Tuesday, January 27, 2015

Prajna Capital

Prajna Capital


What is Deflation?

Posted: 27 Jan 2015 05:27 AM PST

 

1 An economic condition where the average price levels are lower than the price levels witnessed during the previous year as the inflation rate turns negative.

2 The most common cause of deflation is a reduction in spending by companies or individuals leading to low demand for goods and services.

3 Deflation affects the pricing power of companies, erodes profits and forces them to lay off employees, which leads to increased unemployment.

4 Governments and central banks worry about the impact of deflation on employment and wages, and tend to increase spending to encourage demand revival.

5 The problem in many economies is despite keeping the interest rates low and government spending, there is deflation and weak demand.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

ICICI Prudential Growth Fund - Series 1 Dividend

Posted: 27 Jan 2015 04:21 AM PST

Notice for declaration of dividend under the following schemes on the record date of January 30, 2015.

The details are mentioned in the table below.
Plans / Options under the SchemesFace Value
( in ₹)
NAV as on January
22, 2015
(₹ /unit)
Dividend
( ₹ /Unit)
ICICI Prudential Growth Fund -Series 1 -
Regular Plan - Dividend Option
1013.030.75
ICICI Prudential Growth Fund - Series 2 -
Regular Plan - Dividend Option
1012.440.75


Pursuant to payment of dividend, the NAV of dividend plans/options of the Schemes would fall to the extent of dividend payout and statutory levy, if any.
 

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

LIC Nomura MF Rajiv Gandhi Equity Savings Scheme – Series 3

Posted: 27 Jan 2015 02:45 AM PST

LIC Nomura MF Rajiv Gandhi Equity Savings Scheme – Series 3 NFO has opened for subscription from 16th Jan 2015 to 30th Jan 2015. The key features of the scheme are as mentioned below:

Type of Scheme

A Close Ended equity scheme which shall invest in eligible securities as Rajiv Gandhi Equity Saving Scheme 2012

Benchmark

S&P BSE 100 Index

Fund Manager

Sri. Nobutaka Kitajima

New Fund Offer (NFO) Period

16th Jan 2015 to 30th Jan 2015.

Minimum Application Amount

Rs. 5000 and in Multiples of Rs.1 thereafter

Plans/ Options Offered

Regular - Growth & Dividend Payout Option

Direct Plan - Growth & Dividend Payout Option

Liquidity

To be listed

 
 
 
 
 
 
 
 
 
 
 
 
Best Tax Saver Mutual Funds or ELSS Mutual Funds for
 
2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

Invest in Tax Saver Mutual Funds Online -

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

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