Prajna Capital |
- What is the difference between Bond fund, Income fund and Gilt fund ?
- Goldman Sachs Mutual Fund - Goldman Sachs India Equity Fund
- MCX IPO
- Fidelity Tax Advantage
- Fund Management Responsibilities change in ICICI Prudential Mutual Fund
- Understanding Gold ETFs
- Franklin India Taxshield
- Bajaj Allianz Guaranteed Maturity Insurance Plan
| What is the difference between Bond fund, Income fund and Gilt fund ? Posted: 21 Feb 2012 03:33 AM PST What Are Bond Funds ?
Any mutual fund that invests only in bonds is called a bond fund. Hence, both income funds and gilt funds are types of bond funds. While gilt funds invest only in government securities, income funds invest in private company securities as well. Gilt funds as well as income funds can be of various types, depending on their maturity profile --------------------------------------------- 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  |
| Goldman Sachs Mutual Fund - Goldman Sachs India Equity Fund Posted: 21 Feb 2012 02:00 AM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form GOLDMAN Sachs Mutual Fund, the Indian mutual fund (MF) arm of the US financial major Goldman Sachs, has filed an offer document with the securities regulator for its first equity fund launch in India. Goldman Sachs India Equity Fund will be an open ended equity scheme with 80 to 100 per cent asset allocation to equities and up to 20 per cent allocation to debt securities and money market instruments. The scheme will be benchmarked to NSE's S&P CNX 500 index. This scheme will be the first equity fund floated by Goldman Sachs, apart from the already operational schemes that it acquired from Benchmark Mutual Fund, an ETF ( exchange traded fund ) provider. Goldman Sachs Asset Management, last March, bought Benchmark Mutual Fund, pioneers of ETFs in India. Besides ETFs based on Indian equities and gold, the fund house also has a ETF that tracks securities listed on Hong Stock Exchange that has been renamed as Goldman Sachs Hang Seng ETF . Though it had received capital market regulator Securities and Exchange Board of India's (Sebi) approval in 2008, the US fund house had not launched any scheme on its own till now. Total asset under management of Goldman Sachs Mutual Fund as on December 31, 2011 was Rs 4349.18 crore as per the data provided by Association of Mutual Funds in India, courtesy its acquisition of Benchmark MF's assets. It will be an actively-managed fund. "The investment objective of the scheme is to seek to generate long-term capital growth from an actively-managed portfolio primarily of equity and equity related securities," the offer document 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
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: 21 Feb 2012 12:45 AM PST Multi Commodity Exchange of India Ltd (MCX) is going for the pubic issue of its shares between 22nd Feb 2012 to 24th Feb 2012. The issue is priced between Rs.860 to Rs.1032.
--------------------------------------------- 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: 20 Feb 2012 11:38 PM PST It's pretty much as safe as you can get when opting for an equity fund with a tax benefit. The fund portrays itself as one that will not excite during bull runs but will certainly not crumble like a pack of cards. Since its launch, of the total 11 quarters in which the category has been in the red, the fund has curtailed its fall to a lower level than the average in 10 of them. Come 2010 and the fund proved that it was no bear market bellwether. Out of 37 funds, it was the second best performer.
When Kothari analyses a stock, he makes his call based on its fundamentals, valuations and his understanding of the growth outlook. Even if the stock is having a great run, he may not hop onto that wagon. Metals, for instance, had a great run in 2007 and 2009 while his exposure was limited to around 5 per cent. But Kothari is quick to point out that he has nothing against any sector per se. The fund is a go-anywhere fund with no market cap, sector or style bias. This means that the fund can look for the best ideas and invest in them irrespective of the market environment. Agreed, but there is no denying the strong bent towards Financial Services. He views it as a proxy to the overall growth in the economy since India has a low penetration of financial services and the potential to grow and compound returns over the long-term are enticing.
Kothari is a bottom-up stock picker who tries to avoid making short-term trading calls..
The portfolio construction does give the impression that the fund manager appears to err on the side of caution. Along with a large-cap bias, the portfolio is extremely well diversified. The number of stocks has averaged around 65 (over the past year) with allocation to the top five averaging around 24 per cent. Apart from Reliance Industries, allocation to a single stock has rarely exceeded 6 per cent and numerous stocks have an exposure of less than 1 per cent. When smaller stocks rally, this large-cap dominated portfolio could get left behind. Also, should Financial Services' stocks get beaten down, this fund could lag behind its peers. --------------------------------------------- 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 IRFC Tax Free Bonds forms below Download IRFC Tax Free Bond Application Forms Submit the filled up form to 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  |
| Fund Management Responsibilities change in ICICI Prudential Mutual Fund Posted: 20 Feb 2012 10:41 PM PST
ICICI Prudential Mutual Fund has reshuffled the fund management responsibilities of 13 equity as well as debt schemes, with effect from February 1, 2012. The schemes and their new fund managers are.... --------------------------------------------- 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 IRFC Tax Free Bonds forms below Download IRFC Tax Free Bond Application Forms Submit the filled up form to 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  |
| Posted: 20 Feb 2012 09:40 PM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form Download REC Tax Free Bond Application Forms
All gold ETFs are similar to one another. The way the function, the way they deduct expenses, etc is the same for all gold ETFs and has no bearing on their performance. Hence, you can invest in any gold ETF. Gold ETFs are completely different from funds in the sense that you are basically buying gold in paper form. A gold ETF allows you to ride the price of gold, they are available in the denomination of 1 gram or 1/10th of a gram. The prices of a gold ETF goes up exactly in line with the gold prices, expect that on an annual basis, they charge an expense of 1.5 per cent. So if you hold a gold ETF for a year, assuming that gold prices go up by 20 per cent, the value of your ETF holdings will be up by 18.5 per cent. To buy a gold ETF, you need a demat account.
The gold spot market is a commodity exchange. It has nothing to do with mutual funds. To buy gold on a commodity exchange, you will need to open an account with a broker. But keep in mind that when you buy a contract on a commodity exchange, you don't get physical delivery of that commodity. You just participate in the price fluctuations of that commodity. --------------------------------------------- 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  |
| Posted: 20 Feb 2012 08:03 PM PST
Franklin India Taxshield is a large-cap Fund
This fund is great if you don't want to be too crushed when the market dives. It won't give you an exciting ride when the bulls are rallying, but its excellent downside protection capabilities have resulted in a competitive track record.
Take a look at the returns during the market rallies of 2007 and 2009. This fund delivered slightly lower than the category average. But in 2008 it was the third least hit fund in the category. In 2011 too it managed to find itself at the top of the ladder.
The fund manager claims to adhere to a bottom-up approach and looks for companies whose current market price, in his opinion, does not reflect future growth prospects. "We choose companies that have identifiable drivers of future earnings growth and that present, in our opinion, the best trade-off between earnings growth potential, business and financial risk, and valuation. We also consider such factors as the company's financial strength, management's expertise, the company's growth potential within the industry, and the industry's growth potential," says Radhakrishnan.
The result of his analysis seems to favour large-cap companies. Exposure to large caps has averaged around 70 per cent since launch while it has not gone above 10 per cent in small caps in its entire history of around 11 years. According to Radhakrishnan, "The fund follows a diversified strategy with respect to industry as well as market capitalization. We don't look at the market cap of a stock before investing. The fund has not hesitated to pick up mid- or small-cap ideas where it perceives favourable long-term potential."
Don't expect this fund to chase sectors which are the flavour of the season. In 2007 it remained underweight in Oil & Gas and Power, the top performing sectors. In 2009, allocation to Auto averaged just 3 per cent, a year in which the BSE Auto performed extremely well. To add to it, allocation to FMCG dropped to below 10 per cent - BSE FMCG delivered the lowest among sector indices that year.
What you will find here is a large-cap oriented, quality portfolio where the fund manager refrains from strong cash calls. The portfolio appears more concentrated than its peers but is not more aggressive. The fund doesn't deviate much from the average in terms of performance and is among the least volatile funds in its category. Its ability to stem the downside is its trump card. And that makes it stand out in the long run.
--------------------------------------------- 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  |
| Bajaj Allianz Guaranteed Maturity Insurance Plan Posted: 20 Feb 2012 06:44 PM PST Tax Saving Mutual Funds Online Current open Infra Bond Application form
The unique selling proposition of the guaranteed maturity insurance plan is that it is the lowest single premium unit-linked insurance policy (Ulip) available in the country now, according to the company.
The company promises a maturity of at least 200 per cent of the amount invested, apart from life cover through the en tire 10-year tenure of the product. There are no allo cation charges and 100 per cent of the single premium l into paid by the investor goes the unit account. The term of the product is ten years and it allows partial withdrawal after five years. The premium paid would be invested in a guaranteed bond fund, which would invest in a mix of debt and debt-related securities.
However, like what most financial planners insist, a Ulip can not replace an insurance cover as sum insured is very less. For someone investing Rs 50,000 in this product, the sum insured in case of his death after, say three years, would only be Rs 62,500 if he is less than 45 years old, and only Rs 55,000 if he is over 45 years of age. --------------------------------------------- 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  |
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