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Sunday 30 June 2013

How to choose a liquid fund ?

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

Given the investment guidelines with liquid funds, there is a large homogeneity in the way liquid funds are. However, when looking for a liquid fund to invest, there are few factors such as size of the fund, credit quality and track record that matter. A big fund exudes confidence and is comforting to invest in. There are 176 liquid funds with an average size of Rs 177618 crore as on December 31, 2012.

 

Credit rating: Check the scheme's credit rating before investing and the instruments in which they invest. Higher the credit rating, lower the risk and vice-versa.
Portfolio: Check the scheme's portfolio for the kind of investments it makes such as commercial papers (CPs) and certificate of deposits (CDs).


Bond/Debenture: Basically a loan with the promise to repay your principal on maturity and pay an interest. Technically, bonds are issued by corporates and secured against specific assets; debentures are unsecured. In India, the terms are used interchangeably; bonds are generally referred to debt instruments issued by financial institutions and the government, while debentures refer to corporate debt.


Certificate of Deposit (CD): Issued by banks to meet their lending needs. The tenure ranges from 1 month to 5 years.

 

Commercial Paper (CP): Issued by a corporation for meeting short-term liabilities. It is a lower cost alternative to borrowing from a bank. CPs can be issued for maturities between 15 days to 1 year.


Collateralised Debt Obligation (CDO): Sophisticated tools that repackage individual loans into a product that can be sold on the secondary market. These packages consist auto loans, credit card debt, or corporate debt. They are called collateralised because they have some type of collateral behind them. CDOs allow banks and corporations to sell off debt, which frees up more capital to invest or loan. A CDO enables the creation of multiple layers of PTCs with varying ratings, coupons and maturities. PTCs & CDOs are also referred to as Structured Obligations.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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 in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax PlanInvest Online
  2. HDFC TaxSaverInvest Online
  3. DSP BlackRock Tax Saver FundInvest Online
  4. Reliance Tax Saver (ELSS) FundInvest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) FundInvest Online
  7. SBI Magnum Tax Gain Scheme 1993Invest Online
  8. Sundaram Tax SaverInvest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFundsInvest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

What is CAGR? - Compounded Annual Growth Rate

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 


CAGR is compounded annual growth rate; It is one of the most common ways of calculating the rate of growth over a long period of time. CAGR is used widely in the mutual fund industry to calculate the yearly rate of growth of a scheme but not using the simple rate, but the compounded rate. Seen in another way, CAGR takes into account the time period of investment and the rate spread over that time period.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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 in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

Taurus Mutual Fund dividend

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Taurus Mutual Fund has announced up to 100 per cent of distributable surplus as dividend under the dividend option of existing plan and direct plan of Taurus dynamic income fund.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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 in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

Home Loan Insurance – Is it the Best option?

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Indians have unshakable belief in real estate as an asset class. However, with burgeoning prices in almost all parts of the country, buying real estate has become a costly affair these days.

 

Many people seeking to buy their first dream home are being forced either to postpone their decision or to buy with financed capital.

 

Although promising job prospects and salary hikes have empowered dual income families to opt for high value loans; most of such homebuyers are saddled with hefty EMIs.

 

Home loan EMI has significant bearing on one's financial plan. In case of any untoward event claiming life of the principal earner in the family; financial plan of the family may go completely out of whack.

 

On the other hand, it's also a risk to the financing company as their cash flows will be negatively impacted if the home loan borrower or his family is unable to repay the loan. Auctioning house would be an extreme option. To avoid this intimidating situation; home financers insist borrowers on buying home loan insurance cover.

 

What is home loan insurance Cover?

 

In simple words, it is an Insurance plan that covers only your outstanding loan liability (as per the original schedule in most cases). In case of death of the borrower; the proceeds of home loan insurance cover help the family repay outstanding loan.

 

Nowadays home loan insurance plans are available with some variations and provide borrowers with added unique features. Some Insurance plans provide critical illness cover at nominal added premium while others also cover home and its contents. Usually these are single premium plans.

 

Be aware of some commonly observed mal-practices

 

Banks and non-banking financial companies tie up with select insurance providers and bundle home loan products with home loan insurance plans. Banks might try to promote home loan insurance only of companies who they have tied up with.

 

Furthermore, they may not offer you an option to pay separately for your home loan insurance and include the sum paid towards premium in loan amount;

 

There is a possibility that banks may try to push products which are unsuitable to cover such risks. For instance, banks may push endowment plans which may not provide you adequate cover and would prove to be cost ineffective.

 

However, no law compels you to buy from the insurance company that has tie-up with your financer.

 

How should you cover your liability?

 

 

·         At first sight you might be convinced with buying single premium home loan insurance to cover your outstanding liability. However, there are certain disadvantages of doing so. For Instance,

·         Should you retire your entire loan at one go through the windfall gains you may have earned; you would end up paying excess premium to get covered for relatively short duration.

·         In case you want to transfer your home loan from your existing financer to a new financer; transferring your existing home loan insurance policy, though possible, may be irksome.

·         In most cases, amount of insurance cover comes down with the amount of outstanding liability. Since the insurance cover works as per the original payment schedule; the policy may leave you underinsured in case you opt for loan restructuring.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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 in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

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Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications