Friday, December 28, 2012

Prajna Capital

Prajna Capital


Review of Reliance Tax Saver (ELSS) Fund

Posted: 28 Dec 2012 04:03 AM PST

 
 
 
Investment Details
Basics
Min Investment (Rs) 500
Subsequent Investment (Rs) 500
Min Withdrawal (Rs) 500
Min Balance (Rs) 500
Pricing Method Forward
Purchase Cut-off Time (hrs) 15
Redemption Cut-off Time (hrs) 15
Redemption Time (days) --
Lock-in 1095 days
Cheque Writing --
Systematic Investment Plan
SIP Yes
Initial Investment (Rs) --
Additional Investment (Rs) 500
No of Cheques 12
Note
The scheme also offers quarterly SIP with minimum of 12 cheques of Rs.500 each

Review of IDFC Tax Advantage (ELSS) Fund

Posted: 28 Dec 2012 03:52 AM PST

 
 
 
Investment Details
Basics
Min Investment (Rs) 500
Subsequent Investment (Rs) 500
Min Withdrawal (Rs) 500
Min Balance (Rs) 500
Pricing Method Forward
Purchase Cut-off Time (hrs) 15
Redemption Cut-off Time (hrs) 15
Redemption Time (days) 10
Lock-in 1095 days
Cheque Writing --
Systematic Investment Plan
SIP Yes
Initial Investment (Rs) 500
Additional Investment (Rs) 500
No of Cheques 6
Note
Investors opting for monthly SIP have to commit minimum investment of Rs. 500 and atleast 6 installments.


Systematic Withdrawal Plan
Initial Investment (Rs) --
Min SWP withdrawal (Rs) 500
Transfers
Swap No
Note
Switch Over Cut-off Time 15
STP Yes

ICICI Prudential Fixed Maturity Plan Series 65 483 Days Plan

Posted: 28 Dec 2012 03:40 AM PST

Launch ICICI Prudential Fixed Maturity Plan Series 65 483 Days Plan E with following features:
Tenure : 483 days
NFO Period : 27th December to 31st December, 2012
MICR cheques : Till 27th December, 2012
RTGS and transfer cheques : Till end of business day on 31st December, 2012
Switches : Switches from equity schemes - 27th Decmber, 2012
Till cut off time(specified for switch outs in the source scheme) 31st December, 2012 from other schemes
Tentative Date of Allotment : 1st January, 2013(Ops to confirm)
Date of Maturity : 28th April, 2014
Option to be launched : Cumulative and Dividend Payout- Default Sub Option - Cumulative
Entry / Exit Load : Nil
Minimum Application Amount : Rs.5000 and in multiples of Re.10 thereafter
Liquidity : To be listed
Benchmark : CRISIL Short Term Bond Fund Index

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

  1. ICICI Prudential Tax PlanInvest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

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Happy Investing!!

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You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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Best Performing Mutual Funds

    1. Largecap FundsInvest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap FundsInvest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap FundsInvest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap FundsInvest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector FundsInvest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

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