Prajna Capital |
- RELIANCE EQUITY OPPORTUNITIES FUND - Invest Online
- EPF contributions
- Longer Terms for Education Loans
| RELIANCE EQUITY OPPORTUNITIES FUND - Invest Online Posted: 11 May 2015 05:04 AM PDT RELIANCE EQUITY OPPORTUNITIES FUND It is a multi-cap fund that invests in stable large-sized companies and growth oriented mid and small-sized companies. But, the fund managers handle the portfolio in a different way. They also explore battered sectors and emerging themes that have helped the fund deliver consistently. The fund has the flexibility to invest across market capitalisations. From a long-term returns perspective, the fund continues to be among the top quartile in the multi-cap category. The fund's returns could be squeezed if thematic bets go awry. 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: 11 May 2015 03:56 AM PDT EPF contributions 1 Your provident fund contribution of 12% of basic pay is split into various components, including an administrative charge. 2 8.33% is contributed towards Employees Pension Scheme (EPS), with a cap of `1,250 or 8.33% of `15,000. 3 The balance amount is contributed towards Employees Provident Fund (EPF). If your contribution of 12% amounts to `2,000, `750 goes towards the EPF after `1,250 goes towards EPS. 4 The employer matches the 12% contribution and this is usually included in the cost-to-company calculations. 5 1.61% is recovered towards deposit insurance and administrative charges for EPF and EPS. This is deducted from your salary bundled with your PF contribution. 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 | ||||||||
| Longer Terms for Education Loans Posted: 11 May 2015 02:13 AM PDT To make sure that no child misses out on an opportunity to pursue studies due to lack of funds, the government is considering lending for skill development courses and extending the tenure of education loans. The tenures range from five to seven years now. To encourage banks to lend to students, the government is also going to create a `1,000-crore credit guarantee fund that banks can draw upon in case of defaults on loan repayments. The plan is to give cover against default to 65% of the loan amount. As of February, banks' outstanding education loans totalled `63,500 crore. Banks have witnessed 5-10% of their education loan portfolios turning bad. Most defaults are related to loans of up to `4 lakh where in banks aren't allowed to seek any collateral. 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 |
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