Monday, January 6, 2014

Prajna Capital

Prajna Capital


Religare Invesco Active Income Fund

Posted: 06 Jan 2014 04:15 AM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Religare Invesco Mutual Fund removed the exit load from Religare Invesco Active Income Fund with effect from November 15, 2013. The scheme earlier charged exit load at 1 per cent from redemptions within 45 days.

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

Insurance can help grow your money

Posted: 06 Jan 2014 01:04 AM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

The advantage of insurance as a means of facilitating financial planning is that it enables immense diversification

WITH the rise in the cost and standard of living these days, what is also essential is the provision of finances to support these needs. Merely planning for the immediate future is not enough. There is a need to plan ahead and make sufficient financial provision for the distant future too.

Some of the most common forms of investments through which you can provision for your future are mutual funds, equities, fixed deposits, real estate, and even gold. However, insurance too can be used as a unique option for protection and life stage planning. A life insurance policy carefully selected as per your need not only works as a steady means of investment, but also provides the much-needed protection till you attend that financial goal of yours.

The advantage with using insurance as a means of facilitating financial planning is that it is a beneficial tool that enables immense diversification. Insurance policies make available different options such as traditional plans, Ulips, etc., which act as a solution for almost every requirement like education, retirement, etc.


Adopt insurance to help your money grow:

Trying to build a strong financial backing for oneself can be taken for ward by ensuring that the money is invested where one gets the benefit of growth, but at the same time protects the savings. Here is how insurance can help you achieve each of these objectives.


Make saving a priority:

When planning your finances, an important thing to keep in mind is that the earlier you start, the more you will save.


The one major benefit of starting early with an insurance plan is that you will get a larger life insurance cover at a lower premium. Some of the best options to turn to when you are looking to save are endowment plans and money back plans, especially in your start up years, as they can help you build your habit of saving. These plans usually offer secured returns and a reasonable life cover.


Invest your money where it grows:

When looking at options that can help your money to grow, turning to unit-linked insurance policy (Ulip) is one of the best to consider. The advantage with an Ulip is that it is a flexible investment option. This gives the customer the opportunity to choose the type of fund that he/she would like to invest in, as per their risk appetite.


Ulips also enable you to navigate your investment against market volatility through options such as premium apportionment and fund switch option.

The benefit here is that the customer gets unlimited fund switch options, allowing him/her to alter the proportion of debt and equity funds, thus balancing out the portfolio. The most beneficial feature, however, of an Ulip is that this type of plan comes with the twin benefits of life protection as well as a market-linked growth for investment.


Protect your finances:

Insurance can provide you with various options that allow you to protect your money for your family's future, upon your death or in case you are incapacitated due to some accident. Some of the most prominent options that make this possible are term plans, and riders like waiver of premium or acceler ated critical illness.

While terms plans offer your family with the complete sum assured upon your death, riders such as waiver of premium protect your family's finances. This option helps since the nominee would still get the complete sum assured, without the obligation of having to pay a premium for the remaining policy term. The elimination of premium may come into effect in case of death or accidental total permanent disability. Additionally, a rider such as accelerated critical illness can provide relief even in a situation such as occurrence of a critical illness. This rider can help by advancing your life cover so that money is available to you when you need it the most. The benefit of riders is that they provide additional features that can be taken along with your base plan, at a nominal additional cost.

Besides riders, term plans too can help protect your finances through the various options that it provides. These options could range from providing security for future situations such as change in responsibilities depending on your life stage, inflation, etc., to taking care of loan liabilities by your family, in case of the unfortunate demise of the bread earner.

It is, therefore, a good idea to think about insurance the next time you want to invest your money wisely.

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

Future Accident Suraksha Insurance Plan

Posted: 05 Jan 2014 11:27 PM PST

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

Future Accident Suraksha Insurance

Objective

A personal accident policy that aims to cover against accidental death and disability along with additional options to cover various incidental losses.

Suited for

It can be bought as an individual or a family cover including up to two adults and two children. Additional covers offered are useful for those holding a basic health insurance policy providing a compact coverage.

What does it do?

As it is clear from the name, this is an accidental insurance policy covering accidental death and disability. Apart from a simple accidental cover, this policy also pays extra amount for additional benefits taken by paying extra premium. Additionally, it pays education fund for children, monthly life support benefit in case of permanent total disability, accidental medical expenses, daily cash benefit in case of hospitalisation, monthly sum to repay loan EMIs, funeral expenses and expenses for modification of house or vehicle in case of permanent total disability and allowance for transportation of family. Each of the additional benefit comes with certain eligibility conditions and maximum limits.

Pros

Additional benefits can cater to varied needs of different policyholders.

Cons

There is no taxation benefit.

Our View

It can be called a comprehensive accident cover. Additional covers add value to this policy. For instance, anyone with an outstanding loan can avail the loan protector benefit. Similarly, adaptation benefit is useful if an individual is engaged in a risky job such as construction site work or machine operation etc. Child education support makes sense if the policyholder has dependent children who are yet to complete their studies. While these benefits are meaningful, one must not attach all riders. While buying policies that allow customization, an individual must take note of existing insurance coverage because there is no need to duplicate the cover by buying the same benefit again.

 

Eligibility

Entry Age (years)

Minimum

18; 5 for Children

Maximum

65; 25 for Children

Maximum Policy Renewal Age (years)

70

Coverage Type

Individual/ family

Policy Term (years)

1

Sum Insured (Rs)

Maximum

25 lakh

Minimum

1 lakh

No Claim Bonus

5% on primary cover(s) every year subject to 25% of the original policy sum insured

Policy Termination

Either of insurer or insured can cancel the policy by giving a 15 days notice in writing.

Customer Service

Address

Registered Office: Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400 013

Mail to

care@futuregenerali.in

Call to

1800-220-233 (BSNL / MTNL) 1860-500-3333 (others)

SMS

FG to 567678

 

Scope of Cover

Accidental Death

pays 100% of the sum insured

Permanent Total Disablement

pays 100% of the sum insured

Permanent Partial Disablement

pays a pre-specified percentage of sum insured depending on the nature of disablement

Temporary Total Disablement

pays a sum as stated in the policy

Additional Benefits (requires payment of extra premium)

Child Education Support

monthly benefit for stated term upon death of permanent total disablement of the insured for child upto 21 years of age

Life Support Benefit

monthly benefit of stated amount for a stated term if insured becomes Permanent totally disable

Accidental Medical Expenses

covers hospitalisation expenses

Hospital Cash Allowance

provides a cash amount for each completed day in hospital for a maximum period mentioned in policy document

Loan Protector

Pays lower of actual loan EMI or the monthly sum mentioned in the policy schedule upon death or permanent disablement or in case hospitalized as a result of an accident.

Repatriation Benefit and Funeral Expenses

pays upto 1% of principal sum insured subject to maximum of Rs 12500

Adaptation Allowance

any modification to vehicle or house due to Permanent Total Disablement(PTD) will be covered upto 10% of principal sum insured subject to a maximum of Rs 50000 provided insurer pays claim towards PTD

Family Transportation Allowance

pays upto 10% of principal sum insured subject to maximum of Rs 50000

 

Exclusions and Waiting Period

Pre-existing diseases

not covered

Other exclusions

any pre-existing disablementemergency medical evacuation participation in any adventurous sport or activityparticipation in any illegal or criminal or related activities

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

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