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| Mutual Funds are better than ULIPs Posted: 23 Jun 2014 05:08 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Mutual Funds Score over ULIPs
Surrendering your ULIP after 5 years won't subject you to heavy charges. Invest the money in appropriate mutual funds
ICICI Pru Life Time policy is a unit linked plan which charges heavily during initial years. The charges reduce subsequently. Total expenses from third year onwards for the plan are near to 6.5 percent p.a.
Balanced funds on the other hand at most charge 3.28 percent annually which is almost half of the charges under the unit linked policy. You have already invested with the policy for last 11 years which is a very long time frame. Over this period, top balanced mutual funds such as HDFC Prudence or Tata Balanced would have managed a 20 per cent CAGR return. Anyway, as far as your question of continuing with the policy is concerned, a good thing about the plan that there are no surrender charges if you surrender anytime after completion of three years. You still have 10 long years to reach your goal. Surrender this policy and invest into well rated balanced funds if you really want to control risk.
However, given your long horizon, even large or multicap equity funds may deliver good results.
In mutual funds, you can phase out your investment through monthly SIPs instead of investing one big lumpsum at one date in the year. Consider funds like HDFC Top 200, Quantum Long Term Equity and ICICI Pru Top 100 for your choices. You must however start switching from equity into debt as you near your goal. Just as an example, if you start from zero, and assuming your investment grows at 12% per annum, you would need to invest R3600 monthly to accumulate R8.20 lakh in 10 years.
Insurance is not to be confused with investment. We have always been advocating that investors keep insurance and investments separate. Continue with your term policy with Aviva because this is a pure protection product.
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
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: 23 Jun 2014 02:01 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Decoding the OFSPopular
What is OFS?
OFS or offer for sale was originally mooted as a window provided by stock exchanges to promoters of listed entities to help them dilute holdings in a transparent way. This exchange- based bidding platform came into being in July 2012 following a circular from the stock market regulator. It is faster and more cost- effective than other available routes for a promoter.
What has changed?
Not only promoters but also non- promoters having 10 per cent holding in the company are now eligible to take this route to offload their stake. Further, to encourage retail participation in OFS ( which has been missing), a minimum 10 per cent of the issue size has to be reserved for retail investors.
Who is a retail investor?
Investors who are bidding with amounts less than ₹ 2 lakh will be eligible to be called retail investors.
What happens if this reserved 10 per cent remains under- utilised?
In that case, the unutilised portion may be offered to other investors.
Will there be any discount for retail investors in OFS?
According to the regulator, the seller of shares may offer a discount to retail investors in accordance with the framework specified from time to time. The degree of discount is likely to be left to the company to decide upon.
Which non- promoters can now sell shares through OFS?
Only those non- promoter shareholders having more than 10 per cent or such percentage as specified by the Sebi from time to time shall be eligible to use the route. Financial institutions and private equity firms will get an exit route through OFS.
Which companies fall under the OFS route?
Shareholders of India's top 200 companies by market capitalisation
The Securities and Exchange Board of India ( Sebi) has revamped the offer- for- sale ( OFS) route. It has expanded eligibility criteria for companies that can tap the route, as well as moved to allow greater participation by retail 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
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 | ||||||||||||||||||||||
| PineBridge India Total Return Bond Fund dividend Posted: 22 Jun 2014 11:09 PM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
PineBridge India Total Return Bond Fund dividend
PineBridge Mutual Fund has announced dividend under the following schemes:
The record date has been fixed as June 25, 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
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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