Prajna Capital - An Investment Guide

  Instead of randomly investing in a number of mutual fund schemes, investment advisors suggest you select funds, keeping your goals in mind. 1. What is goal-based financial investing? Every individual has several life goals - both long term and short term. Investing in a planned manner to achieve these goals is called goal-based investing. For example, if you want to plan a foreign holiday with your family in mid-2018, which is about 18 months away , it is a short-term goal. On the other hand, saving for the higher education of your child who is five now is a long-term goal. 2. How does one plan for goals? The first step is identifying the goal for which you wish to in vest and assessing the time you have to reach it. Once that is done, it is important to find how much the goal costs today . Add a reasonable amount of inflation to that, and then you would know what the goal would cost you in the year you wish to accomplish it. The next step would be to understand how much you can...

DSP BlackRock Tax Saver scheme seeks to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors avail of deduction from total income, as permitted under the income tax act. A conservative fund in the ELSS category, it has retained a consistent three- to four-star rating for the last six years amid challenging market conditions. It managed a climb in the rankings from three stars to four stars and then five stars in 2016. DSP BlackRock Tax Saver Fund has outperformed its benchmark in eight out of nine years since launch and its peers in seven of those years. The fund isn't wedded to any particular style and follows a diversified approach to select stocks. Though multi-cap by mandate, the fund has been quite large-cap stock oriented in the last five years. The fund also takes tactical calls to capitalise on market trends and opportunities. The fund...

MEETING THE COSTS FOR A FAMILY VACATION, BUYING A CAR IN A COUPLE OF YEARS COULD BE EASY WITH SIPS IN DEBT AND LIQUID FUNDS When one talks about starting a systematic investment plan (SIP) in a mutual fund scheme, one usually has in mind a disciplined investing approach with a long term goal in mind. However, advances in banking technology and the MF industry's search for new services for its investors are now making it possible for investors to save and investment through the SIP route to meet their short term and medium term goals as well. For example, one wants to go for a family vacation and needs to plan for the cost a year or two in advance. For that one could set up an SIP in a accrual fund or if the fund house allows, then even in a ultra short term fund or a liquid 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 2018 Best 10 ELSS Mutual Funds to inve...

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 BlackRock Tax Saver Fund 2. Invesco India Tax Plan 3. Tata India Tax Savings Fund 4. ICICI Prudential Long Term Equity Fund 5. Birla Sun Life Tax Relief 96 6. Franklin India TaxShield  7. Reliance Tax Saver (ELSS) Fund 8. BNP Paribas Long Term Equity Fund 9. Axis Tax Saver Fund 10. Birla Sun Life Tax Plan Invest in Best Performing 2017 Tax Saver Mutual Funds Online Invest Best Tax Saver Mutual Funds Online Download Top Tax Saver Mutual Funds  Application Forms For further information contact  SaveTaxGetRich on 94 8300 8300 ------------------------------ ------ Leave your comment with mail ID and we will answer them OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com OR Call us on 94 8300 8300    

  First time investors into mutual funds are often confused with the term Net Asset Value (NAV) wondering whether they should be buying a fund with higher or lower NAV. Is it better to buy a fund which has a lower NAV? Investing in mutual funds is different from stocks. When you buy mutual fund units the NAV , is calculated on the basis of the current market price all the as sets that the mutual fund owns. It represents the fund's intrinsic worth. Financial planners suggest it is irrelevant how high or low the NAV is. If the amount of your investment re mains unchanged, and two comparable funds have identical portfolios, a low NAV would result in the investor being allocated a higher number of units held and consequently a high NAV would mean lower number of units allot ted. In both the case, the value of your investment, would be identical. Going ahead, the stocks present in a portfolio and their subsequent movement deter mine returns from a fund, making the value of the NA...

ICICI Prudential Balanced Fund is A balanced scheme suits equity investors who are particularly concerned about insulating their portfolio from extreme volatility of stock markets. A balanced scheme gives investors the best of both the worlds -equity and debt. Among the balanced schemes, ICICI Pru Balanced Fund has been a distinguished performer. Fund managers Sankaran Naren, Manish Banthia and Atul Patel manage the scheme. On the equity side, the scheme is known for its contrarian investment strategy. This is a key thing that distinguishes the scheme from other balanced funds. The fund managers are not interested in employing inconsistent stockselection strategy and show superior returns. The scheme has a good mix of large-sized established companies on the equity side. Prominent companies in sectors such as telecommunications, power and IT, which may seem out of favour at present, may see a turnaround in earnings cycle in the next two years are the ones which have attracted the a...

Best SIP Funds Online   Prime Minister Narendra Modi on July 1 will launch the digital locker facility that will help citizens digitally store their important documents, such as PAN card, passport, mark sheets and degree certificates. Here are five things you need to know about Digital Locker or DigiLocker: 1. Digital Locker will provide secure access to government-issued documents. It uses authenticity services provided by Aadhaar. 2. Digital Locker is aimed at eliminating the use of physical documents and enables sharing of verified electronic documents across government agencies. 3. Digital Locker provides a dedicated personal e-storage space to citizens, linked to their Aadhaar numbers. 4. Digital Locker will reduce the administrative overheads of government departments and agencies created due to paper work. It will also make it easy for Indian citizens to receive services by saving time and effort as their documents will now be ava...

  Stock market initiates with an interest in derivatives will often come across the term open interest. This is a very useful tool in understanding, along with price data, whether a market has topped or bottomed, among other things. 1. What is open interest? An outstanding buy or sell position on a stock or index futures or options contract. A trader can gather cues from open interest (OI) to spot potential trends in a stock or in an index. Read along with price data it's a useful data for traders who can interpret whether a trend is bullish or bearish. But often it could mislead those wet behind the ears. 2. Why is it important? Higher the OI, deeper the market. High volumes along with high OI indicates greater hedger and trader participation on a stock futures or options counter. Conversely , high volumes and low OI means more speculative interest in a counter. Because OI is high a trader can gauge whether short-term trend in a counter is bullish or bearish. 3. How's that?...