Prajna Capital |
- ICICI Prudential Growth Fund - Series 1
- Tax Free Interest Benefits
- ICICI Prudential Equity Arbitrage dividend
| ICICI Prudential Growth Fund - Series 1 Posted: 29 May 2014 07:36 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 Growth Fund - Series 1, a 3 year close ended fund, which we believe is a great investment opportunity to participate in India growth story.
There are some strong fundamental reasons for launching ICICI Prudential Growth Fund - Series 1: Government with a strong mandate has emerged at the centre (with clear majority after a long period of 3 decades) Last time the market saw a clear majority for any govt. was way back in 1984. 3 year Sensex returns post 1984 elections was approx 70% on absolute basis. This event is a big structural change for equities as the decision making process would be on a fast track mode and will pave its way for structural reforms. This can lead to potential re-rating/upgrades in earnings of the corporates in several sectors.
While Sensex is at all time high, there are opportunities in the mid & small cap space and across sectors for example, banking and infra. The current situation is similar to 2004-06, when along with GDP growth, these sectors gave phenomenal returns.
Presenting ICICI Prudential Growth Fund - Series 1, a 3 year close ended equity fund that aims to : Identify companies which are likely to see growth in earnings over next 3 years period. Invest across market cap with a bias towards mid and small cap space, Infrastructure and Banking sector
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: 29 May 2014 06:37 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Check for ceiling on your tax free interest benefits
The risk here is that in the process of earning tax free returns the actual yield of rate earned for the individual could be going down
When it comes to the question of tax free interest there are two ways in which these would be available as a benefit for the individual. There can either be a limit that is set upto which specific types of interest would not have any tax levied on them or it could that there is no such limit present. The individual has to check if the instrument where they are making the investment has any limit present and then they should make their respective calculations. Here is a closer look at the issue along with some of the instruments where this is available and how the investor can deal with them.
Tax free limit
There are some instruments that are present where the income earned is tax free but there is a limit to which this would be applicable. The manner in which this works is that upto the limit specified there is no tax on the interest but once the figure crosses this limit then the amount would be added to the taxable income of the individual. One such area where the interest is tax free to a limit is the savings bank account. In case of this account the interest earned during the year upto Rs 10,000 is tax free and if the income is above this level then the additional amount would be taxed. This would ensure that the individual does some planning to ensure that there is enough interest generated from the savings account that can reach up to this limit. The risk here is that in the process of earning tax free returns the actual yield of rate earned for the individual could be going down. The other area where there is a limit that the individual would experience is that with the post office savings account interest. Here the amount that is tax free is only Rs 3,500 for an individual where the account is in an individual name and Rs 7,000 where this is a joint account. This means that keeping too much money in the post office savings bank account might not be wise as the excess return would end up getting taxed in the hands of the individual.
Tax free without limit
There are other options where the individual would get the benefit of tax free income but there would not be any limit on the amount of income that could be earned this way. This is one of the best options for the individual in the sense that they do not have to worry about the extent of the figure that is actually earned from this particular area. This would ensure that someone who has a large amount of corpus can actually plan their finances in such a manner that they would end up with a large part of tax free income. This is significant in the sense that there is a large amount of freedom for the individual to plan their finances in a proper manner. There are a lot of tax free infrastructure bonds that are being launched since the last few years and these are the instruments where the individual would not have to worry about the amount that they invest in these bonds as well as the amount of income that is actually earned from these. This is because there is no limit to the extent that would actually be tax free in the hands of the individual and hence this gives a lot of leeway to them about the amounts that they actually want to channelize in this area. The problem with the tax free bonds is that they might not be available for investment when required if a new issue is not open or that there is not much liquidity available in the secondary markets.
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 | ||||||||||||||||||||
| ICICI Prudential Equity Arbitrage dividend Posted: 29 May 2014 02:05 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 Equity Arbitrage dividend
ICICI Prudential Mutual Fund has announced dividend under the following schemes:
The record date has been fixed as May 30, 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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