Sunday, February 5, 2012

Prajna Capital

Prajna Capital


AEGON Religare Life - Educare Plan

Posted: 05 Feb 2012 06:04 AM PST

Tax Saving Mutual Funds Online

Current open Infra Bond Application form



In the last few months, the life insurance space has seen a series of products targeted at parents who want to create acorpus for their kids' education. While child plans have always been the money-spinners for insurers given the emotions involved, this time, they are being sold on the traditional, and not the unitlinked, platform.


Recently, private life insurer AEGON Religare, too, has launched a child endowment plan, that offers prefixed pay-outs during the last four policy years. According to the company, it is aimed at parents intending to build a kitty to fund their children's higher education costs.

KEY FEATURES

The product offers two options for the life assured (parent) to choose from with respect to death benefits. Under the first option, the sum assured and accrued bonus then will be handed over to the dependent (child), with guaranteed pay-outs flowing in during the last four years. The second option, in addition to the benefits offered under option 1, undertakes to provide 10% of the sum assured to the nominee, every year, till the end of the premium payment term.


The product comes with an in-built waiver-of-premium benefit. This apart, the policyholder can opt for accidental death, disability, dismemberment (ADDD) rider benefit too.


The policyholder can select from three policy terms of 12, 16 or 20 years with a premium payment term of 8, 12 or 16 years, respectively. The minimum age at entry is 20 years, while the upper limit is 63, 59 or 55 years, depending on the tenure of the policy. The maximum age at maturity is 75 years. The minimum sum assured is Rs. 1,00,000. Against the policy, the insured can also take a loan if required of up to 60% of the surrender value.


The plan may interest parents who are convinced about the insurance-cum investment concept and seek comfort in the secure returns promise.

The key area of concern in endowment plans is their opaque charge structure. Also, since these traditional products do not invest in equities as such, their return generating ability is limited.

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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

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

IDBI Mutual Fund - IDBI Dynamic Bond Fund

Posted: 05 Feb 2012 02:43 AM PST

The fund will invest in high-quality paper that also have enough liquidity in the market

TO CASH in on the investor frenzy on debt products, IDBI Mutual Fund, the mutual fund arm of IDBI Bank, on Monday announced the launch of IDBI Dynamic Bond Fund, a diversified, actively managed, open ended debt scheme that would invest in debt and money market instruments to generate optimum risk-adjusted returns.

The new fund offer (NFO) which is open for subscription from January 31 to February 14, comes at a time when debt is the flavour of the season and retail interest in debt investment is catching up.

The fund has not set any limit for investment in any particular debt or money market instrument so as to take advantage of the emerging market situations, while moving investments from one instrument to another in a dynamic manner. This flexibility in portfolio composition will generate optimum risk-adjusted returns making this scheme relevant under all market consitions.

Talking about the possibility of a good return in high interest rate regime, The fund would make capital gains once the Reserve Bank of India (RBI) starts cutting interest rate, besides the income from the coupon rate.

The fund will allocate 100 per cent of the inflows in government securities, treasury bills, PSU bonds and corporate bonds across various maturities. However, the fund will invest in high-quality paper that also have enough liquidity in the market.

The investment objective of the scheme is to generate income, while maintaining liquidity and asset quality through active management of a portfolio comprising of debt and money market instruments.

The fund is benchmarked to Crisil Composite Bond Fund Index.

Investors will have to pay one per cent for exit within one year from the date of allotment. The allotment in the scheme after the closure of the NFO will be done on February 22.
 

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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

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

Income Tax 2012

Posted: 05 Feb 2012 12:29 AM PST

Slab 1

Upto Rs 1.6 Lacs Tax Rate NIL for Men;

Upto Rs 1.9 Lacs Tax Rate NIL for Women;

Upto Rs 2.4 Lacs Tax Rate NIL for Senior Citizen;

Slab 2
Rs 1.6 Lacs to Rs 5 Lacs Tax Rate 10%

Slab 3
Rs 5 Lacs to Rs 8 Lacs Tax Rate 20%

Slab 4
Rs 8 Lacs onwards Tax Rate 30%

 

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

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 HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

New Fund Manager for UTI Mutual Fund

Posted: 04 Feb 2012 11:33 PM PST

 

Mr. Arpit Kapoor has joined UTI Mutual Fund as dedicated Fund Manager for investments in ADRs/GDRs/Foreign Securities of all domestic schemes launched or to be launched by the Fund House.
 
 

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

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

Principal Mutual Fund - Fund Manager Change

Posted: 04 Feb 2012 10:45 PM PST

 

Principal Mutual Fund has appointed Mr. Pankaj Jain as Senior Fund Manager of Fixed Income schemes. Now, he will manage or co-manage all the fixed income schemes.
 

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

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

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

80CCF Tax Saving Infrastructure bonds 2012

Posted: 04 Feb 2012 07:29 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

 

List of ELSS Mutual Funds

Posted: 04 Feb 2012 06:22 AM PST

ELSS Stands for Equity Linked Savings Scheme.
 
ELSS Fund are mutual funds with 3 years of lock in period and offer income tax benefit under section 80C. They are open ended to purchase. Not all Mutual fund Investments are eligible for tax exception.

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