Prajna Capital - An Investment Guide

Best SIP Funds to Invest Online   Planning for your taxes can be a daunting and cumbersome task. And some of you are scurrying to complete your last minute tax planning done. We  help you to finalise your tax-saving investments in five steps. Step 1 Buy an adequate life insurance cover if you have financial dependents. The insurance premium qualifies for a tax deduction of up to   R 1.5 lakh under Section 80C of the Income Tax Act. Always buy a term insurance plan. Step 2 Buy a health insurance cover for you and family. The premium qualifies for a tax deduction of up to   R 25,000 ( R 30,000 if you are above 60) under Section 80D of the Income Tax Act. Step 3 Find out how much is your Employee's Provident Fund (EPF) or National Pension Scheme (NPS) contribution. Your EPF and NPS contributions qualify for a tax deduction under Section 80C and Section 80CCD(1 ) respectively. Step 4 Find out how much more tax can you save under Section 80C. As you know, the maximum deduction ava...

Start Saving for Tax 2018 by Investing in ELSS Funds Online NPS funds have generated better returns than the debt-oriented EPF and PPF.  But Equity Mutual Funds are better 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 invest in India for 2018 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 2018 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 OR You can write to us at Invest [at] SaveTaxGetRich [dot] Com OR Call ...

Best SIP Funds to Invest Online   How has the HDFC Long Term Advantage Fund  performed?  With a 10-year return of 10.42%, the fund has outperformed both the benchmark (5.08%) and the category average (8.11%) by a good margin.   The HDFC Long Term Advantage Fund has outperformed the category and the index over the past decade.   HDFC Long Term Advantage Fund  is a tax-saving fund has a patchy track record. While it delivered strong outperformance in 2016, its performance dipped last year. This is partly due to its higher tilt towards large-caps relative to many of its peers. The fund retains a compact portfolio of 40-odd stocks, with large positions in its top bets. The fund's top picks are all benchmark heavyweights, but otherwise its portfolio bets have little resemblance to the index.   Even though financials form a chunk of its portfolio, it remains significantly underweight compared to the sector's weight in the index. The portfolio turnover ratio, or churn, is among the ...

With just a few days left for the financial year to close and to make investments, it makes sense to be invested with a tax saving scheme. Among the tax saving schemes , DSP BlackRock Tax Saver has performed well in almost all cycles of markets. A five-star rated tax saving scheme , it primarily chooses to have high allocation to large-sized companies. In times when there is lack of clarity on visibility of earnings, high allocation to large-sized companies is a profitable shift. For conservative investors, this strategy is favourable since large-sized companies have established business models, dominant market share, reasonably good cash flow from operations and attractive return ratios. In the past three-year and five-year period, the scheme has given 24.2% and 20.6% returns, respectively, while its benchmark Nifty 500 has given 15.7% and 13.4%, respectively, in the same period. In the past six months, the scheme's fund manager Rohit Singhania has invested in carefully picked f...

Best SIP Funds to Invest Online   Effective 1 April, your equity mutual funds and direct equity investments will attract 10% long-term capital gains (LTCG ) tax on gains exceeding Rs1 lakh a year. Although many financial experts say that the impact on retail investors won't be much (it could be a dent for high networth individuals though), how does one calculate the LTCG? Help is at hand. Computer Age Management Services (Cams; one of the largest registrar and transfer agents of the Rs22 trillion Indian mutual fund industry) is giving two statements.   When Budget 2018 introduced LTCG tax, it said gains till 31 January 2018 will be grandfathered (there would not be any LTCG tax on them). But gains made after that day would attract the LTCG tax. There were two problems with this. One: You have to ascertain the net asset value (NAV) of 31 January 2018 to calculate the grandfathered gains and to also see whether you have any further gains left from the mut...

Best SIP Funds to Invest Online   You don't really have to wait to buy that SUV: just take a car loan. Oh, your colleague went to Paris last month and the pictures are breath-taking? Just take a personal loan and book your tickets. With so many avenues to take a loan, money is not a problem, but ask yourself: do you want to spend it all now, and pay for it for many years later, or do you want to save for it now and spend it later? We do want you to be able to buy all the comfort and happiness that your hard earned money can buy, but we don't want you to live in just the present. You should be able to enjoy your money not just today, but also tomorrow and even after you no longer earn. So you need to save before you spend. But should you save by cutting back important spends and being miserly or should you just save a fixed amount every month and spend the rest? Here are three steps that will give you answers to these questions. Segregate your expenses How much is available to s...

Growth of 23 times since inception Invest SBI Magnum Equity Hybrid Fund Online 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 invest in India for 2018 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 2018 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...