January 17, 2012
SBI TAX Advantage Fund – Series II (G) NFO
SBI TAX Advantage Fund – Series II (G) NFO
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November 15, 2011
Capital gain tax
Capital gain tax, as the name suggest is the tax on capital gain. It basically refers to profit earned by selling non-inventory asset like shares, mutual funds units etc. In India, capital gain tax basically comes into the picture for those who deal in shares, mutual funds, bonds, real estate etc. There are different capital gain tax on short term and long term assets. In India, The tax rate on long-term capital gains is 20.6% of the profit after indexation of cost and if a stock is sold within one year from the date of purchase, then capital gain tax is applied on that on a different rate.
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October 21, 2011
Tax Saving Schemes in India
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.
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October 20, 2011
Franklin India Bluechip fund (G)
Franklin India Bluechip fund (G) is a very good fund to buy in the current market scenario. Stock markets are unstable, bluechip funds have not performed very well in the recent past and that’s make them a lucrative option to invest in because their NAVs are at lower levels. Franklin India Bluechip Fund (G) is an open ended equity large cap fund.
Franklin India Bluechip Fund (G) was launched in November 1993. It is among top mutual fund in India in its category. Mutual funds in India have come long way and there are lot fund houses and schemes available in the market. Mutual fund research is the key to find a good fund to invest.
Franklin India Bluechip fund (G) is a very good fund for those investors who are looking for a good investment option for long term. It is definitely a fund which can be used to beat the current market. Franklin Templeton mutual fund house has given some of the best performing funds in India and Franklin India Bluechip Fund (G) has also consistently outperformed its peers in its category and generated extremely good returns for the investors.
| 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 |
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