Wednesday, July 20, 2016

Prajna Capital

Prajna Capital


Kotak FMP Series

Posted: 20 Jul 2016 02:23 AM PDT

 Kotak Mutual Fund has extended the New Fund Offer (NFO) period of Kotak FMP Series 196 to July 20, 2016.
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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. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

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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DSPBR Income Opportunities Fund Returns

Posted: 20 Jul 2016 12:54 AM PDT

 

DSP BlackRock Income Opportunities fund Performance

Portfolio YTM : 9.55%

Avg Maturity : 3.01 Years

Mod Duration : 2.28 Years

AUM : 3700 Crores

AAA & Equivalent : 46.36%

DSPBR Income Opportunities Fund Returns

Scheme Name

1 Month

3 Month

6 Month

1 Year

2 year

3 year

5 Year

DSP BlackRock Income Opportunities Fund- Reg- Growth

8.90%

9.08%

9.51%

9.91%

9.57%

9.31%

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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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POMIS and LIC Akshaya Plan VI

Posted: 19 Jul 2016 11:15 PM PDT


Post Office Monthly Income Scheme (POMIS) is a guaranteed return investment available at the post office. On the deposit that you make, you get an assured monthly income for five years. Currently, one earns 7.8 per cent interest per annum on the deposit, which is paid every month. The POMIS carries a maximum limit of R4.5 Lakh for an individual and R9 Lakh for joint accounts. So if you invest R4.5 lakh now, then you will get a monthly payout of R2925 for the next 5 years and at the end of the term you will get back your capital. Once you make the deposit you get the interest payout each month from the date of making the investment, not from start of the month. There will be no difference based on age. Whether a person joins at age 45 or at age 60 the scheme is the same for both.
 
 
LICs Jeevan Akshay VI Plan is an immediate annuity plan. Once you pay a one time premium, it will pay you a monthly or annual income at regular intervals as long as you live. The insurer also offers you an option of return of your premium at the end (which will fetch you lower monthly income). Unlike POMIS there is no upper limit on how much you can invest in this plan. You can choose to receive the payments monthly, quarterly, half yearly or yearly. While annuity guarantees you a fixed income as long as you live, the annuities are not inflation linked. The annuity rates differ according to the entry age of the person. For instance, if you start this plan at age 45 then for a R10 lakh premium you will get a monthly pension of approximately R6500. On the other hand if you start at the age of 60 for the pension will be a little higher approximately at R7700. Both the income from POMIS and LIC Jeevan Akshay are taxable in your hands
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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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