Prajna Capital

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• ADRs
• Term Plans for Housewives
• DSP BlackRock Balanced Fund

ADRs Posted: 11 Sep 2016 06:29 AM PDT   ADR an Easy Way to Enter Foreign Cos   American Depository Receipt is an easier way for US investors to buy into foreign companies. Non-US firms also benefit from ADRs as it makes it easier to attract American investors. Here is all you need to know about the offering 1. What are ADRs? An ADR is an instrument that allows US investors to buy shares of overseas companies. Issued by US banks, ADRs represent a fixed number of shares of the foreign company , which is tapping the US market to raise funds. Many US investors prefer ADRs because they are priced in dollars and are traded like any other shares. 2. How is this instrument relevant to India? There are 12 Indian compa nies which have their ADRs listed in the US. These are Dr. Reddy's Laboratories, HDFC Bank, ICICI Bank, Infosys, MakeMyTrip, Rediff.com, Sify Technologies, Tata Motors, Vedanta, Videocon d2h, Wipro, WNS Holdings 3. What are the advantages of ADRs? Investors can be comforted about the governance of the company in which they are investing since the depository bank will not issue the receipts un til it has verified the controls and policies. It saves investors the trouble of understanding and studying the Indian markets. Also, they don't need to worry about foreign currency transactions. 4. How does the ADR work? If an Indian company wants to is sue ADRs, it will deliver the corre sponding number of shares to the US depository bank. The depository bank will issue receipts against these shares and these receipts are traded on the stock exchanges in United States. Investors can buy these receipts if they are interested in betting on the company . Further, the holder of the receipt can also get the depository to convert the ADR into underlying shares and offload them in the Indian market. 5. What are the types of ADR? There two types of ADRs ­ un sponsored and sponsored ADRs. A sponsored ADR is completely backed by the company . However, with an unsponsored ADR, it is not backed by the issuing company but run by global custodians of shares. 6. What decides the pricing of ADR? To understand if the receipt has been priced at fair market value, the following ratio is used ­ ORD:ADR, where ORD refers to the Ordinary Share Value. For instance if HDFC Bank's ratio is 3:1, it implies that 3 shares of HDFC equal to a single ADR. And if an investor wants to pick up ADRs of HDFC Bank, she must verify if the ADRs are priced fairly by taking into consideration the current exchange rate. ----------------------------------------------- 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 --------------------------------------------- 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 ----------------------------------------------- Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

Term Plans for Housewives Posted: 11 Sep 2016 04:39 AM PDT  Most insurance companies do not offer pure term plans to housewives. But we do agree that even if housewives may not be working, they do take up multiple responsibilities that has financial value.   But according to insurance companies, since term plans are meant for income replacement, housewives technically do not qualify for these products as they have no income.   Some companies like Aegon Life offer term plans to housewives, but the quantum of cover is linked to the insurance cover of the husband.   Most companies would be happy to sell insurance-cum-investment products like endowment plans, ULIP, etc. to housewives.   However, you should stay away from these products, as they offer very little insurance cover and they mostly offer modest returns. ----------------------------------------------- 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 --------------------------------------------- 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 ----------------------------------------------- Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

DSP BlackRock Balanced Fund Posted: 11 Sep 2016 03:19 AM PDT Invest DSP BlackRock Balanced Fund Online Another fund with a 17 year track record, DSP BlackRock Balanced Fund has delivered an impressive 13.7 per cent return per annum over the past 10 years. Core Philosophy The DSPBR Balanced Fund is managed with the core philosophy of long-term wealth creation and income distribution. The crucial aspect of this philosophy is to achieve these goals in a consistent manner while assuming risks to prudent and controllable levels. The Fund is mandated to invest in equities from 65 per cent to maximum of 75 per cent and the rest in debt. Where equity proportion is managed in a diversified style to generate returns over the long-term, the debt part helps in cushioning the volatility in equity market. While they don't believe in timing the markets and stay invested in equity of good quality and growing companies, this proportion is balanced frequently to benefit from the market volatility. On the debt side, the fund endeavors to deliver stable fixed income returns through coupons and capital appreciation. The fund invests in a mix of strong corporate credits and Government securities. Strategy On the equity side of the fund, as already mentioned above, they don't believe in timing the markets and stay invested in equity of good quality and growing companies. Hence equity portion of DSPBR Balanced Fund would stay invested on the higher side i.e. around 72-74 per cent most of the time. Secondly, to help achieve the goal of long-term wealth creation, the equity portion would have a large-cap to midcap exposure in ratio of around 60 to 35.  Though the fund will be managed with a bottom-up approach, pre-dominant style would be to buy and hold companies with compounding growth in revenues and in earnings run by good, competent managements. Limited part of the portfolio would be exposed to value or turnaround names depending on conviction levels about them. At the same time, the endeavor is to avoid apparent value picks or companies making severe capital allocation mistakes. Both the aspects means the fund can deviate from the broad market indices by a considerable degree. On the Debt side, the fund will maintain a medium term duration strategy. The fund will look to invest in the liquid segments of the curve. Risk Management For the equity portfolio, risks can be managed at two levels, at overall portfolio level and at individual stock level. At the portfolio level, the risk is managed by better diversification across sectors and stocks. DSPBR Balanced Fund intends to limit top 5/10 stock weight to the extent of roughly 20/30 per cent respectively. Secondly, to benefit from any particular sector or theme also, the Fund desires to create a basket of companies to spread the bets. At individual company level, they believe if one has invested in a good quality company with competent management and with long-term view, risks get reduced substantially. As far as fixed income is concerned, the mix of strong credit focus and government securities selection provides adequate liquidity while maintaining attractive yields.   ----------------------------------------------- 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 --------------------------------------------- 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 ----------------------------------------------- Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

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