Prajna Capital |
- Gilt Funds Out perform Sensex
- Religare Invesco Mutual Fund schemes on BSE Platform
- Birla Sun Life Century SIP
| Posted: 12 Jun 2015 05:09 AM PDT Aided by a few rate cuts, gilt funds have outperformed the Sensex over periods of three months, six months and one year.
Gilt funds invest in medium and Long Term Government Bonds and fetch maximum returns in a bond rally when prices of underlying assets rise. High Net Worth Individuals (HNIs) who bought gilt funds have been well rewarded. With oil and commodity prices cooling off, the rupee stable relative to other currencies, and the RBI cutting repo rates by 50 basis points in two tranches, gilt funds have done well. Over the past six months, gilt funds have returned an average of 5.73%, while the Sensex lost 1.7%. For a one-year period, gilt funds are up 15.2%, while the Sensex is up 14.7%. Gilt funds saw massive inflows of ` . 7,712 crore during the financial year ended March 2015. In comparison, these funds had witnessed an outflow of ` . 1,868 crore during the last financial year. Retail inflation fell from 8.31% in March 2014 to a low of 4.87%, while the central bank has cut repo rates twice. However, wealth managers do not expect there will be a repeat of this in the coming year. Gilts rallied due to a sharp drop in inflation and a couple of rate cuts. With retail inflation already down from 8.31% in March 2014 to 4.87% in April, it should stabilise. Though a 50 basis points rate cut, he expects this to happen later this year. Hence he expects gilt funds to deliver a nominal 9-10% return this year. Equities though are expected to deliver higher returns in the coming year. Gilt funds tend to outperform equities in the short term at the start of the interest rate cut cycle. However, over a three to five-year period, equities have outperformed gilt funds. Compared to a 5-6% earnings growth this financial year, earnings growth will double to 3-15% next year. Given the correction in the markets, he feels equity valuations are attractive with a 1-2 year perspective and feels they could deliver 18-20% over the next one year. 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 Mutual Fund schemes on BSE Platform Posted: 12 Jun 2015 04:43 AM PDT
Religare Invesco Mutual Fund schemes are now live on BSE platformReligare Invesco Mutual Fund schemes are now live on BSE platform. With this our schemes are available both on BSE and NSE MF platforms. Appended below is a communication from BSE on their 'StAR MF' platform. For further information on using the platforms, you may directly get in touch with the respective exchange. 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: 12 Jun 2015 03:46 AM PDT Birla Sun Life Century SIP Birla Sun Life Century SIP as an add-on, optional feature will be available under the following Designated Schemes
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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