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Friday, April 17, 2015

Birla Sun Life MNC Fund dividend

 

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life MNC Fund. The quantum of dividend shall be R10 per unit.

The record date has been fixed as April 22, 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

Invest in Tax Saver Mutual Funds Online -

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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

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UTI Gold Exchange Traded Fund

 
  • Akshaya Trithiya, the festival of prosperity  is once again around the corner and falls on 21st April 2015 (Tuesday)
  • On this festive occasion, it is also customary to bring home gold as the symbol of wealth and prosperity.
  • It is generally recommend that one should have exposure to Gold to the extent of 5%-10% at all times for portfolio diversification
  • As you are aware, UTI Mutual Fund (UTI MF) has always been in the forefront in launching financial products that aim at providing  solutions to the various financial needs of Investors
  • And UTI Gold Exchange Traded Fund is one of such products which caters to the sentiment of investing in Gold in a smart and efficient way
  • Investors may invest in UTI Gold ETF Units through their registered Brokers on the NSE/BSE under the traded symbol GOLDSHARE especially during the trading hours on 21st April 2015
  • Wishing you and your family a wonderful Akshaya Trithiya 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

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

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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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Dynamic Mutual Funds

While the mandate allows them to move to 100% debt, most prefer to hold it to 35% to get equity tax benefits

Conventional wisdom says investors should buy into the market during the lows and sell when it's high. In reality, it's always the opposite. But some fund houses are trying to achieve it. ICICI Prudential Dynamic Fund, for example, has the mandate to sell its entire equity portfolio if the fund manager feels the markets are incredibly high and move to debt. And, it can invest the entire corpus in stocks when the valuations are attractive.

Among other fund houses, HSBC Asset Management has a dynamic fund since 2007; IDFC Mutual Fund has one since October last year, and more fund houses such as SBI Mutual Fund recently launched similar schemes.

The question is, should investors buy there? Experts say these schemes focus on protecting the downside associated with equity markets. These funds mainly protect the kind of downfall investors have seen in 2008 due to global financial meltdown by moving into debt. They, however, lag in performance when the market starts rallying as they take time to deploy the funds

There are, therefore, recommended for investors willing to trade volatility with slightly lower returns than the other well- established equity mutual funds. At the same time, they are a better choice over index funds, which give return in line with the benchmark and are fully invested in equity all the time.

It is not an easy task for retail investor to time the market. Either they should opt for a systematic investment plan or invest in dynamic fund. ICICI Prudential Dynamic Fund's one- year return is 31.54 per cent, while S& P BSE Sensex has returned 23.61 per cent. HSBC Dynamic Fund's one- year return stands close to Sensex's 23.50 per cent.

While these funds share the same philosophy, their investing style differs. IDFC Dynamic and SBI MF, for example, follow a quantitative model and the fund manager follows a passive investment strategy. ICICI Pru Dynamic is actively managed. All these funds take exposure to derivatives.

While other big fund houses might not have such a scheme, they have funds- of- funds that do the same. HDFC Dynamic PE Ratio Fund of Funds invests in its own equity and debt schemes and so does Franklin India Dynamic PE Ratio Fund of Funds. They are, however, treated as debt funds for taxation and the investor needs to pay a tax depending on the duration of exit.

If you invest in dynamic equity funds, they might affect asset allocation in different market conditions. If markets crash and these schemes move to fixed- income instrument, the portfolio of investors will get heavy on debt. That's why these schemes should not form the core of the portfolio. Only large- cap schemes should form the core.

Although the fund says it can move heavily into debt in adverse market situation, the fund managers don't drop the equity allocation significantly. We don't intent to bring down equity level below 65 per cent. Investors can enjoy zero long- term capital gains tax if they remain invested for more than a year

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

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

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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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Thursday, April 16, 2015

Arbitrage Funds and their Returns

 The table also lists the assets under management of Arbitrage Funds schemes:

 

Scheme Name

3 Months*

6 Months*

1 Year*

Assets (Rcr)

Axis Enhanced Arbitrage Fund

2.07

4.14

-

69.39

Birla Sun Life Enhanced Arbitrage Fund

2.26

4.49

7.91

143.33

DWS Arbitrage Fund

2.12

4.13

-

169.31

Edelweiss Arbitrage Fund

2.31

4.51

-

432.46

HDFC Arbitrage Fund

1.97

3.91

7.9

89.01

ICICI Prudential Blended Plan - Plan A

2.14

3.95

8.57

674.35

ICICI Prudential Equity Arbitrage Fund

2.17

4.08

8.7

1273.28

IDFC Arbitrage Fund

2.13

4.05

8.52

2575.67

IDFC Arbitrage Plus Fund

2.03

3.95

8.05

663.19

Indiabulls Arbitrage Fund

2.29

-

-

25.17

JM Arbitrage Advantage Fund

2.04

3.89

8.31

3083.12

Kotak Equity Arbitrage Fund

2.08

4.11

8.83

2879.19

L&T Arbitrage Opportunities Fund

2.13

4.16

-

153.58

Reliance Arbitrage Advantage Fund

2.39

4.57

8.54

709.12

Religare Invesco Arbitrage Fund

2.19

4.19

8.55

442.46

SBI Arbitrage Opportunities Fund

2.21

4.19

8.77

454.48

UTI SPrEAD Fund

2.2

4.09

8.27

48.07

 

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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