Prajna Capital |
| Posted: 29 Sep 2015 04:58 AM PDT UTI Dynamic Bond Fund - Invest Online The scheme seeks to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. A relatively new entrant to the category in 2010, this fund has nevertheless proved to be an ace performer, mostly retaining a four-five-star rating. The fund has managed this while making no compromises on credit quality and maintaining a balanced stance on portfolio duration. The fund is invested mainly in G-secs and AAA-rated corporate bonds. Though the fund has only a five- year track record, it has managed to beat the benchmark and category in all these years. Its high returns in 2014 have helped lift overall returns since launch to 9.8 per cent. The fund managed the interest rate shock of May-August 2013 particularly well, with a 2.8 per cent decline in its NAV that quarter, much lower than peer funds. The fund has made the most of rebounding bond prices in the last one year, with a return of 13.1 per cent. Both this and the three-year return of 10.6 per cent put it well ahead of its category. The fund has managed to beat peers by changing its portfolio maturity quite often in the last five years. While the average maturity tends to be at three-five years, it has climbed on occasion to as much as 13 years and fallen at times as low as a year. Currently, the fund appears to have a reasonably bullish view on rate direction as maturity in recent months to April hovered at nine-13 years. With an expense ratio of 1.07 per cent, the fund is relatively inexpensive for its category, which should augur well for investors. Overall, it's a fund that is ideal for you if you're keen to bet on rate cuts but at athe same time are not at all comfortable with taking on credit risks. 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 | ||||||||||
| L&T Midcap Fund - Invest Online Posted: 29 Sep 2015 04:36 AM PDT L&T Midcap Fund
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: 29 Sep 2015 03:22 AM PDT
HDFC Bank set to launch instant credit approvals for LAS segment. Instant credit cards, personal loans in 10 seconds, auto loans in 30 minutes and now loans against shares within a few minutes. HDFC Bank, the second largest private sector lender in the country, is set to launch Design Your Own Loan, an instant credit approval for its loan against shares (LAS) segment. The eligibility criteria, tenure and rate of interest will be the same as offline loans. The bank has now automated various parts of it at the back-end to make approval possible within minutes. A customer applying for LAS can now link his demat to his HDFC net-banking account, see which of his holdings are eligible to be pledged and how much weightage they carry. They can try different combinations, decide which scrips they want to pledge and optimise their eligibility. The digitised system also assesses the customer's eligibility algorithms based on data analytics and credit reports making it human-intervention free. The customer still has to sign the documents as end-toend digitisation is not possible due to regulations. However, you won't have to visit the bank. A manager will be at your doorstep to get the paperwork done. Last week, the bank introduced 30-minutes automobile loan disbursements using biometrics technology linked to one's Aadhaar card number  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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