Prajna Capital |
- Canara Robeco Gilt PGS Trigger Facility
- ICICI Prudential Capital Protection Oriented Fund
- Way to Invest In ELSS FUNDS - Tax Saving 2014 - 2015
| Canara Robeco Gilt PGS Trigger Facility Posted: 02 Jun 2014 05:17 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 has announced to introduce the Trigger Facility based on Target Appreciation Percentage (TAP) under Canara Robeco Gilt PGS with effect from June 17, 2014.
Under this facility, the investor can select a specific percentage of target return, the value of which, if achieved in the scheme, shall be automatically switched to any of the open ended schemes of Canara Robeco Mutual Fund as selected by the investor.
This switch shall only be up to the extent of the amount appreciated as per the target return, while the original invested amount shall remain in the scheme.
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--------------------------------------------- Invest Mutual Funds Online
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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 Capital Protection Oriented Fund Posted: 02 Jun 2014 04:20 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 Capital Protection Oriented Fund V Plan F 1100 Days NFO is open for subscription from 19th May 2014 to 30th May 2014. The key features of the scheme are as mentioned below:
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 | ||||||||||||||
| Way to Invest In ELSS FUNDS - Tax Saving 2014 - 2015 Posted: 02 Jun 2014 02:34 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Are you one of those taxpayers who run around to make tax-saving investments at the fag end of the year? March is a busy season for insurance agents because many taxpayers hurriedly buy life insurance policies only to save tax. But mutual fund investors are no better. They invest lump-sum amounts in ELSS funds just to beat the 31 March deadline for making tax-saving investments under Section 80C.
Investing a large amount at one go in an equity fund can be risky. It becomes even riskier if you cannot touch the investment for at least three years. ELSS funds have a lock-in period of three years during which you cannot withdraw or switch to another option.
Unlike a tax-saving fixed deposit or the PPF, where investors can safely put the entire money at one go, ELSS requires a different approach. Being an equity investment, it is exposed to market risk. Your returns will depend to a large extent on the point of entry and exit. If you invest when the market is at its peak, you could end up with losses that might wipe out any savings in tax from the investment. Even if you spread your investment over the last three months of the financial year, it will not reduce the risk to a great extent. If you invest at the end of the year, you will end up timing the market.
Instead, it is better to spread out the investment across the year by starting an SIP in an ELSS fund in April itself. We did a back calculation and found that an investor who started putting `5,000 a month in an ELSS fund from April 2009, would have amassed a total of `4.09 lakh. On the other hand, an investor who put `60,000 in the same fund at the end of the financial year would have only amassed only `3.82 lakh. The SIP investor made `26,300 more than the lump-sum investor
This clearly shows that SIPs should not be treated as a shibboleth, a marketing device that can lure long-term investment. There are real benefits for investors who use this strategy, especially taxpayers who invest in ELSS funds. Instead of running around in panic when the financial year is drawing to a close they can complete their tax planning way before the deadline. What's more, funds often declare dividends around February. If you invest in March, you will get the dividend only after a year.
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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