Prajna Capital - An Investment Guide

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

  Bank Savings Account FAQ's   What is the rate of interest offered for general savings account? Most of the banks offer 4% per annum for a no-frills savings account and the interest will be credited to your account on a half-yearly basis. However, the interest rate may vary depending on the type of savings account. When it comes to a savings account, what is nomination? Whom can I nominate? Bank accounts have a concept of nomination wherein in case of the unfortunate event of your death, the person appointed by you as nominee will take care of your assets. For singly and jointly held deposit accounts, there can be one nominee. A nominee can be a family member, friend or any trusted person who is above 18 years of age. How can I access my savings account held with a particular bank? Most of the banks offer customers the flexibility to access their savings account through multiple channels like bank branches, web portal, ATMs and through phone, mobile banking if available. If I enab...

  Home Buyer Risks and responsibility In a sale process, two primary parties are involved: Seller and Buyer. Both these parties have certain rights and responsibilities in order to complete the transaction successfully. The agreement to sell and sale deed is executed on the doctrine of 'Good Faith'. Let's take a look at the key responsibilities and risks of buyers and sellers:     Home Buyer's Responsibilities Payment of Price: One of the primary responsibilities of the buyer is to pay the consideration. He is bound to pay the purchase money to the seller at the time and place agreed upon with the seller. This liability of the buyer is personal in nature and if the seller refuses to accept it, the buyer can deposit the money in court. This means that if the buyer so wishes, he/ she can deposit the money in court, which later can be handed over to the seller, once the agreed property is legally transferred in his/her name. However, this obligation on the buyer arises whe...

  What is Fuel Surcharge on Credit Card and how to get it waived off ? With the wide acceptance of credit cards at almost all merchants, A lot of people today carry very less cash in their pockets. This provides convenience to you as there is no need not worry about carrying adequate cash for payments. What you may not know is that for providing you with this ease the merchants bear a cost for every transaction which is payable to the bank. This cost is different for every bank and the type of merchant.   Fuel Surcharge Fuel is a necessary commodity and million of people pay for fuel everyday using their credit card. Now, there is an extra charge to be paid to banks for the use of credit cards to pay, but fuel companies never would want to bear this additional cost for credit/debit card transactions because fuel is a necessity and people will anyways buy fuel no matter what the payment mode is. So they ask their customer to pay the cost attached with making the payment through credit/d...

  Health Insurance for Cancer in India Being one of the deadliest disease, cost of cancer treatment in India whether it is breast, lung, liver cancer etc. is extremely high as it involves chemotherapy, radiation therapy and many other diagnostic tests along with hospitalization expenses. And for a middle class family this high cost drains out their life long savings and more over there is no guarantee for the patients survival. So that is why buying insurance for cancer has become quintessential. Moreover in India every year over 15 Lac cases of cancer are detected and nearly 8 lac people succumb to it. As this number is rising along with the treatment cost, people   buying health insurance   for cancer is on rise. In India, insurance for cancer patients is available which covers you against this disease and that too at a very less premium and this has resulted in increased survival rate as patients could now afford treatment costs covered under an insurance policy. Most importantly p...

  Birla Sun Life Top 100 Fund – Invest Online   Fund Type:   Open-ended. Investment Plan:   Growth scheme. Benchmark:   CNX NIFTY. Load details: Entry load: None. Exit load: 1.50% Asset breakup: Equity: 91.70% Others/Unlisted: 0.54% Debt: 0.10% Cash / Call: 8.15% Investment portfolio: Banking and finance: 29% Automotive: 11% Information Technology: 10% Pharmaceuticals: 9% Cash / Call: 8% Oil & Gas: 7% Engineering & Capital Goods: 5% Consumer Non-durables: 2% Conglomerates: 2% Telecommunication: 2% Metals & Mining: 2% Tobacco: 2% Food & Beverages: 2% Manufacturing: 2% Chemicals: 1% Media & Entertainment: 1% Utilities: 1% Services: 1% Retail & Real Estate: 1% Cement & Construction: 1% Total asset size:   Rs.1,415 crore (as on June 30th, 2015) Fund performance: The below table illustrates how the average fund returns are highest in the last 2 years, standing at a strong 34%, a whole 7.8% higher than the category average. On the whole, the fund has provided hig...