Prajna Capital

Non-convertible Debentures 2016
BNP Paribas Equity Fund
Sukanya Samriddhi Yojana Account

Non-convertible Debentures 2016

Posted: 11 Jan 2016 04:05 AM PST

Non-convertible debentures

Non-convertible debentures (NCDs) are debentures which cannot be converted into equities or shares. As the convertibility feature is not attached to these debentures, they usually carry higher interest rates than their convertible counterparts.

For those who are looking for the investment instrument that offers high returns with moderate risk and giving the flexibility of choosing between short and long tenures, NCDs might be the right choice.

An NCD can be secured or unsecured. Secured NCDs are backed by the issuer company's assets to fulfil the debt obligation unlike unsecured NCDs. The NCD issues are rated by credit rating agencies like CRISIL, ICRA, FITCH, and CARE to ensure the company's ability to service the debt on time & lower default risk.

Benefits:

As NCD's are listed on stock exchanges, they provide liquidity to holder
The tenure of NCDs can be anywhere between 2 years and 20 years
NCDs are rated by rating agencies such as CRISIL, ICRA and FITCH
If you buy a NCD that pays interest then the interest will not attract TDS
The debentures are generally offered in four options: monthly, quarterly, annual and cumulative interest

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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 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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BNP Paribas Equity Fund

Posted: 11 Jan 2016 03:42 AM PST

BNP Paribas Equity Fund - Invest Online

Investment Objective:

The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities. The Scheme will invest in a range of companies, with a bias towards large & medium market capitalization companies.

Key Highlights:

Ø The scheme's exposure to Large Cap is 84%, Mid Cap is 16% and Small Cap is nil.

Ø The Investment is spread across 19 sectors out of which top 3 sectors contributing 45.16% of net assets.

Ø The Portfolio Construct has allocation to off benchmark stocks to generate alpha.

Ø We have increased exposure to private sector banks, cements, Telecom, pharmaceuticals, while reducing exposure to software sectors,

metal/mining sectors & capital goods.

Ø Investments in equity tends to give better risk adjusted returns over a long term horizon & investors should not worry of short term fluctuations in prices.

Top 10 holdings as on 31th^Oct2015

Performance Comparison:

Report as on November 12, 2015
	Absolute % (Point to Point)			Compounded Annualized % (Point to Point)
Scheme Name	6 Month	9 Month	YTD	1 Year	2 Years	3 Year	5 Years
Birla SL Frontline Equity Fund(G)	-1.4498	-4.7893	-0.8788	1.3148	21.9291	18.5980	9.7463
BNP Paribas Equity Fund(G)	-2.1238	-3.5386	1.2806	2.8746	23.1373	20.0467	11.3035
Franklin India Bluechip Fund(G)	-0.1147	-2.0383	1.5622	2.2044	19.5704	15.4040	8.1965
HDFC Equity Fund(G)	-2.0419	-4.9137	-5.5437	-5.6187	24.2727	17.0508	7.0049
ICICI Pru Focused BlueChip Eq Fund-Reg(G)	-1.0919	-4.9103	-1.9211	-0.7423	18.9707	16.8332	9.5280
Reliance Top 200 Fund(G)	-0.2185	-3.6973	-0.6198	2.5027	28.0427	18.8957	10.1723
SBI BlueChip Fund-Reg(G)	1.2402	0.7920	4.9295	7.0691	26.6973	20.6248	10.6493

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Sukanya Samriddhi Yojana Account

Posted: 11 Jan 2016 03:03 AM PST

Sukanya Samriddhi Yojana Account
A premier saving scheme offering from the Indian Ministry of Finance, the Sukanya Samriddhi Yojana (SSY) Accounts are aimed at ensuring a bright future for the girl children in India. This ambitious and resourceful scheme was launched by the honourable Prime Minister of India, Mr. Narendra Modi, and has quickly emerged as a popular savings scheme that aims to provide financial backing for a girl child's varied, lifelong aspirations. The thoughtful features of this scheme are as follows-
Attractive interest rate at 9.2% p.a. This is infact one of the highest rates of interest in its class.
Account can be opened at any departmental post office or authorized banks in India.
The opening amount for the SSY account is Rs.1000. Thereafter, deposits can be made in multiples of Rs.100. The minimum deposit into the account must amount to Rs.1000, the maximum limit is Rs.1,50,000 per year.
The SSY account attains maturity in 21 years from the date of issue. However, the account holder is expected to pay into the account for a total duration of 14 years.
A SSY account can be transferred from one post office/bank to another, anywhere in India.

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Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

There are a lot of mutual funds that customers can choose from but some of the best Tax Saver mutual funds in India right now are:

Top 10 Tax Saver Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

It must be remembered that this list is not set in stone as improvement or reduction in performance of the mutual fund could change the position of these funds among the top 10 tax saving mutual funds in India.

Invest in Best Performing 2016 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

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

Leave a missed Call on 94 8300 8300