Prajna Capital |
| Posted: 06 Jul 2016 01:26 AM PDT Invest ICICI Pru Balanced Fund Online In the past one year, balanced schemes have been able to beat large-cap schemes by a fairly wide margin. Large-cap schemes have delivered returns of -1.8%, while balanced schemes have given close to 3% returns in the past one year. This outperformance is because of the very nature of balanced schemes where re-balancing of portfolio in equity and debt assets enhance the scope of securing superior returns. Given high volatility in markets, it makes sense to invest in balanced schemes. Among the balanced schemes, ICICI Prudential Balanced scheme is one of the best performing schemes.It has consistently delivered, especially considering a longer time frame of five years. In the past five years, the scheme has given 15.2% returns, while the balanced fund category has given 11.5% returns in the same period.There are two factors which have worked for the scheme.
First, on the equity side, the scheme's fund manager Sankaran Naren invests in companies with a minimum investment horizon of three years.This means that the fund manager invests in theme which will play out in the long term. Second, on the debt side, the scheme's fund manager Manish Banthia has also maintained balance of duration across debt instruments right from government bonds to corporate. Largely, they have long-term maturity period. In times of falling interest rates, this strategy works out well as it makes bond prices attractive.  ----------------------------------------------- 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: 06 Jul 2016 01:26 AM PDT Insurance companies want to invest in the Ujwal Discom Assurance Yojana (Uday) bonds that have been floated to rescue debt-laden state power distribution companies.The insurers say these longer-term instruments offer better returns than government securities and corporate bonds. The Uday bonds have an implicit guarantee from the issuing state and the interest and principal are part of the state government's budget. With low credit risk, attractive spreads and guarantee from the state government, investment in Uday bonds is a good investment option. They are similar to state loans but don't have statutory liquidity ratio (SLR) status. They are available at a spread of 63-67 basis points over government securities and are actively traded. AAA-rated bonds issued by state-run companies trade at a spread of 40-50 basis points over government securities. SLR refers to government securities that banks need to set aside as a proportion of deposits. A basis point is 0.01 percentage point. The Uday scheme was launched in November last year to revive debtstressed distribution companies. The bonds were issued mostly to banks directly and very few investors got an opportunity to buy them. We are biased towards non-SLR, SDL and we would like to take extra exposure that otherwise would have invested in AAA-rated corporate bonds. We are interested in longer-tenor bonds issued by these companies. SDL or state-development loans are market borrowings that qualify for SLR status. Insurance companies are required to invest 25% in central government securities, 25% in state government securities, 15% in infrastructure and the remaining 35% in corporate bonds, equities and other securities from the premiums collected through traditional plans. Total fixed-income assets, at book value, held by the life insurance industry stood at `18.8 lakh crore at the end of March 31, according to the Life Insurance Council. Uday bonds worth about `1 lakh crore were issued in the last financial year. Bonds worth another `1.5-1.75 lakh crore are expected to be issued in the current financial year. Power minister Piyush Goyal had said that the distribution companies have accumulated debt of `4.37 lakh crore. ----------------------------------------------- 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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