Prajna Capital |
- Minimum Viable Knowledge in Investing
- Liberalised Remittance Scheme (LRS)
- DSP BlackRock Balanced Fund dividend
| Minimum Viable Knowledge in Investing Posted: 31 Aug 2016 07:44 AM PDT Investing Online Reading about technology startups, one sometimes comes across the term 'Minimum Viable Product', or MVP. This is defined as product which has been developed to the point where it just enough features to be used and tested by real users. If rightly designed, then applying the Pareto principle, it possibly has those 20 per cent of the features that satisfy 80 per cent of the needs. This makes me wonder if there is an equivalent in terms of knowledge about investing. Is there a level of Minimum Viable Knowledge (MVK) about investing? Is there a set of MVK, which means that saver who has it will be fine and invest his or her money well?
I think there is and it has surprisingly few items on it. The biggest item in MVK would be an understanding of compound interest, which probably covers about 50 of the 80 percentage points required by the Pareto principle. The reason is that the biggest problem that Indian savers face is not that the more esoteric ones but that they don't start early enough. If they do, they don't save enough, and in most cases waste these years on investments that don't pay enough.
Here's the obligatory example. An investment of R1 lakh for 25 years at 10% return becomes R12 lakh. And if you invest a little late (for 20 years) and a little less (R80,000) and earn a little less (8%), you will earn R4 lakh instead of 12. One third! Those who understand how compounded earnings work never make this mistake. Down the years, there's a huge advantage for starting to invest at the age of 25 instead of 30. But then, who knew this at the age of 25? A small number does ------------------------------ 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
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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 ------------------------------ | ||
| Liberalised Remittance Scheme (LRS) Posted: 31 Aug 2016 05:49 AM PDT 1 LRS is a window provided by the government of India to remit money across the border, without seeking specific approval. 2 One can freely remit an amount within the LRS limit every financial year for a permissible set of current or capital account transactions.The current LRS limit is $250,000. 3 The scheme is available to all resident individuals including minors.The scheme is not available to corporates, partnership firms, HUF and trusts. 4 Remittances are permitted for overseas education, travel, medical treatment and purchase of shares and property, apart from maintenance of relatives living abroad, gifting and donations. 5 Remittances are NOT permitted for trading on the forex markets, margin to overseas exchanges and counterparties and the purchase of FCCB issued by Indian companies abroad. ------------------------------ 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. 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 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 ------------------------------ | ||
| DSP BlackRock Balanced Fund dividend Posted: 31 Aug 2016 03:28 AM PDT
 ------------------------------ 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. 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 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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