Income funds

Income funds invest in G-secs, corporate bonds and the money market, thus reducing volatility

Funds which invest only in government securities may seem to be a risk-free category of funds to own, but the returns of these funds depend quite heavily on interest rate direction. Their NAVs can be very volatile as long-term G-secs can suffer losses if interest rates spike. Income funds, which invest in a combination of G-secs, corporate bonds and money-market instruments, offer a less volatile alternative to gilt funds by trying to earn their returns both from interest receipts (accruals) and capital gains. The income-fund category features over 90 funds, managing assets valued at R1,23,235 crore as of April 30, 2015.

With interest rates falling, these funds have averaged an 11 per cent return in the last one year, 9.2 per cent in three years and 9 per cent in five years. That's lower than the gilt fund category but still quite good, given the lower risk profile of most income funds.

While the combination of accrual and duration strategies makes for a better risk-reward ratio for income funds, investors should watch out for the very differentiated strategies in this space. Some income funds are dominated by G-secs and take long duration calls much like gilt funds. Others stick to moderate or short-maturity portfolios but shop for AA or lower-rated corporate bonds, which can carry credit risk. Others follow a mix of both the strategies.

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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Enter the PNR for your train booking to find its status. Your 10 Digit PNR : Are you looking for Indian Railways Seat Availability information for trains between any two Indian Railway stations? Well, here is a detailed guide to find out seat availability and train fare information for journey between any two stations by any train on any chosen journey date. The holiday season is around and Indian all around are busy making Indian Railways Reservation .But before making the reservation, they would like to check berth availability information and here is a detailed step by step guide to check seat availability and train fare. How to check Indian Railways seat availability · 1. Go to the Indian Railways Passenger Reservation Enquiry page to check seat availability by clicking here [link] · 2. Enter the first few characters of the Originating Station against Source Station Name. For eg., if the origination station is chennai, enter "Che" against Sou

HDFC Capital Protection Oriented Fund – Series II 36M May 2014 NFO

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 HDFC Capital Protection Oriented Fund – Series II 36M May 2014 NFO will be open for subscription from 16th May 2014 to 30th May 2014. The key features of the scheme are as mentioned below: Type of Scheme A Close Ended Capital Protection Oriented Income Scheme Benchmark Crisil MIP Blended Index Fund Manager Mr. Anil Bamboli , Mr. Vinay R Kulkarni & Mr. Rakesh Vyas New Fund Offer (NFO) Period 16 th May 2014 to 30 th May 2014. Minimum Application Amount Rs. 5000 and in multiples of Rs.10 thereafter Plans/ Options Offered Growth and Dividend Payout Facility Liquidity To be listed For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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