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- Mutual Fund Triggers
- How secure are your home contents?
- Birla Sun Life Emerging Leaders Fund – Series 5
| Posted: 16 Dec 2014 04:59 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Mutual Fund Triggers
Power of Triggers
Trigger facility is an additional, optional feature provided in mutual fund schemes, which enables investors to book profit automatically at a pre-defined time or value. In another words, the fund declares a dividend, redeems and/or switches the units automatically on behalf of the investor on the date of the event.
Principal Mutual Fund has introduced the option of Triggers in its funds. You can specify a specific event, which may be related to time or value, in advance and when this event takes place the trigger is activated. Thus, this facility enables you to keep track of your investments without having to put in time and effort to track portfolio movements on a regular basis. It also helps you maintain a disciplined investment approach that ensures that you meet your investment goals. Triggers are of three types –time-based, value-based and event-based.
Time-based triggers
Time-based triggers are activated on a particular date that you have specified. For example, if you wish to gift some units to your mother on her birthday, a trigger can be set for that date.
Value based triggers
These triggers are based on the change in value of your investments. For example, you need 7.5 lakh for meeting the expenses of son's higher education after 5 years and you have invested 5 lakh in an equity scheme for this. If you set a trigger for change in investment value by at least 50%, the money is shifted to a low risk scheme as soon the value reaches that figure. In this way, the dream of your son's higher education will not go sour even if the market turns bearish.
Event-based triggers
You can also set triggers based on the occurrence of a particular external event that affects the value. For example, you want to set the Sensex value of 20,000 as a trigger. If the Sensex is less than 20,000 on the date of allotment, the trigger would be activated when the Sensex closes above 20,000. However, if the Sensex is more than 20,000 on the date of allotment, the trigger would be activated when the Sensex closes below 20,000.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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--------------------------------------------- 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 |
| How secure are your home contents? Posted: 16 Dec 2014 02:09 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
How secure are your home contents?
Find out the conditions under which the insurance company will cover your gadgets and appliances, and not reject the claim.
Buying a house is probably the single largest investment in one's lifetime, spending as one does a substantial chunk of one's savings on the prized possession. The spending does not stop there. A considerable sum then goes into kitting out the interiors, which increases the value of the property. Yet, scores of home owners fail to insure this asset, typically due to lack of awareness. Here are the five common situations under which you may require a householder insurance plan, and the circumstances under which the contents may not be insured.
1 You drop and damage your LED TV, microwave or computer.
If you damage a gadget, a home insurance policy may not come to your rescue. Insurers can attribute the damage to carelessness and reject the claim.
However, some insurers are more accommodating. A basic home insurance policy covers only risks like fire, earthquake, burglary, etc. However, if one opts for the all risk (functional equipment) cover for contents as well, the policy will insure the cost of damage to an equipment while shifting within the house.
Bear in mind that the policy will only reimburse the cost of repair or, in case of total damage, the cost of equipment, subject to depreciation. Certain insurers cover accidental damage subject to the age of the equipment. For instance, Bajaj Allianz My Home All Risk policy offers coverage for equipment that is up to 10 years old. For portable equipment, it is five years.
In our policy, we have a section called breakdown, which covers electronic and electrical items in the house for electrical and mechanical failure. Along with this, audio and audio-video appliances are also covered for accidental damage.
2 Sudden surge in power damages your air conditioner, refrigerator, television.
Most insurers do not cover any damage to an electrical equipment caused by power fluctuation. One can stake a claim only if the appliance is destroyed due to a fire, which is the result of a power fluctuation or short circuit. Insurance companies such as Bajaj Allianz cover electrical and mechanical breakdown on the condition that the equipment is not more than 10 years old.
3 Domestic help or a relative is involved in a theft in your house.
Some policies, such as the HDFC ERGO Home Insurance, cover valuable contents, including gadgets and ornaments, against the incidence of theft--irrespective of who the culprit is--if it happens in your absence. You will have to file a first information report (FIR) before making a claim. However, insurers can simply deny the claim citing that the loss has been caused by a person who had authorised access to the house.
4 You leave a gadget or an appliance on, and it leads to fire.
If the insured can establish that he or she did not deliberately cause fire, the loss is typically covered. Damage to household equipment due to fire, as long as it is not due to wilful negligence, is covered under our householder's policy, provided the equipment is less than 10 years old.
5 A storm uproots a tree or a pole that damages your house.
A storm is a special peril and home insurers compensate the insured for the loss or damage to property due to a natural calamity--storm, cyclone, typhoon, tempest, hurricane, tornado, flood or inundation. In case of a storm, there are high chances of damage to the house due to uprooting of trees or collapse of man-made structures. Such losses are covered under a householder's policy. However, if rainwater enters your house and causes damage, say, to the contents in the basement, the policy may not compensate you. Keep in mind that the rainwater entering the house will not be covered under the policy unless there is a flood situation. It means the relevant authority in the particular area has to declare the same. If the contents in the basement are specifically mentioned in the policy as part of the contents insured, only then will they be covered.
Things to keep in mind
Since the terms and conditions of various household policies differ, it's important to go through these carefully. These policies come with a compulsory deduction. It can either be a percentage of the claim amount, usually around 5%, or `2,00020,000, whichever is higher, for cover. This is the sum that you will have to pay from your pocket before you can avail of the indemnity cover. For electronic and electrical items, the deductible could as low as `250. The insurer also considers the deprecation, depending on the age of the gadget, for compensation. If the claim is legitimate, each one is cleared, even a minor claim of `1,000 or less. The premiums of household insurance policies are in the range of `2,000-10,000.
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 |
| Birla Sun Life Emerging Leaders Fund – Series 5 Posted: 15 Dec 2014 11:31 PM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Birla Sun Life Emerging Leaders'Fund – Series 5
Birla Sun Life Emerging Leaders' Fund – Series 5. This would be a 3-Year close ended equity scheme and the NFO dates are from 15th to 26th December 2014.
The endeavour will be to pick companies which could become potential leaders in their respective fields in the small and midcap sector. The investment emphasis would be on identifying companies with sound corporate managements and good prospects of future growth.
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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