Friday, January 4, 2013

Prajna Capital

Prajna Capital


JPMorgan India Mutual Fund exit load

Posted: 04 Jan 2013 03:50 AM PST

JPMorgan India MF has announced a change in the exit load of JP Morgan India short term income from November 19. A load of 0.70 per cent will be charged if units are redeemed within nine months.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

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

 

 

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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. ICICI Prudential Tax Plan  Invest 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

 

ICICI Prudential MF FMP

Posted: 04 Jan 2013 02:33 AM PST

ICICI Prudential Mutual Fund has launched a new fund named as ICICI Prudential fixed maturity plan series 65 367 days plan B. The new issue will be open for subscription from November 21.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

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

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

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. ICICI Prudential Tax Plan Invest 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

Religare Health Insurance

Posted: 04 Jan 2013 02:21 AM PST

New kid on the block, Religare health insurance has come up as the 4th stand-alone health insurance company in India after Star, Apollo Munich and Max Bupa. It has launched its first maiden product with the name CARE. This post is all about the features of this new product and its comparison with the other similar products available among stand-alone health insurers.

 

Features of Religare Health Insurance Care

Though the features are very much comparable to existing products of different insurers. It is a bit different as it seems to be a mixture of plans of Max Bupa and Apollo Munich in its features. Let me point out some of the USPs of Religare Health Insurance – Care .

1. Lifelong Renewability.

After Apollo Munich and Max Bupa, Religare health Insurance also has come up with Life time Renewability, through Religare Health insurance –care.

2. Wide range of sum assured – up to Rs 60 lakh.

Max bupa is the only other company which offers the coverage up to Rs 50 lakh, and now this huge coverage is available in Religare Health Insurance care

3. Annual Health check-up for insured members – regardless of claim history

Only Max Bupa heartbeat has this feature till now.

4. Automatic Policy recharge if the claim amount exhausts the current coverage.

Religare health insurance Care has broken the monopoly of "Apollo Munich optima restore" with this feature.

5. Waiting Period – Only 30 days for any illness except injury

Max bupa has this feature in its Heartbeat policy. And almost all other companies has long list of illness with waiting period of 1 or 2 years.

6. Co-payment – 20% of co-payment is applicable for the insured above 61 years of age (for SI above Rs 5 lakh). This clause is with max bupa policies also (above 65 years), but not under Apollo Munich. However this co payment is applicable only to those people who are entering into this policy in or after 61 years of age. This is not applicable in renewal cases i.e if a person buys it in age of 59 or early to that and keeps on renewing it.

Should you Buy Religare Health Insurance – Care?

Late entry into the market has helped Religare to design a better and comparable product looking at the existing competition. Those who wants to buy a fresh policy can have a look at this. As this is a mix of many popular features, so if anyone looking for Recharge of Sum assured like Apollo, Annual health Check-up like Max bupa etc. one may go for this policy. For those who wants to have sum assured upto Rs 4 lakh, Room rent limits may be a deterrent, but for higher sum assured this products looks suitable. Premium affordability and going forward the service quality may make some difference in the opinion.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

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

 

 

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

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. ICICI Prudential Tax Plan  Invest 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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