Monday, June 22, 2015

Prajna Capital

Prajna Capital


HDFC Mutual Fund Dividend

Posted: 22 Jun 2015 02:04 AM PDT

 HDFC Mutual Fund has announced dividend under HDFC FMP 371D June 2014 (2) Direct-D, HDFC FMP 371D June 2014 (2) Reg-D & HDFC FMP 371D June 2014 (2) Reg-DQ.
 The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as June 23, 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

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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

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Reliance Mutual Fund Dividend

Posted: 21 Jun 2015 10:27 PM PDT

 

Reliance Mutual Fund - Invest Online

 

Reliance Mutual Fund has announced dividend under the following schemes:

 

SchemeDividend (R/unit)
Reliance Regular Savings Balanced-DQ0.4
Reliance Regular Savings Balanced Direct-DQ0.4
Reliance Arbitrage Advantage-DM0.1
Reliance Arbitrage Advantage Direct-DM0.1
Reliance Medium Term-DQ0.1595
Reliance Medium Term Direct-DQ0.1655
Reliance MIP-DQ0.1661
Reliance MIP Direct-DQ0.1791
Reliance Regular Savings Debt -DQ0.158
Reliance Regular Savings Debt Direct-DQ0.1719
Reliance Yearly Interval Series VIII-D0.00007

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

National Pension System

Posted: 21 Jun 2015 09:18 PM PDT

 

National Pension System 

 

The Union Budget provided an exclusive incentive for investment in the National Pension System (NPS). Over and above the Section 80C entitlement, investors can now invest R50,000 with tax exemption under Section 80CCD.

 

The Pension Fund Regulatory Development Authority (PFRDA) has also made key changes in the liquidity provisions. Now investors will be allowed to withdraw up to 25 per cent of the contribution for purposes like higher education and marriage of children, purchase or construction of own house, or treatment of illness of self or spouse. However, this can be done only after completing at least ten years. Also, an investor can make a maximum of three withdrawals in his accumulation phase, with a difference of five years between two consecutive withdrawals.

 

Also, a closer look at NPS data reveals a dramatic rise in the number of subscribers and the assets under management in various plans. As on March 31, 2015, the total NPS assets were R80,855 crore and the number of subscribers was 87.64 lakhs. The NPS has gained substantially on account of mandatory monthly contribution from all central government employees who joined service on or after April 1, 2004. All state governments, barring West Bengal, which chose the NPS for their employees are also covered in the system. With a relatively young subscriber base, for nearly twenty five years, the NPS will continue to accumulate subscribers' contributions without any significant outflow.

 

The following graphs clearly illustrate the success of the government's efforts in attracting investors' attention towards the NPS.

 

The impressive growth numbers of AUM and subscribers make us wonder that since all this money is locked in for a very long period of time, we can hope to see a mammoth size NPS AUM several years down the line.

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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