Mutual Fund Expert

Best Performing Mutual Funds for the month of February 2010

2010-03-03T11:10:00.000+05:30

Top performing equity diversified Mutual Funds for the month of February 2010 are as follows Birla SL Comm Eqty-GAP Religare AGILE Fund IDFC ss(50 - 50) Equity ICICI Pru Services Indus Edelweiss Nifty Enhancer Top performing Tax saving ELSS equity Mutual Funds for the month of February 2010 are as follows Religare AGILE Tax ICICI Pru RIGHT Fund Axis Tax Saver ICICI Pru Tax Plan Edelweiss ELSS

Income Tax slab for Assesment Year 2010- 2011

2010-02-26T21:39:00.001+05:30

The Income tax for individuals have been revised as follows MALE upto 1,60,000 - Nil above 1,60,000 till 5,00,000 - 10% above 5,00,000 till 8,00,000 - 20% above 8,00,00 and above - 30% WOMEN upto 1,90,000 - Nil above 1,90,000 till 5,00,000 - 10% above 5,00,000 till 8,00,000 - 20% above 8,00,00 and above - 30% Senior Citizen upto 2,40,000 - Nil above 2,40,000 till 5,00,000 - 10%

HDFC Mutual Fund declared dividend in Growth Fund and Capital Builder Fund

2010-02-20T13:33:00.000+05:30

HDFC Mutual Fund has declared the dividend under the dividend option of HDFC Growth Fund - 27.50% HDFC Capital Builder Fund. - 22.50% The record date is 25 th of February 2010.

BEAWARE; income-tax refund fraudulent email from clone of Income-Tax department is doing the rounds

2010-02-11T11:36:00.000+05:30

Following is the detail of a fraud email doing the rounds it claims to give Income -Tax refund, be careful and do not give any information on this website as it is not IT departments website but a fraud website. http://gerolp.com/iti/ ================================ Flag this messageYour Tax Refund is now available in 12 hours !Monday, February 8, 2010 7:02 PM From: "Income Tax Department"

LIC Wealth Plus Plan - Guaranteed returns of Highest NAV from first 7 years payable on maturity

2010-02-09T10:12:00.000+05:30

LIC has launched a Unit Linked plan called Wealth plus plan. The feature of this policy are as follows. Highest NAV payble from first 7 years or NAV on maturity of 8th year whichever is higher on maturity. single premium or 3 years premium payment Min Rs 40,000 for single premium or Rs 20,000 for 3 years Policy matures after 8 years Risk cover 1.25 times of single premium policy / 5 times of

Top performing Mutual Funds for the month of January 2010

2010-02-01T09:48:00.000+05:30

Top performing equity diversified Mutual Funds for the month of Jan 2010 are as follows IDFC Premier Equity ICICI Pru Discovery Fund Religare Mid N Smallcap Fund DSP - BR Micro Cap Fund ICICI Pru Emerging S.T.A.R Fund Top performing Tax saving ELSS equity Mutual Funds for the month of Jan 2010 are as follows SBI Tax advantage Sr-1 Can Robeco Equity Taxsaver Reliance Tax saver ELSS ICICI Pru

Dividend declared by HDFC Long Term Advantage Fund

2010-01-08T19:01:00.000+05:30

HDFC Mutual Fund has declared dividend under HDFC Long Term Equity Fund, Dividend is 12.50%. The record date is January 8, 2010. HDFC Longterm Advantage fund is an ELSS tax saving Fund and on an average in past 1 year its return is 93% and that of sensex is 86%. If you look at the long term return of over 5 years then the return is 20% compounded annually compared with sensex return of 22%.

Top performing Mutual Funds of 2009

2009-12-31T15:50:00.000+05:30

Top performing Equity Mutual Funds for the year 2009 Principal Emerging Bluechip JM Mid Cap Fund ICICI Pru Discovery Fund Taurus Infrastructure Principal LT Equity 3 yr Top performing Balanced Mutual Funds for the year 2009 Kotak Dynamic Asset Allocation HDFC Prudence Fund ICICI Pru CCP - Gift Plan Reliance RSF Balanced Tata Balanced Fund Top performing ELSS Mutual Funds for the year 2009

UTI Mutual Fund declares dividend in Tax saving scheme

2009-12-25T18:53:00.000+05:30

UTI Mutual Fund declares a dividend in two of its schemes. 1) UTI Tax saving ELSS Fund - 15% dividend 2) UTI Transportation and Logistics Fund - 15% dividend. the record date for above dividend is 29th December 2009

Top performing Mutual Funds for the month of November 2009

2009-12-01T18:04:00.000+05:30

Top performing diversified Equity Mutual Fund for the month of November 2009 SBI Magnum Comma Fund JM HI FI Fund Birla SL comm Equity Sundaram Media and Ent. Religare AGILE Fund Top ELSS MF for the monthe of November 2009 Bharti AXA Tax Advantage JM Tax gain Fund DBS Chola Tax saver Fund Religare AGILE Tax HSBC Tax Saver Equity Fund

Investing in Diamond Jewellery; look for a certification from a reputed institution !

2009-10-29T10:44:00.001+05:30

Most of the people love daimond jewellery especially women love them and We all know the importance of solitaire daimond ring for engagement. Daimond jewellery be it daimond set,or a daimond ring they all have very high romantic value. What did you say Value ? but do you know how to find out actual Value of that piece. Its always advisable to buy a certified piece of Daimond Jewellery because

Dividend declared in Reliance Growth Fund and UTI Mastershare

2009-10-27T12:34:00.001+05:30

Reliance Growth fund which can be counted amongst few of the the most succesful fund of all time over 10 year period and the flagship product from Reliance fund family declares dividend of 50%. Record date : 30th Oct 2009. UTI Mastershare one which can be counted as "lambi race ka ghoda" has declared dividend once again for 23rd time in its 23 years history. The record date is 30th Oct 2009.

Happy Diwali !

2009-10-17T15:29:00.001+05:30

Wishing you all a very happy and prosperous New Year ! May this samvat bring us more Wealth and better health !

Best Mutual Funds in Samvat 2065 from Diwali of 2008 to Diwali of 2009

2009-10-14T18:27:00.002+05:30

Here is the list of Best performing mutual funds from last Diwali to this Diwali in various categories. ELSS category Can Robeco Equity Tax saver - 77% Taurus Tax Shield - 71% Sahara Tax Gain - 70% Birla SL Tax Relief 96 - 67% DBS chola Tax saver Fund - 65% All the above funds gave returns of over 65%+ much above the indices performance

Advantages of forming a Trust. Why do people form Trust ?

2009-09-16T09:48:00.000+05:30

Setting up a trust as you would be aware via your bollywood movies is mostly for the purpose of protecting assests of a minor to he turns adult. Trust is an entity created to hold assets for the benefit of certain persons or entities with a trustee managing the trust. Terms and there meaning The person who reposes or declares the confidence is called the "author of the trust". The person who

How to calculate returns from an SIP ?

2009-09-14T17:01:00.000+05:30

Most of the readers of this site would be making an investment via SIP or Systematic Investment Plan over the years. Well for most people when you have done an one time investment its easy to calculate the returns. but people find it too complicated to calculate returns from an SIP. so here is nice calculator which will calculate value of your SIP investment and you can compare the performance

Beware fake clone of ICICI bank website; please DO NOT login on to this page its a FAKE

2009-09-04T06:33:00.007+05:30

p, pre {margin: 0;} input.blogger-ie-hack {position: absolute; left: -9999px;} Recently I received an email from ICICI bank, I do not hold any account with ICICI so I was surprised. the email is as follows ============FAKE email from FAKE icici clone ============ Important Online Banking Security Alert: Verifiy Your Online Banking Security.Thursday, September 3, 2009 7:23 PM From: "ICICI

Consistent Top performing Mutual Funds over 5 years

2009-09-02T14:43:00.000+05:30

ELSS 1) SBI Magnum Taxgain 2) HDFC Taxsaver Equity Diversified Mutual Funds 1) SBI Contra Fund 2) HDFC Top 200 3) UTI Dividend Yeild Fund 4) Reliance Growth Fund Balanced Fund 1) HDFC Prudence Fund 2) Reliance Regular Savings Fund Balanced Option This Mutual Funds have seen both the bear market as well as bull market and consistently performed better then there category average. They are my

NHPC IPO Allotment basis

2009-08-27T11:20:00.002+05:30

NHPC IPO which was oversubscribed during the period 7/8/2009 to 12/8/2009 and priced at Rs. 36 per share the allotments are out.Those applying for full quota of 2625 shares have been firm allotment of 713 shares per application.Those having a minimum allotment have been allotted 175 shares in the ratio of 14:51

Dividend by Reliance Mutual fund in ELSS as well as two other schemes

2009-08-24T11:05:00.006+05:30

Following are the dividend declared by Reliance Mutual Fund in respective schemes.1. Reliance Banking Fund 20 per cent2. Reliance Pharma Fund 15 per cent3. Reliance Tax Saver (ELSS) Fund 15 per centRecord Date : 28/08/2009

Retail Subscription of NHPC is 3.8730 times Which means you will roughly be allotted 25% of shares applied for

2009-08-13T10:25:00.003+05:30

As per the data on NSE website,NHPC LIMITED was subscribed more then 23 times of the issue, but for retail investor important piece of data is not the overall subscription but the Subscription number of Retail category which has been subscribed 3.87 times as shown below, data taken from NSEIndia.com3 Retail Individual Investors (RIIs) 490631900 1900194450 3.8730This means that if you will be

After the ban on Entry Load , exit load kicks in MF industry

2009-08-03T09:48:00.003+05:30

After the SEBI bringing the ban on Entry loads in Mutual Funds which was earlier 2.25% on most Equity oriented Mutual Funds being implemented from 1st August 2009. Most Mutual Fund houses are now bringing in Exit Load to compensate some what for the loss of it.Recently many Fund houses has announced change in there charge structure. most of them are increasing the tenure of exit load from 1 year

Top 5 Mutual Funds for month of July 2009

2009-08-02T17:03:00.002+05:30

Top performing ELSS Mutual fund for the month of July 20091) DBS Chola Tax Advantage Sr-12) Bharati AXA Tax Advantage3) ICICI Pru Tax Plan4) Sundaram Tax Saver5) Quantum Tax SavingTop Performing Diversified Equity Mutual Fund July 20091) Tata Select Equity Fund2) ICICI Pru Discovery Fund3) UTI Master value Fund4) Birla SL Oppurtunities Fund5) Tata Equity P/E Fund

Health Protection Plus plan from LIC simplified with example

2009-07-10T11:41:00.006+05:30

Lic has come out with another Health cover with Unit linked plan called with Health Protection Plus Plan. The earlier one is called Health Plus plan. (Whenever any policy of LIC uses the word 'Plus' at the end it means its an ULIP product and its NAV based)When you first take a look at the policy its a huge document seemingly very complicated with so many new terminology. Lets us simplify it one

UTI Mahila Unit Scheme ;Hybrid conservative balanced fund for women

2009-07-07T09:36:00.002+05:30

Following are the marketing claims from UTI Mutual Fund and they come out to be trueUTI Mahila Unit Scheme is the only Scheme which is exclusively designed for Indian women above 18 Years of age in the whole Indian Mutual Fund Industry. UTI Mahila Unit Scheme is the top performing fund in the Hybrid Debt category in the entire Mutual Fund Industry. UTI Mahila Unit Scheme has been continuously