Prajna Capital - An Investment Guide

Mirae Asset Prudence Fund 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

To achieve your financial goals, you have made the right decision of staying invested in Sundaram S.M.I.L.E which has returned 19.1% p.a. since inception (February 2005) and has consistently beaten its benchmark over time Benefits of staying invested for the long term : Making an investment for the long term can be rewarding since the impact of near term market volatility fades over time. Investing over a longer period helps promote savings and enables you to achieve financial goals like preparing for Retirement, saving for your Child's College Education or Marriage, apart from creating wealth to meet one's growing needs. An illustration of how an investment of Rs.10,000/- in Sundaram S.M.I.L.E since inception (February 2005) has helped build wealth over time. 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

eKYC in MFs   The Securities and Exchange Board of India (Sebi) has issued guidelines under The Prevention of Money Laundering Act, 2002 (PMLA) which requires investors to be KYC (Know Your Customer) compliant before investing in mutual funds. Completing KYC for investors was a major hurdle for distributors to get investors on board. To solve this problem, Sebi has launched eKYC in mutual funds. What is eKYC in MFs? eKYC is a paper less Aadhaar based process for fulfilling KYC requirement to start investing in mutual funds (MFs). This has been implemented after Sebi recently allowed Aadhaar based KYC to be used for MF investments, for the convenience of investors. Karvy and CAMS on have facilitated eKYC for investors in MFs. How does eKYC work and what are the benefits? The regular KYC process re quires submission of KYC form with investor signature and additional documents for ID and address proof. IPV and sighting the original documents needs to be completed by a competent pers...

 While buying a term plan, many will concentrate only on the comparison of Term Insurance Premium of different companies. However, there are other methods by which one can save their term insurance premium. Let us see them in detail.   #1: Using Life Insurance Ladder – How you arrive at the sum assured requirement for your life insurance? In simple terms, these are based on below assumptions. You need money to cover your family expenses until your spouse dies or your kids get a job-To arrive at this value, you must know the current household expenses, number of years you need this income stream (up to the death of your spouse or job of kid), inflation of such expenses and suppose you die today then how much return you can expect from the corpus of term insurance maturity claim. Based on your financial goals-Insurance requirement for such goals be arrived at by considering the current cost of your financial goals. Based on your existing outstanding loans-You are clearing the inte...

Invest in Tata Equity PE Fund Online 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

Taxation for fund of funds (FoF) is similar to that of debt mutual funds. The redemption will qualify for l ong-term capital gains tax if your units are held for three years (36 months) or more. The long-term capital gains tax will be 20 per cent with the inflation indexation benefit. If your investments are redeemed before three years (36 months), the short-term gains will be taxed as per your applicable Income Tax slab. ------------------------------ ----------------- 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 2017 Best 10 ELSS Mutual Funds in India for 2017 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun ...

The comparison of Birla Sun Life Cash Manager Vs Bank Account has been given for the purpose of the general information only. Loads and Taxes are not taken into consideration. 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

TATA LARGE CAP Fund Online   This funds runs a p ure large-cap mandate compared to many peers in its category that have a sizeable mid-cap exposure. It is focused on growth-oriented, quality businesses that are high on capital efficiency with high return ratios. Though a large-cap offering, it is not a closet index fund and the fund manager is comfortable placing large bets outside its benchmark. He also backs his high conviction bets with large active positions to drive out performance. Its pure large-cap tilt and quality consciousness prevents it from capturing market upside as well as some of its peers but ensures that the fund does much better during bad times. Investors looking for a dependable pure large-cap play should consider this fund.   Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds Top 10 Tax Saver Mutual Funds for 2017 - 2018 Best 10 ELSS Mutual Funds to invest in India for 2017 1. DSP BlackR...

Filing your tax return is not enough. You also need to verify it to complete the process. Here's how to do it. Though the tax filing deadline is still a week away, many taxpayers have al ready filed their returns. However, many of them have not completed the entire process. After filing the tax return, the taxpayer also needs to verify the return. If this is not done within the stipulated time, the return will be deemed invalid and the taxpayer will have to file it again. Taxpayers who e-file have the option to e-verify their returns.This can be done at the time of uploading or even after uploading. They also have the option to take the physical route by sending the signed verification to the Centralised Processing Centre (CPC) at Bengaluru. FIVE WAYS TO E-VERIFY YOUR TAX RETURN AADHAAR LINKED OTP Can be used only if the Aadhaar is linked to your registered mobile number. An OTP is sent to your mobile number. Enter the OTP and click on submit to verify the return. OTHER OTP If gros...

Often, investment for most individuals begins and ends with tax planning. Although it is pertinent to avail tax breaks, this should not be the sole focus. Start by jotting down your key financial objectives, the tentative time of money requirement and the corpus needed to achieve those goals. One can use tax saving investments effectively, to achieve financial goals. For example, one can take a children's plan that also provides tax benefit. Consider the impact of inflation on your needs. After your first few working years, as income goes up, it is wise to invest beyond one's tax saving investments to achieve your goals. Also, evaluate the life cover requirement, while planning for your taxes. We are giving below a brief on some of the Popular allowance / Exemption and deductions, benefit of which can be taken by the salaried taxpayers to reduce their tax burden.   Maximising your tax saving   1. Exemptions/reimbursements – Identify the reimbursements available from the compan...