Friday, September 23, 2016

Prajna Capital

Prajna Capital


MAHINDRA & MAHINDRA FINANCIAL SERVICES FD

Posted: 23 Sep 2016 07:40 AM PDT



MAHINDRA & MAHINDRA FINANCIAL SERV. LTD has revised the interest rates applicable on their Fresh/Renewal deposits w.e.f 3rd October 2016 as given below:

Minimum Amount

Period (Months)

Cumulative  Scheme

Non Cumulative Scheme

Amount Payable(Rs.)

Rate of interest %

(Effective Yield p.a)

Period (Months)

Interest p.a

(Half Yearly)

Interest p.a 

(Quarterly)

Rs.5000/-

12

5395

7.90%

7.90%

12

7.75%

7.65%

18

5616

8.00%

8.21%

24

7.85%

7.75%

24

5832

8.00%

8.32%

36

7.90%

7.80%

36

6307

8.05%

8.72%

48

7.90%

7.80%

48

6815

8.05%

9.08%

60

7.90%

7.80%

60

7364

8.05%

9.45%

Minimum Amount

Rs.25000/-

Rs.50000/-








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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

-----------------------------------------------

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

-----------------------------------------------

 

Sundaram Tax Saver Dividend

Posted: 23 Sep 2016 04:02 AM PDT


Declaration of Dividend in Sundaram Tax Saver: NOTICE is hereby given that the Trustee of Sundaram Mutual Fund has declared dividend on the face value of Rs.10/- per unit on the record date of September 28, 2016 under the dividend option of Sundaram Tax Saver. Dividend declaration details are as under:



Scheme Name

Plan - Option

Record Date

Dividend
Rs. per unit

Sundaram Tax Saver

Regular Plan - Dividend

September 28, 2016

0.50

Direct Plan - Dividend



The above dividend will be subject to the availability of distributable surplus in the respective plan-option of the scheme(s) on the record date. Past performance may or may not be sustained in future.

-----------------------------------------------
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

-----------------------------------------------

 

Birla Sun Life Balanced '95 Scheme

Posted: 23 Sep 2016 01:53 AM PDT

 
Birla Sun Life Balanced '95 Scheme Online
 
As volatility has become new normal in markets, themes that have the potential to generate stable and consistent returns are most sought-after.

Given this fact, balanced schemes offer reasonably good comfort for retail investors as by the very nature of the funds it offers to a large extent the best of two worlds: equity and debt.

 

Among the balanced schemes, Birla Sun Life Balanced '95 scheme which has a performance record of over 20 years is a consistent and stable performer not only in bull phase but also in bear phase of the markets.

The scheme's fund managers Mahesh Patil and Pranay Sinha follow a multi-cap approach (mostly large companies) when it comes to investing in equities. On the debt side, the scheme follows both accrual and duration strategies. In a falling interest rate scenario, duration strategy of buying bonds mostly shorter duration and in a stable interest rate scenario, the scheme buys and holds bonds.

 

Largely, the scheme invests in corporate bonds. Due to the multicap approach on the equity side, and accrual and duration strategies on the debt side, the fund has been able to beat its peers and benchmark by a fair margin.

 

On the debt side, the scheme has bonds with average maturity period of 16.4 years and on the equity side since the scheme has mostly large-sized companies, the scheme is best suited to a longterm conservative retail investor.

 

-----------------------------------------------
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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