November 13, 2011
Mahindra & Mahindra is one of the strongest company in auto sector in Indian automobile industry. They have recently launched XUV500 which is further going to strengthen their presence in the auto sector. They are also focusing upon their global position and gradually expanding their business outside India,also.
November 13, 2011
October 27, 2011
For example, if a fund has assets of INR 50 million and liabilities of INR 10 million, we will have a value of INR 40 million. By dividing this value of a fund by the number of outstanding units, you are left with the price per unit (NAV). In our example, if the fund had 4 million shares outstanding, the price-per-share value would be INR 40 million divided by 4 million, which equals INR 10.
October 26, 2011
As financial year ending is coming close, people are going to run after tax saving instruments? Life Insurance is one of the most widely used such tax saving instrument. Many of us wonder “What is Life Insurance?” The reason I am saying this is because many of us end up buying life insurance policy which we don’t understand. So just to give a broad idea about life insurance and how it works, we will ask ourselves.
October 24, 2011
Indian rupee has seen some of its toughest time in recent past. Rupee has lost 13 per cent this year itself and most of it has been in last few weeks or months. Till some time back RBI was saying that currency quotes are controlled by currency trading in India. But now fear is growing among corporate India. The way rupee is weakening, it doesn’t look like that it is going to stop in near term.
October 22, 2011
Gold prices have been zooming across the globe and India being the biggest consumer of gold in world is bound to see lot of happening in GOld. With the stock markets tumbling all over, Gold funds have been the favorite pick among investors. 2011 has seen lots of gold funds launched in the country and abundance of investors is pushing even more of mutual fund house to bring Gold fund.
October 21, 2011
As December is coming close, salaried people are gearing up for tax saving and looking for tax saving schemes. In some time, we all will be filing our tax declaration form in our companies and self employed will start preparing for income tax filing. Tax saving is a important ritual of this part of year. Tax saving schemes are those schemes which are allowed by the government of India and we can avail tax benefit by investing in them. There are lot of Tax saving schemes available in the market today.
October 20, 2011
| Trailing Returns | ||
| As on 19 Oct 2011 | Fund | Category |
| Year to Date | -10.67 | -15.30 |
| 1-Month | 1.31 | 1.49 |
| 3-Month | -5.46 | -8.24 |
| 1-Year | -9.02 | -14.15 |
| 3-Year | 24.73 | 18.30 |
| 5-Year | 11.09 | 6.71 |
October 19, 2011
Bank of America was supported by other financial stocks like Goldman Sachs. US stock market also got support from the news that leaders in France and Germany have agreed to increase the rescue fund to 2 trillion euros. This lead to the hope that situation in Europe would improve.
October 16, 2011
Bajaj auto is consistently working on expanding their market share and last few years have extremely well for them. It is reflected in their sale figures and balance sheet. As a result, it is also reflected in their share prices which are trading at the upper region which can alert some traders. So long term investors should invest all in one shot.
October 15, 2011
Rs 20000 invested in infrastructure will attract tax deduction but the interest earned on it is taxable. There is one additional factor which should be accounted before investing in Infrastructure bonds in India and that is they do not offer any protection against rising inflation as their rates are prefixed. These investments in infrastructure bonds are considered safe but they do not guarantee that you will be your invested principal back.
October 12, 2011
Systematic Investment plans are available with this product. Long term capital gain tax after 1 year will be applicable on this. This fund is carrying a load of 2 per cent and it is applicable if you exit before 1 year. Reliance Gold fund have delivered a return of 25.7 per cent for six month period.
October 12, 2011
In usual scenario, large cap equity funds are better performer than small and mid cap equity funds. Especially small and mid cap funds are quite volatile in volatile markets like the current markets and they have most of the time under performed large cap funds. But contrary to this, as per recent reports, large cap funds have performed poorly than small and mid cap funds.