Tuesday, May 6, 2014

Prajna Capital

Prajna Capital


Birla SunLife FTP Series Dividend

Posted: 06 May 2014 05:06 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

 

Birla SunLife Mutual Fund Dividend

 

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla SL FTP Series GY Reg-D, Birla SL FTP Series GY Reg-DQ, Birla SL FTP Series GY Direct-D and Birla SL FTP Series DA-D.

 

The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as May 08, 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

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

El Nino

Posted: 06 May 2014 04:17 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

 

What is the El Nino factor and how does it affect the Indian monsoon?


El Nino is a particular pattern of warming of the Pacific ocean water that leads to erratic rainfall in various parts of the world, sometimes leading to crop failure, drought, etc. The development of an El Nino-type situation in the Pacific often leads to a weaker monsoon in India, which may result in a higher food price inflation rate because of a fall in crop production and lower GDP growth. Last week, the Indian Meteorological Department said that there was a 60% chance of El Nino this year and that this year's monsoon in India is expected to be below normal. Economists are divided if this year's below-normal monsoon could lead to a spike in the prices of food and other agricultural commodities because of huge stockpiles of grain in government storage facilities. A below-normal monsoon often leads to a slide in the stock market mainly because of the fall in the GDP growth rate.

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

Own Gold without holding it in the physical form with Gold ETFs

Posted: 06 May 2014 02:25 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

 

ETFs give investors a way to own Gold without holding it in the physical form



The traditional way of investing in gold is buying physical gold — coins, biscuits and bricks. However, this form of buying gold for investing comes with several disadvantages, like doubts about the purity, security, the high cost of storage, etc. This, combined with the popularity of gold as an investment product over the past few years when its price was skyrocketing, gave rise to financial innovations about how one can invest in the yellow metal.


Gold exchange-traded funds (ETFs) and fold fund of funds (FoFs) are some of those that came into existence in the last decade or so, finding their way into the investment space through the mutual fund industry in India. While gold ETF is the more popular route to invest in the precious metal in the country, gold FoFs too have gained currency among investors. Through innovative financial engineering, ETFs combine the popularity of buying the yellow metal without holding it in physical form, have lower tax rates, give leeway to trade on the bourses, and also the freedom to realise nearly the full value of the metal.


However, investors are often faced with the choice of either investing through the ETF route or going through an FoF.


Gold ETFs


There are several advantages of investing in gold through the ETF route over the FoF route and physical gold: The option to buy gold in small quantities, a guarantee of quality and purity, being nearly risk-free in terms of holding ETF units, a tax advantage over buying physical gold, realisation of full value of the gold while disposing off the units, etc, top investors' minds (Gold ETFs: A better bet).


Of these, the taxation advantage is one of those advantages that are not known to many, financial advisers and planners say. If you invest in gold ETFs, hold it for more than a year and make some profit, you will be liable to pay a capital gains tax of 10%.


On the other hand, if you buy gold coins, bars, etc, and profit from its rising prices, you need to hold the asset for more than three years to qualify for the 10% capital gains tax.


Also, in ETFs and FoFs, you don't need to pay wealth tax while, under some conditions, you may face some wealth tax if you have invested in physical gold. In the case of ETFs and FoFs, value added tax (VAT) is not levied, but this has to be paid in case you buy the yellow metal in the physical form.


New avenues for wealth creation
Of late, some fund houses have also launched wealth-builder funds that combine equity, debt and gold investments in one single scheme. In some funds, to gain the tax advantage, the scheme invests at least 65% in equities, while the fund managers have the advantage of investing between 0% and 35% of the corpus in debt and gold. So here, even if you have made good gains in gold and create wealth over the long term, you are exempt from paying any tax.


Advantages of gold exchange-traded funds


Affordability: Ideal for retail investors as they can buy gold in small quantities

Purity: The purity of gold held by fund houses is guaranteed, usually at 99.5%.

No risk of theft: Issued in demat form and, hence, far safer than holding physical gold Liquidity: Bought and sold like any other stock on bourses

Transparency: Prices quoted on bourses in real time Low holding cost: Buying, holding and selling costs for ETFs are lower than physical gold. Also, there are no locker charges for ETFs.


Tax benefits


a) Long-term capital gains tax of 10% in case ETFs are held for over a year, compared to three-year requirement in case of gold coins, bars, etc b) No wealth tax, VAT c) No securities transactions tax
Big-buyer advantages: HNIs buying a large number of gold ETF units can redeem & take delivery of physical gold instead of money. Some fund houses also allow small quantities' delivery

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

No comments:

Post a Comment