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Tuesday, March 31, 2015

Birla Sun Life Corporate Bond Fund - Invest Online

Birla Sun Life Corporate Bond Fund is an open ended income scheme investing predominantly in a portfolio comprising of corporate debt securities with short to medium term maturities, across the credit spectrum to benefit from the mispriced credit opportunities available across various yield curves.

 

The reasons for investing in a Corporate Bond Fund now can be summarised as below:-

 

v  With interest rates trending down, it's time to rebalance one's debt portfolio to a more accrual centric strategy from a duration centric strategy

v  Going forward, a duration centric strategy would have to take significantly higher risk to generate the same return as an accrual fund over a span of 3 years

v  The yields at the shorter end are at elevated levels relative to the longer end. With a favourable interest rate outlook, this yields curve  inversion may not sustain over the medium term

v  With easing liquidity conditions,  better demand supply dynamics, structural improvement in corporate balance sheets, the yield curves are expected to steepen

v  Relatively higher absolute yields in the short term corporate bonds provide for higher carry (running yield) and roll down effect over the medium term horizon

 

On the macro level, improving market dynamics, favourable interest rate scenario, conducive business environment is already playing a role in the flurry of private placement of corporate issuances in this calendar year and in the FII participation levels in private bond issuances. It is being observed that with the addition of one more class of buyers for corporate bonds, there is an improvement in liquidity in the secondary market for corporate bonds which has also led to greater trading volumes.

 

According to SEBI website, total private issuances of corporate bonds were at Rs.3.15 lakh crore between April 2014 & January 2015, a whopping 42% year-on-year increase. Normally corporate bond issuances grow at 14%-15% annually.

 

Hence, in order to benefit from the current high interest rate scenario in the next few years, we present BSL Corporate Bond Fund

 

The NFO period of the fund is 30th March 2015 – 13th April 2015.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

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LIC Leave Encashment Plan

LIC Leave Encashment Plan
 
imggallery

 
 
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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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Download Mutual Fund Application Forms from all AMCs

Monday, March 30, 2015

Reliance Japan Equity Fund

 
We believe appropriate asset allocation and  diversification are the key aspects to long term wealth creation. In line with the same we had launched – Reliance Japan Equity Fund , a first of its kind offering with a view to provide investors an opportunity to participate in growth areas across geographies.  
 
Japan is the 3rd largest    equity markets in terms of Market Capitalization and is on its way for a recovery after a prolonged period of slowdown. The Japanese economy is now showing greater signs of recovery, from the slump following the consumption tax hike, with clear pick-up in exports and outputs
                                                                                                           
 
Market Outlook:            
 
  • Nikkei surged 7.9% last month reaching the highest in 15 years. The rise in stock market is attributed to an increase in industrial production, as shown in IP index, that is even more pronounced into this year and to an improvement in inventory that was a negative contributor to GDP.
  • Capex is expected to climb for January-March as evidenced by the remarkable increase in January in capital goods shipments and in machinery orders.
  • BOJ(Bank of Japan) is expected to invest through  ETFs(exchange-traded funds) and GPIF(Government Pension Investment Fund) increasing allocation to domestic stocks will continue to support markets
  • Profit growth of Japanese companies in FY2015 is expected to be higher than that of other major countries and the strong earnings growth can further support the market uptrend
                                             
Reliance Japan Equity Fund Strategy:
 
The Fund Endeavors to select 30 "Winner companies" which have:
  • Top sales volume: Maintain top market share and formidable competitive edge
  • High Profile: Enjoy an extremely high profile in corporate name and/or products
  • Stable Earnings: Have stable and solid earnings performance as leading companies
  • High Growth Potential:  Have a growth potential above the industry average in the mid-and-long term  
                                                                     
Opportunity for Domestic Investors:
  • Own World Class Co's & industries not available in India
  • Diversify investments through Global exposure
  • Gain from currency movement & Japanese Equity Markets
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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

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

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Consolidation of Mutual Fund Folios

People invest at different points of time. Often it is seen that an investor makes a fresh investment in a fund without quoting an existing account folio number with the same fund house. After some time, it gets difficult to monitor these investments held in different folios. An investor can ensure good housekeeping by opting for consolidation of his folios in a particular fund. This makes it easier to manage investments in mutual funds.

Conditions for consolidation

Investors can opt for consolidation of two or more folios if the following parameters are same across all the folios that are being consolidated: Holding pattern Mode of holding Address Tax status and nominee details

Application

The investor is required to submit a letter to the AMC registrar stating all the folio numbers that are to be consolidated into one primary folio. Investors can also download a form for consolidation of folios available with the AMC or its registrar.

Information

The investor needs to mention the source folio numbers and select one target folio number into which the source folios will get merged. The consolidation request must be signed by all holders as per the mode of holding. Updated contact details, holding pattern and PAN of investors must be mentioned in the form.

Submission

The folio consolidation request may be submitted at the AMC official points of acceptance of transactions. An acknowledgement is issued, which can be used as a reference for follow up. After verification, the AMC may merge the investments to the target folio.

Mode of holding, bank mandate, address and nomination details as mentioned in the target folio will be applicable and shall prevail after consolidation of the folios.

Folios where pledge or lien has been marked are not available for consolidation as this requires the consent of financier.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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

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

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Short Term Debt Funds

Debt funds offer no tax advantage over bank fixed deposits if the investment is for less than 3 years

 

You can go in for short term debt funds which invest in corporate bonds and gilts with a short tenure. From the tax point of view, debt funds offer no advantage over fixed deposits if you invest in them for less than 3 years. In both these cases, the gains you make get added to your income and taxed according to your tax slab. But debt funds do score over bank deposits on two counts. They offer superior liquidity. You can withdraw at any time without any penalty. By actively managing their portfolio, they can also deliver better returns than deposits. They have managed to give decent returns in the range of 7.5 per cent to 10 per cent. These funds are actively managed so there is a better chance of delivering higher returns than the bank deposits which again makes them a suitable option.

 

You can invest in Peerless Short term, Sundaram Select short term debt asset plan, Franklin India Ultra short term bond fund, Taurus Ultra short term bond fund and SBI Magnum Income fund. These are part of the short and ultra short term category as per our classification.

 

Answering the second part of your question, it is not difficult to file tax when we also have debt MFs in the portfolio. Any capital gains or loss needs to be declared when filing the tax return so that the tax amount can be calculated accordingly.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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

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

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Financial Planning through Life Insurance

Financial Planning through Life Insurance
imggallery 
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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

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

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Should you Invest in Sukanya Samriddhi Yojana?

                              


The launch of Sukanya Samriddhi Yojana (SSY) by the government for the girl child has sparked considerable interest given its tax benefit and interest rate higher than Public Provident Fund. The SSY offers 75 basis points (bps) higher than the 10-year government bond as against 25 bps by the PPF . For 2014-15, the interest rate for PPF is 8.7% while the SSY offers 9.1%. But, wealth planners believe subscribers should put money in this product along with an investment in equity products. This is because interest rates could fall in the future. Given that the investors are investing for a period estors are investing for a period of 10 years or more, a combina tion of equity mutual funds and SSY will generate better returns. Depending on their risk profile, investors could use SSY along with a combination of equity mutual fundschild funds to meet long-term asset allocation goals for their girl child
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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

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

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now
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