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| Posted: 02 Feb 2014 06:01 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
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
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| What documents are generally sought for a loan approval? Posted: 02 Feb 2014 03:21 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Documents generally required for a Housing Loan Approval In addition to all legal documents relating to the house being bought, banks will also ask you to submit Identity and Residence Proof, latest salary slip ( authenticated by the employer and self attested for employees ) and Form 16 ( for business persons/ self-employed ) and last 6 months bank statements / Balance Sheet, as applicable . You also need to submit the completed application form along with your photograph. Loan applications form would give a checklist of documents to be attached with the application. Do not be in a hurry to seal the deal quickly. Please do discuss and seek more information on any waivers in terms and conditions provided by the commercial bank in this regard. For example some banks insist on submission of Life Insurance Policies of the borrower / guarantor equal to the loan amount assigned in favour of the commercial bank. There are usually amount ceilings for this condition which can also be waived by appropriate authority. Please read the fine print of the bank’s scheme carefully and seek clarifications.
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 )
------------------ Best Performing Mutual Funds
|
| Posted: 01 Feb 2014 08:57 PM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) With domestic equity markets losing sheen, mutual funds are increasingly looking outside India for investment opportunities. In the last one- year, close to two dozen offshore funds have been launched to capture the turnaround in the international markets, and many more are lining up for approval from the regulator.
Offshore fund- of- funds are feeder funds which invest in equity funds in the US, Europe and the emerging markets. These funds are available to both retail and high networth individuals (HNI). However, fund houses feel these products are more suited for savvy HNI investors who have a better understanding of the global markets.
Fund analysts said that it was the underperformance of the Indian markets vis- à- vis its global peers in the last oneyear that led to the rise in demand for these products.
Of late, the rupee depreciation has given good returns to investors. Also markets like the US and Europe have done well. So large investors have been looking at opportunities outside India.
While Indian equity indices have been a victim of a weakening currency and faltering economy coupled with fears over an early end to US Federal Reserve's tapering, the US and European markets have been showing signs of a turnaround.
The offshore fund category in the last three years has given average returns of about 6 per cent, according to Value Research data.
Fund analysts said that besides cashing in on the rise in the developed markets, investing in these funds is also part of a diversification of their investment portfolio.
There is an increasing sense of disenchantment with Indian equities which is making investors look for equity opportunities outside.
The rupee stabilising at 60- 63 levels versus the US dollar was another incentive for investors to look outside.
The increasing interest in the offshore funds is visible through the rising number of HNI folios in this category. According to data on the Association of Mutual Funds in India website, the number of folios held by HNIs under the offshore funds category rose by 15 per cent in the six- month period ending September 2013, compared to the previous six months which saw an 11 per cent drop in total folios.
The assets under management (AUM) of these funds in the six- month period ending September 2013 rose by about 22 per cent to ₹ 1,237 crore. In the preceding six months, the AUM was down 10.5 per cent at ₹ 1,017 crore.
The total number of HNI folios in the offshore category stood at 8,405 folios as at end September, up by 1,118 folios from the previous quarter. HNI folios at the end of the March 2013 quarter stood at 8,210 folios.
Fund managers said that it was largely Indian equity money that was being channelled into these funds. They added that HNIs would continue to avoid Indian equity until the elections.
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 )
------------------ Best Performing Mutual Funds
|
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