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- Short-term Funds Better Investment Option now
- Reliance Interval Fund - Monthly Interval Fund Series II
- Fixed Maturity Plans - What to look for before you invest
| Short-term Funds Better Investment Option now Posted: 30 Aug 2013 02:05 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Bond market has gained volatility as the central bank and govt attempt to prop up a flagging rupee, resulting in losses for investors in debt funds
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
|
| Reliance Interval Fund - Monthly Interval Fund Series II Posted: 30 Aug 2013 12:19 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Monthly Interval Fund Series II under Reliance Interval Fund is on 29th August and 30th August, 2013 Minimum Application : The minimum investment amount under scheme is Rs. 5,000 and in multiples of Re. 1 thereafter. 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
|
| Fixed Maturity Plans - What to look for before you invest Posted: 29 Aug 2013 07:43 PM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Fixed Maturity Plans (FMPs)
Remember although Sebi rules mandate that all FMPs should be listed on the bourses, the ground reality is that there is practically nil liquidity in these instruments since there are hardly any buyer or seller in the market. So as an investor if you are investing in an FMP, be sure that if you want the money even in case of even an emergency, you are unlikely to get that back then. Instead you have to wait till the day of redemption to get the money invested in that FMP in your bank account.
Like most mutual fund schemes, FMPs too come with certain tax advantages. If you invest in an FMP which matures after more than a year, say even a 367-day FMP, you stand to gain from long term capital gains options under the income tax act. Under this option, you can pay a 10% tax without indexation, or 20% with indexation benefits. So clearly this makes sense if you are in the highest income tax bracket, which is you pay income tax at the rate of about 33%. If you are in the 10% bracket, then investing in FMPs may not make much of a sense because then you will pay the same rate of tax for FMPs as well as FDs, but by investing in FMPs you would have less liquidity.
The portfolio of an FMP is an indication of the risks you are taking by investing in a particular plan. If all of the portfolio is invested in bank certificates of deposits (CDs), then the risks are much lower. On the other hand, if there are commercial papers (CPs), that are likely to add to the total risks associated with the FMP. Seen from the other side, having CPs in the portfolio may mean slightly higher rates. So as an investor before investing in an FMP you should have a clear idea about the risks you are willing to take, and accordingly you should settle for the returns that you would get at maturity.
This is one disadvantage for FMPs, thay once you are invested in it, there is almost no way you can come out of its prematurely. So keep in mind that you put only that part of your fund in this better yielding and tax efficient instrument that you will not need till the time of maturity of the instrument.
Although all FMPs look like the same, offering nearly the same level of indicative yields, the fund manager and the fund house from which the FMPs are coming make a huge difference. If you are investing in the FMP of a good fund house, the risks associated with your investments are reduced significantly. This is more apparent at the current scenario when the bond market is extremely volatile and several cor porates are stretched to their limits.
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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