Prajna Capital

E-Filing Income Tax
Investment Returns
DSP BlackRock Strategic Bond Fund Online

Posted: 18 Jul 2016 04:33 AM PDT

E-filing Income Tax Return Online

The last date for filing income tax return is 31 July. If you intend to file your return on your own, you should know all the nuances of filing the return electronical ly using the income tax department's website or a private facilitating website.

Here are the steps you need to take for filing the IT return using the official web site of the Income Tax Department.

Register on IT website

You have to register on http:www.income taxindiaefiling.gov.in using your PAN and by entering personal and contact details.

You will then be sent an activation via e-mail and a mobile PIN to the registered mobile number, for activating the account.

IT return offline

You can download an XML utility available in the `Downloads' section of the website.

Once you enter the return details, it can be uploaded to the IT website.

Prepare return online

Alternatively, you can use the online form to supply information by going to `e-file' tab and selecting `Prepare and submit ITR online'. You must then select the name of the ITR form, assessment year and other mandatory details from the menu.

Submit with DSCEVC

The return can be filed using digital signature or an electronic verification code. A Digital Signature Certificate (DSC) can be obtained by registering for the same on the e-filing website.

Submit with ITR-V

Alternatively, an ITR-V form can be gener ated. This is an acknowledgment cum veri fication form that has to be signed and sent to the CPC within 120 days from the date of e-filing.

Processing

Once you have finished e-filing the return using DSCEVC or through ITR-V, it will be processed further, and the you will be notified accordingly.

The option of filling up the ITR online is available only for ITR 1 and ITR 4S.

Check your registered email id periodically for any notifications or communication from the IT department regarding the return you filed.

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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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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

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Investment Returns

Posted: 18 Jul 2016 02:00 AM PDT

Where to Invest to get good Returns?

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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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DSP BlackRock Strategic Bond Fund Online

Posted: 17 Jul 2016 09:43 PM PDT

Invest DSP BlackRock Strategic Bond Fund Online

The scheme seeks to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. It would invest across the range of debt instruments across the maturity range.

A dynamic bond fund which relies more on duration calls than credit risk to generate alpha, DSP Blackrock Strategic Bond Fund has managed a three- to four-star rating mainly through good performance during the adverse turns in debt markets. With a controlled approach to dynamic portfolio management, this fund does not take outsized risks. So far, the fund's portfolio has avoided credit risk by owning only G-secs or AAA-rated corporate bonds. The fund's average maturity in the past was moderate, but has been lengthened of late to about ten years to make the most of the fall in rates as the fund believes that monetary transmission in the coming months will lead to price gains.

The fund has managed middle-of-the-road returns over one, three and five years compared to its peers, mainly due to its conservative approach. The strategy helped contain losses very well during the bond market shock of 2013 and may well continue to contain volatility in the future as well.

The fund's regular plan expense ratio, at 1.07 per cent, isn't high within the category, but the direct plan, with an average six-monthly expense ratio of 0.77 per cent, has fared much better than the regular plan nevertheless. This has led to the direct plan enjoying a four-star rating, while the regular plan is at three stars.

This fund provides a good option if you're wary of credit risk.