Invest in China with just Rs 10,000 with Hang Seng BeEs ETF: After the mad rush for Gold ETF Asset Management companies were actively scouting go the next big idea to launch to seek cover for their dwindling Assets Under Management(AUM). Accordingly, Benchmark Mutual Fund will be launching an ETF based on the Hang Seng Index. Continue reading »
Filed under MUTUAL FUNDS …
SBI Magnum Taxgain Scheme 1993 dividend for 2009 has been announced by SBI MF
SBI Magnum Taxgain Scheme 1993 dividend for 2009 has been announced by SBI MF. With over 17 lakh investors and a stable track-record of over 15-years SBI Magnum TaxGain ELSS Scheme 1993 has proved to be one of the most consistent performer amongst the tax saving schemes category in the Indian Mutual Fund Industry – OnlineMF Continue reading »
Do not go chasing ads, listen to the your needs (Part-1)
Often we come across well drafted adverstisements and commercials at the most innocous of all places. Many of us end up falling prey to some smart admen’s near perfect product or advertisement placement. **Tax saving of Rs 33,990 + Rs 9,000 Life Insurance Premium. But, you don’t have to invest an entire lakh. For example, if your taxable income is Rs. 1,70,000, you would need to invest just Rs. 20,000 in a tax saver to reduce your taxable income to Rs. 1,50,000 and drop your tax to zero! Continue reading »
SEBI ACTS FINALLY, in interest of Retail Investor.
BUT IS IT TOO LITTLE TOO LATE? SEBI is now mulling the idea for separating the corporate investor from retail investors in every scheme of mutual funds, so that latter does not suffer at the expense for former. Even, if it suffers it will now come at a cost. Retail investors until now always had … Continue reading »
Gold ETF beats it all …Again(October Review)
A Review of performance of GOLD ETF based on earlier post Gold ETF beats it all Gold Exchange Traded funds have performed exceptionally well since their inception in India. One of the primary reasons attributed to it could be inherent bias of Indians towards gold as a precious metal. However, recently Gold is receiving a … Continue reading »
