Prajna Capital |
- Private Equity Fund
- NHPC tax-free bonds on 15 Oct 2013
- IIFCL tax-free bonds 2013 offers higher interest rate than bank FDs
| Posted: 07 Oct 2013 04:52 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Private Equity Fund is a pooled investment vehicle used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. Private equity funds are typically limited partnerships with a fixed term of 10 years (often with annual extensions). At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund.
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--------------------------------------------- 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)
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| NHPC tax-free bonds on 15 Oct 2013 Posted: 07 Oct 2013 03:43 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
STATE-RUN power producer NHPC is likely to hit the market with its maiden tax-free bonds issue worth Rs 1,000 crore on October 15.
For the issue, the company filed the draft red herring prospectus (DRHP) with capital market regulator Sebi on Monday.
We are expecting to come out with Rs 1,000 crore tax-free bonds issue on October 15.
The company would come out with the issue in a single tranche, he said late on Monday.
For this financial year, NHPC's construction budget is Rs 3,450 crore.
The country's largest hydro power is awaiting approvals for about 10 projects having total capacity of 8,801 mw.
When asked about gov ernment selling stake in the company, Srivastava said it would be decided by the department of disinvestment.
The disinvestment is likely through the offer for sale (OFS) route, he added.
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
|
| IIFCL tax-free bonds 2013 offers higher interest rate than bank FDs Posted: 07 Oct 2013 01:56 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
RETAIL investors are spoilt for choice with two mega tax-free bond issues hitting the market with coupon rates higher than bank fixed deposits and prevailing public provident fund (PPF) rates.
India Infrastructure Finance Company's (IIFCL's) Rs 2,500 crore tax-free bond issue with coupon rate as high as 8.75 per cent opens on October 3, as per the details available on the stock exchanges. Bank fixed deposit rates at 9 per cent with tax obligations and PPF rates at 8.7 per cent fixed for FY14 offer a tad lower interest income. Housing and Urban Development Corporation (Hudco) tax-free bonds issue aiming to raise Rs 4,809.20 crore, which are also offering similar coupon rates, opened on September 17 and will close on October 14. IIFCL has a mandate to issue tax-free bonds worth Rs 7,036.80 crore in FY14 from the central board of di rect taxes. The first tranche opening October 3 will issue tax-free bonds worth Rs 2,500 crore. The issue will be open for subscription till October 31. These bonds offer tenures of 10, 15 and 20 years. The coupon rate for retail individual subscribers opting for a 20-year tenure has been fixed at 8.75 per cent. Hudco bond issue offers a coupon rate of 8.76 per cent for 15-year bond, 8.74 per cent for 20-year bond, and 8.39 per cent for 10-year bond for retail individual investors. The coupon rate for retail investors has been fixed at 8.63 per cent for 15-year bond and 8.26 per cent for 10-year bond. For corporate and institutional investors, the 20-year bond carries a coupon rate of 8.50 per cent, 15-year bond a coupon rate of 8.38 per cent and 10-year bond a coupon rate of 8.01 rate. IIFCL 's bonds have been assigned AAA rating by ICRA, CARE, India Ratings and Brickwork Rating.
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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