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| National Insurance - Varishta Bima Policy Posted: 14 Aug 2013 02:04 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Varishta Bima from National Insurance
Considered to be a very good plan, this is among the very few plans in India that has the maximum entry age as high as 70. The plan has some great features. Take a look.
• Maximum cover of Rs.1lac for hospitalization available.
• Pre-existing conditions such as diabetes and high blood pressure covered for an extra charge of 10% for each. These conditions will be covered after 31 days from the commencement of the plan.
• No claim bonus available.
The plan has been criticized however as it subjects the prospective policyholder to a number of medical tests, including the treadmill test which most people aged 70 are unable to perform.
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: 14 Aug 2013 12:08 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Investing in stocks with high dividend yields may be termed as a defensive strategy but it forms the bedrock for this fund which books profits regularly to take advantage of the volatility in the market. The universe of stocks is made up of those which have a dividend yield higher than that of Nifty.
Importantly, it remains fully invested all the times and in its entire history, allocation to debt has touched a maximum of 2 per cent and that too for a brief while.
Performance
The fund's breezy performance of previous 5 years came to a halt in 2012 when it lagged behind the category average by 8 per cent. Despite this, its 5-year annualised return of 12.05 per cent is way better than the category average of 6.67 per cent.
As far as the portfolio is concerned, it is churned frequently as there are only eight stocks that are consistently held by the fund since 2011. Of these, only Infosys and Tata Steel have brought in losses and that too in recent times. HUL has been one of its best picks since 2007, bringing in profits along with other quality large caps like ITC, Bajaj Auto, Tata Motors and TCS. Its highest single stock holding has been to ONGC and ITC which is around 8 per cent each.
The fund's mid cap bets such as Castrol India, IP Gas and Divi's have also paid off well by generating profits. HEG and Deepak Fertilisers & Petro, meanwhile, have been the small cap stars.
On the other hand, the fund has had its share of mistakes too. It incurred losses on some of its recent exits like BHEL, Bank of Baroda, Bajaj holdings & Investment, Allahabad Bank, Dena Bank and Blue Star which may be one of the reasons behind its dampened returns in 2012.
But its year to date returns reflect its usual resilience as it has fallen less than the category average.
Why invest?
The fund is not bound by any sectoral or market capitalisation considerations and hence has steered clear of volatility over the last few years. It's a sturdy bet for uncertain times.
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: 13 Aug 2013 10:05 PM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) In the last couple of weeks, Indian financial markets saw certain unexpected events- mass exodus of FIIs from debt market and then sudden increase in interest rates by RBI.
This lead to some abrupt losses in debt funds which are otherwise considered safe. Nobody can predict such events. Although these rate hikes are expected to be reversed but nobody knows when. But whenever it happens, debt investments and funds will gain.
SBI Dynamic bond is a good performing four-star rated fund. Over the past three-year period it has delivered an annualised return of 9.88 per cent against category's 7.82 per cent. You can continue with your current investments in the fund. The prices of short-term bonds are near the bottom and therefore short-term yields have become attractive and are ranging between 9-10 per cent. Therefore, if you don't need the money then stay invested for 1-2 years.
If liquidity is not important for your additional investments, you should opt for Fixed Maturity Plans (FMP) instead of dynamic bond funds. FMPs invest in debt papers with maturity similar to the scheme. Dynamic funds are likely to do better over longer tenure
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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