SEO Simplified By Gabs Gaurs & Geets: Prajna Capital

Wednesday, December 9, 2015

Prajna Capital

Credit Card Users
Sovereign Gold Bonds - SGBs
FRANKLIN INDIA SMALLER COMPANIES - Invest Online

Posted: 09 Dec 2015 06:40 AM PST

1 Credit cards usage amounts to taking an unsecured loan from the card company.Interest rates on credit cards are high (22-48% p.a.). Interest is levied on monthly basis (39% p.a. is 3.25% monthly).

2 Credit cards come with an interest-free period-no interest is payable on the outstanding during this time.Typically, it is for 20-50 days.

3 Beyond interest-free period, monthly interest on outstanding will be charged.In addition, late payment fee and service tax (14.5% after Swachh Bharat cess) will be levied.

4 Paying minimum amount due does not mean interest need not be paid. It needs to be paid on balance. Benefit of paying minimum amount is to protect credit score.

5 You can withdraw cash using a credit card but the cash withdrawal limit is usually lower than the credit card spending limit.

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

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

Leave a missed Call on 94 8300 8300

Sovereign Gold Bonds - SGBs

Posted: 09 Dec 2015 03:58 AM PST

1 SGBs will be issued by Reserve Bank of India on behalf of the Government of India as an alternative to purchasing metal gold.

2 The SGBs will be restricted for sale to resident Indian entities including individuals, HUFs, trusts, universities and charitable institutions.

3 SGBs will offer an interest rate of 2.75% p.a. The interest will be payable semiannually on the initial value of investment and shall be taxable.

4 The minimum permissible bond should be worth 2 grams of gold, and the maximum can be 500 grams per person per fiscal year.

5 The tenor of the SGBs will be for a period of eight years with an exit option from the fifth year to be exercised on the interest payment dates.

6 The bonds will be also tradable on exchanges. Capital gains tax shall be levied as in case of physical gold.

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

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

Leave a missed Call on 94 8300 8300

FRANKLIN INDIA SMALLER COMPANIES - Invest Online

Posted: 09 Dec 2015 02:44 AM PST

FRANKLIN INDIA SMALLER COMPANIES

Over the years, this fund has built a stellar track record of outperformance, investing in quality stocks from the volatile midand small-cap universe. In the capable hands of its experienced fund manager, the fund has emerged among the top performers in its category across 3-, 5and 7-year time periods. The portfolio construction is highly benchmark agnostic, with only nine of its 70 odd stocks forming a part of its benchmark index. This suggests a high degree of flexibility for the fund manager. The low turnover suggests a buy-and-hold strategy. The fund also boasts of a risk-reward profile that is among the best in its category, making it a quality bet in this high risk segment.