Prajna Capital |
- Canara Robeco India Opportunities
- Taxation - Do not Think Short Term Investing
- Inflation indexed bond funds
| Canara Robeco India Opportunities Posted: 19 Nov 2014 04:08 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Canara Robeco India Opportunities Canara Robeco Mutual Fund has launched Canara Robeco India Opportunities, a closed-end fund that will invest primarily in equities of mid-cap stocks. The NFO closes on 28 November. 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 | ||
| Taxation - Do not Think Short Term Investing Posted: 19 Nov 2014 02:43 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Taxation - Don't Think Short-Term Buying and selling stocks and mutual funds too often will incur a tax liability While investors in fixed deposits need to take into account the taxability of the income, even equity investors need to be careful about the tax implications. Long-term gains from stocks and equity funds are tax free. But if you sell before one year, there is a 15% short-term capital gains tax to be paid on the income. If you are trading too often in the hope of making quick gains, the tax would shave off some of your gains. It's worse in case of debt funds, where the minimum holding period for long-term gains has been extended to three years. What you should do: Short-term trading in stocks not only pushes up your tax but also limits your earning potential. Hold on to your stocks and take advantage of the tax exemption. Hold on to your debt funds for at least three years to avoid high tax. NOT AVAILING EXEMPTIONS If you are in the highest tax bracket and invest `1.5 lakh under Section 80C, you can bring down your tax by up to `46,350 (see table). However, not all taxpayers are able to capitalise on the tax saving opportunities available to them. Though individuals with low incomes may not be able to avail of the entire limit of `1.5 lakh, those with higher incomes can make full use. What you should do: Instead of waiting till the fag end of the financial year to start your tax planning, start investing under Section 80C from April itself.
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: 19 Nov 2014 01:40 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Inflation indexed bond funds Asset management companies (AMCs) and insurance entities are awaiting fresh issuances of inflation- indexed bonds (IIBs) by the central bank, to launch new offers in the segment. Last week, SBI Mutual Fund launched a new fund offering for its IIBs. More players said they could launch similar products if the Reserve Bank of India (RBI) decides to conduct auctions for inflation linked bonds. So far this financial year, such bonds haven't been auctioned by the central bank, forcing AMCs and insurers to hold back their plans. We don't want to launch a fund where the underlying market is extremely illiquid. We had considered this product and also filed the prospectus. But once the issuance stopped, we decided to not go ahead with the product. It is an asset class about which we are positive. If RBI looks at primary issuances of this product. However, as inflation is on a declining path, experts believe IIB funds at this point might not see high demand. There will be a small demand for these products. This is because investors will look at these products as a hedge against inflation. These products are in demand when inflation rises, as the return at that time turns out to be attractive. In the current financial year, say experts, RBI had not auctioned these bonds as the response last year was not so positive. Wholesale Price Index (WPI) - based inflation dropped to 2.38 per cent in September, the lowest since October 2009 (1.78 per cent). Currently, the secondary market for IIBs are illiquid and primary issuances are not coming. SBI MF, which is relying on the secondary market for buy these bonds, expects its latest offering will attract institutional investors. These papers are available in the secondary market. Going forward, there would be a demand from such kind of products from at least the institutions. That is why we have come out with this fund offering. We are the first ones to launch this product. Their offering is aimed at investors with a low to medium risk profile. The fund will invest in WPI linked inflation indexed bonds. The first tranche had come in June 2013. These bonds had a fixed real coupon rate and a nominal principal value that was adjusted against inflation. Periodic coupon payments are paid on the adjusted principal. These bonds provide inflation protection to both principal and coupon payment. At maturity, the adjusted principal or the face value, whichever is higher, will be paid. In the current financial year, the Reserve Bank has not auctioned these bonds as the response last year was not positive 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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