Prajna Capital |
- Merger of Canara Robeco Nifty Index into Canara Robeco Large Cap+ Fund
- Invest in Public Provident Fund before April 5 to earn maximum Returns
- Loan to Value Ratio (LTV)
| Merger of Canara Robeco Nifty Index into Canara Robeco Large Cap+ Fund Posted: 08 Apr 2014 01:53 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Canara Robeco Mutual fund announced the merger of Canara Robeco Nifty Index into Canara Robeco Large Cap+ Fund effective from April 30, 2014. Following the merger, the fundamental attributes remain the same. The existing unit holders, who do not approve of the above merger, have an option to exit the scheme anytime between April 01, 2014 to April 30, 2014 without paying any exit load.
The quantum of dividend shall be Rs 0.0389 per unit. The record date has been fixed as April 03, 2014. 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
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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 |
| Invest in Public Provident Fund before April 5 to earn maximum Returns Posted: 08 Apr 2014 01:22 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Invest in Public Provident Fund before April 5 to earn maximum returns for the entire financial year
With the financial year starting on Tuesday, being a little smart now will help earn better returns. An example: Many people, including employees, show preference for the Public Provident Fund ( PPF) for two reasons: One, it is safe and provides steady returns over the long term. Two, the returns are tax- free.
But in order to earn the maximum returns of 8.7 per cent, you should deposit the entire ₹ 1 lakh before April 5. " Irrespective of the tax bracket, we advise people to invest in the PPF at the start of the year," says financial planner Suresh Sadagopan.
Why? It's because the government pays the rate of interest on the least balance between the 5th and 30/ 31st of every month. In other words, if you deposit any amount after April 5, it will earn no interest for that month. So, the ideal way to maximise the interest on your PPF account would be to invest ₹ 1 lakh ( the maximum investible amount in a year) in one go. Suppose, you don't have ₹ 1 lakh now and want to deposit ₹ 10,000 every month in 10 instalments, the plan should be to invest before the 5th day of every month.
The benefits of having a PPF account are many. And, it can be used in different ways. According to Sadagopan, if you want to save for long- term goals like children's education or their marriage and retirement planning, PPF is an ideal instrument to do so. "You can start a PPF account in the child's name, so that when he goes for further studies, he will have a tax- free corpus in hand." In fact, instead of looking at childrens insurance plans to save for the child's future, it makes sense to go for PPF. He also advises investing in the wife or husband's name because the taxation based on clubbing of income will not apply here.
While a PPF account matures in 15 years, the tenure can be extended in blocks of five years after maturity. The balance continues to earn interest at the normal rate. The good part: The minimum investment of ₹ 500 has to be maintained even for accounts extended beyond 15 years. This does not mean your money is locked for this period. The lock- in period falls with every passing year.
If you need money, you can withdraw after the sixth year, but it cannot exceed 50 per cent of the balance at the end of the fourth year, or the immediate preceding year, whichever is lower. You can also withdraw only once in a financial year. You can also take a loan against it. But remember till one loan is repaid, you cannot take more loans.
There are many other things that you can do at the start of the financial year. If you want to have any investment plans, instead of bunching everything up for the end the financial year, do it in instalments from April itself. This will reduce the financial burden at the end of the financial year.
The quantum of dividend shall be Rs 0.0389 per unit. The record date has been fixed as April 03, 2014. 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: 07 Apr 2014 11:17 PM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Loan to value ratio (LTV)
The quantum of dividend shall be Rs 0.0389 per unit. The record date has been fixed as April 03, 2014. 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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