Thursday, September 24, 2015

Prajna Capital

Prajna Capital


Principal Government Securities Fund dividend

Posted: 24 Sep 2015 05:14 AM PDT

 Principal Mutual Fund has announced dividend under the following schemes:
SchemeDividend (R/unit)
Principal GSF-DQ0.20324537
Principal GSF Direct-DQ0.22556336
Principal GSF-DY1.2098661
Principal GSF Direct-DY1.29856024
Principal Income LT-DQ0.24188655
Principal Income LT Direct-DQ0.27706085
Principal Income LT-DY0.95382316
Principal Income LT Direct-DY1.04417851
Principal Debt Savings Retail-DQ0.14950886
Principal Debt Savings Retail Direct-DQ0.16568759
Principal Debt Savings MIP-DQ0.02123459
Principal Debt Savings MIP Direct-DQ0.05431433
 
The record date has been fixed as September 24, 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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OR

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PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

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HDFC Balanced Fund - Growth of Equity with the stability of Debt

Posted: 24 Sep 2015 04:57 AM PDT

 Balanced Fund as the name suggests offers asset allocation, by investing both in equities and debt instruments, thereby striking a balance between risk and return. It aims to deliver returns which are greater than debt funds but less volatile than equity funds thereby offering best of both worlds.

Balanced funds are tax efficient, if invested in schemes having equity exposure of more than 65% and held for more than one year, the capital gains would be tax free. An add to the icing dividends received from balanced funds are tax free in the hands of the investors.

HDFC Balanced Fund currently invests approximately 65%- 75% in equity assets and the rest in debt. The fund has a track record of over 15 years. A multi cap approach to equity investing and an actively managed debt portfolio gives you an ideal investment option to take advantage of both markets simultaneously.

Improving growth prospects of the economy, especially of the capex cycle, improving margin outlook of corporates, likely lower interest rates and reasonable valuations lead to a positive outlook for equity markets over the medium to long term. On the debt front, in view of benign outlook on inflation, gradual fiscal consolidation and a sharp improvement in current account deficit, there is reasonable room for yields to move lower in the medium term. We maintain our view that interest rates should continue to move lower in the medium term.

Against the backdrop, we believe HDFC Balanced fund offers a decent investment opportunity by way of Lumpsum or SIP.
 
 
 
 

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

Reliance Fixed Horizon Fund XXIX Series

Posted: 24 Sep 2015 04:00 AM PDT

 
Reliance Fixed Horizon Fund XXIX Series 3, a close ended income scheme with a tenure of 1113 days offers the twin benefit of high yielding portfolio along with tax efficiency through indexation benefit vis a vis traditional investment avenues like Bank FD or RBI Tax Free Bonds.
Positioning of Reliance Fixed Horizon Fund - XXIX - Series 3
 
  • Benefits of locking in at the current high levels in a scenario where there is an expectation of softening of interest rates
Details about the instruments are given below to give a brief prospect of the market, as on August 20, 2015
Instruments
2- 3 Years
Debentures / Bonds
AAA
8.10%-8.15%
AA
9.00%-9.50%
AA-
9.25%-10.00%
A+
10.50%-11%
 
  •  1113 days helps to seek indexation benefit thereby giving an edge over the traditional Bank FDs (which lack indexation benefit) 
Superior Post Tax Returns & Indexation Benefits
Taxable Income
Bank FD
3 years FMP
Tax Rate
30.9%
20.6%
Pre- Tax Returns*
9.00%
9.00%
Post- Tax Returns*
6.38%
8.40%
*Yields are assumed just for illustration
Scheme Features:
  • NFO Closes on August 25, 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

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