Prajna Capital |
| Posted: 06 Mar 2014 04:15 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Before buying an insurance policy, it is always important to find out the amount of life insurance cover you need. The following factors should be considered before buying a life insurance policy:
· Your age and number of dependents
· Your annual income and annual expenses
· Your outstanding liabilities like home loan, car loan, etc.
· Your investments / savings
· Your lifestyle expenses
· Monies you would require in future
As a thumb rule, it is suggested that you should have an insurance cover of around 5 to 10 times of your annual income. A good financial advisor in your neighborhood can help you ascertain your appropriate insurance cover.
Human Life Value
· What is your Human Life Value?
Beyond all doubt, your life is invaluable. Yet, there is a certain worth that can be attributed to the financial support you offer your parents, spouse or children. This worth is referred to as Human Life Value (HLV). In the future, if your family does not have the protective blanket of your presence, they will no longer be able to enjoy the benefits of the income you earned. Put simply, Human Life Value is the present value of your future earnings.
· Why should you calculate your Human Life Value?
You should calculate your Human Life Value so you can accordingly invest in insurance plans that will provide your family with adequate finances and hence security, even in your absence.
· How do you determine your Human Life Value?
1. Your age
2. Current and future expenses
3. Current and future income
As a thumb rule, if you are 30 years of age, you should insure yourself for an amount approximately 8 times your annual income. At 35, your investment should be close to 6 times your income. Of course, the exact amount of your investment should be determined by the number of people who depend on you, your existing investments and your life stage.
· What are the tax benefits available?
Life, Pension and Health insurance as a tax saving tool, offers savings under various sections of the income tax act. Some of the key tax benefits offered are as follows:
o Our Life Insurance policies are eligible for tax deduction under Sec. 80C.
o Our Pension policies are eligible for a tax deduction under Sec. 80CCC.
o Our Health Insurance policies/ riders are eligible for tax deduction under Sec. 80D.
o The proceeds of our Life Insurance policies are exempt under Sec 10(10D), subject to norms prescribed in that section.
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 |
| Posted: 06 Mar 2014 03:48 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
This fund is suitable for investors looking for long term capital appreciation with moderate levels of risk. As such the fund is suitable for investors in the moderate risk category planning for retirement or other long term financial objectives. As one of the oldest schemes in its category, the fund has Rs. 6.3 Billion assets under management with an expense ratio of only 2.26%. As an asset management company Birla Sunlife is amongst the top performers across several mutual fund categories. The fund management of Birla Sunlife recently went through a number of changes. The fund managers of this scheme are Mahesh Patil and Prasad Dhonde. The scheme is open both for growth and dividend options. The current NAV (as on Feb 17 2014) is 358.44 for growth option and 111.56 for dividend option
Portfolio Construction
In terms of portfolio construction stocks comprises 73% of the portfolio mix, while fixed income securities comprises the rest. The fund has a predominantly large cap bias with a high growth focus. It is fairly well diversified with its top 5 holdings, Infosys, DLF bonds, State Government bonds, LIC Housing Finance bonds, and Rural Electrification Corporation bonds accounting for less 22% of the total portfolio value. The quality of its debt portfolio is also quite high with limited interest rate sensitivity.
In terms of sectoral composition, financial services and technologies sectors have the highest portfolio weights, combining to over 41% of the portfolio value. Within the fixed income portfolio corporate bonds account for over 53% of the fixed income portfolio, while government securities and cash equivalents account for the balance.
Risk & Return
In terms of risk or volatility measures, the annualized standard deviations of monthly returns for three to ten year periods are in the range of 12 to 19%. The 3, 5 year and 10 years annualized returns for this fund are 5.8%, 18.4% and 15.4% respectively. On a risk adjusted basis, this is certainly one of the best long term investment opportunities for investors with a moderate to aggressive risk profile. An investment of Rs 100,000 in the growth option of this scheme on Feb 14, 1999 (fifteen years back) would have by now grown fourteen times to Rs 1,481,000.
Dividend Payout Track Record
Birla Sunlife 95 Dividend Option has an excellent dividend payout track record. Since inception in 1995 the fund has paid dividends every year except 1997, 2005 and 2007.
SIP Returns
The chart below shows returns as on Feb 14 2014 (NAVof 358.44) of Rs 5000 monthly SIP in the Birla Sunlife 95 Fund Growth Option, for respective years starting 1999. The amounts are shown in Rs lakhs.
Birla Sunlife 95 Fund recently completed 19 years. Given its long term track record of strong returns, investors may consider this product for their retirement planning through systematic investment plans.
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 |
| Franklin India Smaller Companies Fund dividend Posted: 06 Mar 2014 02:31 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Franklin India Smaller Companies Fund dividend
Franklin Templeton mutual fund has declared dividend under its scheme called Franklin India Smaller Companies Fund (FISCF).
The record date for the dividend is February 14, 2014 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of February 17, 2014 and unit holders will be allotted additional units for the dividend amount.
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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