Thursday, December 19, 2013

Prajna Capital

Prajna Capital


National Payment Corporation of India (NPCI)

Posted: 19 Dec 2013 02:33 AM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Owing to the rise in card and online frauds, the National Payment Corporation of India (NPCI) has decided to insure such transactions. This will cover both domestic and international card transactions — PIN- based transactions on ATMs or points of sale and e- commerce transactions, with a two- step authentication.

 

The cover will be over and above the policy taken by a bank. NPCI has sought requests for proposal to identify and appoint a general insurer to provide cover for frauds that result in financial loss to customers. According to the NPCI website, the key responsibility of the bidder (the insurer) will be to provide an overall insurance cover of 10 crore and a per- card cover of 50,000. The insurer will have to settle claims within 30 days of filing by NPCI. The bidder will also have to honour the request from any member- bank for any additional cover sought, once the policy is issued to NPCI and implemented. The premia will be paid by NPCI. Under the insurance policy with the selected bidder, NPCI will initially cover 1.8 billion approved financial transactions.

 

In case of a disputed transaction via a debit/ credit card, it is the customer's responsibility to prove he is not at fault. Till he does so, he is liable to pay for the transaction. As protection against this, one can opt for credit or debit cards that have the zero- liability feature. Both Visa and MasterCard offer this.

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 )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

Cheap Insurance Covers

Posted: 19 Dec 2013 01:30 AM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 



Some products and services have insurance covers most buyers don't know about. The best part is, usually, these are free or quite cheap.

 

For example, there are covers given along with liquefied petroleum gas (LPG) cylinders, up to a whopping 40 lakh in case of loss of life or damage to property due to cylinder explosions.

 

Though there are a number of LPG cylinder explosions, causing loss to life and property, no one seems to be aware of an insurance cover available for LPG consumers in such cases.

 

Here's what the Hindustan Petroleum Corporation (HPCL) website says: All registered HP gas consumers are insured against the outcome of an accident at their registered premises due to LPG. Details are available with all the distributors and the customer service cell. HPCL has also taken a public liability insurance policy. All other oil marketing companies (OMCs) have purchased these covers for their customers.

 

But dealers do not bother to inform customers. It is a group cover bought by OMCs for LPG customers," said a Bharat Petroleum Corporation Ltd (BPCL) spokesperson.

 

Dealers have to pay the premium to insurance companies. Consumers don't have to pay for the insurance cover at all. The BPCL spokesperson said as and when accidents were reported, the process of providing insurance claim was undertaken. But experts say the number of claims filed every year is minuscule. The scheme provided personal- accident cover to third parties and customers and also covered property damage at customer premises, according to the policy, the spokesperson added.

 

To claim this insurance, one has to contact the distributor and file a claim. Within 30 days of the insurance company completing its survey, the money will be paid. However, one has to keep certain things in mind. For instance, if you do not use accessories (gas pipes, regulator, etc) with ISI marks, you may be denied the claim amount. Request your gas dealer for a maintenance check on an annual basis. You will lose the claim money if a maintenance check hasn't been conducted. Also, keep the maintenance check receipt as proof.

 

 

Protecting buyers

 

White- good manufacturers offer insurance protection against the risk of loss or damage to domestic appliance(s) one buys. The cover is provided against electrical or mechanical breakdown and comes under the purview of home appliance insurance. One can get this on single appliances, too. These covers are common during festive seasons. Though these are made to look free, the appliance cost includes apercentage of insurance cost, around 100- 200.

 

Otherwise, these are offered selectively and sometimes openly charged for, too. Some feel instead of buying a policy for one or two products from the manufacturer, shopping for a householder's policy on your own will secure a higher cover for less.

 

Also, one has to be careful with the cover provided by the manufacturer.

 

Some plans allow you to choose any service centre, while others may allow only select ones. And, some plans allow an individual to choose his/ her own replacement unit, while others allow one to choose from a list of units provided by them.

 

Third party liability for travelling

 

As third- party motor insurance is mandatory for all private and commercial vehicle owners,

All commercial vehicles own third- party liability covers for commercial vehicles. If passengers on any of these vehicles die or are injured, claims can be made under the commercial third- party cover. According to experts, passengers are covered for 5- 10 lakh each. Till 2008, Indian Railways also provided a separate cover for passengers.

 

Since then, the Railways hasn't bought insurance. It had a passenger insurance scheme, through which 4 lakh was provided in case of death. In injuries resulting from train accidents or any untoward incident, passengers were given 32,000- 4 lakh.

 

 

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 )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

ICICI Prudential FMP

Posted: 19 Dec 2013 12:33 AM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

ICICI Prudential FMP Series 71 - 371 Days Plan M, with the following features

Tenure: 371 days
NFO Period: 20th December to 23rd December, 2013
MICR cheques: MICR cheques will not be accepted
RTGS and transfer cheques: Till end of business day on 23rd December, 2013
Switches: Switch in from equity schemes will not be accepted and switch in from non equity schemes will be accepted upto 23rd December, 2013 till applicable cut off timings for switches
Date of Maturity: 29th December, 2014 subject to change in the NFO closing date, if any
Plans and Options: Direct and Regular with Cumulative and Dividend Options
Entry / Exit Load: Not Applicable
Minimum Application Amount: Rs. 5000 and in multiples of Re.10 thereafter
Benchmark: CRISIL Short Term Bond Fund Index

Credit Rating / Instruments A1AA
CDs40 - 45%-
CPs25 - 30% -
NCDs -25 - 30%

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 )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

No comments:

Post a Comment