Prajna Capital - An Investment Guide

  Most income tax assessees have to file their ITR online. Here is the process of doing it in detail All income tax assesses - including individuals, Hindu Undivided Families (HUFs), professionals, Trusts, firms and companies-can now file their tax returns online. With a few exceptions, it is mandatory for all taxpayers to file returns online. Here are the steps to follow when you file your tax return. Who should go for ITR e-filing All income tax assessees need to file their returns online. However, the following can file using physical forms. -Very senior citizens (individuals who were older than 80 years at any time during the previous year). -Individuals or HUFs whose income was less than Rs5 lakh and who do not have to claim any refund.   You can file the online return yourself on the income tax department's e-filing website www.incometaxindiaefiling.gov. in .   Most of these websites provide simplified platforms for income-tax assessees to file their returns. You can use thes...

Investments in companies with strong fundamentals and scalable business models. The fund follows a multi cap strategy, thus combining the stability of Large Caps with Mid Cap growth potential The fund is currently focused on domestic growth themes, which can meaningfully benefit from the expected economic turnaround. The fund has an established track record of over a decade. For example: Rs.1 Lac invested in the fund at inception (28-Mar-05) was worth Rs.7.14 Lacs as on 30-June-16, as compared to Rs.4.17 Lacs in the benchmark (S&P BSE 100)  NAV as at June 30, 2016(Rs.) 71.4429 Performance of Reliance Equity Opportunities Fund - Growth Option as on 30/06/2016DateNAV Per Unit (Rs.)Scheme Returns (%)Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs)Since inception till June 30, 201610.0000  19.07 13.52 13.46June 30, 2015 to June 30, 201672.9909(2.12) (0.40)(2.81)  N.AJune 30, 2014...

The basics numbers of saving, investment and life expectancy have changed and we all need to save more for old age If you want your savings to be worth more, then you should invest more. It sounds like a joke, but it isn't. Over the last few months, while analysing savers' long-term projections and answering their questions, it's become increasingly clear that most people do not save enough. This is not unique to India--financial advisors around the world have started talking about it. In the developed world, this is driven by the realisation that interest rates and the resulting income from fixed-income products could possibly stay at negligible levels for many more years, perhaps a decade or more. In India, there are a range of reasons why savers need to save more, and interest rates are only one of them. Nominally, in terms of the number that your bank has written on your fixed deposit certificate, interest rates in India are quite high. However, anyone who understands e...

Check LIC Policy status without registration by Mobile Phone or SMS   Many of LIC policyholders might be struggling to get their status. Because they feel it is cumbersome to visit LIC Office, contact agent or creating login to check on LIC Portal. But do you know we can check LIC Policy status without registration through Mobile Phone or SMS? You can check your LIC Policy status by going online, registering your policy account details and all those. Because there is a possibility (in many cases) of forgetting the password or username itself. However, below I will explain you how to check your policy status without registration using your mobile phone or SMS facility. What you need to avail these facilities? 1) Mobile phone (For calling or sending SMS) or Land phone (For calling). 2) You must know your policy number. 1) Check LIC Policy Status without registration by calling to LIC's IVRS (Interactive Voice Response System) – LIC offers you IVRS calling. Thi...

Birla Sun Life Advantage Fund (An Open-ended Growth Scheme) With a superior track record of over 10 years, BSL Balanced Advantaged Fund, an open-ended diversified equity fund aims to offer long-term capital growth, at relatively moderate levels of risk through a research-based investment approach.   • Long-term Capital Growth   • Investments in Equity and Equity related securities.   Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich For further information contact  SaveTaxGetRich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com OR Call us on 94 8300 8300

HDFC Equity Savings Fund - One fund  With the strength of three HDFC Equity Savings Fund is suitable for investors who are seeking *   capital appreciation while generating income over medium to long term provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments

HDFC Mutual Fund today sought SEBI approval to launch HDFC Housing Opportunities Fund – Series 1 , a close-ended equity oriented hybrid fund. As the name suggests the fund will invest in housing theme to take advantage of the expected growth in housing and allied business, said the fund house in a draft offer document. Sharing the rationale behind launching this fund, a senior official of the fund house said, "In the budget 2017, the government has given a thrust to affordable housing sector. In fact, we have seen growing demand of housing sector among investors. Hence, we plan to launch a fund focussing on housing sector." The fund house plans to introduce three plans in the scheme depending on the tenure ranging between 24 and 66 months.   The scheme will invest a minimum of 70% in equity instruments of entities in housing and its allied business activities, which include the cement and steel industries. The fund can also take exposure of ...

Win through all market cycles by investing in L&T Business Cycles Fund

  It seems obvious that if you don't have any taxable income , there is no need to file a tax return. But in some situations return filing may be necessary or even mandatory , irrespective of whether you have taxable income or not. Do file your income tax return if any of these apply to you – You need a tax refund : Your income is below taxable limit but your bank has deducted TDS on interest on fixed deposit. You are a freelancer and your income does not exceed Rs 2.5lakhs but a client deducted TDS before paying you. This is a common scenario especially for small freelancers, such as designers or parlors or boutiques, usually they run their   business   from home and don't have income above the exemption limit. But sometimes TDS gets deducted on their income. If this is true for you, file your tax   return   and claim a   refund. You are an NRI with rental income in India : If you are a   NRI   but own a house in India which gives you rental income, you should...

  The yield on new 10-year benchmark (6.79% GoI 2027) ended the month of June at 6.51% down by 15 bps over the previous month end. The yield on 10-year AAA Corporate Bond ended the month at 7.42% as against 7.64% at the end of May 2017. Thus, corporate bond spreads during the month narrowed to 80 bps as against 87 bps in the previous month. Liquidity conditions continued to remain positive during the month of June 2017. As against ~Rs. 340,058 crs of average liquidity absorbed by RBI during the month of May 2017 through various sources (Liquidity Adjustment Facility, export refinance, marginal standing facility and term repos/reverse repos), ~Rs.309,030 crs of liquidity was absorbed by RBI during the month of June 2017. Cash Management Bills (CMBs) were issued twice during June totaling Rs.60,000 crs. On 30th June, RBI announced an Open Market Operation (OMO) sale of G-secs totaling Rs.10,000 crs. The overnight rate ended at the same level of 6.25% as a...

  HDFC Prudence Fund Online Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich For further information contact  SaveTaxGetRich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com OR Call us on 94 8300 8300