Prajna Capital

Reliance Mutual Fund now allows Transactions through VISA Debit Card
HDFC Long Term Advantage Fund - Tax Saving Mutual Fund
Edelweiss Mutual Fund – Its Schemes
Mutual Fund Review: Birla Sunlife Gold ETF

Reliance Mutual Fund now allows Transactions through VISA Debit Card

Posted: 10 Aug 2011 11:29 PM PDT

Reliance Mutual Fund will now accept subscriptions in its schemes from investors having existing folio on internet through VISA Debit Card, with effect from July 21, 2011.

The said investments can be made through their official website:

https://converz.karvymfs.com/ReliancePOm/TransactHome.aspx?Myagent=ARN-74461

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Also, know how to buy mutual funds online:

1) DSP BlackRock Mutual Funds:

http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html

2) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html

3) Sundaram Mutual Funds:

http://prajnacapital.blogspot.com/2011/07/buying-sundaram-mutual-funds-online.html

4) Birla Sunlife Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-birla-sunlife-mutual-funds.html

5) UTI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-uti-mutual-funds-online.html

6) SBI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-sbi-mutual-funds-online.html

7) Edelweiss Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-edelweiss-mutual-funds-online.html

8) IDFC Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-idfc-mutual-funds-online.html

HDFC Long Term Advantage Fund - Tax Saving Mutual Fund

Posted: 10 Aug 2011 09:45 PM PDT

Objective of the Scheme:

The main objective of the scheme is to generate long term capital appreciation by investing in Equity and Equity related instruments.

The investments in this scheme have a lock in period of 3 years i.e. you cannot withdraw the amount for a period of 3 years from the date of your investment. The scheme was launched on January, 2001.

Options Available:

There are primarily two types of options available for investing.

· Dividend Option

· Growth Option

In dividend option, you can either choose for dividend payout or dividend reinvestment. If you choose dividend payout, you would be receiving the dividends and if you choose dividend reinvestment, then additional units would be bought and added to your folio for the dividend amount.

Entry Load:NIL

Exit Load:NIL

Minimum Investment Amount: Rs 500 monthly or Rs 1500 quarterly

Top Portfolio Holdings:

· ICICI Bank

· Tata Consultancy services Limited

· State Bank of India

· Infosys Technologies Limited

· Reliance Industries Limited

· Exide Industries Limited

· Bluestar limited

Returns from the Scheme:

· 3 months – 8%

· 6 months – 26%

· 1 year – 30%

· 3 Years – 8%

Please note the returns generated given above are approximate returns. The returns which are calculated for less than 1 year are absolute returns and the returns which are calculated for more than 1 year are compounded annualized returns. Please note in Mutual Funds, the past performance is not assured in future.

Views:

This is one of the leading TAX Saving Mutual Fund schemes which are performing more consistently. As you get tax benefits along with good returns for your investments, Long term investors can prefer to invest in this scheme.

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Also, know how to buy mutual funds online:

1) DSP BlackRock Mutual Funds:

http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html

2) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html

3) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/07/buying-hdfc-mutual-funds-online.html

4) Sundaram Mutual Funds:

http://prajnacapital.blogspot.com/2011/07/buying-sundaram-mutual-funds-online.html

5) Birla Sunlife Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-birla-sunlife-mutual-funds.html

6) UTI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-uti-mutual-funds-online.html

7) SBI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-sbi-mutual-funds-online.html

8) Edelweiss Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-edelweiss-mutual-funds-online.html

9) IDFC Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-idfc-mutual-funds-online.html

Edelweiss Mutual Fund – Its Schemes

Posted: 10 Aug 2011 09:07 PM PDT

Edelweiss Capital was founded in 1996 and is one of the fastest growing financial services company in India. They have a team of experienced professionals from the financial services industry. The vision of the company is to be innovative and provide excellent investment solutions.

Products:

Edelweiss has launched several products i.e. equity, debt and liquid schemes.

Equity Schemes:

· Edelweiss Absolute Return Fund.

· Edelweiss Nifty Enhancer Fund.

· Edelweiss Diversified Growth Equity Top 100 Fund

· Edelweiss ELSS Fund

Debt Schemes:

· Edelweiss Ultra Short Term Bond Fund

· Edelweiss Interval Fund

· Edelweiss Gilt Fund

Liquid Schemes:

· Edelweiss Liquid Fund

Invest Online:

Benefits of Investing Online:

· You can purchase, redeem and order any transactions online.

· There is no need for you to contact the broker or any intermediate person for the transaction.

· You can view all the portfolio details of your folios online.

· You can generate Account Statements; view the past transactions and any other details.

· You can update your personal details online.

Transact Online:

http://www.edelweissmf.com/UI/Investor/Transaction/SchemeSelect.aspx?Agent=ARN-74461

Refer below for more Info……

http://prajnacapital.blogspot.com/2011/06/buying-edelweiss-mutual-funds-online.html

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Also, know how to buy mutual funds online:

1) DSP BlackRock Mutual Funds:

http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html

2) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html

3) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/07/buying-hdfc-mutual-funds-online.html

4) Sundaram Mutual Funds:

http://prajnacapital.blogspot.com/2011/07/buying-sundaram-mutual-funds-online.html

5) Birla Sunlife Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-birla-sunlife-mutual-funds.html

6) UTI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-uti-mutual-funds-online.html

7) SBI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-sbi-mutual-funds-online.html

8) Edelweiss Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-edelweiss-mutual-funds-online.html

9) IDFC Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-idfc-mutual-funds-online.html

Mutual Fund Review: Birla Sunlife Gold ETF

Posted: 10 Aug 2011 07:41 PM PDT

Gold is one of the precious commodities available in the earth and is considered as one of the safest haven for investing your hard earned money. It is similar to investing in land or shares of reputed companies. Most of the developed countries and emerging economies have significant investment in Gold.

Why Gold ETF?

There are two ways of investing in Gold. You should either buy physical gold or invest in ETF or any other gold schemes. There are many disadvantages while investing in Physical gold. It is really difficult to keep the physical gold safe, as there are chances of theft. In that case, there are many chances of losing your hard earned money. But investing in gold ETF (exchange traded schemes) is a less risky investment as you do not have to worry about the safety of the gold. You would be buying units which would be trading in the exchange and the units would be available in electronic format in your demat account. You can sell the electronic units whenever needed.

Birla Sunlife Gold ETF:

Birla Sunlife Mutual fund, which is one of the trusted mutual fund companies in india, has launched "Gold ETF" scheme. It is an Open Ended Gold ETF Scheme.

Investment Objective:

The main objective is to generate returns in line with the performance of the gold prices. The performance would be subject to tracking error.

Benchmark: Price of Physical Gold