Friday, January 20, 2012

Prajna Capital

Prajna Capital


Best Performing Tax Saving Mutual Funds

Posted: 20 Jan 2012 04:06 AM PST

Some of the best Tax saving Mutual Funds available are:
1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

 

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also
---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application    Collection canter near you

 

Application Forms for Mutual Funds in India

Posted: 20 Jan 2012 03:01 AM PST

Download Application Forms, Additional Purchase Forms, SIP / STP / SWP Forms, ECS Stoppage Forms, and Other Service Forms for all Mutual Funds:

 

Download Mutual Fund Applications

 

Buy Mutual Funds Online by selecting the Mutual Fund Schemes.

 

Invest in Mutual Funds Online Mutual Funds Online

 

Mutual Funds and Section 80C

Posted: 20 Jan 2012 01:57 AM PST

Some of the best Tax Saving Mutual Funds available are:
1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

 

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also
---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application    Collection canter near you

 

HSBC Mutual Fund New FMP HSBC Fixed Term Series 82

Posted: 20 Jan 2012 12:26 AM PST

HSBC Mutual Fund has launched a new fund named as HSBC Fixed Term Series 82. The new fund offer will be closed for subscription on January 19.

 

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

Nippon Life Buys 26% in Reliance Capital Asset Management

Posted: 19 Jan 2012 10:49 PM PST



Japan's Nippon Life Insurance has bought 26% stake in Anil Ambani-controlled Reliance Capital Asset Management, India's second largest mutual fund in assets, for roughly Rs 1,450 crore. The investment by Nippon, the largest-ever by a foreign firm in India's mutual fund industry, makes the asset management company worth almost Rs 5,600 crore, reports Our Mumbai Bureau.
 

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available are:
1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

 

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Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

 

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How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

SREI Infrastructure bonds 2012

Posted: 19 Jan 2012 10:20 PM PST

Invest in Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100 and earn returns in excess of 9% over long period of time 10 to 15 years.

 

Download Infra Bond Application form below.

 

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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

Invest in Tax Saving Mutual Funds (ELSS Mutual Funds) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Submit filled up application    Collection canter near you

 

IDFC Bonds

Posted: 19 Jan 2012 10:11 PM PST

Invest in Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100 and earn returns in excess of 9% over long period of time 10 to 15 years.

 

Download Infra Bond Application form below.

 

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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

Invest in Tax Saving Mutual Funds (ELSS Mutual Funds) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Submit filled up application    Collection canter near you

 

L&T Long Term Infra Bonds

Posted: 19 Jan 2012 09:18 PM PST

 
 



Infrastructure bonds are gaining popularity because of the recently introduced tax benefit under 80CCF. Under this Section of the Income Tax Act, an investor can seek tax relief on the investment amount up to Rs 20,000 in long-term infrastructure bonds.


After a spate of infrastructure bond issuances such as IDFC, IFCI, REC & PFC; L&T Infrastructure Finance has launched a long-term infrastructure bond issue. The coupon rates of the earlier bonds issuances were in the range of 9-9.16% per annum. L&T Infrastructure Finance is offering 8.70% on its bonds.

These Tranche 2 Bonds will carry a minimum lock-in period of five years from the date of allotment. They can also be redeemed after 10 years from the effective date of allotment.


Investors with a demat account can purchase the bonds in dematerialised form and trade after the minimum lock-in period, which is 5 years. There are three exit options available for investors in these bonds.


The first one is at end of 5 years, the second at the end of 7 years and the third after 10 years which is at the time of redemption. Investors who don't have a demat account can opt for the bonds in physical form.


There are two variants in these tax saver bonds. Under the first variant, interest rate is 8.70% payable annually and in the case of Series 1 2, the interest rate is 8.70% compounded annually payable at the end of maturity or buyback. The maturity is 10 years from the deemed date of allotment.


The Tranche 2 Bonds have been rated 'CARE AA+' by CARE and '[ICRA] AA+' by ICRA.


It definitely makes sense to invest in these bonds, if you have not yet invested in infrastructure bonds. These bonds are priced lower than the earlier bond issuances reflecting a possibility of rate cut in the near future.


If there is no liquidity pressure, you should opt for the cumulative option for a maximum period of 10 years, under which the interest rate is compounded annually.


Under the payout option, there is an element of reinvestment risk as the interest rate may not be as high as 8.70% going forward.
In the process you will also save taxes.

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

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

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Best Tax Saving Funds

Posted: 19 Jan 2012 08:02 PM PST

 

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available are:
1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver
--------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

Submit filled up application    Collection canter near you

Section 80CCF

Posted: 19 Jan 2012 06:58 PM PST

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

Best Tax Saving Mutual Funds 2012

Posted: 19 Jan 2012 10:30 AM PST

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax saving Mutual Funds available are:
1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

 

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

ING Mutual Fund merges ING Contra Fund with ING Dividend Yield Fund

Posted: 19 Jan 2012 09:57 AM PST

ING Mutual Fund has announced the merger of two of its fund namely ING Contra Fund with ING Dividend Yield Fund, with effect from February 24.

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

 

Infrastructure Bonds 2012 Tax Benefit

Posted: 19 Jan 2012 09:31 AM PST

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

PFS Infrastructure bonds 2012

Posted: 19 Jan 2012 09:11 AM PST

Invest in Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100 and earn returns in excess of 9% over long period of time 10 to 15 years.

 

Download Infra Bond Application form below.

 

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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

Invest in Tax Saving Mutual Funds (ELSS Mutual Funds) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Submit filled up application    Collection canter near you

 

ELSS Mutual Funds

Posted: 19 Jan 2012 08:45 AM PST

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also
---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

Submit filled up application    Collection canter near you

 

Infrastructure Finance Companies - IDFC, L&T, REC, PFC, IFCI, SREI, PFS

Posted: 19 Jan 2012 08:08 AM PST

WITH THE rush towards annual investment declaration for salaried employees round the corner, two infrastructure finance companies are looking to woo the retail investors, especially salaried employees, by launching their second tranche of tax-saving, longterm infrastructure bonds over the next one month.

While IDFC is looking to raise around Rs 4,500 crore at an interest rate of 8.7 per cent per annum, L&T Infrastructure Finance on Monday said it would look to mop up Rs 300 crore at a similar interest rate with an option to retain an oversubscription of up to Rs 1,100 crore.

IDFC is likely to announce its tax-savings, long-term infrastructure bonds in the next few days and rate of interest will be similar to what L&T Infra bonds are offering.

In its first tranche last month, L&T Infrastructure Finance had raised Rs 530 crore, while IDFC raised over Rs 500 crore at an interest rate of 9 per cent.

Compared with the first tranche, rate of interest rate is slightly lower in the second tranche, which is an indication that interest rates are peaking out.

The bonds will be open for subscription on January 10 and close on February 11, and are proposed to be listed on Bombay Stock Exchange.

The funds raised through the issue will be used towards infrastructure financing as infrastructure is a growing area, and see no problem in the next 5-10 years for good infrastructure projects.

Despite a slightly lower interest rate offering, yields look very good and would range around 11-18 per cent over 10 year period.

The second tranche bonds offer three redemption opportunities for bond holders. In the first option, bond holders can exit at the end of five years, the second at the end of seven years and third after 10 years at the time of redemption, the company said in a media release.

Salaried employees opting for these bonds will get the benefit under section 80CCF of the Income Tax Act. Any applicant applying for these bonds not over Rs 20,000 per annum, the aforesaid tax benefit shall be available only to the extent of Rs 20,000 per annum, the release said.

ICICI Securities, JM Financial Consultants and Karvy Investor Services are the lead managers of the issue.
 

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Application form for Tax Saving Long Term Infrastructure Bond  

 

Current open Long Term Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

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

Invest Tax Saving Mutual Funds Online

Mutual Funds Online

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

REC 80CCF Tax Saving Infrastructure bonds 2012

Posted: 19 Jan 2012 07:42 AM PST

Invest in Tax Saving Infra Bonds upto Rs 20,000 and Save tax under Section 80CCF. This is over and above Rs 1 lakh tax saving investment option available under Section 80C. You can save tax upto Rs 6100 and earn returns in excess of 9% over long period of time 10 to 15 years.

 

Download Infra Bond Application form below.

 

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

Application form for Tax Saving Infrastructure Bond and more information

 

Current open Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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

Invest in Tax Saving Mutual Funds (ELSS Mutual Funds) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

 

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