Prajna Capital |
| Posted: 30 Jun 2016 04:53 AM PDT TATA INDIA TAX SAVINGS FUND – Investment Approach
§ Actively managed Diversified Equity Fund § Portfolio consisting of fundamentally strong companies with high growth potential across sectors § No Market Cap bias § Minimum 80% Investment in equity & equity related securities
§ Top Down Portfolio Strategy § Portfolio seeks opportunities based on overall macroeconomic and sector strategy § Actively seeks valuation & tactical opportunities created by company specific, industry specific and market specific developments.
§ 'Stock Picker's Delight ' -Well Researched and Growth Oriented companies § Key attributes for stocks in the portfolio will be following: § Good management quality § Strong business models § High efficiency of capital use § Earnings visibility
§ Diligent Risk Management § Rigorous monitoring of Parameters like Liquidity, Sectoral exposure etc Performance Highlight:
----------------------------------------------- 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 2016Best 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 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 ----------------------------------------------- | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Jun 2016 01:49 AM PDT How to get Loan Against MF Investments In case you need funds for an emergency or for a small period of time, instead of stopping your Systematic investment plan (SIP) or redeeming your MFs, you could consider taking a loan against your units. 1. From where can you get a loan against your mutual fund units? You can take a loan from a financier which could be a bank or a non banking finance company (NBFC) by pledging your mutual fund units. You can pay back the loan at the interest rate agreed with the financier. During the tenure when the units are under lien, you cannot redeem or switch the units. 2. What is the process? As a first step you need to execute a loan agreement with your financier. The financier will write to the mutual fund registrar like CAMS or Karvy and ask them to mark a lien on a certain number of units that are being pledged. Financiers typically lend about 60-70% of the value of the pledged units. The regis trar in turn will mark the lien and a letter is sent to the financier with a copy to the investor confirming the marking of a lien on the units. 3. How is the lien removed? Once the loan is repaid, the financier can ask for the removal of the lien and send a request letter to the fund. This request should state the name of the investor, fund, folio number, scheme and the number of units for which the lien should be removed. A financier can also request for a partial removal of lien in which case, lien on some of the units will be removed and these units are `Free' units. This can happen when financiers receive part payments. 4. What happens if the investor defaults in making a payment to the financier? If the borrower defaults in making payment, the financer can enforce the lien i.e. send a signed request to the mutual fund to redeem the units and send the proceeds cheque to the financier. 5. What is the advantage of a loan against mutual fund (LAMF)? Loan against mutual funds gives you the option of receiving immediate liquidity against the mutual fund units that you own. It is like an overdraft facility for shortterm monetary requirements, with a relatively shorter tenure than other loans. It is a beneficial monetary tool for those looking to leverage their otherwise idle mutual fund investments, and also raise capital quickly for short term financing needs. You need not sell your mutual fund units, nor is your ownership of the fund units divested after pledging them for a loan. ----------------------------------------------- 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 2016Best 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 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 ----------------------------------------------- | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ICICI Prudential Long Term Fund Online Posted: 29 Jun 2016 08:22 PM PDT Invest ICICI Prudential Long Term Fund Online The scheme seeks to generate income through investments in a range of debt instruments and money market instruments and the plan aims to maintain the optimum balance of yield , safety and liquidity. Though labelled as a 'long-term' debt fund, ICICI Pru Long Term Fund has floated to the top of the dynamic-fund category mainly through well-timed tactical calls on interest-rate moves in the economy in the last three years. After functioning mainly as a short-term fund until early 2014, longer-duration calls since mid-2014 have helped this fund notch up a three-year CAGR of well over 10 per cent and end up at the top of its category. Investing mainly in AAA corporate bonds or G-secs, the fund takes negligible exposure to credit risk. However, it is an aggressive fund when it comes to duration calls. From an average maturity of less than a year until 2014, the fund extended its maturity to as much as 19-20 years by 2015-16 to make the most of falling rates. The fund's asset size has also expanded in this period. The fund uses a quantitative model.
The fund's three- and five-year returns show large margins of outperformance vis-a-vis the benchmark and the category. Three-year returns are a good 3 percentage points above peers while five-year returns ace the category by 1.50 percentage points. But with the high duration working against the fund in the past year, relative performance has suffered. While the high portfolio maturity has worked against the fund in the last one year or so, it is likely to pay off as market interest rates follow policy rates southwards. Compared to other dynamic funds, the fund almost wholly avoids lower-rated corporate bonds, with just a 1 per cent long-term corporate exposure by March 2016. The returns are thus quite reliant on a falling-rate cycle playing out. ----------------------------------------------- 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 2016Best 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 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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