Prajna Capital |
- ICICI Prudential Balanced Advantage Fund
- RGESS Tax Saving benefit above the Sction 80C exemption
- Principal Global Opportunities Fund Changes
| ICICI Prudential Balanced Advantage Fund Posted: 30 Jan 2014 05:56 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
ICICI Prudential Balanced Advantage Fund has beaten its benchmark every year for the last 5 years, it's delivered around 14% SIP returns over this period - sizeably better than the 8% delivered by the benchmark, it's been ranked No 1 by Crisil in the Crisil Balanced Fund Category. And how did distributors and investors respond to this performance? In a year marked by continuing poor inflows into equity oriented funds, this fund's corpus grew four times! Deliver returns and get flows - irrespective of how poor the overall flows are in the market
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
2. Franklin India Smaller Companies E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF |
| RGESS Tax Saving benefit above the Sction 80C exemption Posted: 30 Jan 2014 04:05 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
RGESS aims to encourage first time investors to invest in equity markets. This scheme would give tax benefits to new investors whose annual income is below Rs 12 lakh. This benefit is available for three successive years and above the existing one lakh exemption U/S 80C.
Investments in RGESS are capped at Rs 50,000 per individual, with a tax deduction of 50 per cent on the amount invested. The scheme allows investments only from fresh investors who have never traded in equities through a demat account. Investors in equity funds, and those holding physical share certificates are eligible. RGESS investments have a lock-in period of three years. However, one is allowed to trade in them after the first year on certain terms and conditions. These conditions require you to maintain your demat account at a value equal to or higher than the amount claimed for tax deduction.
To put it simply, if you invested Rs 50,000 in the first year which becomes Rs 55,000 after a year; you will need to have equity worth Rs 55,000 or more in your account at any point of time in the second and third year. You need to buy equities worth the amount you sell. RGESS has been regarded as a complicated product, invest only if you understand the instrument.
There are many ETFs that qualify under the Rajiv Gandhi Equity Savings Scheme. Nifty-based ETFs are as as good a choice as any.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
2. Franklin India Smaller Companies E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF |
| Principal Global Opportunities Fund Changes Posted: 30 Jan 2014 02:47 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Principal Global Opportunities Fund - Rs 1,000 and any amount thereafter under each plan / option. Change in minimum application amount for STP facility: Proposed Threshold Limit: Minimum six installments of Rs 1,000 each for all open ended schemes of the fund where the STP facility is available; except Principal Personal Tax Saver Fund and Principal Tax Saving Fund.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
2. Franklin India Smaller Companies E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
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