10.8% Muthoot Finance NCD-March/April-2015

Muthoot Finance NCD-March/Apr-2015 Muthoot finance NCD’s would open for subscription today i.e. 25th March, 2015. It is issuing secured and un-secured NCD’s in this current issue. The yield is as high as 10.8% per annum compared to earlier issue of Nov/Dec-2014. I have been providing provided my analysis earlier several times on Muthoot Finance NCD’s, however, I would cover some important points here in this article. Should you invest in Muthoot Finance NCD of March/April-2015? About Muthoot Finance Limited Muthoot Finance […]

Pradhan Mantri Jeevan Jyoti Bima Yojana Life Insurance Plan-Review

Pradhan Mantri Jeevan Jyoti Bima Yojana Life Insurance Plan-Review In recent budget 2015-16, Finance minister has announced a new life insurance scheme Pradhan Mantri Jeevan Jyoti Bima Uojana for poor and low income group. Premium for this Govt. promoted life insurance scheme is Rs 330 per annum. What are the features of Pradhan Mantri Jeevan Jyoti Bima Yojana life insurance? Should you subscribe to this new life insurance promoted by Govt of India? Features of Pradhan Mantri Jeevan Jyoti Bima […]

JP Morgan Launches Balanced Advantage fund (NFO)-Should you invest?

JP Morgan Launches Balanced Advantage fund (NFO)-Should you invest? Yesterday JP Morgan Launched balanced advantage fund, which is open ended mutual fund scheme. JP Morgan Balanced Advantage Fund has an investment objective of generating long term capital appreciation and current income from a portfolio of equity and fixed income securities. NFO news is appearing now in all leading news papers and advertisements on financial websites which is catching investor attention. What are the features of JP Morgan Balanced Advantage Fund? […]

How Mutual Fund Utility Platform would benefit Investors?

How Mutual Fund Utility Platform would benefit Investors? Last month, SEBI has launched MF Utility platform which is another new initiative in the mutual fund industry. MF Utility (MFU) is an innovative “Shared Services” initiative by the Mutual Fund industry under the aegis of the Association of Mutual Funds in India (AMFI), which acts as a “Transaction Aggregation Portal” through which a Mutual Fund customer is enabled to transact in multiple schemes across Mutual Funds using a single form/payment. What […]

How to pay zero tax and get tax free income for over Rs 10 Lakhs?

How to pay zero tax and get tax free income for over Rs 10 Lakhs? Last week I wrote article about how one can save income tax upto Rs 4.44 Lakhs of his income and there was very good response from readers. I fall under 30% tax bracket. I was wondering whether I can save income tax of over Rs 10 Lakhs income. I was analyzing various avenues to save income tax and felt there was scope to save income […]