Prajna Capital |
- HDFC Life Health Assure Plan
- Closed end Mutual Fund schemes Cost Structure
- DSP BlackRock FTP- Series 44 – 36M
| Posted: 12 Sep 2014 05:20 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 HDFC Life Health Assure Plan HDFC Life has launched HDFC Life Health Assure Plan. The plan offers reimbursement of medical expenses incurred in a hospital and is available in two variants--Gold and Silver. It allows coverage for families on a floater cover basis, and can be customised for additional coverage. It also insures 200 day-care procedures and offers pre and post hospitalisation benefits. 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 | ||||||||||||||||||||
| Closed end Mutual Fund schemes Cost Structure Posted: 12 Sep 2014 02:02 AM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Closed end Mutual Fund schemes Cost Structure
It's difficult to resist the temptation to enter the market now. With global and domestic brokerages predicting new highs for the benchmark indices in the coming months and years, investors would feel enthused. Even mutual funds (MFs) are aggressively launching equity schemes to ensure more participation. However, there is a catch. Most of these schemes are closed end ones. In comparison, between 2003 and 2008, there were 328 equity new fund offers (NFOs) but only 22 closed- end schemes. Closed- end MF schemes are where the investor can't exit for a certain period, such as three or five years. Though these are listed on the exchanges to provide an exit route, the absence of liquidity makes it difficult to sell units. If desperate, one might have to exit at a discount. There is no empirical evidence that closed- end equity schemes will perform better than open- end schemes. So, from that perspective, why should one get into a scheme that will not allow an easy exit route?. There is an important drawback of closed- end funds; you cannot do a Systematic Investment Plan ( SIP) in these. As a result, both fund managers and investors can get stuck. Investors are forced to commit a lump sum because once the scheme closes, there cannot be any fresh collection. This can hurt the scheme's performance as well, since the fund manager does not get any fresh money to average out costs if the stock he favours falls sharply. In products like fixed maturity plans, getting locked in works because the fund manager can buy debt instruments matching the scheme's tenure. But in the case of equities, the case is different. Financial planners feel if someone is a lazy investor or has a tendency to churn or move money, such schemes work because they are forced to stay invested. But the price to be paid for the absence of discipline can be high. If the market tanks before maturity, there could be serious losses staring at you. Once you have invested in such a scheme, there is no way to review its performance, an important thing for NFOs, and exit if the performance is not up to the mark. What explains the sudden spurt in closed- end schemes? The investor is locked in for a long time in closed- end schemes. For a five year fund, the 2.5 per cent annual charge means the fund house knows it is likely to be able to eventually charge around 12.5 per cent of the amount invested, perhaps more if the markets take off. This creates a basis for paying a large sales commission, say of five per cent, to attract investments. In an open- end scheme, there isn't any surety that investors would stay in a scheme for a long term. The advice: There are enough good open- end schemes with a good record. If you can maintain discipline, invest through the SIP 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 | ||||||||||||||||||||
| DSP BlackRock FTP- Series 44 – 36M Posted: 11 Sep 2014 10:40 PM PDT Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 DSP BlackRock FTP-Series 44 – 36M as per details 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
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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