Monday, June 27, 2016

Prajna Capital

Prajna Capital


SBI Dual Advantage Fund Series

Posted: 27 Jun 2016 03:56 AM PDT

 SBI Mutual Fund will launch SBI Dual Advantage Fund Series XVI on 1 July. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme.The minimum investment needed is `5,000. The scheme closes on 15 July.
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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 Saver 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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You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

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BSL Balanced '95 Fund

Posted: 27 Jun 2016 03:03 AM PDT

Invest BSL Balanced '95 Fund Online
 

Amid sharp volatility in key Indian benchmark indices, investors are increasingly looking for balanced mutual fund schemes to get some risk cover. Balanced funds, which typically invest ~35% of assets in debt and the rest in equities, are considered ideal for those seeking this risk cover during heightened volatility. The category invests in equities when valuations are reasonable and books profits when the markets are rising, limiting risk and aiming to provide good returns. This strategy has resulted in the fund delivering 5.48% compared to -3.25% by Nifty 50 over the past 1 year.

 

 

3 Months

6 Months

1 year

2 years

3 years

BSL Balanced '95

6.47

4.75

5.48

12.64

20.99

HDFC Prudence

6.15

-0.20

1.09

5.85

19.60

I Pru Balanced Adv

5.50

3.11

3.54

10.86

20.35

CRISIL Bal Fund Index

4.02

3.67

1.35

6.02

11.77

Nifty 50

4.77

2.89

-3.25

3.29

13.09

S&P BSE Sensex

4.14

2.16

-4.79

2.00

12.49

 

Since Inception, BSL Balanced '95 Fund has declared 28 dividends amounting to Rs 108.93 as dividend payouts. The fund is declaring its first quarterly dividend of 2016-17, an amount of Rs. 2.46/unit (approx. dividend yield of 1.78%), record date being 30 June 2016. Following are the fund features:

 

·   Currently with an AUM of Rs 2,889 crores (as of 24 June'16), BSL Balanced '95 Fund is one of the oldest in the balanced fund category, with one of the best track records of performance in this category.

 

·  The fund has outperformed 3 benchmark indices, CRISIL Balanced Fund index (65:35 Equity:Debt) Nifty 50 and S&P BSE Sensex (100% equity) across time periods, which clearly indicates its superior asset class re-balancing and superior portfolio selection ability in each of the asset classes by the fund managers (Mr. Mahesh Patil & Mr. Pranay Sinha).

 

·   A SIP of Rs 10,000 every month in BSL Balanced '95 Fund, since inception i.e. for the past 21 years would have yielded Rs 3.64 Crores at a 21.01% (XIRR) compared to Rs 85 Lakhs by CRISIL Balanced Fund Index (SIP period – 28 Feb'95 to 31 May'16)

-----------------------------------------------
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 Saver 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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Kotak Mahindra LTI

Posted: 26 Jun 2016 11:51 PM PDT

 Kotak Mahindra Asset Management has launched a long-term income (LTI) facility to meet long-term cashflow requirement of investors. They can redeem 0.75% of their investments at the prevailing NAV systematically on a monthly basis to fulfil financial commitments. Investors of Kotak Income Opportunities Fund, Kotak Medium Term Fund, Kotak Equity Savings Fund, Kotak Monthly Income Plan and Kotak Bond Fund can avail of the facility if they have invested a minimum of `2 lakh.
-----------------------------------------------
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 Saver 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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