Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich
For further information contact SaveTaxGetRich on 94 8300 8300
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You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
ü Portfolio with a mixed exposure to Large, Mid & Small Cap
ü Benchmark Sensitive (S&P BSE 200) - underweight/overweight sectors basis fund managers view
Fund Management Process:
ü Identifies companies based on a deep understanding of the industry-growth potential and interaction with managements
ü Invests in businesses with the following characteristics:
-Return on Invested Capital (ROIC)
-Cash flow generation
-High Operating Leverage
-Prudence in capital allocation
ü Fund Manager: Mr. Daylynn Pinto (20th October, 2016)
The value of 
Price
If your family is young or the age gap between the spouses is not much, then a floater plan will be cheaper. Say, for a family of four, with age of the spouses being 35 and 33, and that of the kids being 5 and 2, a floater policy for a sum insured of Rs10 lakh will cost Rs21,826. On an individual basis, it would be Rs34,332.
Floater: good
Individual: bad
Higher cover
Being cheaper than the individual health plan, the floater health insurance plan makes a higher value cover more affordable. In the price example that we discussed earlier, a family would pay only Rs21,826 to get a Rs10 lakh cover. Also, this cover is available for all members of the family, who are insured under the floater policy.
Floater: good
Individual: bad
Bad year
However, the flip side is that while in an individual plan each individual has a dedicated sum insured, in a floater plan the insurance cover is shared. So if one family member makes a claim, the cover reduces on the rest by that much. In the event of a bad year, when all members need to use the policy, the floater may not be sufficient.
Floater: bad
Individual: good
Age gap
Individual plans are expensive compared to a floater policy. But the cost advantage of a family floater insurance plan diminishes if the age gap between the spouses, or the eldest member, is huge. It could also become financially unviable if one individual is not in good health and poses the risk of using up the entire sum insured.
Floater: bad
Individual: good.
Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
January 3 marked the seventh anniversary of Bitcoins. Let us look at the current status of this digital currency
1. What is Cryptocurrency?
Cryptocurrency is a digital or vir tual currency that uses cryptography for security . It is not is sued by any central au thority , theoretically making it immune to government interfer ence or manipulation.
The first cryptocurren cy that was launched was the Bitcoin.
2. What are its unique features?
A cryptocurren cy is difficult to counterfeit. It can be bought, sold online and remitted abroad without paying any fees to a bank or other over-charging fi nancial intermediaries.
However, its anonymous nature of transactions makes it well-suited for nefarious activities like money laundering and tax evasion.
3. What is Bitcoin?
Bitcoin is a virtu al currenty , which operates as public and private keys-long strings of numbers and letters linked through an en cryption algorithm. The Bitcoin balances are kept on a public ledger, along with all Bitcoin transactions, that is verified by a massive amount of com puting power.
4. Are Bitcoins legally accepted in India?
Bitcoin deals are not illegal in India but are currently unregu lated. The RBI wants to understand and learn about the developments of this virtual currency before regulating it. It has emphasised the need for preparedness on the part of regulators and policy-makers to respond to these innovations and has spoken of understanding the potential of these technologies for remodelling the business and service delivery models to reduce costs, increase efficiency and promote financial inclusion.
5. What is the status of Bitcoins in other countries?
Few governments have an nounced any explicit intention to prevent bitcoin use completely. In the US, the regulations for Bitcoins differ in each state. The only countries that seem to have some kind of ban in place are Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam while others like Russia and Thailand outlawed digital currencies and then backtracked.
6. Apart from Bitcoins, are there any other cryptocurrencies?
The Bitcoin's success has spawned a number of compet ing cryptocurrencies such as Litecoin, Namecoin and PPCoin.
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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