Tuesday, December 15, 2015

Prajna Capital

Prajna Capital


Converting Mutual Funds to Demat form

Posted: 15 Dec 2015 04:03 AM PST

 

Converting mutual funds to demat form

 

Ask your demat provider for a dematerialisation request form (DRF) to convert mutual funds held in physical form to demat form

 Ask your demat provider for a dematerialisation request form (DRF) to convert mutual funds held in physical form to demat form. Fill and sign the form and attach the account statement of your mutual funds as a proof and submit it to the depository participant.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

Invest in 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

What is Mutual Fund Portfolio Overlap?

Posted: 15 Dec 2015 03:09 AM PST

What is Mutual Fund Portfolio Overlap?

Mutual Fund Overlap occurs when you own two or more mutual funds that may have similar investment objectives and therefore hold many of the same securities.

Let's say you would like to invest in Fund ABC and also in Fund XYZ. After checking their portfolio holdings, you find that Fund ABC owns three companies' stocks i.e., Infosys, TCS & SBI and Fund XYZ has invested in Infosys, TCS & Reliance.

Here, you could clearly see that there is too much of a portfolio overlap. Both the funds have invested in Infosys and TCS shares. These are the common stocks owned by both the funds.

Mutual Fund Portfolio Overlap pic

 

As an investor, you don't want too much of an intersection between the circles- you want the least amount of overlap possible.

ICICI Prudential Value Discovery Fund benchmark

Posted: 15 Dec 2015 02:27 AM PST

 ICICI Prudential Mutual Fund has approved the change in the benchmark of ICICI Prudential Value Discovery Fund from CNX Midcap Index to S&P BSE 500 Index with effect from November 01, 2015.
ICICI Prudential Value Discovery Fund - Invest Online

Best Tax Saver Mutual Funds 2016 or Top ELSS Mutual Funds for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

Invest in 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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