Prajna Capital |
- Debt Oriented Hybrid Mutual Funds - Monthly Income Plans (MIPs)
- What is Premium Redirection in Insurance?
- Max New York Life Insurance Flexi Fortune
| Debt Oriented Hybrid Mutual Funds - Monthly Income Plans (MIPs) Posted: 06 May 2013 04:50 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Debt Oriented hybrid funds:This is another category of hybrid funds with Asset allocation tilted towards debt side. As the taxation of the all funds having equity allocation below 65% is same, so you will find different variants and combination of debt oriented hybrid funds. Some are categorised as aggressive as they are high on equity allocation compared to others and some are categorized as conservative as they are high on debt allocation. Among these segments some funds are targeted at a particular goal like Monthly income Plans (MIPs) Lets see how the aggressive and conservative segments have performed in last few years. Best Hybrid funds – Aggressive Asset Allocation as per last 5 years performance are as below:
Best Hybrid Funds – Conservative Asset Allocation as per last 5 years performance are as below
You can very well see from the above tables that some of the funds which are under conservative allocation have performed better than hybrid funds with aggressive allocation. And in fact if you compare annualised returns with the balanced funds also, you will not find much difference in last 5 years returns patch. But does that mean conservative funds are better than aggressive ones. No. It's all about asset allocation. Sometime one asset class performs and sometimes other. And this is how your investments should be allocated. Now days you will also find some fancy names of Hybrid funds like "Capital protection oriented schemes" or "Dual advantage schemes" etc. In reality all these are just close ended versions of normal hybrid schemes. 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
|
| What is Premium Redirection in Insurance? Posted: 06 May 2013 03:08 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
It implies changing of your current contribution allocation percentage into various funds from now onwards. It does not affect the allocation percentage of the contribution already invested.
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
|
| Max New York Life Insurance Flexi Fortune Posted: 06 May 2013 02:23 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
The Flexi Fortune from Max New York Life Insurance is a plain-vanilla unit-linked insurance policy (Ulip) with customised options for life cover, policy term and investment choices. It also has an in-built feature where the life cover is enhanced every year by 10 per cent from the second year of the policy term with no increase in premium rates. Death benefit. It's a Type II policy, where nominees are paid an amount equal to sum assured plus fund value. Systematic transfer plan. Under this option, 1/12 of initial units purchased are transferred from the Secure Plus Fund to Growth Super Fund every month to even out the volatility of the stockmarket. Cost. For a 35-year-old male paying an annual premium of Rs 50,000 for 15 years for a sum assured of Rs 10 lakh (20 times the premium), the policy will pay Rs 8,81,193 and Rs 12,49,467, respectively, at the end of 15 years at an assumed rate of 6 per cent and 10 per cent, respectively. The net yield comes to 2 per cent and 6.15 per cent, respectively. Comparison. For similar plans such as ICICI Pru LifeTime Premier and HDFC ProGrowth II, the net yield comes to 7.43 per cent and 7.07 per cent, respectively, at an assumed rate of 10 per cent. Conclusion. Overall, the policy price is high, resulting in a low yield. The policy, however, has certain good features such as inflation-linked life cover and systematic transfer plan to keep pace with the changing conditions. Compared to other high-yield products available in the market, you can give the policy a pass.
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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