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- International Funds - A Good Investment Option for 2015
- UTI Dynamic Bond exit load
- Religare Invesco Tax Plan dividend
| International Funds - A Good Investment Option for 2015 Posted: 08 Jan 2015 04:16 AM PST
Schemes, especially those focused on US, will gain on stronger dollar & US growth revival
Investors expecting moderate returns from Indian equities in 2015 may opt for mutual fund schemes that invest in international markets -mainly the US -in the New Year. The prospect of a strengthening dollar against the rupee amid improvement in the US economy is expected to draw fresh flows into domestic mutual fund schemes investing in American stocks. The US economy is on strong recovery path and currently the best globally, which will also get reflected in their stock markets. Investors should make prudent decision in asset allocation and we would like to advise US focused international funds as they hold promise amid global slowdown. Six domestic mutual funds, including Motilal Oswal Asset Management, DSP BlackRock, JP Morgan, ICICI Prudential, and Franklin Templeton, run schemes with exposure to US equities. The average returns from these schemes in 2014 were 14% against the 30% advance in the Sensex. But mutual fund officials and analysts paint a rosier picture for these schemes in 2015. The US markets are definitely better placed than most of the markets around the world, especially at the time when there is slowdown in Europe and Japan. As the US dollar continues to gain strength, it would be always wise to invest in international funds to hedge against local currently. Expectation of a rate hike by the US Fed in 2015 is fuelling talk of a stronger dollar against global currencies. The US dollar is expected to strengthen against major currencies and if the domestic currency comes under pressure, then there will be additional gain in international funds. The rupee weakened 2% against the dollar in 2014, and is currently trading around 13-month low of 63.36. The US benchmark index, Dow Jones, gained only 10% last year. Investors should always take wise decision and diversify e decision and diversify their portfolio risks by allocating 15-20% to US focused international funds, which is a strong economic recovery theme. Some fund houses expect Chinese and European equities to also rally in 2015. Last year, Chinese equities outperformed India in a rally later in the year after the country's central bank cut rates. We expect Chinese markets to extend gains in 2015 as the price to earnings (PE) multiple is trading around attractive levels of 11 times. We expect further interest rate cuts in China with inflation at 1.5%, which may boost market sentiment. Mutual fund managers say many high net-worth individuals (HNIs) and ultra HNIs generally invest in these funds as they look to diversify their fund allocation beyond India, especially during uncertainties in equity markets.
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 - 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 Download Mutual Fund Application Forms from all AMCs | ||||||||||||||||||||||||||||||||||
| Posted: 08 Jan 2015 02:49 AM PST
UTI Dynamic Bond exit load
UTI Mutual Fund has revised the exit load of the following schemes, with effect from January 01, 2015:
The fund house has also extended the closing date of NFO of UTI Fixed Term Income Fund Series XXI-I (1100 Days) to January 05, 2015
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 - 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 Download Mutual Fund Application Forms from all AMCs | ||||||||||||||||||||||||||||||||||
| Religare Invesco Tax Plan dividend Posted: 08 Jan 2015 02:00 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Religare Invesco Tax Plan dividend
Religare Invesco Mutual Fund has announced dividend under the following schemes:
The record date has been fixed as December 31, 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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