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[New post] RT 5-31-15… “Goodbye Section 215: Patriot Act key surveillance provisions expire”

kauilapele posted: "There's nothing like losing such a dear "friend" as these provisions of the Paatriot Act. But I'm sure, somehow, we will survive. -------------------------------------------------------- Goodbye Section 215: Patriot Act key surveillance provisions expir"

[New post] Office of Poofness will be available Monday…

kauilapele posted: "Hi, Folks - Word just in: Poofness newsletter is not expected till Monday afternoon at the earliest due to a computer issue. --hobie "

[New post] “The Sand Island Story”… a Backdrop for the Mauna a Wākea Movement

kauilapele posted: " There is a message here for some of you, I'm sure of that. This is a story of hope. This Sand Island Story, filmed in 1979-80 and published in 1981, tells some (actually, only a very small part) of the story, and history, of how Hawai'ian culture, "

Prajna Capital

Prajna Capital


Do not hod under performing MFs too long

Posted: 31 May 2015 07:55 AM PDT

 
 
The flipside of moving out too soon is the tendency to remain invested in funds even though they consistently underperform. In the table below, we have looked at the five worst underperformers in the past five years. These five funds have close to `690 crore of investor money, which has grown at an average annual rate of 4.5% in the past five years.

Thankfully, some investors have noticed the underperformance and punished it. The SBI Magnum Comma has seen its corpus dwindle from `653 crore in December 2009 to `224 crore now, a fall of 66%. Sundaram Select Focus, another chronic underper former, has seen its AUM fall by almost 70%.Still, about `7,000 crore lies in the 25 worst performing funds. This money has grown slower than the Nifty in the past five years.

Why aren't investors dumping these laggards? The advice in the market is often not in the interest of the investor. An adviser will get the investor to put in money but rarely ask him to take it out.

Ideally, one should monitor the performance of funds once in a quarter and review the portfolio once in a year. If a fund consistently underperforms for 3-4 quarters, it may be time to replace it with a better scheme.

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

HDFC Mutual Fund Roll over

Posted: 31 May 2015 06:17 AM PDT

HDFC Mutual Fund has announced roll over of HDFC FMP 371D June 2014 (1) by 777 days. The scheme will now mature on August 1, 2017.

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 Capital Protection Oriented Fund dividend

Posted: 31 May 2015 03:23 AM PDT

The ICICI Prudential Fund House also announced dividend under the following schemes:

Scheme

Dividend (R/unit)

ICICI Prudential Capital Protection Oriented Fund - Series IX

0.05

The record date has been fixed as June 02, 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 -

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