Prajna Capital - An Investment Guide

RFC account   Resident foreign currency account can be used by resident Indians and NRIs who have permanently settled in India after staying overseas for at least one year to maintain foreign currency deposits. The decision to return requires planning, especially the finances and Resident Foreign Currency (RFC) Account is an ideal vehicle for NRIs' to park their funds in foreign currency in India and avail off its advantages once they actually return to the country. In the following sections we dwell on the attributes which are specific to the account in the context of NRIs' returning to the country. Opening an RFC Account: Who is eligible?The following sets of people are eligible to open an RFC account: ü Any resident Indian can open an RFC account in any freely convertible foreign currency ü NRIs' who have stayed abroad for a continuous period of 1 year or more and have returned to IndiaAuthorized dealers and banks provide assistance i...

Arbitrage Plus Fund IDFC Arbitrage Plus fund is a fund that takes advantage of a temporary price differential in cash and derivative segment of equity market, and is low-risk in nature. It can also participate in strategies that may involve relatively more risk than usual arbitrage positions, but only upto 5% of the portfolio. Typically the fund will have atleast 65% of the portfolio in hedged equities and so are classified as equity-oriented funds with dividend from them declared tax free under current tax laws. The debt portion of the portfolio intends to take active duration call across the yield curve in line with our interest rate view. Currently, we foresee the participation via the Government Securities (Gsec). However the fund manager may choose to invest in Gsec/Corporate Bond/other Debt market securities in line with the rate view. The fund will thus have atleast 65% of the portfolio in equity positions (hedged), and the balance upto 35% will be invested in CBLO and Fixed...

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300    IFCI NCD Public issue 2015     IFCI Ltd is coming out with a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs.1000/- each, upto Rs. 250 crores with an option to retain over subscription up to shelf limit of Rs.790.813 crores The issue is opening for subscription on 1 st January'2015 and closes on 4 th February' 2015. For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call Leave a missed Call on 94 8300 8300 Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest Mutual Funds Online Invest Any Mutual Fund Online Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ------------------...

List of All Tax Saving Mutual Funds in India   Axis Tax Saver Fund Bharti AXA Tax Advantage Fund Birla Sun Life Tax Plan Birla Sun Life Tax Relief '96 BNP Paribas Tax Advantage Plan Canara Robeco Equity Tax Saver DWS Tax Saving Fund DSP BlackRock Tax Saver Fund Edelweiss ELSS Fund Fidelity Tax Advantage Fund Franklin India TaxShield HDFC Long Term Advantage Fund HDFC TaxSaver HSBC Tax Saver Equity Fund ICICI Prudential Tax Plan IDFC Tax Advantage (ELSS) Fund ING Tax Savings Fund JM Tax Gain Fund JPMorgan India Tax Advantage Fund L&T Tax Saver Fund LIC NOMURA MF Tax Plan Principal Personal Tax Saver Fund Principal Tax Savings Fund Reliance Tax Saver (ELSS) Fund Religare Tax Plan Sahara Tax Gain Fund Magnum Tax Gain Scheme 1993 Sundaram Tax Saver Tata Tax Saving Fund Taurus Tax Shield Union KBC Taxsaver UTI Equity Tax Savings Plan ------------------------------------------------ For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call Leave a mi...

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Canara Robeco Dynamic Bond dividend   Canara Robeco Mutual Fund has announced dividend under the following schemes: Scheme Dividend (R/unit) Canara Robeco Dynamic Bond Reg-D 0.39 Canara Robeco Dynamic Bond Direct-D 0.39   The record date has been fixed as December 31, 2014 For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call Leave a missed Call on 94 8300 8300 Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest Mutual Funds Online Invest Any Mutual Fund Online Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application ...