Saturday, July 16, 2016

Prajna Capital

Prajna Capital


Invesco Business Leaders Fund

Posted: 16 Jul 2016 07:25 AM PDT

 Invesco Business Leaders Fund - Invest Online
 The scheme will invest primarily in equity and equity related instruments including equity derivatives of companies which should be leaders on the respective industry.
 

A fund which selects stocks based on the company's leadership position in a sector rather than by market cap, it has floated to the top mainly due to three-year returns. It has improved its ratings from three to four stars in the last one year. The fund leans towards giant caps and owns a compact portfolio of 30 odd stocks, made possible by its small asset size. The investment thesis is that sector leaders manage to earn significantly higher shareholder returns than the also-rans in an industry and thus deliver wealth creation over the long run. The investment approach is bottom-up and growth-oriented. The fund swears by buy-and-hold and has a low portfolio turnover of 40 per cent. The house has a strong quality bias and stays away from companies with balance-sheet issues or unsustainable growth. Despite a relatively short track record compared to stalwarts in the category, the fund has acquitted itself well against the peers.

The fund's one-, three- and five-year returns are all ahead of the category by two to three percentage points. Though the fund's focus on sector leaders allows it greater freedom to invest across the market-capitalisation range, in practice, the focus has been mainly on large-cap stocks. Large-cap allocations have been at 90 per cent plus consistently, higher than most of the peers in this category.

It's a good fund for the core portfolio, given its well-defined and unique investment proposition.

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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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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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Filing Tax Returns 2016 for Free

Posted: 16 Jul 2016 07:24 AM PDT

 
 

If you are ready to pay a small fee, an expert can help you save much more in taxes.
 
If we have the choice of paying for a service or getting it for free, most of us will choose the second option.
 

After all, why shell out money for something that can be done at no cost? This is why a majority of taxpayers opt for filing their tax returns for free. However, taxpayers who opt for the free option may be paying a heavy price. Our data shows that 68% of such taxpayers pay more tax than their peers. They could save thousands of rupees if they took help from a tax expert and optimised their tax planning.

 

The Income Tax Department offers free filing for the simple reason that the government wants to encourage more and more people to file their returns.One can simply log on to the official portal and file his return for free. The only glitch is that the portal will not guide you on how to optimise your tax. If you miss a certain deduction or exemption, the portal will not point out the error nor suggest a solution.Tax collections have missed the target and the government wants to increase its revenues. It will happily keep the extra tax paid by taxpayers who are not conversant with the rules. Most salaried taxpayers and small businessman end up paying more tax than due.

 

Many private portals also offer free filing facilities as well as investment advisory services. These portals hope that the commission on tax-saving investments by these free customers will help them make money some day. This can lead to a serious conflict of interest. Highcommission products are palmed off to taxpayers, forcing them to make multi-year commitments. Investment advice should be in the interest of the in dividual, not the intermediary.

 

A few years ago, an NRI client was pleasantly surprised to know that his tenant was depositing 10% of the rent as TDS on his behalf. The NRI was not claiming credit for the tax paid on his behalf because he had never checked his Form 26AS. One taxpayer who had changed jobs during the year had claimed tax benefits from both employers. Another client was not aware that the `10,000 exemption for interest under Section 80 TTA is only for savings bank interest and not fixed deposits.

 

A tax expert will analyse your income tax return and see if all the relevant exemptions and deductions have been availed of. He will also remove mistakes in the tax form, which means your income tax return will be error free. Many taxpayers miss out benefits because they are not aware of the rules.

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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

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

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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UTI Equity Fund Online

Posted: 15 Jul 2016 11:04 PM PDT

Invest UTI Equity Fund Online 

Outperformed Benchmark by 64%

 
Diversify your portfolio with UTI Equity Fund, an open-ended equity scheme. The scheme is a diversified equity fund investing at least 80% of its portfolio in equity & equity related instruments. The scheme aims at securing for the unitholders capital appreciation by investing the funds of the scheme in equity shares & convertible & non-convertible bonds/debentures of companies with good growth prospects & money market instruments.
The fund has outperformed the benchmark by 64% over the period of 15 years#.
 
 
The above value is caculated on the basis of the return from Growth Option of the Scheme.
Past Performance may or may not be sustained in future.
*Compounded annualized Growth Rate.
*3, 5, 10 & 15 years : data as on 31 March 2016
 
 

FUND SNAPSHOT

 

Fund ManagerAjay Tyagi - CFA, MFC
Date of inception/allotment: 18th May, 1992
Fund size monthly average:
Last day AUM
4774.74 Crore
4818.77 Crore
No. of Unit Holders : 775,348
Minimum Investment Amount : 5,000/-
NAV as on April 30, 2016
Growth Option:
Income Option:

98.49,
79.97
 
 
 
 
-----------------------------------------------
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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