Reliance SIP Insure - Mutual Fund with Life Insurance

Saturday, May 24th, 2008

Reliance SIP Insure facility is an add on feature of life insurance cover under Group Term Insurance to individual investors opting for SIP in the designated schemes. Reliance SIP Insure provides free life insurance cover to investors at no extra cost. In the unfortunate event of the demise of an investor during the tenure of […]

NFO : ICICI Prudential Focused Equity Fund

Tuesday, April 15th, 2008

ICICI Prudential Focused Equity Fund
AN OPEN ENDED EQUITY SCHEME
from
ICICI PRUDENTIAL MUTUAL FUND
New Fund Offer of Units of Rs.10 per unit plus applicable load during the New
Fund Offer period & at NAV based prices subject to load upon reopening.
The latest offering from the ICICI Prudential is an open-ended diversified equity fund - the “ICICI Prudential Focused […]

Top Mutual Funds for Investment in 2008

Thursday, March 27th, 2008

10 Recommended Equity Diversified and SIP (Systematic Investment Plan) Mutual Funds –

Reliance Regular Savings Equity (G)
ICICI Pru Infrastructure (G)
Kotak Opportunities Fund (G)
DSP-ML India T.I.G.E.R -RP (G)
Standard Chartered Premier Equity
Tata Infrastructure Fund (G)
Birla Frontline Equity (G)
Sundaram BNP Paribas Select Focus (G)
HDFC Growth Fund (G)
Principal Global Oppor (G)

10 Recommended ELSS (Tax Saving) Mutual Funds –

ELSS Tax Saving Mutual Funds Give You Tax Benefits

Tuesday, March 25th, 2008

Under section 80C, Indians can invest upto Rs 1 lakh in ELSS (Equity Linked Saving Scheme, also commonly known as Tax Saver schemes) funds per year/per individual. The amount invested in a ELSS/Tax Saver scheme is Tax deductible on your tax return.
Example :-
Say you are a male and earned Rs 2 lakh. You invest Rs […]

What Is Mutual Fund SIP (Systematic Investment Plan)?

Sunday, March 9th, 2008

Unfortunately, many new investors seem to be under this misconception that SIP (Systematic Investment Plan) was a type of mutual fund. But a SIP (Systematic Investment Plan) is not a type of mutual fund, it is a Method of Investing In a Mutual Fund.
How You Can Invest in a Mutual Fund?

KYC (KNOW YOUR CLIENT) Compliance for Mutual Funds

Thursday, March 6th, 2008

In order to comply with regulatory provisions under the Prevention of Money Laundering Act 2002, Rules issued thereunder and related guidelines/circulars issued by SEBI, KYC formalities are required to be completed for all Unit Holders, including Guardians and Power of Attorney holders, for any investment (whether new or additional purchase) of Rs. 50,000 or more […]

Mutual Fund Investment Advisor Kolkata

Wednesday, March 5th, 2008

Investment is always a trade off between reward and risk. The higher the risk, the higher is the potential for return, and vice versa. With their rich experience in judging market trends PolicyDeal.in offers you personalized guidance to optimize the risk-return factor.
An emerging alternative for investment is the Mutual Fund. These Investments are safe , […]

Mutual Fund Returns - Growth, Dividends

Monday, March 3rd, 2008

There are a number of ways in which a Mutual Fund(MF) distributes gains to unit-holders. Dividend, Growth and Dividend Reinvestment. At the time of investing, you would have to choose any one of these 3 options. So what’s the difference between the 3 and how do you choose?
Dividend:
In a dividend option, when the net asset […]

Invested in Mutual Funds? An Important Tip

Wednesday, February 27th, 2008

Investors in mutual funds can nominate a successor on whom the investment will devolve on the death of the original investor. If the original investment was made jointly by more than one investor, then the proceeds go to the nominee on the demise of all the holders. The procedures to be followed for the process […]

Choose the Right Mutual Fund. Here is How

Saturday, February 2nd, 2008

Yesterday, in Investing in mutual funds? 4 must-dos, we discussed how equity funds can help you achieve your long term objectives and make your money grow.
Do remember, however, that equity is a great investment option only if you have time on your side and are willing to take a certain amount of risk.