Sunday, January 22, 2012

Prajna Capital

Prajna Capital


Top 8 ELSS Mutual Funds

Posted: 22 Jan 2012 03:21 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

 

Best ELSS

Posted: 22 Jan 2012 02:58 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: ( Best ELSS Funds )

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

Sundaram Mutual Fund new plan Sundaram Fixed Term Plan CJ

Posted: 22 Jan 2012 02:02 AM PST

Sundaram Mutual Fund has announced the launch of a new fund named as Sundaram Fixed Term Plan CJ. The new issue will be closed for subscription on January 30.

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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

 

 

 

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

Infrastructure bonds 2012

Posted: 22 Jan 2012 12:49 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

 

IDBI to sell Government bonds in retail

Posted: 21 Jan 2012 11:35 PM PST

You can buy them for a minimum of Rs 10,000, can avail loan on these bonds

Current open Infra Bond Application form

 

IDBI Bank has become the first commercial bank in the country to sell government bonds without any brokerage or commission to retail investors. The bank launched a government securities portal called the IDBI Samriddhi G-sec Portal which will buy and sell government bonds issued both by the central and state governments.

The government bonds, which are part of the bank's treasury book, will be the ones that are open for investment. The minimum quantum to be invested is Rs 10,000. Retail investors can also avail loans against these securities from the bank. The payments can either be done through a inter-account fund transfer by opening a saving bank account with the IDBI Bank or through the electronic fund payment system of the Reserve Bank of India (RBI).

The average volume of trade in the government securities market is Rs 27,000 crore and the retail participation market is less than one per cent. The lacklustre participation is due to limited point of sale for these bonds. The investor had to either approach a broker or invest through a mutual fund.

Melwyn Rego, execu tive director, IDBI Bank, said, "RBI during various policy pronouncements has been emphasising the need for banks to take necessary steps for providing the infrastructure for retail investors to make investments in government bonds. Retail investors having access to the internet and a demat account can now freely buy and sell government bonds through the portal. Retail investors, thus, get a rewarding opportunity to participate in the India growth story.

There will be no tax deduction at source for the interest earnings. However, it will be part of the taxable income for the investor.

NS Venkatesh, head of treasury, said, "We hope to be the market maker for the government bonds. The quotes for the bonds on the sale will be updated thrice a day as the investors will not see the real time movement in the bonds. It will be the first organised effort to channelise retail savings into government bonds. It will also provide an opportunity for retail investors to participate in the Indian government development work, because the government bonds are floated to raise money for various government programmes."

 
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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

 

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

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

 

SBI TAX Advantage Fund – Series II

Posted: 21 Jan 2012 08:59 PM PST

NFO Opens on : 22-Dec-2011

NFO Closes on   : 21-Mar-2012

Scheme Objective: The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies across large, mid and small market capitalization, along with income tax benefit

Mutual Fund Family: SBI Funds Management Private Limited

Fund Class:ELSS

Fund Type: Close-Ended

Investment plan: Growth

Entry Load: 0.00 %

Exit Load: 0.00 %

Minimum investment: Rs. 500
 

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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 ( ELSS Mutual Funds )

  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

 

 

------------------------------------------------
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 80CCF Tax Saving Infrastructure bonds 2012

Posted: 21 Jan 2012 07:11 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

 

Top 5 Tax Saving Mutual Funds in India for 2012

Posted: 21 Jan 2012 09:43 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

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

Franklin Templeton Mutual Fund launches fund of funds FT India Feeder - Franklin US Opportunities Fund

Posted: 21 Jan 2012 08:55 AM PST

 
Franklin Templeton new fund of funds for US equities
 

INDIAN investors can now take a call on US equities by investing in new fund that will invest in a $2.34 billion US fund.

Franklin Templeton on Tuesday announced the launch of a new open ended fund-of-funds called FT India Feeder - Franklin US Opportunities Fund.

The new fund offer will be open from January 17 to January 31. The fund will invest into the Luxembourg-domiciled Franklin US Opportunities Fund, which invests in US-based companies across sectors and market capitalisation range.

Launched in 2000, the master fund invests in US companies which have above average growth and profitability relative to the overall economy.

The fund has 89 stocks in its portfolio and 75 per cent of them are large cap stocks. This is first activelymanaged fund for US to be launched in India, Franklin Templeton officials said.  

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

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

 

 

Pharma stocks offer safety and upside for now

Posted: 21 Jan 2012 08:12 AM PST

 
Pharmaceuticals is among the most difficult industries to decipher. It's global, which means an understanding of the complexities of patent law is necessary.

It's technical and intellectual-property driven, so an understanding of the research and trial processes is also required. Many nations have specific drugpricing restrictions and the respective laws must also be taken into account.

Given all these, an understanding of the pharma industry's revenue streams, and an ability to distinguish long term or perennial performers in the drug portfolio from short-term opportunities is not easy.

However, the industry is usually among the more highly valued sectors, and it is an overseas revenue earner. What's more, unlike other exporters, drug demand isn't very cyclical, nor is it very dependent on the overall macroeconomic situation.

The Indian pharma industry, which is mostly generic drugs, is trading at a valuation premium to the overall market, with most stocks at price/earnings of between 17 and 22 times.

This is well below normal bull market valuations, which are usually in the 30 or higher PE zone. However, the industry has maintained its defensive reputation by outperforming the market. It is also at a valuation premium to its global peers.

Does the current situation make Indian pharma worth buying for the long-term? Nomura Securities thinks so, at least selectively.

In a recent advisory, the financial institution said Indian generics had several factors in their favour.

One was that the US patent expiries over the next two years would open up a new $56-billion product-specific market, and create new opportunities for Indian generic companies, which already have about 20 per cent market share in the US generics market. A weaker rupee would also help.

Second, India itself could see rising pharma penetration. However, as Nomura points out, there is a danger that more drugs would come under price control with the proposed National Pharma Pricing Policy 2011. Also, multi-national competition in the Indian generics market would probably increase, so the domestic opportunity might not be as high as it seems at first glance.

Nomura recommends 'buy' in Dr Reddy's, Lupin, Glenmark, Cadila Healthcare and Jubiliant Organosys. It is neutral on Sun Pharma and Cipla and recommends 'reduce' (that is, sell) on Ranbaxy. All eight stocks have seen substantial corrections, even as they have beaten the market.

The historical record shows the sector's consistent pattern of outperformance. In technical terms, pharma stocks do appear relatively safe. It is very likely that, given the overall situation, these stocks would not offer fabulous returns in the short-term. But, these could offer some safety as well as an upside over an 18-month period.
 

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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

 

 

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