Prajna Capital |
- Short-Term Income and Dynamic Bond Funds are better Investments now
- Understanding Power of Compounding?
- Corporation Bank
| Short-Term Income and Dynamic Bond Funds are better Investments now Posted: 03 Nov 2015 03:57 AM PST Short-Term Income and Dynamic Bond Funds are better Investments now Liquid funds, ultra-short term funds and income funds have seen outflows in the month of September, while gilt funds and some dynamic bond funds have attracted inflows. Advance tax payments, along with worries about Amtek Auto's default on its loan repayment to JP Morgan and worries about the presence of stressed companies in fixed income portfolios triggered outflow from these funds. Fixed income funds have seen outflows to the tune of `87,500 crore in September--the highest in six months. Liquid or money market funds saw an outflow of `60,861 crore, while income funds saw redemption of `26,700 crore. As per distributors, investors allocated money to gilt funds and dynamic bond funds on expectations of rate cuts. As interest rates move down, these funds with a longer duration, benefit due to capital appreciation. In a dynamic bond fund, a fund manager can increase or reduce duration funds based on his view on interest rates. At this juncture, investors should not compromise on the quality for higher returns. They should stick to funds which have a `AAA' rated or `AA' rated portfolio. Retail investors should clearly avoid credit opportunity funds, funds with low quality paper or funds with exposure to stressed sectors like steel, metals and textiles. Given the sharp rate cuts of 125 basis points this calendar year, distributors believe there may be an extended pause or another 25 basis points till March 2016. Hence it may make sense to invest in a mix of short-term income funds and dynamic bond funds and avoid long duration gilt funds.  Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. IDFC Tax Advantage (ELSS) Fund 4. ICICI Prudential Long Term Equity Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. DSP BlackRock Tax Saver Fund 8. Birla Sun Life Tax Relief 96 9. Reliance Tax Saver (ELSS) Fund 10. HDFC TaxSaver
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online
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 | ||
| Understanding Power of Compounding? Posted: 03 Nov 2015 03:28 AM PST In simple growth, interest is generated only on the initial investment. Whereas in compound growth, interest is generated on both initial investment and previously accumulated interest.  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: 03 Nov 2015 02:59 AM PST Started about 105 years ago in 1906, Corporation Bank has over 5000 service outlets across the nation. Nationalised in 1980, Corporation Bank was the forerunner when it came to evolving and adapting to the financial sector reforms. In 1997, it became the Second Public Sector Bank in the country to enter capital market. The Bank has many " firsts " to its credit - Cash Management Services, Gold Banking, m-Commerce, " Online " approvals for Educational loans, 100% CBS Compliance Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. IDFC Tax Advantage (ELSS) Fund 4. ICICI Prudential Long Term Equity Fund 5. Religare Tax Plan 6. Franklin India TaxShield 7. DSP BlackRock Tax Saver Fund 8. Birla Sun Life Tax Relief 96 9. Reliance Tax Saver (ELSS) Fund 10. HDFC TaxSaver
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online
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 |
| You are subscribed to email updates from Prajna Capital - An Investment Guide. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment