Prajna Capital

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• Comparison of Gold Fund of Funds in India
• Debt Mutual fund SWPs better than annuity products
• HSBC MF Dividend

Comparison of Gold Fund of Funds in India Posted: 10 Mar 2013 01:32 AM PST Invest Mutual Funds Online Download Mutual Fund Application Forms Buy Gold Mutual Funds   DSP Black Rock World Gold Fund AIG World Gold Fund NAV as on 01/04/2010 14.639 11.506 NAV as on 31/03/2011 18.542 15.649 Returns of World Gold Funds in India 26.70% 36% Asset size as on June 30,2011(in crores) 1062.69 207.81 Asset size as on Sep.2011 1076.68 224.63 NAV as on 16/12/2012 18.96 15.03 6 month return 10.00% 4.30% --------------------------------------------- Invest Mutual Funds Online Transact Mutual Fund Online Download Mutual Fund Application Forms from all AMCs Download Mutual Fund Application Forms Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund   Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

Debt Mutual fund SWPs better than annuity products Posted: 10 Mar 2013 12:46 AM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Annuities enable people to receive a fixed sum per month against a lump-sum investment and are used to earn a monthly pension. In other words, an annuity is a contract between you and an issuer under which you give the issuer a lump-sum amount and in return, the issuer guarantees you fixed monthly payments over time. In most of the pension plans, on maturity, the corpus accumulated over time is used to buy an annuity for monthly pension. However, the monthly inflow received as pension gets added to the taxable income and gets charged to income tax at the rate applicable to the investor. These annuity plans issued by life insurance companies at best yield around 7% a year and that too taxable. Also, service tax is levied at the time of buying an annuity which further reduces the returns. Most of the annuities don't provide an early exit, in case an emergency arises. A smarter way of planning a pension for your retirement years is to invest the lump sum amount in debt schemes of mutual funds and use the facility of 'Systematic Withdrawal Plan' (SWP) to receive a monthly pension. SWP is a facility wherein every month, on a pre-specified date, a fixed, pre-specified amount is withdrawn from the designated mutual fund scheme and credited to the investor's account. A client of mine, Vijay (name changed), came to me in February 2012 with an investible amount of Rs 1.5 crore and wanted a post-tax monthly withdrawal of Rs 1 lakh. He invested Rs 1.385 crore in the growth option of medium term debt funds which have now grown to around Rs 1.52 crore. The remaining Rs 11.50 lakh was put in the daily dividend reinvestment option of ultras short-term debt funds and a SWP of Rs 1 lakh per month for 12 months from this ultra short-term fund since April 2012. With the last withdrawal in March 2013, the balance in the ultra short-term fund would get exhausted. The investment in the medium term debt fund has completed one year and Vijay has started an SWP of Rs 1 lakh per month from this scheme, effective April 2013. Since the medium term debt funds on an average deliver around 9% yearly return which is broadly in line with the inflation index under the Income Tax Act, it results in almost nil taxable capital gain on the units sold for the SWP. Also, since the investment is over one year old, in case of emergencies, Vijay can withdraw the required fund without any exit load. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) ICICI Prudential Tax PlanInvest Online HDFC TaxSaverInvest Online DSP BlackRock Tax Saver FundInvest Online Reliance Tax Saver (ELSS) FundInvest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) FundInvest Online SBI Magnum Tax Gain Scheme 1993Invest Online Sundaram Tax SaverInvest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFundsInvest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund Invest in Tax Saving Mutual Funds Download Any Application Forms Buy Mutual Funds Online Invest Online Buy Gold Mutual Funds Invest Now

HSBC MF Dividend Posted: 09 Mar 2013 09:58 PM PST Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   HSBC Mutual Fund has announced dividend under the dividend option of HSBC fixed term series 83. The quantum of dividend will be the entire distributable surplus. Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) ICICI Prudential Tax PlanInvest Online HDFC TaxSaverInvest Online DSP BlackRock Tax Saver FundInvest Online Reliance Tax Saver (ELSS) FundInvest Online Birla Sun Life Tax Relief '96 Invest Online IDFC Tax Advantage (ELSS) FundInvest Online SBI Magnum Tax Gain Scheme 1993Invest Online Sundaram Tax SaverInvest Online Edelweiss ELSS Invest Online ------------------ Best Performing Mutual Funds Largecap Funds Invest Online DSP BlackRock Top 100 Fund ICICI Prudential Focused Blue Chip Fund Birla Sun Life Front Line Equity Fund Large and Midcap Funds Invest Online ICICI Prudential Dynamic Plan HDFC Top 200 Fund UTI Dividend Yield Fund Mid and SmallCap Funds Invest Online Reliance Equity Opportunities Fund DSP BlackRock Small & Midcap Fund Sundaram Select Midcap IDFC Premier Equity Fund Small and MicroCap Funds Invest Online DSP BlackRock MicroCap Fund Sector Funds Invest Online Reliance Banking Fund Reliance Banking Fund Tax Saver MutualFundsInvest Online ICICI Prudential Tax Plan HDFC Taxsaver DSP BlackRock Tax Saver Fund Reliance Tax Saver (ELSS) Fund Gold Mutual Funds Invest Online Relaince Gold Savings Fund ICICI Prudential Regular Gold Savings Fund HDFC Gold Fund 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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