Prajna Capital - An Investment Guide

Best SIP Funds to Invest Online   Long term capital gains (LTCG) tax has made a re-entry in Budget 2018-19. The Finance Minister has proposed to levy a 10 per cent tax on the capital gains earned above Rs 1 lakh. The cost price reset date is set to 31st January, 2018, and the exemption period is till 31st March 2018. Long-term period defined for equity investments is above one year. During the one year period it is regarded as short term capital gains and the tax rate is 15 per cent. This move by the government may not be very encouraging for investors but it does not spell doom yet. We try to give a clear idea here, on the implications of the newly introduced clause of LTCG tax on your earnings. In other words, we equip you with relevant information so that you can zero in on the perfect investment strategy that best suits you. Important points: The LTCG tax is 10 per cent with no indexation benefit for equity investments. LTCG exempt is up to Rs 1,00,000: This is a universal annual ...

Best SIP Funds Online   there is a rush among salaried employees to invest as they have to submit proofs to their employers. In order to get tax benefits on investments and insurance, a tax payer can invest up to Rs 1.5 lakh in Public Provident Fund , Employees' Provident Fund, National Savings Certificate, life insurance premium, five-year deposits in banks or post office and equity-linked savings schemes. Under section 80D of the Income Tax Act, 1961, one can take health insurance for up to Rs 25,000 for self, spouse and dependent children. One can get tax reduction of Rs 5,000 on preventive health checkups annually. Also, additionally health insurance premium paid for parents is tax deductible up to Rs 25,000. And if the taxpayer's parents are senior citizens (60 years and above) then the maximum allowable deduction is Rs 30,000. Under Section 80CCD, a taxpayer can also invest up to Rs 50,000 a year in National Pension System to get tax deduction...

Best SIP Funds Online   IDFC Sterling fund is a small & mid cap strategy with at least 70% invested in these stocks. The fund went through a challenging time after the exit of Kenneth Andrade, but with Anoop Bhaskar taking over the reins in May 2016, reinforces our faith in the fund. Anoop is amongst the most astute investors, especially in the small & mid cap space. While investing, he looks for companies which have decent amount of promoter holdings, good cash generation, low leverage, and profitability over a cycle. He avoids businesses that show profitability in spurts. Given the fund's small/midcap bias, it gives Bhaskar an opportunity to play to his strength. Subsequently he tries to ferret out companies that are cheaper than their peers and historical valuations. Currently, he has aligned the portfolio to benefit from the recovery in India's economic cycle. Under Anoop, the fund has performed well and expect the fund to continue to de...

Best SIP Funds Online   Managing finances with fluctuating incomes If your monthly income is erratic, you need to have the discipline to manage those fluctuations. Here are some steps that can help you to streamline your finances You may choose the satisfaction of working on your own terms over the comfort of a regular salaried job. However, this choice typically comes with the uncertainty of not receiving a predictable income each month. Most prudent financial actions such as budgeting, savings and investments work on the assumption of a predefined regular income, out of which you will meet expenses, save and also invest for future goals. If your income does not fall in the pattern of regular, defined receipts then you may have to make a few changes in how you go about to reach the desired outcome of a secure financial future. Track and fix to budget It is not enough to track just your expenses to be able to draw up a workable budget. When your income is un...

Balanced Advantage Funds Volatility can't be avoided, but choosing the right fund can ensure your investment is least affected. Volatility can't be avoided, but choosing the right fund can ensure your investment is least affected. Asset allocation scheme that dynamically allocates between Equity and Debt instruments by means of quality stock selection and active portfolio rebalancing. 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

Best SIP Funds to Invest Online   ICICI Prudential Focused Bluechip Equity Fund investment strategy will be to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalisation. In case, the total assets in this fund crosses Rs.1000 crore then more than top 20 large companies would be added to the portfolio. A relatively recent entry into a vintage category, this fund has beaten both category and benchmark in five of the seven years since launch. This has earned it a four- to five-star rating for much of the last six years. A well-timed start in the downbeat market of May 2008 helped the fund deliver blockbuster performance in its first year itself. No index hugger, the fund cherry-picks high-conviction bets. It has a compact and concentrated portfolio, with 50-55 stocks in recent times. This has been maintained despite the asset size burgeoning to over   Rs   13,497 crore. The fund has a higher-than-category allocation to large caps; it u...

    Invest In MFs Online   Opening a trading and demat account online Thanks to Aadhaar, it is now possible to open a trading and demat account with a broker online. Since all processes are completed online, the account activation takes only a few minutes. Who can use this facility? Only those who have valid Aadhaar card with an active Aadhaar-linked mobile number and email id can use the facility to open trading and demat accounts using e-KYC facility. Soft copies needed of Aadhaar card PAN card Cancelled cheque as bank proof Income proof in case one wants to opt for derivatives segment Signature of the applicant PAN and Aadhaar validation To begin with, the applicant must visit the broker's online portal to open a new trading and demat account. On entering basic details such as name, mobile number, PAN and Aadhaar number, a verification OTP will be sent to the Aadhaar registered mobile number. Account opening Once validation of PAN and Aadhaar is completed, the applicant needs to...

Best SWP Funds Online   For regular returns, investors opt for fixed deposit, company deposit or small saving schemes. These suffer from disadvantages when it comes to taxation, falling interest rates & liquidity in case of some emergency. Unfortunately in India we don't have a very prominent social security scheme, which takes care of you in your retirement days by paying a steady pension. Over your entire work life you ideally have to save money to make sure your standard of living does not drop post retirement when your active income stops. The biggest requirement when you retire is to generate a regular income from the corpus accumulated till retirement, enough to meet your monthly living expenses considering inflation . For most investors the obvious choice is fixed deposit, company deposit or small saving schemes. This category of investment, however, has its own disadvantages when it comes to taxation, falling interest rates & liquidity in case of some emergency. The...

Best Debt Funds Online   The debt mutual fund space is creating a lot of confusion among investors, especially the new ones. After a series of cuts in bank deposit rates and small savings, many new investors have started investing in debt mutual fund schemes. However, the complexity of the space is challenging most investors. Top mutual fund managers believe that these investors would fare well if they stick to an asset allocation plan in debt. The best strategy to avoid volatility in the debt space at this point is having an asset allocation Many investors are familiar with the concept of asset allocation. However, most of them do not associate it with debt investments. So, is there a formula? There should be three baskets in which you put your debt investments : short/ultra-short term funds, credit opportunities funds and bond funds . But, at this time, when the interest rates are not headed anywhere, it is good to stay away from long-term bond funds ...

Best SIP Funds Online   As parents age, it is important that as their children you help them organize their finances efficiently without attacking their independence It is a matter of time before you may have to add managing your elderly parents' finances to your list of money responsibilities. It is not so much about your finding the time and energy to take on the additional responsibility, as it is about it being acceptable to your parents to accept that they need help and give up control over their finances. Don't wait for a crisis to happen before you get involved to protect them from losing their hard-earned money to a scam or merely poor management. It is better to initiate the conversation as early as you can. The trick is to be able to do it without making them feel incompetent or treading on toes. First steps You cannot swoop in one day and take over your parent's finances. They are likely to see it as an attack on their independence and...