Prajna Capital |
- Gold investment Strategy for 2014
- Birla Sun Life Insurance introduces ULIP pension plan
- ELSS vs NPS for Tax Saving
| Gold investment Strategy for 2014 Posted: 07 Jan 2014 04:12 AM PST 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
International gold prices may continue to correct in 2014. "We remain bearish on gold because it will underperform during tighter liquidity and rising interest rates scenario. It may go down further to the $1,050-1,080 range before March 2014," says Kishore Narne, associate director, Motilal Oswal Commodities Broker. Domestic gold prices have been cushioned from the global crash but this could change in the new year as the government rolls back some of the harsh measures introduced in 2013. A reduction in the import duty and other restrictions can bring down the domestic gold prices. "Domestic gold also looks bearish; the only risk is the currency," says Narne.
--------------------------------------------- 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
|
| Birla Sun Life Insurance introduces ULIP pension plan Posted: 07 Jan 2014 02:32 AM PST 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
Indian private sector life insurer Birla Sun Life Insurance Monday launched a non-participating ULIP pension plan -- BSLI Empower Pension.
The new plan helps customers accumulate their premiums and the investment returns into a corpus for their retirement needs, Birla Sun Life Insurance said in a statement.
"Increasing trend of nuclear family system in India makes it imperative for individuals to plan their savings towards meeting their post-retirement lifestyle today... Our new product, BSLI Empower Pension, has been designed to cater to these emerging needs effectively," Jayant Dua, managing director and chief executive officer, Birla Sun Life Insurance, said in the statement.
Buyers of the product can avail tax benefits under Section 80CCC and Section 10 (10A) of the Income Tax Act, 1961, it said.
Birla Sun Life Insurance is a joint venture between Indian conglomerate Aditya Birla Group and Canada-based Sun Life Financial Inc.
--------------------------------------------- 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
|
| Posted: 07 Jan 2014 01:46 AM PST 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
ELSS or NPS? Suggested Allocation 80-100%
Equity investments, if chosen judiciously, can make your wealth grow faster by beating inflation than most of the investments and lower your tax burden. ELSS (Equity Linked Savings Scheme) & NPS (National Pension Scheme) are such two schemes.
ELSS invests primarily in equity shares of companies. It is an equity diversified fund which provides the benefits of capital appreciation, as well as tax benefits. It has a lock in period of 3 years with tax free dividends and capital gains.
The main risk with ELSS is that it has a considerable equity exposure (usually 80% of the total amount is invested in the equity with remaining 20% invested in bonds, debentures, Government securities etc.) and the returns are linked to market returns.
NPS is a pension scheme, which not only provides good cost adjusted returns and tax saving but also plans for your retirement. The investor has the flexibility to decide the percentage of the corpus which should be allocated for equity, corporate bonds and government securities, with the only limitation being the 50% cap on exposure to equity. One of the most outstanding features of NPS is the 'lifecycle fund', under which the equity exposure is decided by investor's age. 50% allocation to equity is reduced every year by 2% after the investor turns 35, till it comes down to 10%. This is in line with the strategy to opt for a 'higher-risk higher-return' portfolio mix early in life, when there is ample time to make up for any possible black swan event.
--------------------------------------------- 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
|
| You are subscribed to email updates from Prajna Capital - An Investment Guide To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment