Prajna Capital - An Investment Guide

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   ELSS funds – Invest Online   They offer the twin benefits of tax deduction and capital appreciation. Here are a few things you should know before you invest in these tax-saving funds.   1 How much is the risk? ELSS funds are essentially diversified equity funds and carry the same risks. In fact, the risk is higher in ELSS funds because you cannot exit before three years. However, the average ELSS fund has performed better than the average diversified equity fund in the past five years. While the ELLS category has given 15.2% annualised returns, the diversified funds have given 14.3%. This is partly because a large number of equity diversified funds pull down the average returns. However, not all ELSS funds have pe...

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   ECS for NPS Investing The National Pension System provides the ECS mandate facility to its subscribers to let them invest electronically. Find out more   NPS provides an ECS mandate facility to its subscribers to let them invest electronically by giving an auto debit mandate to their banks. Download the ECS Mandate form from the Point of Presence ( PoP ) website or collect the mandate form from the PoP with which you wish to register for making ECS payment. Units will be allotted at NAV based purchase price declared on the fourth day of ECS debit made on the subscriber's bank account. In case the date falls on a non-business day, the immediate next business day will be taken into account for the purpose of determining the NAV. For further information c...

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Gold ETFs and Budget 2014   The tax advantage they enjoyed over physical gold has been done away with Last year, gold exchange traded funds ( ETFs ) had gained a great deal from the depreciation in the rupee and the UPA government's move to impose additional levy on gold imports, making it an attractive option for investors. The landed price of the yellow metal had surged, pushing up the net asset value (NAV) of gold ETFs. However, the recent budget proposal by Finance Minister Arun Jaitley has thrown a spanner in the works for gold fund investors. The revised tax structure for all non-equity funds, including gold ETFs and gold savings funds, and the extension of the holding period from 12 to 36 months to be eligible for long-term capital gains, have effecti...