Category: Tax Saving Scheme
NFO: Union KBC Tax Saver Fund
Union KBC Mutual Fund has launched its tax saving scheme mutual fund. The new fund offer will end on 9th December 2011. It has lock-in period of 3 years. Details are given below. For Application form email us at aarkay@moneyvriksh.com Date of the fund extended till December 16, 2011 Mutual Fund Union KBC Mutual Fund [...]
L&T Long Term Infrastructure Bonds 2011-12 B Series (Tranche-1)
L&T Infrastructure Finance Company Ltd has launched Public Issue of Long Term Infrastructure Bonds 2011 B Series (Tranche-1) of face value of Rs. 1,000 each, as nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961 (the “Tranche 1 Bonds”), not exceeding Rs. 1100 Crore for the FY [...]
IDFC Infrastructure Bonds Tranche-1 2011-12
IDFC is launching Infrastructure Bonds on November 21, 2011 under public issue of 2011 tranche 1 bonds of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961, not exceeding Rs. 5,000 Crore, to be [...]
HUDCO BONDS SERIES B (Tax Free)
Housing & Urban Development Corporation (HUDCO) has launched Secured Non Convertible Non-Cumulative Redeemable Taxfree 2011 HUDCO BONDS SERIES B (OPTION I & II) in the nature of Promissory Note of Rs. 200 Crore PLUS GREEN SHOE OPTION to retain oversubscription , with interest rate 7.62% for 10 years and 7.83% for 15 years. The minimum [...]
HUDCO Tax Free Bonds
Housing & Urban Development Corporation (HUDCO) has launched tax free bonds with interest rate 7.51% for 10 years and 7.75% for 15 years. The minimum investment is one bond which is of Rs. 1 lakh only. HUDCO is a government organization (PSU) and a premier techno financing institution of India in the field of housing [...]
IFCI Infrastructure Bonds Series III
IFCI Ltd has come out with IFCI Infrastructure Bonds Series III . Having Benefits under section 80CCF of the income Tax, 1961 for Long Term Infrastructure Bonds. The Bonds are first for the year 2011-12. Main points of the issue are: The issue will open on September 21, 2011 and will remain open till November [...]
UTI Mutual Fund Retirement Benefit Pension Fund
Unit Trust of India introduced a plan named Retirement Benefit Pension Fund on December 26, 1994 through which Pension may be provided to the Investor after the completion of 58 years of age. The Pension is generated in the form of systematic withdrawl of certain amount out of the accumulated fund value generated over a [...]
UTI Mutual Fund Unit Link Insurance Plan
Unit Trust of India introduced a plan named Unit Link Insurance Plan (ULIP) on October 01, 1971 through which Life Insurance part was there as well as to generate good return. A part of money out of the investment was paid to Insurance Company for Risk Cover and balance of fund was utilised for taking [...]
Taurus Tax Shield Dividend March 2011
Taurus Mutual Fund has given dividend of Rs 1.25 under ELSS scheme Taurus Tax Shield – dividend option of the scheme with record date 30/03/2011 . The fund house is continously giving dividends under the scheme. A brief history of dividends is given here Dividend Payouts : [...]
Birla Sun Life Tax Relief 96 Fund Dividend March 2011
Birla Sun Life mutual fund has announced dividend under its scheme – Birla Sun Life Tax Relief 96 Fund. The dividend declared under the scheme is Rs. 4 per unit on a face value of Rs. 10. The record date for dividend distribution is 31st March 2011. The scheme’s aims is to provide growth of [...]
