Prajna Capital |
- ULIP vs Mutual Fund
- Edelweiss MF Dividend
- ICICI Prudential Fixed Maturity Plan Series 66 - 407 Days Plan I
| Posted: 02 Mar 2013 05:29 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Investor paid a premium of Rs 20,000 to invest in a unit linked insurance plan (Ulip) in October 2005. At the end of one year, when he received the policy statement, he was surprised to see that the total value of his investment was just Rs9,075. He wondered where the balance Rs 10,925 had gone. Ulips are insurance policies which club insurance and investment. Usually, an individual taking a Ulip has 4-6 choices, ranging from funds investing 100 per cent in equity to those investing 100 per cent in debt securities. Other than this, the policy-holder gets an insurance cover as well, for which the insurance company levies a monthly charge. What investor did not know is that the entire Rs20,000 he had invested would not be invested. There were expenses to be paid. In the first year of his ULIP Policy, the insurance company had made an allocation charge of 25 per cent of the premium paid. What this meant was that of the Rs20,000 he had paid, only Rs15,000 was invested. Other out gos (charges), like policy administration charge, and fund management charge, had ensured that instead of his money growing in value, it had shrunk. The premium allocation charge in the first year of the policy varies from 15 per cent to 71 per cent of the premium paid, depending on the Ulip chosen. So, why do Ulips have such a high upfront charge? Historically, insurance commissions have always been high. The insurance industry tends to justify this practice, using the defense that selling insurance is tougher than selling other financial products. While this itself is arguable, in any case, since these commissions are deducted from the investment, it is the investor who suffers. 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 )
------------------ Best Performing Mutual Funds
|
| Posted: 02 Mar 2013 03:00 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Edelweiss Mutual Fund has announced dividend under the dividend and direct dividend option of Edelweiss ELSS. The quantum of dividend will be Rs 0.5 per unit.
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 )
------------------ Best Performing Mutual Funds
|
| ICICI Prudential Fixed Maturity Plan Series 66 - 407 Days Plan I Posted: 02 Mar 2013 02:48 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) ICICI Prudential Fixed Maturity Plan Series 66 - 407 Days Plan I with following features. Tenure : 407 days
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 )
------------------ Best Performing Mutual Funds
|
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