Prajna Capital |
- ICICI Prudential Dynamic Fund - Invest Online
- Buy a Basic Accident Cover First
- Canara Robeco Equity Diversified Fund - Invest Online
| ICICI Prudential Dynamic Fund - Invest Online Posted: 26 May 2014 05:04 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
ICICI Prudential Dynamic Fund
In a sense, ICICI Prudential Dynamic is an odd one out in our current selection because it is not intentionally a large and mid-cap fund. At least, that's not the main point about its design. This is a dynamic asset allocation fund which seeks to move money from equities to fixed income securities depending on market conditions. Basically, the idea is to reduce equity exposure when the markets are overpriced. This move is algorithmic-formula driven-and not decided actively by the fund manager.
It also happens that the equity portion is run like a large- and mid-cap equity fund, thus its place in our category. Historically, equity allocation has ranged from roughly 75 per cent to the high 90s-the current level being 85 per cent and the last year's average being 87 per cent. This indicates that the fund's allocation algorithm thinks the equity markets are towards the balanced side.
Does the theory work? It does appears so. With exception of 2007-which was a strange year, valuation-wise, the fund has always beaten its benchmark; it has always risen more than the benchmark in a rising market and fallen less in a falling market. The result-in its 12 years, the fund has gained a cumulative 100 per cent (6.5 per cent p.a.) relative to the benchmark, while the relative rate of return during the period has been 26.5 per cent, accumulating to over 14 times the original value. This returns plus risk protection formula has also led to a consistently high Star Rating of at least four stars for more than four years now.
Looking beyond the strategy at the actual execution, one notices that large cap exposure has been in the 60 per cents over the last year, although declining. Unlike some funds, this one doesn't shy away from a small exposure to small caps. The combination of relatively high mid-cap and small-cap exposure along with the protective asset allocation is clearly a potent combination. Of course, superior stock selection has to play a role in any strategy. In the final consideration, this fun has an enviable track record of bringing impressive gains to its investors.
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 | ||||||||||||||||||||||||
| Buy a Basic Accident Cover First Posted: 26 May 2014 04:42 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Experts feel adding features such as high sum assured or house modification after mishap to a basic cover will help individuals escape high premium outgo of a fully-loaded policy
Personal accident policies are not just about cover against accidental death or loss of limbs anymore. These days, many non-life insurance companies are offering feature rich covers and high sum assured on these policies.
According to insurance experts, many of these are really useful to customers. Consider, for example, the high sum assured of ` . 5 crore or a feature like modification of house after the mishap to make it more suitable for living. They can prove to be invaluable to customers.
But, the only trouble is that these additional features have a hefty premium, say experts. So, many of them are asking individuals to go for basic policy first and then consider adding useful features to it if they have the resources.
Personal accident insurance offering accidental death, permanent total disability, for a sum assured of at least 10 times annual income is a must. Plans with more features can be bought if the budget permits and if an individual needs.
Ideally one should have a feature-rich policy, but most people do not have their finances in place. It is better to buy a basic personal accident insurance cover first.
Personal accident insurance plans come into the picture when one meets with an accident. Such policies cover accidental death, permanent total disability (PTD), permanent partial dis ability (PPD). They also promise to pay weekly benefit of a fixed sum in case of temporary total disability (TTD). While, some plans offer to pay a fixed sum for broken bones, modification to the house, transportation of family and for buying blood, few others offer to pay for medical expenses arising out of an accident.
Though the bouquet of benefits looks good, each of these comes at a cost. For example, while the basic plan that offers accidental death, PTD and PPD benefit for a sum assured of ` . 10 lakh can be secured at ` . 1,100-1,200 per year, TTD benefits may cost almost 50% more than the basic plan. If more features such as accidental medical expenses benefit are added, you may have to pay 10% to 30% more. The final number keeps going up as you keep adding the number of features to the basic plan.
While the cost factor should have a bearing on the buying decision, one should not altogether avoid extra features or high sum assured, say experts.
Your approach to buying personal accident insurance cover should be — first buy a basic cover; if you have money go for more features, and if your budget still permits, go for a high sum assured.
For example, an individual with an annual income of . 5 lakh should have a basic accident insurance plan for a sum assured of . 50 lakh. If he can afford to spend more, more features can be looked at.
While shopping for additional features, individuals must decide using two factors — what is the possibility of the insured meeting with a risk arising out of an accident and how much benefit would be paid by the insurance company. For example, a salaried individual working as an office staff, who has a `paid leave' offered by his employer, may ignore buying TTD benefit. He may not be in the high risk zone and can afford to stay at home for four weeks due to TTD arising out of an accident.
You have to look at each benefit in absolute terms, too. Some of these benefits may be irrelevant in some cases. For example, transportation of family benefit is useless if you do not have a family, or you always travel with your family. Also each of these add-on benefits has sub-limit. House or vehicle modification expense is capped at lower of `. 1 lakh or 10% of sum assured.
Go for them if and only if these benefits in absolute terms make a difference to you, or spend your budget on Accidental death, PTD, PPD and TTD.
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 | ||||||||||||||||||||||||
| Canara Robeco Equity Diversified Fund - Invest Online Posted: 26 May 2014 03:43 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 Equity Diversified Fund (G)
Performance Indicators
Annual returns compared to benchmark  Cumulative returns compared to benchmark 
Value of Rs 10,000 invested 5 years ago  Value of monthly SIP of Rs 10,000 over 5 years 
Chart data as on 31.03.2014 Scheme Information
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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