Posted: 19 Jan 2016 05:55 AM PST

Best Debt Mutual Funds - Invest Online

Debt based mutual funds provide stable but comparatively lower returns with respect to equity instruments. The funds listed below are across categories such as ultra short term, Gilt, short term etc. within the debt class of mutual funds:

Name	NAV* (Rs.)	AUM (Rs. Cr)	Expense Ratio (%)	Average Returns (3 years) (% p.a.)
SBI Magnum Gilt Fund Long Term	19.72	1676.61	0.92	12.02
ICICI Prudential Long Term Fund	16.88	699.89	0.94	11.93
Birla Sun Life Medium Term Plan	17.15	4315.32	1.56	10.33
Franklin India Ultra Short Bond Fund	19.25	9337.77	0.30	9.92

*NAV rates as on 26^th August 2015.

SBI Magnum Gilt Fund Long Term: This is an open-ended Gilt medium and long term debt fund. This fund invests predominantly in government securities with average maturities exceeding 3 years. The fund has given returns at 12.02% p.a. over the past 3 years, easily one of the best performing mutual funds in the debt class.

ICICI Prudential Long Term Fund: An open-ended income-based debt fund, this fund offers stable returns through investments in money market and debt instruments, with the aim to provide balance of liquidity, yield and safety. The fund has given returns averaging 11.93% p.a. over the past 3 years.

Birla Sun Life Medium Term Plan: This is an open-ended short term debt fund aimed at generating steady income from investments in money market and debt instruments. The maturity rates are affected by the interest rate prevailing in the country and the portfolio is kept between 1 to 5 years maturity to optimize returns. Returns have averaged 10.33% p.a. over the past 3 years.

Franklin India Ultra Short Bond Fund: This is a debt class ultra short term and open-ended mutual fund. The fund is aimed at providing consistent returns and easy liquidity. It has averaged returns of 9.92% p.a. over the past 3 years, making it one of the best performer in its category.

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 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

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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Financial Planning Tips for 2016

Posted: 19 Jan 2016 05:47 AM PST

Financial planning tips

It is fine to be optimistic and even ambitious with financial goals, like saving even as low as 20 to 30% of disposable income, but avoid failure by choosing too difficult or near-impossible goals.

Make a plan to achieve these financial goals. A real, concrete plan with measurable parameters such as saving some amount of money in a week or investing some percent of every paycheck in a stock or bond fund is the best idea.

Put this plan down on a paper and refer to it on a regular basis to keep track of the results. Try the plan for at least six months. If the goals are not met (or at least some significant progress) after six months or it is not working for whatever reason, then consider changing it.

Do not take money taken directly out of payroll for investment purposes. Most people will spend cash more readily than making a credit card purchase, so not having cash around helps keep your budgeting and prevents impulse spending.

Consider a financial adviser or a financial planner. They are paid professionals who are trained to analyze individual financial situations and offer advice to help people achieve their financial goals

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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
---------------------------------------------
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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