SEO Simplified By Gabs Gaurs &amp; Geets

KEEPING in mind the propensity of Indians for being underinsured, and the country having one of the highest ratios of privately paid for health services, Apollo Munich Health Insurance has launched a new mediclaim policy that will pay claims even after you have exhausted the sum insured limit for the year. The scheme called 'Optima Restore' reinstates the basic sum insured in case a customer exhausts the amount up to which he can file for hospitalisation claims in a policy year.

Antony Jacob, chief executive officer at Apollo Munich Health Insurance, said, Assuming you have an individual or a family floater policy of Rs 3,00,000, and during any sickness, you exhaust your full sum insured, we will restore the entire sum insured at no extra charge, so that you or your family can remain covered against any other illness till the end of the policy term

However, there is a catch.

You cannot, in the same year, make further claims under the restore benefit for diseases, which were already paid for once. That means, you will not be insured against the same sickness again in that year, although, claims for those diseases in the second year can well be made.

In the scheme, the company increases the basic sum insured by 50 per cent as a no-claim bonus in case of a claim-free year. In case, you don't claim even in the second year, the insurer gives another 50 per cent of the original basic sum assured as a further no-claim bonus. Other insurers normally give a no-claim bonus of between 5 to 10 per cent of the basic sum assured as a no-claim bonus and have a cap of maximum 50 per cent bonus on the sum assured.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Mirae Asset Mutual Fund CEO Change

Submit filled up application Collection canter near you

Posted: 18 Apr 2012 05:14 AM PDT

Invest Mutual Funds Online

Transact Mutual Fund Online

Mirae Asset Mutual Fund has appointed Mr. Jisang Yoo, currently Chief Financial Officer (CFO), as the Chief Executive Officer (CEO) with immediate effect. He will replace Mr. Arindam Ghosh who was there since its inception.

Mr. Jisang Yoo holds an MBA Degree from University of Rochester, New York & Bachelor Degree in Economics. He has over 10 years of financial services experience including five years plus in asset management business. However, since 2009, Mr. Yoo has been associated with Mirae Asset India.

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

Invest Mutual Funds Online

Download Mutual Fund Application Forms from all AMCs

Templeton India Income Opportunities

Some of the Top performing Mutual Funds are

HDFC Top 200 Fund

ICICI Prudential Dynamic Plan

DSP BlackRock Top 100 Fund

Birla Sun Life Front Line Equity Fund

Reliance Equity Opportunities Fund

IDFC Premier Equity Fund

SBI Magnum Contra Fund

Sundaram Select Midcap

UTI Dividend Yield Fund

Posted: 18 Apr 2012 04:44 AM PDT

Invest in Mutual Funds Online

Transact Mutual Fund Online

Short history, excellent performance and huge asset base are the marks of this fund. The fund has outperformed its peers in 65 per cent of the months of its existence. It has never delivered a negative return in any month, though the category has found itself in negative territory twice over the same period. The fund has the flexibility to invest across the yield curve. The strategy is not to take undue credit risks but more of a call on spreads. Since launch it has mainly witnessed a rising interest rate scenario and is yet to witness a full interest rate cycle.

However, we don't have much doubt as to its caliber. The fund has largely kept its average maturity on the lower side when compared to its peers and has moved within the range of 0.91 years and 2.26 years since launch. This has helped in certain instances when yields moved up. But in December 2011, when yields dropped, the fund gained much less than the category average. The expense ratio is in line with its category average.

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

Invest Mutual Funds Online

Download Mutual Fund Application Forms from all AMCs

BNP Paribas Mutual Fund Change in Fund Manager

Some of the Top performing Mutual Funds are

HDFC Top 200 Fund

ICICI Prudential Dynamic Plan

DSP BlackRock Top 100 Fund

Birla Sun Life Front Line Equity Fund

Reliance Equity Opportunities Fund

IDFC Premier Equity Fund

SBI Magnum Contra Fund

Sundaram Select Midcap

UTI Dividend Yield Fund

Posted: 18 Apr 2012 04:12 AM PDT

Invest in Mutual Funds Online

BNP Paribas Mutual Fund has appointed Mr. Puneet Pal, currently Deputy Head - Fixed Income, as the Head - Fixed Income from April 1, 2012.

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

Invest Mutual Funds Online

Transact Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Some of the Top performing Mutual Funds are

HDFC Top 200 Fund

ICICI Prudential Dynamic Plan

DSP BlackRock Top 100 Fund

Birla Sun Life Front Line Equity Fund

Reliance Equity Opportunities Fund

IDFC Premier Equity Fund

SBI Magnum Contra Fund

Sundaram Select Midcap

UTI Dividend Yield Fund

LIC Nomura MF Bond

Posted: 18 Apr 2012 02:57 AM PDT

A consistent track record at a lower cost is hard to beat. In 12 years, this fund has underperformed the average thrice, that too by a small margin. Over the past three years, its annual performance has been top quartile. During turbulent times, it holds its own. In the quarter ended March 2009, for instance, the unexpected rise in yields caused the fund to deliver 1.02 per cent (category average: -3.88%). The fund's mandate permits the asset allocation in debt and money market instruments to vary depending on the fund manager's view. Yet, it tends to not deviate much from the average. The only time the maturity exceeded 10 years was in November 2008 (11.48 years).

The fund prefers corporate bonds and debentures and generally restricts exposure to G-Secs which have not made an appearance in the portfolio since mid-2010. Interestingly, the fund tends to hold certain securities, such as debentures of REC and IRFC, for years.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Bond prices up despite tight cash conditions

Submit filled up application Collection canter near you

Posted: 18 Apr 2012 02:08 AM PDT

BOND prices stayed on the ascent through last week with the inflation on the reversal and mounting risk aversion among the banks and funds.

The rise in the bond prices was despite the tight cash conditions. The price of the benchmark 8.79 per cent sovereign bond falling due in 2021 rose to Rs 102.44 (par value Rs 100) last week end translating into a yield of 8.42 per cent.

The previous weekend this security was priced at Rs 101.78 (8.51 per cent).

Last week's yield brought the security within the Reserve Bank of India repurchase rate band. The yield retreats were also triggered by RBI comments that a reversal in policy rates could be considered, though the statement came with the rider, that inflation risks remained. Yet most traders ignored the riders and instead pushed down yields.

Bank economists agreed and said there was little the RBI can do at this juncture.

This is especially in an environment where growth had already slowed down. Canara Bank's chief Economist Manoranjan Sharma said, The risk of inflation remains, particularly from imported commodities,

particularly energy. Energy imports pass through will impact prices across all commodities." The soft bond yields were despite the high bank overnight borrowing from the RBI last weekend of Rs 1.17 lakh crore, far beyond the comfort zone of the RBI. Last weekend the borrowings were close to 2 per cent of the aggregate deposits as against a ceiling of one per cent and comfort zone of just 0.5 per cent.

The main source of the cash deficit bankers was from the high government borrowings. Government's ways and means advances from the RBI till December 09 was Rs 34,717 crore.

The high cash deficit has prompted speculation that the central bank was likely to follow up the pause in rate hikes with liquidity easing measures. ING Vysya bank's economist, Upasana Bharadwaj said, "We expect the RBI to support its ongoing open market purchase programme with a Cash Reserve Ratio cut of 25 basis points in the March meeting. However if the European crisis were to worsen substantially, the action may be sooner." Risk aversions in the markets remained a dominant drive of sovereign bond prices. A trader said, "For the moment there are no safe investment avenues. Credit at the moment is high risk and we banks are conserving capital for the moment."

The aversion to credit was apparent from the low non-food credit off take this year so far. Non-food credit was Rs 2.76 lakh crore this year so far or about Rs 65,000 crore lower than the corresponding period of last year. Deposits on the other hand grew by over 1.5 lakh crore for the year. The increase deposits also contributed to a demand for government securities for meeting the statutory liq uidity ratio (SLR) obligations. SLR is the mandated investments of banks in government securities as a component of their deposits. Last week alone banks raised Rs 17,400 crore through issue of certificates of deposit.

Bulk of the credit off take presently was from working capital draw down by public sector refineries.

Refineries drew down their credit limits for meeting payment obligations to crude suppliers. With limited supplies of dollars, with exporters postponing inflows, the RBI was forced to act, by imposing controls on cancellation and rebooking of forward contacts. This was expected to provide some respite to the foreign exchange markets. The move was also followed up by deregulation of non-resident rupee deposits. The move would now allow NRIs to obtain competitive rates on their domestic savings and at the same time improve the flow of foreign currency into the markets.

However, Rupee continued to remain under pressure as downside risks mounted. The mounting downside risk was from low foreign inflows. Traders said that real yields in the countries, like Italy, Spain and Portugal that have low risk credit risk ratings are upwards of 3 per cent.

India despite being at the bottom of the investment risk pyramid has a negative yield of over per cent.

The pressure on rupee showed up in firm forward premia that remained. One month premium at 7.67 per cent (Rs 53.15) was the highest since the beginning of this year. So was the three month premia. Non-deliverable forward (offshore trading in rupees where settlement is in dollars) was lower than the domestic spot rate at Rs 52.70 the dollar, indicating some inflows in the coming weeks.

Yet despite the possibility of some inflows, oil and year end settlement payments was likely to exert pressure on exchange markets.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Change in Fund Manager Escorts Mutual Fund

Submit filled up application Collection canter near you

Posted: 18 Apr 2012 01:11 AM PDT

Consequent to the resignation of Rajat Budhiraja and Jagvir Singh Fuzdar, Escorts Mutual Fund has appointed the following fund managers :

Mr. Anuj Jain has been appointed as the fund manager of all the debt schemes and debt portion of equity schemes of Escorts Mutual Fund in place of Mr. Rajat Budhiraja, with effect from December 1, 2011.

Mr. Archit Singhai has been appointed as the equity fund manager of all the equity schemes of Escorts Mutual Fund in place of Mr. Jagvir Singh Fuzdar, with effect from December 12, 2011.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Have two demat a/cs for passive, active investments

Submit filled up application Collection canter near you

Posted: 17 Apr 2012 10:13 PM PDT

Instead of considering volatility as an investor's enemy, we must accept it as the norm of the day and use it in the best interests of our portfolio

WEALTH WISE WE ALL hear it often and know very well that long-term investment in stock markets has the best possible chance to deliver better returns when compared with most other investment products. This theory is then supported by throwing up the names of a few most successful investors in the world. If in case, we ask these investors to repeat their performance, how many can actually do it is a big question in itself.

There is no intent to question their success here, but times have changed and the way information flows has changed too.

Earlier, an Indian investor may not have been bothered about rest of the world and even if he were bothered, the flow of news would not be as rapid as today. We often hear about stalwarts not having a system on their desk, but, can the same strategy be adopted today?
Instant information: These days we are bombarded with information, although, much of it may be unwanted. We are in the age of television, SMSes and micro-blogging sites, like Twitter, which keep us just few seconds away from news in any part of the world. All news affect stock prices and the latest trend is the increasing number of issues cropping up on the corporate governance side. Don't you think managements were more honest 10 years ago, than they are today? Considering these points, one can be certain that the markets are much more volatile than earlier times and would remain much more volatile over the coming years.

Instead of considering volatility as an investor's enemy, we must accept it as the norm of the day and use it in the best interests of our portfolio. It is this volatility that is helping long term investors buy stocks cheap and the same volatility is attracting more investors to trading.

There is no single investment strategy that can be considered as the best bet, and, hence, every strategy would have its own advantages and disadvantages, or else making money would have been much simpler.

Market volatility: Volatility is attracting even long-term investors to engage in trading, which is not a good sign. The major problem, here, is that most investors invest in the markets not knowing why they are actually investing. Consider this: A person may have been investing regularly in the market and may have built up a fund, but, if today, he requires some money, say to buy a car, he most probably would withdraw the savings and start spending regularly towards running costs. Had this investor's financial planner attached a goal to this particular savings by saying, This investment is for your child's education, the very same investor would have thought a hundred times before dipping into this fund due to the sentimental reasons attached to it, which is his kid's education! So it is neither wrong nor right if one wants to invest and trade as well in the market. Controlling oneself from trading has become difficult for investors these days, and most investors whom we meet, lack patience, which is the most critical part in investing. We often tell our investors, in markets, if you don't be patient you would soon become a patient, and, frankly, these words often fall on deaf ears.

As said earlier, there is no fixed "best strategy", and, hence, any strategy, which can earn profits for an investor, can be considered.

Investment strategies: The most common strategies, which most investors are also aware of, are: First, passive investment strategy, and the second, an active investment strategy. Investors, who neither are pure long-term players nor pure traders, can divide their portfolio into two within a demat account. Or, if having self-control within one demat account is not possible, one may go for two demat accounts also.

Hence, one could be a passive account and the other could be an active account. In a passive investment strategy, one tries not to time the market. Timing the market is one thing that every investor likes to give a shot at, but knowing well that timing is not possible, investors still attempt it! Some people mistake their few success stories in timing as their skill. This account can be termed a "core portfolio".

In an active investment strategy, one tries to move along with the market, and, hence, may shift from cash to assets and vice-versa, quickly depending upon the market direction and headwinds. It is a dynamic portfolio, which moves along with the market just like how a satellite moves along with the earth, and, hence, can be named a "satellite portfolio".

Investments in the core port folio should have a long-term vision. Each investment will be linked to a specific goal in life, and, hence, would try to invest in safer stocks, better managed mutual funds, tax-efficient in vestment products and debt instruments, after considering the risk profile of the investor and the time duration of each of his goals in life. The core portfolio will have a lower churning ratio, and, hence, would also be cost effective for the investor. An asset would enter a core portfolio after full understanding of the reason and the fundamentals. An investor can exit the portfolio if the goal has been achieved or the fundamentals on which it was bought itself have changed. Hence, there may be total withdrawal of the asset if the goal is achieved, or, the asset valuations warrant a sale, or, the asset may be liquidated in order to introduce a new one in the portfolio.

After asset allocation has been done towards each life goals in the core portfolio, the investor can invest the balance funds in the satellite portfolio. A satellite portfolio is more aggressive and churns the assets actively as per the market sentiments in order to generate a bigger alpha. A satellite portfolio, thus, offers the opportunity to quickly take advantage of short-term price movements, and, thus, is near-term focused, unlike a core portfolio. An investor may wish to try all his trading skills in a satellite portfolio, hence, clearly demarking the safer investments from riskier bets. If the satellite portfolio is, indeed, able to deliver better returns, then, the overall investment returns on the investor's funds -core + satellite -would help him create that extra cash flow, which many of us look forward to.

Even in case all the strategies in the satellite portfolio go wrong, and losses have to be suffered, the investor need not panic because the goals are already secure in the core portfolio. This strategy shall work in all type of market scenarios if followed diligently. It is a human being who has to finally fix the rules.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Principal Mutual Fund - Change in Fund Manager

Submit filled up application Collection canter near you

Posted: 17 Apr 2012 09:01 PM PDT

Principal Mutual Fund has re-assigned the fund management responsibilities as follows, with effect from December 16, 2011:


	Funds		New Fund Manager		Old Fund Manager

Principal Large Cap, Personal Tax Savings, Smart Equity		Mr. Anupam Tiwari		Mr. Rajat Jain

Principal Dividend Yield		Mr. Dhimant Shah		P V K Mohan

Principal Retail Equity Savings		Mr. Rajat Jain		P V K Mohan, Gurvinder Singh Wasan

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Good time to Invest in MIPs

Submit filled up application Collection canter near you

Posted: 17 Apr 2012 07:46 PM PDT

Long-term bonds may rally soon as rates are likely to be lowered. MIPs can return up to 12% if equities also join the party

Monthly income plans, or MIPs as they are popularly known, are in bad shape. According to Value Research, an independent mutual fund tracking agency, mutual funds in the hybrid-debt-oriented conservative category, under which most MIPs fall, delivered an average returns of 3.03% in the past year.
The weak performance by these schemes can be primarily attributed to the fall in the stock markets, as all these schemes have some exposure to equities. But, hereon, these schemes can deliver for an investor with an investment horizon of at least two years. He is not alone. Many other experts also say investing in MIPs now can be a good bet in the long run.

Why MIP ?

MIP is a marginal equity product, which works for conservative investors who are comfortable investing a small component of their money in equity. By investing a very small portion of the investment in stocks and the rest in high-quality fixed income instruments, MIPs mostly limit the downside. They further offer an opportunity to participate in the upside when equities rally.

MIP is a good solution for those who cannot invest in two different schemes – a bond fund and an equity fund — on their own and rebalance their portfolio regularly. MIP not only gets the asset mix right but also rebalances the portfolio from time to time.

Dividend payouts are not guaranteed, but fund houses make it a point to maintain consistency in dividend distribution so that investors can use MIP to cater to their income needs, too. But the schemes will deliver only if the macro-economic environment is right.

There is good news on the debt front. The recent monetary policy of the Reserve Bank of India offered ample hints that things on the macro-economic front are falling in place. The central bank has maintained status quo on policy rates. This is a clear signal for fixed income investors looking to put their money in long-term papers to lock in yields and sit peacefully.

Over the past year, rising interest rates made most fund managers invest mostly in short term papers since the prices of long-term bonds fall when rates rise. If inflation were to come down as projected by the RBI, there is a fair possibility of a rate cut over the next year, which would mean better returns from long-term papers. Since MIPs have most of their money in fixed income instruments, they would benefit from such a scenario.

However, the party could be spoiled by equities, which have moved south over the past year. The S&P CNX Nifty has lost 20% in a year. Experts think most of the negatives are priced into equities. The current valuations enjoyed by equities are decent and can add a kicker to returns offered by MIPs. An investor with two to three-year horizon can reasonably expect 10% to 12% annualised returns.

Risks

Though the time is ripe for investment in MIP, one should never blindly commit money to such schemes. There are risks involved, which can result in suboptimal returns, as highlighted by the recent poor performance of MIPs. The risks are primarily due to the equity component, which could range from 5% to 25% in an MIP portfolio. Take, for example, a scheme that invests 75% of its money in fixed income investments and the remaining in equities. Now, say, the fixed income investments deliver 10% returns over a year and that the equities component loses 10%. The scheme as a whole would have, therefore, delivered just 5% returns. If you deduct the expense ratio of 2.5%, you are left with just 2.5% as returns for an entire year.

The fixed income portfolio of an MIP is also not completely safe. Though the fund manager invests in highly-rated instruments to minimise credit risk, many fixed income portfolios face interest rate risk. In a rising interest rate scenario, a fixed income portfolio comprising long term bonds will offer lower returns, as bond prices will fall

Fixed income as an asset class looks set to be in for good times and equity valuations also appear attractive, but don't jump in to invest in MIPs. First, ascertain your risk-taking ability and your returns expectations.

If you are a conservative investor and expect returns of 9% to 10% over one or two years, then you would be better off investing in schemes that restrict their exposure to equity to 5%. If equities see a rally in the interim period, you can expect higher returns. If you can stomach volatility, then you can look at MIPs with 25% equity exposure. These schemes may be volatile in the short term, but can help you pocket double digit returns over the next couple of years.

Savvy investors can further boost their returns by looking at the fixed income portfolio of an MIP. Invest in the long-term plan of an MIP or look at MIPs with fixed income portfolios with high average maturity to benefit from a possible rate cut next year. As interest rates come down over the next couple of years, one can pocket annualised returns of 12% to 13.

In such schemes, returns will come from two components in the fixed income portfolio — the periodic coupon received by bonds and, secondly, capital appreciation from a rise in bond price when interest rates fall. A word of caution: such funds can be volatile in the short-term. If inflation does not come down in a secular manner and there are spikes in between, the long-term bond yields may soar, leading to a fall in bond prices, and, ultimately, putting pressure on the returns from an MIP portfolio.

If you are a long-term conservative investor looking to invest some of your money in equities and allocate most of it to fixed-income instruments, then opt for the growth option of an MIP. If, on the other hand, you are looking for regular income, then choose the dividend option. You can opt for monthly, quarterly, or yearly dividends, depending on your needs.

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Submit filled up application Collection canter near you

HDFC Platinum Deposits

Posted: 17 Apr 2012 10:29 AM PDT

HDFC Platinum Deposits

With consistent performance for over three decades, HDFC Ltd. has earned its credibility from over 10 lakh depositors.

Interest Rates – 9.5 -10% for Individuals, 0.25% extra for Senior Citizens

Minimum Amount – INR 20,000

Duration – 15, 33, 60 months

Options

Ø Monthly Income Plan - monthly interest payout

Ø Non-Cumulative Plan – quarterly/ half yearly

Ø Annual Income Plan – yearly

Ø Cumulative Plan – lump sum

Ø Best Option – Platinum Cumulative option for 15 months with 10%/pa Interest rate.

Depositor can benefit from -

1. Highest Safety - AAA rating from both CRISIL and ICRA for 17 consecutive years

2. Attractive & Assured Returns

3. A wide range of deposits products to choose from

4. Quick Loan against Deposit facility

Resident Individual Investors

Depositors can choose from a wide range of deposit products with maturities ranging from 12 to 60 months at competitive rates of interest and with different features to suit the investment needs of individuals. Senior citizens who are 60 years and above are offered an additional 0.25% p.a. on all deposit products

NRIs

Deposits from Non-Resident Indians and Persons of Indian Origin resident outside India holding PIO Card are accepted in accordance with the regulations governing the acceptance of deposits from NRIs. Depositors can choose from a wide range of deposit products with maturities ranging from 12 to 36 months at competitive rates of interest and with different features to suit investment needs of individuals. Senior citizens who are 60 years and above are offered an additional interest of 0.25% p.a. on all deposit products

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

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

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

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

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

HDFC TaxSaver

ICICI Prudential Tax Plan

DSP BlackRock Tax Saver Fund

Birla Sun Life Tax Relief '96

Reliance Tax Saver (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund

SBI Magnum Tax Gain Scheme 1993

Sundaram Tax Saver

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

Application form for Tax Saving Infrastructure Bond and more information

Submit filled up application Collection canter near you

DSPBR Micro Cap

Posted: 17 Apr 2012 09:50 AM PDT

DSPBR Micro Cap has delivered handsomely during rallies

It certainly is the king of good times. Launched as a closed-end fund, it has delivered impressively during market rallies.

Unfortunately, it does not stand tall during market downturns. In 2008, DSPBR Micro Cap lost 63.35 per cent (category of closed-end funds: -62.46%). That year the 'Equity: Mid & Small Cap' category of open-ended funds fell by 60 per cent. So while the performance of DSPBR Micro Cap was not abysmal, do keep in mind that it held an average 21 per cent in cash and debt for the last eight months of the year.

This year too (as on October 31, 2011), the fund has lost close to the category average but has not gone too aggressive on cash bets or resorting to debt.

In 2009, the fund delivered an astounding 115.82 per cent, beating most of its mid and small cap peers. In June 2010 it turned open-end and grabbed the top position that year.

The fund manager maintains a fairly diversified portfolio of around 47 stocks (average over the past year) with allocation to a single stock rarely crossing 5 per cent. As a result, the top five holdings account for just 24 per cent of the portfolio. Allocation to a single sector has rarely crossed 20 per cent.

Yet, with a focus towards smaller fare, it is still among the riskiest bets in the category and likely to get hit harder during bear phases. The investment universe are companies that are not part of the top 300 stocks by way of market capitalization. Currently, the weighted average market capitalization of the fund (Rs 1,400 crore) is the lowest in the category. The portfolio holds stocks with market capitalization ranging between Rs 114 crore and Rs 7,155 crore. It has the third highest allocation (in its category) with around 77 per cent to small caps which has even gone up to 92 per cent (January 2009).

The fund seems to follow a strategy of target based investing and has the highest turnover ratio. It frequently churns its portfolio as it enters and exits stocks in a short period of time. A relatively smaller size (Rs 467.77 crore) helps. Of the total 296 stocks that have appeared in the fund's portfolio since its launch around half of them (143) have appeared for less than six months.

If you want to take exposure to smaller stocks and are willing to live with the inherent risk, this one is skill fully managed to give you that option.

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

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

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