Learn How to Start a Savings Program Today many people are facing economic hardships, not because they are living beyond their means, but rather because they never learned how to save for a rainy day. A good rule of thumb for businesses is to have enough of a financial cushion to sustain a company for […]
Housing and Urban Development Corporation Limited, HUDCO Tax Free Bonds
January 27, 2012 By Leave a Comment
Housing and Urban Development Corporation Limited, HUDCO Tax Free Bonds Issue period: 27 January 2012 to 6 February 2012 Issue of Tax Free Secured Redeemable Non Convertible Bonds Basis of allotment : On first-come-first-serve basis within each category The income by way of interest on these Bonds is fully exempt from Income Tax and shall […]
LIC’s New Jeevan Ankur Scheme Details & Review
January 27, 2012 By 14 Comments
LIC’s New Jeevan Ankur Scheme is a new children plan from LIC. In the past few years, we have a seen series of children life insurance plans in India. But if something is coming from the biggest life insurer in India then it has to be big. LIC New Jeevan Ankur is a conventional children […]
Fixed Term Mutual Fund NFOs
January 27, 2012 By 2 Comments
SBI Debt Fund Series – 367 Days – 14 Floats is a close ended scheme with 367 days. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new fund opens on Jan 27, 2012 and closes on Jan 30, 2012. There is no Entry and exit load. There are […]
Which is better; real estate or equity investment?
January 26, 2012 By 7 Comments
Probably the reason behind it is that there is an inherent belief that investment in shares or equity carries risk whereas investment in real estate or housing is secure. But this belief is wrong. In the last 2 to 3 years, real estate market in India has gone down and people, who have invested in […]
ICICI Prudential Fixed Maturity Plan Series 61-1 Year Plan E
January 24, 2012 By Leave a Comment
ICICI Prudential Fixed Maturity Plan Series 61-1 Year Plan E ICICI Prudential Fixed Maturity Plan Series 61- 1 Year Plan E is a close-ended debt fund. ICICI Prudential Fixed Maturity Plan Series 61- 1 Year Plan E seeks to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments which mature […]
What is a share or stock
January 22, 2012 By Leave a Comment
What is a share or stock, have you ever thought about this before investing in stock market? It may not sound interesting or important but going through basic and understanding what you are doing will always helps you. Investment in equity is a very common thing and easy thing to do as far the process […]
Indian Railway Finance Corporation (IRFC) Tax Free Secured Redeemable NCDs details
January 22, 2012 By 2 Comments
Indian Railway Finance Corporation (IRFC) Tax Free Secured Redeemable NCDs details Business Overview: The primary objective of the Company is to act as a financing arm for the Indian Railways. The development of the Company’s business is dependent on the MoR’s strategy concerning the growth of the Indian Railways. The Company’s principal business therefore is […]
ICICI Prudential Multiple Yield Fund – Series 2 – Plan D NFO
January 21, 2012 By Leave a Comment
ICICI Prudential mutual funds have announced the launch of ICICI Prudential Multiple Yield Fund – Series 2 – Plan D (a close-ended Income fund) which seeks to generate returns by investing in a portfolio of fixed income securities/ debt instruments. The secondary objective of the Scheme is to generate long term capital appreciation by investing […]
SBI TAX Advantage Fund – Series II (G) NFO
January 17, 2012 By 1 Comment
SBI TAX Advantage Fund – Series II (G) NFO NFO Opens on : 22-Dec-2011 NFO Closes on : 21-Mar-2012 Scheme Objective: The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies across large, mid and small market […]
Birla Sun Life Fixed Term Plan – Series EN (60 months) NFO
January 17, 2012 By Leave a Comment
Birla Sun Life Fixed Term Plan – Series EN (60 months) (A Close ended Income Scheme) Birla Sun Life Fixed Term Plan – Series EN NFO Opens January 13, 2012 NFO Closes January 27, 2012 Scheme Duration (Months) 60 Months from and including date of allotment Minimum Investment Amount 5000/- and in multiples 10/- thereafter NFO […]
How to start investing in stocks
January 16, 2012 By 1 Comment
How to start investing in stocks is the first thing which will come to your mind when you think of making money in stock market. How to get started investing sounds like a complicated term for the beginners in stock market but with development of technology and flurry of brokers in the market, it has […]
Birla Sun Life Fixed Term Plan – Series EC (546 days) NFO
January 13, 2012 By 1 Comment
Birla Sun Life Fixed Term Plan – Series EC (546 days) is a closed ended scheme for long term investors who have a long term financial vision and are looking for security over their invested amount, here are the details Birla Sun Life Fixed Term Plan – Series EC NFO Opens January 09, 2012 […]