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Mutual Fund News

NFO: BNP Paribas Income & Gold Fund

BNPParibas Mutual Fund  has launched a new fund offer (NFO) today , May 17, 2012 with the name as BNP  Paribas Income & Gold Fund (An open-ended debt fund) and objective of the investment in the scheme generating income from a portfolio constituted of debt and money market securities (65% – 90%), along with investments [...]

NFO: DSP BlackRock Dual Advantage Fund-(Series 3)-36M

DSP BlackRock Mutual Fund is launching a new fund in the name & style of DSP BlackRock Dual Advantage Fund – Series 3 – 36M from May 02, 2012 with the main  investment objective under the Schemes for generating returns and seeking capital appreciation by investing in a portfolio of debt (0% – 50%) and [...]

NFO: Taurus Banking & Financial Services Fund

Taurus mutual fund is launching a new fund (NFO) on May 02, 2012 in name and style as Taurus Banking & Financial Services Fund. The main objective under the Scheme is to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking  Financial Companies  [...]

Corporate Fixed Deposits

CNBC TV-18 and Network-18 FD Rates 2012

Both CNBC TV-18 (formerly IBN 18) and Network 18 Ltd offer their FD intermittently. Since CNBC is a known name, many of our site visitors show interest in them. So, we decided to put this one post where you can check the current interest rate of CNBC FDs. We’ll also regularly update the current status  [...]

Post Office Small Saving Schemes-New Interest Rates

On  March 26, 2012, the Finance Ministry has provided a ‘pleasant gift’ to small investor by providing increased rate of interest in Post Office ‘Small saving Schemes’, such as NSC, PPF, SCSS -04 schemes which also help in saving income tax. Also, the ministry has increased on other ongoing schemes such as 1/2/3/5 yr TD, [...]

Muthoot Finance NCD

Muthoot  Finance  Limited  is coming out with public issue of  Secured  Non-Convertible  Debentures from March  02,  2012 of  face value of Rs. 1000/-  each  (NCD)  aggregating upto  Rs  250 Crore with an option to retain over subscription of  Rs 250 Crore for issuance of additional NCD .   For Application Form – mail at : [...]

IPO News

IPO: Speciality Restaurants Ltd.

Speciality Restaurants Ltd., a 1992 establishment, has come out with an  initial public offer (IPO) with a price band of Rs.  146/- to Rs 155/- per equity share of Rs. 10/-. SRL is a dining operator in India having 62 restaurants and 11 confectionaries as per records available, to provide affordable dining experience to their [...]

IPO: Plastene India Limited

Plastene India Limited, incorporated in 1998,  a Gujrat based plastics packaging manufacturing company is  coming out with an IPO . Plastene India is manufactures a variety of transport and storage containers (Jumbo bags/FIBCs) for both dry and liquid (bulk) goods, variety of laminates (solvent less / solvent based) structures for food and non-food applications, woven [...]

IPO: Samvardhana Motherson Finance Ltd.

Samvardhana Motherson Finance (SMFL), 2004 incorporated company dealing in  components of automotive industry is coming out with Initial Public Offer (IPO) on May 02, 2012 with price  band of Rs 113-118 per share. SMFL deals in automotive rearview mirrors, electrical distribution systems (wiring harnesses), polymer processing, elastomer processing, modules and systems, injection molding tools, machined [...]

Tax Saving Schemes

Post Office Small Saving Schemes-New Interest Rates

On  March 26, 2012, the Finance Ministry has provided a ‘pleasant gift’ to small investor by providing increased rate of interest in Post Office ‘Small saving Schemes’, such as NSC, PPF, SCSS -04 schemes which also help in saving income tax. Also, the ministry has increased on other ongoing schemes such as 1/2/3/5 yr TD, [...]

IDFC Infrastructure bonds Tranche 3

IDFC (Infrastructure Development Finance Company Ltd) has brought yet another bonds under section 80CCF from March 19, 2012 till March 30, 2012 for the investors still could not save tax under this section. The details of the bonds are as under : Download Application Form Check Allotment Status Issue Details: Issue Opens: 19-Mar-2012 Issue Closes: [...]

PFC Long Term Infrastructure Bond-Series 86

Power Finance Corporation Ltd(PFC) has launched another issue under Long Term Infrastructure Bond-Series 86, from February 29, 2012 , a scheme with benefits under Section 80CCF of The Income Tax Act 1961. The scheme will remain open till March 23, 2012. Check Allotment Status PRIVATE PLACEMENT OF LONG TERM INFRASTRUCTURE BONDS: SERIES 86 Issuer Power [...]

Other Recent Posts

NFO: IDBI India Top 100 Equity Fund

| April 24, 2012 | 0 Comments

IDBI Mutual Fund is launching a new fund (NFO) on April 25, 2012  in the name and style as IDBI India Top 100 Equity Fund to provide investors the opportunities for long-term growth in capital through diversified basket of equity stocks (70% – 100%), debt and money market instruments (0% – 30%). The investment under [...]

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IPO: Tribhovandas Bhimji Zaveri Ltd.(TBZ)

| April 24, 2012 | 1 Comment

Tribhovandas Bhimji Zaveri (TBZ) is coming out with an IPO issuing 1.66 Crore equity shares of Rs 10/- with premium. The price band has been fixed at Rs 120-126 per share for its Rs 210-crore initial public offering on the upper band of the issue. The IPO proceeds will be used to fund expansion plans [...]

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NFO: Reliance Dual Advantage Fixed Tenure Fund II–Plan C

| April 18, 2012 | 0 Comments

Reliance Mutual Fund has launched a new fund (NFO) in the name as Reliance Dual Advantage Fixed Tenure Fund II – Plan C, with tenure of  36 Months period. The objective of the Plan under the scheme is to generate returns and reduce interest rate volatility by investing a portion of the portfolio in good [...]

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