 21 Nov 2011
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Download L&T Long Term Infrastructure Bond Tranche 1 Application Form

Posted: 25 Nov 2011 04:02 AM PST

Download L&TLong Term Infrastructure Bond Tranche 1 Application Form

http://www.docstoc.com/docs/105109827/L_T-Long-Term-Infrastructure-Bond-Tranche-1-Application-Form

Download application forms for Infrastructure Bonds for year 2011 – 2012.

These Bonds are Tax Saving Infrastructure Bonds. By making investment of Rs 20,000 in Infrastructure Bonds, you can avail tax exception under Section 80CCF.

Section 80CCF is in addition to Investment of Rs 1, 00, 000 that you can make under Section 80C and Rs 20,000 under Section 80D and Section 80E for Education loans of the Income Tax Act.

You can Download Infrastructure Bonds application forms for:

1) Infrastructure Development Finance Company (IDFC)

2) Larsen & Toubro Infrastructure Finance Company Limited (L&T)

3) IFCI

4) Rural Electrification (REC)

5) Power Finance Corporation (PFC)

6) Life Insurance Corporation (LIC)

Documents Required:

1) Filled Up Application

2) Copy of the PAN card (Self-attested)

3) A Cheque in favour of the

4) KYC Documents: Self-attested copies of the following documents are required to be submitted by the Applicants as KYC Documents:

a. Proof of identification for individuals: Any of the following documents are accepted as proof for individuals:

Ø Passport

Ø Voter's ID

Ø Driving Licence

Ø Government ID Card

Ø Defence ID Card

Ø Photo PAN Card

Ø Photo Ration Card.

b. Proof of residential address: Any of the following documents are accepted as proof of residential address:

Ø Passport

Ø Voter's ID

Ø Driving Licence

Ø Ration Card

Ø Society Outgoing Bill

Ø Life Insurance Policy

Ø Electricity Bill

Ø Telephone Bill (Land/Mobile).

Procedure:

1) Print the application form, print and Fill it up

2) Attach the required Documents

3) Submit the form in a collection canter near you

Find a collection canter:

Collection canter near you

What is Tax Saving Infrastructure Bond?

These bonds are options given to infrastructure finance companies (IFCs) to support their lending to avoid dependence on banks. IFCs are not supposed to take deposits from retail customers.

The bonds would be issued in the dematerialised format and investors can even buy it in physical format if they don't have a PAN card or demat account.

The bonds will be listed on the Bombay Stock Exchange (BSE) and investors can exit the bonds in the secondary market after the completion of the lock-in period.

--
Regards,
Raghavendra Prasad (RP)

http://prajnacapital.blogspot.com/
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Download Mutual Fund Applications

Posted: 25 Nov 2011 03:07 AM PST

Download Application Forms, Additional Purchase Forms, SIP / STP / SWP Forms, ECS Stoppage Forms, and Other Service Forms for ALL Mutual Funds from this single location.

Download Mutual Fund Applications

Buy Mutual Funds Online by selecting the Mutual Fund Schemes.

Invest in Mutual Funds Online Mutual Funds Online

Download IDFC Long Term Infrastructure Bond Tranche 1 Application Form

Posted: 25 Nov 2011 02:00 AM PST

Download IDFC Long Term Infrastructure Bond Tranche 1 Application Form http://tinyurl.com/88ky74g

Download application forms for Infrastructure Bonds for year 2011 – 2012.

These Bonds are Tax Saving Infrastructure Bonds. By making investment of Rs 20,000 in Infrastructure Bonds, you can avail tax exception under Section 80CCF.

Section 80CCF is in addition to Investment of Rs 1, 00, 000 that you can make under Section 80C and Rs 20,000 under Section 80D and Section 80E for Education loans of the Income Tax Act.

You can Download Infrastructure Bonds application forms for:

1) Infrastructure Development Finance Company (IDFC)

2) Larsen & Toubro Infrastructure Finance Company Limited (L&T)

3) IFCI

4) Rural Electrification (REC)

5) Power Finance Corporation (PFC)

6) Life Insurance Corporation (LIC)

Documents Required:

1) Filled Up Application

2) Copy of the PAN card (Self-attested)

3) A Cheque in favour of the

4) KYC Documents: Self-attested copies of the following documents are required to be submitted by the Applicants as KYC Documents:

a. Proof of identification for individuals: Any of the following documents are accepted as proof for individuals:

Ø Passport

Ø Voter's ID

Ø Driving Licence

Ø Government ID Card

Ø Defence ID Card

Ø Photo PAN Card

Ø Photo Ration Card.

b. Proof of residential address: Any of the following documents are accepted as proof of residential address:

Ø Passport

Ø Voter's ID

Ø Driving Licence

Ø Ration Card

Ø Society Outgoing Bill

Ø Life Insurance Policy

Ø Electricity Bill

Ø Telephone Bill (Land/Mobile).

Procedure:

1) Print the application form, print and Fill it up

2) Attach the required Documents

3) Submit the form in a collection canter near you

Find a collection canter:

Collection canter near you

What is Tax Saving Infrastructure Bond?

These bonds are options given to infrastructure finance companies (IFCs) to support their lending to avoid dependence on banks. IFCs are not supposed to take deposits from retail customers.

The bonds would be issued in the dematerialised format and investors can even buy it in physical format if they don't have a PAN card or demat account.

The bonds will be listed on the Bombay Stock Exchange (BSE) and investors can exit the bonds in the secondary market after the completion of the lock-in period.

L&T Infra Finance tax free infrastructure bond opens today - LONG TERM INFRASTRUCTURE BONDS Tranche 1 Nov 2011

Posted: 25 Nov 2011 12:41 AM PST

L&T Infra Finance, a unit of Larsen & Toubro, on Thursday launched the first tranche of its Rs 1,100 crore long-term infrastructure bonds in two series with 9 per cent coupon rate.

The bond issue is aimed at retail investors, who can subscribe to a minimum of five bonds and in multiples of one bond, thereafter.

Each bond would have a face value of Rs 1,000. The bonds will have a maturity of 10 years and a lock-in period of five years, with a buyback option after the fifth year and the seventh year from the date of issue, the company said.

The bonds will be listed on the Bombay Stock Exchange (BSE) and investors can exit the bonds in the secondary market after the completion of the lock-in period.

Financial Chronicle on Wednesday reported the launch of infra bonds by L&T Infra. The issue will open on November 25 and close on December 24.

The bonds are secured, redeemable, non-convertible debentures having benefits under the section 80 CCF of the Income Tax Act, 1961. As per the terms of

the CCF, an amount not exceeding Rs 20,000 per annum, shall be deducted from the taxable income and would be over and above the Rs 1,00,000 deduction that is given under 80C of the Income Tax Act.

The bonds would be issued in the dematerialised format and investors can even buy it in physical format if they don't have a PAN card or demat account.

In the second year of its launch, infrastructure bonds have attracted the attention of retail investors and companies alike, with a host of launches that began in September by IFCI, followed by PFC and IDFC.

Last year, L&T raised around Rs 456 crore, while IDFC raised around Rs 1,400 crore.

The lead managers to the L&T Infra bonds are ICICI Securities, JM Financial Services, and Karvy Investor Services.

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Future Group may to Exit Generali and Sell Stake to IITL

Posted: 24 Nov 2011 11:05 PM PST

According to source, both sides have agreed on a valuation of around Rs 1,600 cr

The Kishore Biyani-promoted Future Group, which runs the country's largest retail firm, is set to exit from the life insurance venture that it operates in partnership with Italy's Generali.

Future is in advance discussions with the Mumbai-based Industrial Investment Trust (IITL) to sell a controlling stake in a phased manner, two people familiar with the development told ET. A top official, who is also member of the board in one of the companies involved in the transaction, said that, "both side have agreed on a valuation of around . 1,600 crore, which might change marginally depending upon the outcome of the due diligence process."

The debt-laden Future group is planning to sell non-core assets and focus on its retail business. Future had entered the life insurance business hoping to use its vast network of retail stores and consumer footfalls to sell insurance. But Pantaloon's debt burden and the insurance business' constant need for cash meant that Future had to take a call on where it needed to invest money. The group is also in talks with prospective investors to sell stake in Future Capital Holdings but the insurance deal is expected to happen before.

Kishore Biyani was unavailable for comment. But two officials close to the development confirmed that discussions were underway and have reached an advanced stage. KK Rathi, who oversees the group's financial decisions, is understood to be handling the deal. IITL is already planning to raise capital to fund the transaction and has already called a board meeting on November 22, to discuss plans. The money will be raised through issue of shares on a preferential basis, one person said.

It will buy 24% in the first phase by investing directly in the company and becoming Generali's new partner, he added. Future's stake will drop to 50%. "Since the JV has not completed five years of operation, the existing Indian promoter will not be able sell in the first round," he said. In the second round that is expected to be completed after the JV completes five years next year, Future will sell its remaining stake either in part or in full to the new partner, he said.

-----------------------------------------------------------------

Also, know how to buy mutual funds online:

Invest in DSP BlackRock Mutual Funds Online

Invest in Reliance Mutual Funds Online

Invest in HDFC Mutual Funds Online

Invest in Sundaram Mutual Funds Online

Invest in Birla Sunlife Mutual Funds Online

Invest in IDFC Mutual Funds Online

Invest in UTI Mutual Funds Online

Invest in SBI Mutual Funds Online

Invest in L&T Mutual Funds Online

Invest in Edelweiss Mutual Funds Online

One stop shop for all Mutual Fund Application Forms

Posted: 24 Nov 2011 06:43 PM PST

Download Application Forms, Additional Purchase Forms, SIP / STP / SWP Forms, ECS Stoppage Forms, and Other Service Forms for ALL Mutual Funds from this single location.

Download Mutual Fund Applications

Buy Mutual Funds Online by selecting the Mutual Fund Schemes.

Invest in Mutual Funds Online Mutual Funds Online

IDFC infrastructure bonds Details - open as on 21 Nov 2011

Posted: 24 Nov 2011 08:28 AM PST

IDFC Ltd. was incorporated in 1997 and got listed in August 2005. It is one of the leading knowledge driven financial services company in India and plays a central role in advancing infrastructure development in the country. Company has been classified by RBI as an Infrastructure Finance Company.

Key Highlights:

1. Investment upto Rs. 20,000 in IDFC Infrastructure Bonds – Tranche 1 will be eligible for exemption under section 80CCF of the Income Tax Act, 1961

2. Interest rate under both the options is 9% per annum. Interest under option 1 will be payable annually and interest under option 2 will be payable cumulatively (compounded annually)

3. Buyback facility is offered under both the options at the end of 5 years and one day from the Deemed Date of Allotment

4. Maturity will be at the end of 10 years from the Deemed Date of Allotment

5. Minimum Investment required in IDFC Tranche 1 Issue is Rs. 10,000.

6. Investors will be having an option to hold the Bonds in physical form or demat form.

7. ICRA has assigned (ICRA)AAA rating and Fitch has assigned Fitch AAA(ind) rating to the bonds proposed to be issued. These are the highest credit ratings awarded by these rating agencies

How Much Interest rate in this Bond ?

Interest rate under both the options is 9% per annum.

Tax Benefit adjusted rate of returns (pre-tax) to Investors on Buyback (5year)