Prajna Capital - An Investment Guide

Best SIP Funds Online   ELSS is a good option for an investor to take exposure to equities as it comes with an added benefit of tax savings on investments up to a specified limit. Although it comes with a lock-in of three years, this should not be seen as an irritant as equity is a long-term asset class and delivers superior return over cycles. To benefit from the compounding effect, one has be patient and remain invested during market ups and downs. Three-year lock in encourages the investor to have a minimum three-year view while investing in ELSS funds which is in the interests of the investors considering the characteristics of the asset class I just explained. Indian equity markets have delive-red very strong returns in the last 12 months with the benchmark Sensex delivering about 26% returns and BSE Midcap Index about 37% returns. Even though the medium- to long-term outlook for markets continues to remain positive, it would be prudent for investors to ...

Best SIP Funds Online   Depending on the nature and scheme of the infrastructure bond, it can be traded on the stock exchange or can be bought back. If the bond is traded on the stock exchange, gains arising from the same would  be subject to capital gain tax. Further, interest on the infrastructure bond is taxable/tax free depending on the nature of the bond. SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact  Save Tax Get Rich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com

Invest Mirae Asset India Opportunities Fund Online Increasing volatility in markets should be a signal for investors to look for consistent performers in mutual funds. Among diversified equity funds, in the past eight years, Mirae Asset India Opportunities has been one of the consistent performers. The scheme's fund manager Neelesh Surana has been consistent with the fund house's philosophy of selecting high growth businesses at reasonable prices. The focus has been on the companies which have generated high r eturn on capital employed (RoCE) and are expected to enhance it further. These two key factors have played a critical role in the scheme's out performance as opposed to its benchmark S&P BSE 200 and its peers. The scheme invests 70-80% of its portfolio in large-sized companies and the remaining part is invested in mid-sized companies. With the help of these factors, in the past seven, five and three years, the scheme has given 18%, 1...

Best SIP Funds Online   Life and health insurance typically are not supposed to be considered as investments. However, both are very important and must be considered as one of the priority money move to be made before turning 30. If you are earning and have a family dependent on you, you must assess and buy the right life insurance term cover for yourself. Further, with costs of health care and medical on the rise, any untoward illness without sufficient cover will have you dip into capital which is unnecessary. Hence, there cannot be any compromise on health insurance. Thankfully, there are various health covers available in the market today. You should opt for the right cover for yourself, depending on your needs and post considering all the options. SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Fund...

Best SIP Funds Online   Peak valuations in markets warrant attention to stocks which have growth potential and are attractive on relative valuation. Among the large-cap schemes which not only look at companies from growth potential but also on ratios such as price-to-book value and relative market capitalisation is ICICI Prudential Value Discovery Fund. The scheme has consistently followed this style of investing and has rewarded investors by recording commendable performance especially in the long-term. In the past five-year and ten-year periods, the scheme has delivered 20.9% and 15.3% returns while its benchmark BSE 500 has delivered 14% and 6.4% returns, respectively, in the same periods. One of the key features that has been the hallmark of the scheme is it is not tied down to size of a company. The scheme's fund manager Mrinal Singh is in constant search of attractive valuations. Since the past one year, large-sized companies have been far more attractive than their mid-sized...

Best SIP Funds Online   SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact  Save Tax Get Rich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com

Best SIP Funds Online   PF Withdrawal 1) To encourage long-term savings, the government has formulated tax laws accordingly. If the withdrawal from a recognised PF happens after five years of continuous employment, it attracts no tax liability. In case of employment with different employers, if the PF balance maintained with the old employer is transferred to the PF account of the new employer, it is considered a continuous employment. 2) If an employee has been terminated because of certain reasons beyond his or her control (such as ill health and discontinuation of business of employer), the withdrawal does not attract any tax, irrespective of the number of years of employment. 3) In case of a withdrawal before five years, the amount becomes taxable in the same financial year. Thus, the amount has to be shown in your tax return for the next assessment year. The employer's contribution to PF and interest earned on it is added to one's income and tax...

Best SIP Funds Online   HOW HAS Tata Ethical Fund PERFORMED?   With a 10-year return of 7.62%, the fund has underperformed the category average (8.63%), while faring marginally better than the benchmark (7.11%).   Category: Equity   Type: Multi Cap   Benchmark: Nifty-500 Shariah   FUND MANAGER   Pradeep Gokhale   Tenure: 5 years and 10 months   Education: B.com (H), CA and CFA   Being a Shariah-law compliant fund, this scheme stays away from the banking and finance sector and avoids some of the 'sin' sectors like alcohol, armaments, and even hospitality, among others. It doesn't have any market-cap bias, but currently its tilted towards large-caps.   It has raised exposure to the midcap segment in recent months, resulting in lower portfolio market cap relative to peers. The fund prefers companies with high capital efficiency, low leverage and high cash generation ability.   The portfolio is reasonably diversified, with the fund manager taking aggressive positions in the top...

Best SIP Funds Online   While you may have made investments to claim deduction under Section 80C of the Income Tax Act, there are various payments, investments which are available as deduction against an individual's taxable income. It is your duty to pay tax to the government, but overpaying taxes is not wise. While you may have, for instance, made investments to claim deduction under Section 80C of the Income Tax Act, there are various payments / investments which are available as deduction against an individual's taxable income. A few are mentioned below: 1. Deduction towards rent paid for accommodation provided is available, subject to conditions. For salaried individuals, an exemption for the rent paid is allowed being the least of the following: # actual HRA received, # actual rent paid as reduced by 10% of basic pay, or # 40% / 50% of the basic pay (depending on the location of accommodation) For non-salaried individuals, a deduction is al...

Best SIP Funds to Invest Online   After resigning from a job many individuals do not get their provident fund (PF) transferred from the previous employer to the new employer. People do this mainly because the funds are safe with the Employees' Provident Fund Organisation (EPFO) and it keeps earning tax-free returns. Things, however, will not be the same from now on. In November 2017, the Bengaluru bench of the Income-Tax Appellate Tribunal (ITAT) ruled out tax-exemption on the interest earned after an employee has quit. So, to avoid getting taxed, you will have to either transfer the PF balance to the new employer or withdraw the amount at the earliest after the exit. After an exit from a job, even though no fresh contributions are made, such PF accounts remain 'operative' with the balance earning interest every year. The PF balance as on the date of exit from an organisation continues to be tax-exempt but interest earned on the balance thereafter will be taxable ...

Invest NPS 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. 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 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 on 94 8300 8300 --...

Best SIP Funds to Invest Online   Articles Discusses Income Tax Benefits Available to Senior Citizens in India. A person becomes senior citizen under Income Tax Act in any year after attaining the age of 60 even for one day. Once he attains 60 years, his status as senior citizen in that financial year, gives him some relief. There are not many income tax exemptions available for senior citizens. These are listed below : 1. Higher Exemption Limit for Senior Citizens From F.Y. 2011-12  Qualifying age for Senior Citizens has been reduced from 65 years to 60 years and from A.Y. 2015-16 exemption limit for Senior Citizens has been enhanced from Rs. 2,50,000 to Rs. 3,00,000.  A new category of Very Senior Citizens, 80 years and above, has been created who will be eligible for a higher exemption limit of Rs. 5,00,000. Senior citizen above the age of 80 years are entitled to higher exemption Limit of Rs. 5,00,000 from A.Y. 2012-13. Senior citizens and a very senior citizen are grant...

Best SIP Funds Online   Best Investment for tax saving - ELSS Funds Considering that you are working and earning, it is important for you to assess your tax liability and take advantage of tax deductions available under Section 80C of the Income Tax Act. "By proper tax planning, you can not only reduce your tax liability but also save some more to invest towards your other goals. One of the best tax-saving instruments is Equity-Linked Savings Schemes (ELSS). It is a type of open-ended equity mutual fund wherein an investor can avail a deduction u/s 80C up to Rs 1.50 lakh for a financial year SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact  Save Tax Get Rich on 94 8300 8300 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com

Best SIP Funds Online   Investors may want to use the money to meet other financial goals as well. The rigid rules for withdrawals reduce the attractiveness of the NPS. During the productive years of a person, there are multiple occasions where she might need money. At this stage, inaccessibility to one's own funds curbs a person's financial freedom. Of course, NPS does give an investor the option to exit before 60. But 80% of the accumulated corpus will have to be put in an annuity and only 20% will be available. The investor can also choose to make partial withdrawals of up to 25% of the contributed amount. But there are restrictions here as well. Partial withdrawals can be made only thrice and only for specified reasons. There should also be a gap of at least five years between two partial withdrawals. This is very restrictive. A person will not be able to withdraw money for her daughter's marriage if she had made a withdrawal less than five...

Best SIP Funds Online   Investment scenarios need customised responses Practice a structured risk-reward balance in your investment thinking. Weigh the choices between overvalued mid-caps and undervalued cyclicals in recovery mode Investment scenarios are always unique and we can't respond the same way to every scenario. Each scenario is a function of the broader equity market and calls for a customised response. An investor must align her response keeping in mind the risk-reward balance in each scenario. One's investment strategy must not be fashioned solely on the judgement of either the reward or the risk. Year 2014 was a very different scenario from the present. Then, investors were viewing the markets as a hope trade. Rewards were the sole driver after the historic election verdict. A new government raised expectations of change. We were betting on an aggressive approach to liberalisation. Speedy resolution was expected of issues faced by severa...