Tuesday, March 18, 2014

Prajna Capital

Prajna Capital


Online EPF Passbook Facility

Posted: 18 Mar 2014 05:09 AM PDT

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In today’s world, most of you wish to have all your investments online to keep an effective tab on them. Now, you can view your Employees Provident Fund (EPF) balances online and track its growth as the Employees Provident Fund Organization (EPFO) has introduced an e-passbook facility for its members this year. Your transactions are recorded date-wise in your EPF e-passbook which can be easily tracked. You can also check your EPF balance online anytime. 




Procedure to register online:
You will first need to register on the EPFO website to avail the e-passbook facility, by following the steps given below:

  1. Visit the EPFO members’ site - http://members.epfoservices.in/ and click on the “Register”/ “Click here to Register” button.
  2. On reaching the registration page, you will have to enter your mobile number (mandatory). You will also need to enter your date of birth and email id and select one of the eight documents along with its unique number and your name as it is in the document. Then click on “GET PIN” to get a four digit authorization PIN on your mobile.
  3. This PIN must be entered in the box provided at the bottom of the page. Check the “I agree” box and click on “Submit” button. Your registration is now complete and you will get a confirmation message on your mobile.


Procedure to generate e-passbook:  

  1. On registration, login to your account in the member login area in the main page of the website by selecting your document, entering the document number and your mobile number that you entered on the Registration page. 
  2. When you successfully login, you will see your name on the right hand side of the page. You can edit your personal details and also download your EPF e-passbook on this page.
  3. When you click on “Download E Passbook” link, you will be prompted to select the state under which your establishment is covered. 
  4. You should then choose the EPFO office and enter your EPF account number and name. Your name should exactly match EPF records. If you enter an account number or name which does not match the EPF records, an error message is displayed. 
  5. When you click on “Get PIN”, you will receive the PIN on your mobile and email. This page should not be closed till you receive the PIN. When you receive the authorization PIN, you must enter this in the “Enter Authorization PIN” box, check the “I Agree” button and then click on “Get Detail”. You can then download the PDF which has details on your current EPF balance and other details.


Other important points:

  1.  You do not need a user id and password to login to your account. You simply need your mobile number, document name and document number. Different document types can be used to create multiple ids. You can use only one mobile number for one registration. This can be changed subsequently. 
  2. You can view details of only one EPF account under one establishment. You must first transfer one EPF to another if you want to view details of all your EPF accounts under the same establishment. However, you can view a total of 10 EPF accounts under different establishments. Inoperative and already settled EPF accounts are not available for viewing.
  3. The E-Passbook facility is available to employees whose electronic challan cum return has been uploaded, for the month of May 2012 on wards. Date-wise transactions can be checked from the year for which annual accounts were updated for the establishment for the first time.
  4. Any employee who has left his job before March 2012 cannot view the details online. A request can be placed on the website and the E-Passbook will be uploaded in a few days in such cases.


The E-Passbook facility can help employees to manage their EPF accounts from anywhere in the country. However, the success of this initiative depends on the EPFO’s ability in managing the website and in handling member requests.

For further information contact Prajna Capitalon 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

Invest Any Mutual Fund Online

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Download Mutual Any Fund Application Forms

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      1. DSP BlackRock Tax Saver Fund
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SBI Magnum Equity Invest Online

Posted: 18 Mar 2014 04:40 AM PDT

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Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

SBI Magnum Equity

 

Investment Objective

 

Earlier known as Magnum Multiplier Plus '90, the scheme seeks capital appreciation through investments in diversified portfolio of equities of high growth companies. The scheme was made open-ended in January 1998.

 

Fund Managers

 

R. Srinivasan since May 2009

 

We like this fund for being a promising contender for the top spot in the large cap space in its new avatar. It rewards investors by outperforming peers and benchmark most of the times and is suitable for investors with a medium risk appetite.

 

 

Strategy
The fund aims to generate capital appreciation by investing primarily in equities of growth companies. The scheme intends to invest at least 70 per cent of its corpus in equity and equity-related instruments and the balance in debt and money market instruments.

 

CIO Navneet Munot elaborates further. “We have a magnum equity which can only invest in the top-100 companies by market cap. It cannot invest even 1 per cent of its funds in any stock which is even 101st in terms of the market cap.”

 

Plus, the fund also seeks to have minimum benchmark coverage as a certain percentage of the portfolio has to be in line of the benchmark. It is an Index-plus kind of fund but there are strong limits in terms of how much deviation it can take from the benchmark or an individual stock. On an average, the fund has 28 stocks in the portfolio. Frequently held stocks include Infosys, Reliance Industries, L&T, BHEL, Tata Motors, ITC, M&M and Bharti Airtel.

 

Performance
After the turnaround in 2006, the fund has performed consistently barring 2008. It was also able to curtail its fall better than its peers in 2011 and even in 2012 it managed to do better than the category average. Its long term returns are also impressive as it generated a five-year annualised return of 19.6 per cent as compared to the category average of 16.62 per cent.

 

Why invest?
The fund has a more streamlined approach now which has helped it maintain consistency in the past few years. It sticks to its mandate of following an identical strategy to the index, plus a few deviations.

For further information contact Prajna Capitalon 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

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

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

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. 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
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap FundsInvest Online

      1. DSP BlackRock MicroCap Fund

2.Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

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

Equity Investing Vs Equity Mutaul Fund Investing

Posted: 18 Mar 2014 03:41 AM PDT

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

It takes less effort, less time, less experience and less specialised knowledge to get good returns from equity mutual funds than it does from directly trading in equities

 

There are several benefits of investing through mutual funds instead of directly investing in stocks. Mutual funds combine the savings of a large number of investors and manage it as a single pool of money. So, instead of investors worrying about which stock or bond to invest in, professional fund managers do the job.

 

Equities are complex and stocks you can buy come in a bewildering array of sectors, industries, size, financial structure, promoter track record, competitive scenarios and a lot more. When you invest in a fund from a good fund house, there is a full-fledged research department to keep tabs on all this; and there's an experienced full-time fund manager who has years --often decades -- of track record of making equity investments. Moreover, his track record is publicly known and thoroughly analysed by researchers.

 

Compared to directly picking stocks, mutual funds are a more suitable route for a lot of people. It simply takes less effort, less time, less experience and less specialised knowledge to get good returns from equity mutual funds than it does from directly trading in equities.

 

Diversification -- the most crucial aspect of investing -- is much easier to practice for a fund investor. This is true of all kinds of diversification, including sectoral and of asset type. Many fixed income asset types like bonds are simply not available to individual investors.

 

Besides time, money and diversification, there are other advantages too. Generally, mutual funds are more tax efficient. They are certainly a lot more convenient. Extremely beneficial methods like systematic investing (SIPs) are very hard to implement for equities but simple for funds.

 

There's a more complicated psychological problem with directly picking stocks. Basically, what we've said here is that if you are skilled enough, then you can do it. However, equity investors are by nature optimistic and that makes them overestimate their own skills. That's often an expensive mistake.

 

 

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

Invest Any Mutual Fund Online

 

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

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

 

Best Performing Mutual Funds

    1. Largecap Funds             Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds         Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. 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
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds   Invest Online

      1. DSP BlackRock MicroCap Fund

2.       Franklin India Smaller Companies

E. Sector Funds          Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds      Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds        Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

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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