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| IDBI Short Term Bond Fund exit load Posted: 09 Oct 2013 08:08 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
IDBI Mutual fund changed the exit load of IDBI Short Term Bond Fund from the previous 0.50 per cent on redemptions within 2 months to 0.50 per cent on redemptions within 9 months. The change will be effective from October 14, 2013.
The revised load is applicable for investments made after October 14, 2013. Investments made before the date will be charged load at rate available at the time of investment.
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: 09 Oct 2013 08:08 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
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
|
| Shriram Transport Finance Company NCD 2013 Posted: 09 Oct 2013 03:39 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
For those looking for an early exit since the liquidity is very low, the returns could get lower
It is an issue of secured, redeemable, non-convertible debentures by Shriram Transport Finance Company (STFC) to public for a total sum of Rs 500 crore. The issue is open for subscription from October 7 to October 21, but SFTC could close it earlier or extend the date.
Series IV, V and VI will be redeemable at the end of three years, five years, seven years at a premium, with effective yield rates being 11.25 per cent, 11.50 per cent and 11.75 per cent per annum, respectively, for individuals.
The funds raised through the NCD issue will be used for various financing activities, includments, ing lending and invest to repay existing loans and for business operations, including capital expenditure and working capital requirements.
The NCDs have been given AA/ stable rating by rating agency Crisil and AA+ by another rating agency CARE.
Each application should be for a minimum of 10 NCDs of face value Rs 1,000, amounting to Rs 10,000, and in multiples of one NCD or Rs 1,000 thereafter. Retail individual investors can apply for NCDs aggregating to a value not more than Rs 5 lakh across all series of NCDs and those applying for more than Rs 5 lakh will come under the high net worth individuals (HNIs) category.
Coupon rates of 11.25 per cent for three year, 11.50 per cent for five year and 11.75 per cent for seven year NCDs are higher than bank fixed deposit (FD) offering 8 per cent to 9.25 per cent for three to 10-year deposits. But the risks are higher too. The NCDs carry a higher risk of default on interest payments and principal repayments, compared to comparable investment options such as PPF and long-term bank FDs. Also, for those looking for an early exit since the liquidity is very low, the returns could get lower. 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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