Prajna Capital - An Investment Guide

  Best Equity Mutual Funds - Invest Online   Equity funds give the highest returns by far and are usually categorized as high risk investments. Some of the best performing mutual funds in this class over the past 3 years have been: Name NAV* (Rs.) AUM (Rs. Cr) Expense Ratio (%) Average Returns (3 years) (% p.a.) UTI Transportation and Logistics Fund 86.72 591.39 2.78 43.34 ICICI Prudential Exports and Other Services Fund 46.40 681.93 2.60 40.52 SBI Small & Midcap Fund 30.47 492.97 2.47 38.90 Franklin India Smaller Companies Fund 37.28 2448.89 2.35 37.39 *NAV rates as on 26 th   August 2015. UTI Transportation and Logistics Fund : This is open-ended logistics sector based equity fund that aims to provide capital growth by investing in companies related to the fields of transportation manufacture, services, distribution, design or equipment sale. The fund has averaged returns to investors at the rate of 43.34% over the last 3 years, making it the best performing mutual fund in its ca...

If you are looking to invest for a short term goal which is less than 5 years away, what kind of debt fund would you choose?   Simple answer to the above question is follow our recommendations and you are done.   But to be fully confident about your selection of fund it is better that you know what the 2 most important parameters are when it comes to selecting debt schemes.   Two important parameters for choosing the right category of debt mutual funds are – AVERAGE MATURITY & MODIFIED DURATION   1) AVERAGE MATURITY   The average maturity of a debt mutual fund indicates the tenure or the time to maturity of all the assets held by the mutual fund. A debt mutual fund invests in various fixed income instruments such as government bonds, corporate papers, CDs , etc. each of these instruments have its own maturity date.   Average maturity does not indicate when the scheme matures. Open ended schemes do not mature.   Higher the average maturity of the portfolio, greater would be the in...

Invest Bond Mutual Funds Online ------------------------------ ----------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in india for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Religare Tax Plan 4. DSP BlackRock Tax Saver Fund 5. Franklin India TaxShield 6. ICICI Prudential Long Term Equity Fund 7. IDFC Tax Advantage (ELSS) Fund 8. Birla Sun Life Tax Relief 96 9. Reliance Tax Saver (ELSS) Fund 10. Birla Sun Life Tax Plan Invest in Best Performing 2016 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 ...

Large Cap and Diversified Equity Mutual Fund SIPs - Invest Online    Systematic Investment Plans (SIPs) were introduced in India almost 20 years back by Franklin Templeton. Since then, SIPs in good funds have generated excellent returns and created wealth for the investors. SIPs offer a simple and disciplined way to accumulate wealth over the long term. Mutual Fund SIPs work pretty much like bank recurring deposits, except they generate superior risk adjusted returns compared to recurring deposits. There are a number of benefits of retirement planning through Mutual funds Systematic Investment Plans (SIP):- The biggest advantage of SIPs is that, they make the need to time the market irrelevant. It is not possible to predict accurately how markets will behave. By investing at a regular frequency, e.g. monthly, one is invested both at the high and the low points of the market. SIPs work well ...

With electronic insurance accounts mandatory from 1 October, find out how to open one and buy e-policies If you are planning to buy an insurance policy after 1 October, it will be mandatory for you to have an e-insurance account, according to the Insurance Regulatory and Development Authority of India (IRDAI). Though e-insurance was started two years ago, the accounts have been made mandatory only now. The move is aimed at consolidating your insurance portfolio and also making the claim process easier. You can open the electronic account by directly approaching the repository, or through your insurer, who can do it through its partnership with a repository. There is no extra cost involved in opening the electronic account. After you get an account, all your insurance policies will be available at one place. You can access them at any time and when it comes to making a claim or registering a complaint, you will not need to pay a physi cal visit to the insurance office or branches. The ...

A joint savings account comes with operating options such as either or survivor, anyone or survivor, former or survivor and latter or survivor Are you looking to open a joint savings account with your spouse, parents, siblings or children? All banks that offer savings accounts, allow you to open a joint account. According to the Reserve Bank of India (RBI), there is no restriction on the number of account holders who can jointly share one account. However, there are banks that restrict the number of joint account holders to four. Further, the way you operate the joint savings account depends on the agreement that you have signed with the bank. Different types of joint accounts A joint savings account comes with operating options such as either or survivor, anyone or survivor, former or survivor and latter or survivor. These terms decide how you can operate the account and what happens to the money in case of death of an account holder. Either or survivor:   If you select this option, ...