Prajna Capital

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• Financial Planning is pimportant - If you fail to plan, you are planning to fail
• Short Term Debt Funds
• PineBridge Mutual Fund Dividend

Financial Planning is pimportant - If you fail to plan, you are planning to fail Posted: 03 Oct 2013 06:57 AM PDT Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Though financial well-being is an extremely important need in today's world, a vast majority of investors fail to follow some of the basic rules of good investing . Here, we highlight a few common errors that investors commit and how to avoid those mistakes. Not setting financial goals Every investor has different long-term goals based on his/her current status, income, risk profile and investment horizon. Laying out one's long-term financial goals can be a simple exercise, yet few investors actually do it. Those who consciously plan out their goals are usually more empowered, create more suitable portfolios and increase the odds of actually achieving their long-term goals. Short-term mindset Meeting long-term goals involves implementing a longterm strategy. Investors who want to make a quick fortune take high risks, trade too frequently, invest large amounts in short-term fads and face the prospect of losing their capital over a period of time. Patient investors have greater visibility over future portfolio movements as they prefer stable returns over a longer period, they invest in longterm themes and in wellresearched ideas. Pre-tax myopia Investors often look at gross return, not calculating how much they really get to keep after taxes. Investments have different tax rates and one should always compare "post-tax" returns. For example, for an investor in the highest tax bracket, a taxfree bond at 8% is actually better than an FD offering 10% interest rate. Inadequate understanding of risks Credit, interest rate and concentration risks are inherent in markets and all investments carry them in different proportions. Common precautions such as diversification, low modified duration, investing in high rated companies, etc, are the tools investors should use to protect their capital. Inadequate product knowledge There are innumerable instances of investors losing money in a product they thought was capital-protected or of getting margin calls when they thought there was adequate margin cover. Investors who question, query and understand the products they invest into often turn out to be better investors since they understand how these investments will behave in different situations. 'Fill it, shut it, forget it' mindset Investors often don't take the time to review their portfolios. Markets are increasingly dynamic and regular review of a portfolio can maintain its efficacy. Interest rates, GDP growth, inflation, exchange rates, crude prices — these are some of the many variables affecting our investments. Investors should review their portfolios once a quarter and align the same to market movements, thus reducing chances of being caught by surprise after two-three years. Investors today are faced with a complex market and ever-more complex instruments to invest into. However, the ground rules for making investments haven't changed much: Be informed, ask questions, have a long-term mindset and check for taxes! Investors who stick to common sense ground rules should be well on their way to achieve their long-term goals. 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 ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

Short Term Debt Funds Posted: 03 Oct 2013 06:36 AM PDT Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) Short term debt funds The increase in the repo rate and cut in the marginal standing facility (MSF) by the Reserve Bank of India ( RBI) on September 20 will impact your debt mutual fund portfolio. The impact on liquid and ultra short- term funds might be limited or even positive. For short- term funds it could be partly positive, as yields will come down abit from their elevated levels. Longterm and gilt funds will be the worst hit by the rate rise. The RBI governor has signalled that inflation is the most important thing. We could see a couple of more repo rate hikes. Standard Chartered Global Research expects a further 50- basis point increase in the repo rate by the third quarter. This means there is a possibility of bond yields going up. Hence, it makes more sense for investors to stay at the shorter end of the yield curve. Most investment experts ask investors to be cautious while investing in longterm debt funds. Short- term interest rates could remain elevated over the next few weeks, although lower than the levels seen in August and early September. Ten- year government securities (Gsecs) could remain in the 8.1- 8.6 per cent band for the next few weeks. Investment experts say if your investment horizon is a year you should look at capturing the potential fall in yields, as the yield curve is inverted. Therefore, they advise short- term debt funds that invest in bonds maturing in two to five years. Similarly, those having a longer horizon —one- and- a- half to two years — should look at long- term debt funds, as many believe inflation could come off in six to eight months and so will the repo rate. We are recommending one- to five- year duration bonds because the MSF has been reduced, with further calibrated reduction expected. That will translate into higher accrual income and some capital gains in this segment, with the liquidity easing and the yield curve normalising. From a longer- term perspective, the 10- year G- sec is not very appealing for additional exposure, given the uncertainty around further direction in the repo rate and higher bond supplies in the next four- five months. The rise in the repo rate resulted in a sharp up- move in yields of 10- year gilts. This could result in long- term gilt funds giving up the 2- 2.5 per cent gain they witnessed in the last four trading days. However, rates in the short- end, money market instruments could ease, given the lowering of MSF to 9.5 per cent. This could result in a price rally in short- term debt funds. Even if the tilt is towards inflation coming down, it might not go below RBI's comfort level in the next six months. That could take up to March 2014. If aggressive OMOs ( purchases by RBI) are announced, risks to the 10- year G- sec could be higher. In such a case, the yields on Gsecs could go up, which could mean further capital loss on your long- term bond portfolio. It is better to invest money in liquid funds, which will ensure liquidity in the portfolio. This money can be later deployed in income funds if the situation improves. Says Prateek Pant, directorproducts and services at RBS Private Banking, We are not advising fixed maturity plans (FMPs) at this point." Investing in FMPs would mean forgoing liquidity. Existing investors of long- term bond funds should remain invested for the next one year; you could get a good exit opportunity after that. According to Dhruva Chatterji, senior investment consultant (India) at Morningstar Investment Management, it still makes sense for new investors to continue to be at the shorter end until things stabilise a bit, because there will be some pressure on the longer- end yields. RBI's move to increase the repo rate is an anticipatory move to tackle the expectation that inflation will rise. So, gilt funds and long- term bond funds will be the worst hit. In any case, these long- term funds are for one to three years' duration and if you have invested in these in AprilJune, you should stay invested, because selling now will mean significant capital loss. You will have to pay exit load, too. And, if investing now, keep horizon of at least nine- 12 months. Pant advises taking exposure (up to 10 per cent) in some international funds — Chinese or US, preferably — as a longterm strategic holding. 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 ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

PineBridge Mutual Fund Dividend Posted: 03 Oct 2013 04:48 AM PDT Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)     PineBridge MF has announced dividend under the dividend option of PineBridge quarterly interval series I standard. The quantum of dividend will be Rs 18.12 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 ) ICICI Prudential Tax Plan Invest Online HDFC TaxSaver Invest Online DSP BlackRock Tax Saver Fund Invest Online Reliance Tax Saver (ELSS) Fund Invest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) Fund Invest Online SBI Magnum Tax Gain Scheme 1993 Invest Online Sundaram Tax Saver Invest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFunds Invest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

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