Prajna Capital |
- Save Tax with ELSS Mutual Fund Investment under Section 80C
- Taurus Tax Shield
- Tax exemption / deduction for home loan may be increased
- Tax Saving Mutual Funds
- UTI Mutual Fund New Fund - UTI Fixed Term Income Fund Series X VIII
| Save Tax with ELSS Mutual Fund Investment under Section 80C Posted: 16 Feb 2012 05:37 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 Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
| Posted: 16 Feb 2012 03:04 AM PST Taurus Tax Shield has left its rocky days behind to emerge as a stable, well-performing offering
In the days gone by, this intrepid offering was only for the bold. In 2006, it hit rock bottom (23/23) and in 2007, it topped the charts (1/26). Such a rocky ride does not make for a good recommendation. Having said that, the reason we are suggesting it is because it has left behind its erratic past to emerge as a much more stable player.
The fund's 2007 performance was the result of concentrated stock and sector bets and high exposure to mid- and small-cap stocks.
From the very next year, the portfolio's complexion changed. It transformed into a much more diversified offering. The number of stocks increased from 37 (2008 end) to 64 (October 2009). Do note that it was less than 20 during the heady days of 2007.
Allocation to the top five holdings was brought down to 15 per cent (December 2008) from 50 per cent (December 2007). All these moves along with the increased exposure to large caps and high cash positions helped the fund limit its fall to an average level in 2008.
This fund is truly a multi-cap offering. At the start of 2010, the large-cap allocation was a mere 22.22 per cent, a year later it was 61.51 per cent. In 2011, it crossed 80 per cent. Even though numerous funds have increased their large-cap exposure recently, Shetty puts down his reasons to "attractive valuations across large-caps in few sectors, lack of adequate risk-reward opportunities in the mid-cap basket and our internal assumption of relative underperformance for mid caps in the earnings down-cycle which happened recently". The fund churns its portfolio quite frequently resulting in a portfolio turnover which is amongst the highest in its category. "Churn for us is function of underlying market cycles. It goes up in a volatile market as it throws up many opportunistic buys," says Shetty.
After a fabulous run in 2007, it surprisingly fell in line with the category average in 2008 and put up a pretty good show in 2009. In 2010, the new fund manager took over and the fund delivered an average performance. The high allocation to mid and small caps was the culprit. Although Shetty increased the large cap exposure to average 42 per cent, it was way below the category average of 60 per cent.
A much more diversified portfolio and stable performances are now visible in this fund. However, the fund has an opportunistic bent which is evident in the frequent portfolio churn and strong market cap moves. If they don't play out, there will be hiccups in this ride though long-term investors have been rewarded. --------------------------------------------- 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 )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ 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
------------------------------------------------ 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 Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
| Tax exemption / deduction for home loan may be increased Posted: 16 Feb 2012 01:50 AM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form IN A bid to boost housing sector credit, the government is contemplating to enhance income tax exemption for up to Rs 3,00,000 paid as interest on housing loans in a year, from the existing limit of Rs 1,50,000. The government is considering to raise the tax deduction limit for housing loan in the coming budget, sources said. The budget is scheduled to be tabled on March 16. At present, a deduction of up to Rs 1,50,000 is available from taxable income towards interest on loan taken for house. Besides, borrowers can enjoy exemption on payment of principal amount. However, it is part of exemption to savings capped at Rs 1,00,000 per annum. With the property prices and interest rates rising with each passing year, there is need to revise the limit, sources said. In order to arrest the declining growth rate, the industry associations have demanded raising the tax limit ceiling for the housing loan. According to Ficci secretary general Rajiv Kumar, the exemption should be harmonised with the rising interest rates and increased to at least Rs 2,50,000. We recommended that the existing tax deduction limit on income E tax of an individ ual should be in creased from the existing level of Rs 2,50,000 to at least Rs 5,00,000. Of this, Rs 3,00,000 should be towards interest payment to offset the im pact of high interest rates, he said, adding the remain ing Rs 2,00,000 should be exclusively towards principal loan repayment as the present limit of Rs 1,00,000 is already over crowded with several other items. --------------------------------------------- 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 )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ 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 Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
| Posted: 15 Feb 2012 10:24 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 ( ELSS Mutual Funds )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
| UTI Mutual Fund New Fund - UTI Fixed Term Income Fund Series X VIII Posted: 15 Feb 2012 06:51 PM PST UTI Mutual Fund has launched UTI Fixed Term Income Fund Series X VIII (368 Days). The new fund offer will be closed for subscription on February 16. --------------------------------------------- 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 )
--------------------------------------------- Application form for Tax Saving Infrastructure Bond and more information Current open Infra Bond Application form
Submit filled up application Collection canter near you
------------------------------------------------ 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 Mutual Fund Application Forms Download Any Applications Buy Mutual Funds Online Invest Online Infrastructure Bond Application Forms Download Applications  |
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