Prajna Capital

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• Apollo Munich Easy Health Exclusive - Family Floater Plan
• Tata AIA Life iRaksha Supreme Plan
• L&T Tax Advantage Fund

Apollo Munich Easy Health Exclusive - Family Floater Plan Posted: 22 Nov 2013 04:05 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Apollo Munich Easy Health Exclusive- Family Floater Objective This is a floater policy that covers entire family with one sum insured. It covers maternity expenses, Ayurvedic, Unani, Sidha and Homeopathy treatment as well. It can be bought online.   Suited for This policy is most suitable for young couples who are planning to go the family way. Individuals looking to insure their spouse and dependent children can also buy this policy.   What does it do? Apart from hospitalisation benefit, it covers maternity expenses and also offers an optional critical illness cover that requires additional premium. In case of hospitalisation of insured child, it pays a daily cash amount to cover the expenses of accompanying adult member. It also covers organ donor's hospitalisation expenses and ambulance charges for carrying an insured person.   Pros There is no cover ceasing age. It offers a life long insurance. It offers a flat discount of 7.5% on advance payment of 2 years premium. This policy can be purchased online. It provides for ayurvedic and homeopathic treatment as well. Premium paid under this policy qualifies for deduction under section 80D of income tax act.   Cons In case, cumulative bonus has been passed and a claim arises during that year, cumulative bonus would be reduced by 20 per cent in the following year. Maternity expenses will be covered after stated waiting periods.   Our View Shopping for insurance should be based only on your needs and budget. This policy is recommended if your need matches with the policy offerings. It is important to go through the waiting period for certain benefits to start before buying this policy.   Eligibility Entry Age (years) Minimum 18; 3 months for children Maximum 65 Maximum Policy Renewal Age (years) No Limit Coverage Type Family floater Policy Term (years) 1 or 2 Sum Insured (Rs) Maximum 7.5 lakh Minimum 3 lakh Tax Benefit Premium paid is eligible for tax benefit under section 80D of the Income Tax Act Discount Premium discount of 7.5% on advance premium payment for 2 year policy term. No Claim Bonus 10% increase in your annual inpatient benefit sum insured for every claim free year, till it reaches 50% of the Sum insured. In case a claim is made during a policy year, the cumulative bonus would reduce by 20% in the following year Grace Period for Policy Renewal 15 days grace period is allowed to policyholder for payment of premium at the insurers discretion. Policy Termination Insurance company may terminate the policy by giving a written notice of 30 days. Policyholder is allowed to terminate the policy at anytime by giving a written notice. In case no claim has been made under the policy, percentage of premium will be refunded Customer Service Address Apollo Munich Health Insurance Company Limited Corporate Office: 10th floor, Tower B, Building No. 10, DLF Cyber City, Phase -II, Gurgaon, Haryana-122002 Registered Office: Apollo Hospital Complex, Jubilee Hills, Hyderabad - 500033 Mail to customerservice@apollomunichinsurance.com Call to 1800-102-0333 SMS 'easyhealth' to 56767333 Network Hospitals Http://www.apollomunichinsurance.com/our-hospital-network.aspx   Scope of Cover Sum Insured (in Rs) 3 lakh, Rs 4 lakh and Rs 5 lakh 7.50 lakh Cashless facility available at empanelled hospitals Re-imbursement available at non-network hospitals Pre-post hospitalisation Relevant medical expenses covered upto 60 days prior and upto 90 days post hospitalisation In-patient Treatment Covered Day-Care Procedures 140 in number are covered Domiciliary Treatment Covered Daily cash for choosing shared accommodation Rs 500 per day, Maximum Rs 3,000 Rs 800 per day, maximum Rs 4800 Expenses for organ donor of transplant Covered Ayush Benefit Covered upto Rs 25000 Emergency Ambulance Up to Rs 2,000 per hospitalisation Daily Cash for 1 adult accompanying an insured child Rs 300 per day, maximum Rs 9000 Rs 500 per day, maximum Rs 15000 Maternity Expenses Normal Delivery Rs 15000Caesarean Delivery Rs 25000 (Sums are including pre/post natal limit of Rs 1500 and new born limit of Rs 2000) Normal Delivery Rs 25000Caesarean Delivery Rs 40000 (Sums are including pre/post natal limit of Rs 2500 and new born limit of Rs 3500) Newborn baby cover Optional Additional cover for critical illness Optional 50% or 100% of in-patient Sum Insured Health Check-up Upto 1% of Sum insured subject to a maximum of Rs 5000 per insured person, only at the end of a block of every continuous 3 claim free years   Exclusions and Waiting Period Pre-existing disease Pre-existing Diseases will be covered after a waiting period of 36 months No claim period 30 days from policy start date Waiting Period Certain diseases or treatment will be covered after 2 years of continuous renewal.Maternity benefit will be made available after first 4 policy years. General Exclusions AIDS or HIV and related treatment.Treatment of mental disorder or insanity. 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

Tata AIA Life iRaksha Supreme Plan Posted: 22 Nov 2013 03:08 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Tata AIA Life iRaksha Supreme Objective This is an online pure term policy that aims to provide financial assistance to the family members in case something happened to bread winner of the family. What does it do? The policy pays sum assured to nominees on unfortunate demise of the insured person. It does not pay any maturity benefit on survival. Single and limited pay policyholders are allowed to surrender the policy in case of need. Surrender value will be calculated as per the predefined formula. The policy has another useful feature that covers insured even if he stops paying premiums after completing 3 years (for 5 year Limited Pay policy) and 7 years (for 10 year Limited Pay policy). The nominee will receive a reduced sum assured in case something happened to the insured with such a policy. Pros The policy offers discounts on opting a high sum assured. Women and non-smokers enjoy lower premium rates. One can surrender the policy in case of an emergency. Premium paid towards the policy qualify for tax benefits. Cons Policies paying premium regularly cannot be surrendered. Suited for This policy can be taken by anyone with access to internet and looking for minimum coverage of Rs 50 lakh. Our View An online term plan is the best kind of life insurance. This is a decent policy. We recommend regular premium payment over single or limited pay options. The reason we say this is because in case something goes wrong in early years of the policy, you have already paid a huge chunk of amount as premium to the insurance company. Eligibility Entry Age (years) Minimum 18 Maximum 70 Maximum Maturity Age (years) 80 Policy Term (years) Minimum 10 Maximum 40 Sum Assured (Rs) Minimum 50 lakh Maximum No Limit Premium Payment Frequency Yearly, Half-yearly, Single Premium Payment Term Single/ Equal to policy term/ Limited Pay- 5 years/ Limited Pay- 10 years Premium Factor (multiply with annual premium) Half Yearly: 0.51 times annual premium; Policy Cover Cover remains fixed for the tenure of the policy Other Features Free Look Cancellation In case, you are not satisfied, you may choose to cancel the policy within 30 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered. Grace Period A grace period of 30 days is allowed after due date of premium payment Lapsed Policy Reinstatement Policy may be revived within two years from the due date of premium payment provided the insurer is satisfied of policyholder's health. Policyholder will be required to pay all unpauid premiums with interest. Tax Benefits Section 80C, 10 (10D) of the Income Tax Act, 1961 would apply. Exclusions In case of death by suicide during the first policy year, whether medically sane or insane no death benefit is payable. Further, if the Life Assured under the policy,commits suicide, within one year from the date of reinstatement of policy, no death benefit except the surrender value, if any, will be paid. Paid Up Value Policy will acquire a Paid Up Value in case of non payment of premiums provided 3 and 7 years premiums have been paid in full for 5 and 10 years Limited Pay policies respectively. Paid Up Value will be calculated as: (Total Premiums paid excluding extra premium, interest and service tax/ Total Premiums Payable)* Sum Assured Surrender Value Single Pay policies and Limited pay policies are allowed to surrender. Single Pay policies can surrender at anytime whereas, Limited Pay policies can surrender only after completion of 3 and 7 years for 5 and 10 Pay policies respectively. Surrender.value will be calculated as: Surrender Value Factor * (Outstanding policy term/policy term)* Total premiums paid excluding extra premiums, interest and service tax. Customer Service Address Tata Aia Life Insurance Company Ltd.(Reg 110): 14th Floor,Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013. 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

L&T Tax Advantage Fund Posted: 22 Nov 2013 02:24 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)    LT Tax Advantage Fund     The fund's investment approach is bottom up and is not hamstrung by any market cap or sectoral bias and is single-mindedly focused to tap best opportunities that the market presents. The scheme intends to be diversified across sectors and could also hold more than 80 stocks at any given point. The holdings in individual stocks generally do not exceed 4 per cent. Currently it holds 54 stocks and its average equity allocation is 94 per cent, with large cap exposure being 70 per cent.   Performance The fund slightly underperformed to begin with but caught up by next year as it curtailed its losses better than peers in the market downturn of 2008. The next three years too were a breeze but all this came to a grinding halt in 2012 when it lagged behind peers by 4 per cent which can be attributed to the overall change in the fund management as L&T MF acquired all Fidelity funds. The fund's long term returns present a mixed picture as its annualised 4-year return of 8.37 per cent is quite better than the category average of 4.96 per cent but its 3-year return of -1.64 per cent is only marginally above the category average of -2.91 per cent. Its highest single stock allocation has been to large caps like ICICI Bank, ITC, Infosys and Reliance which has been around 6 per cent. Its sectoral allocation is more or less in line with the category average with only few differences.   Why invest? The fund has done well irrespective of market cycles though it has had its short bouts of underperformances. Also, it has managed to scrape through with only a marginal underperformance during the fund management transition. 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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