SEO Simplified By Gabs Gaurs & Geets: Prajna Capital

Monday, December 5, 2011

Prajna Capital

Posted: 05 Dec 2011 04:58 AM PST

Mutual funds are managed by professionals who buy various types of collective investment securities -- namely, stocks, bonds, unit trusts, commercial paper, bankers' acceptances, real estate and precious metals. Of these, stocks and bonds are considered to be the most common investment securities to be traded in the market. While stocks represent shares of ownership in a public company, bonds represent the money that a person lends to the government or a company, and, in return, receives interest over a predetermined period of time on the amount lent.

A mutual fund has a fund manager who is responsible for investing the collected money into such securities. The mutual fund managers help individual investors manage their funds, take care of accounts and invests money over a myriad available securities.

It must however be remembered that when investing in a mutual fund, investors places their money in the hands of a professional manager. The return on investments depends heavily on that manager's skill and judgment. As research has shown that few portfolio managers are able to outperform the market, a person must check the fund manager's track record over a period of time when selecting a fund.

It follows from the fact that a person investing in a mutual fund is the buyer of units or portions of the fund, and hence becomes a shareholder or unit holder of the fund.

SBI Gold Fund

Posted: 05 Dec 2011 12:58 AM PST

SBI Gold Fund is a new fund offer from SBI Mutual Fund. This is a kind of fund of fund scheme, which will invest in SBI Gold Exchange Traded Scheme (SBI GETS).

Minimum amount of investment is Rs. 5000/- for lump sum and Rs100/- per month in Systematic Investment Plan (SIP) mode.

Mr. Raviprakash Sharma is fund manager of SBI Gold Fund.

Benchmark : The Scheme's performance will be benchmarked against the price of physical gold. As there are no indices catering to the gold sector or securities linked to the Gold, currently SBI Gold Fund shall be benchmarked against the domestic price of gold. The price here refers to the morning fixing of Gold by London Bullion Market association (LBMA).

As compared to SBI Gold Exchange Traded Scheme (SBI GETS) , SBI Gold Fund has two major benefits , easy liquidity and SIP option for investment.

Units of SBI Gold Fund can be easily redeemed through the AMC at NAV related prices.

SIP option provides a regular and easy way of investing in gold.

Download Section 80CCF Tax Saving IDFC Infrastructure Bonds Application Form

https://sites.google.com/site/infrabondapplications/home/IDFC-Infrastructure-Bond-Application-Forms

Download Section 80CCF Tax Saving L&T Infrastructure Bonds Application Form

https://sites.google.com/site/infrabondapplications/home/l-t-long-term-infrastructure-bond-for-year-2011---2012

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