Tag: Tax Saving Scheme
SBI MF Tax Saving Scheme Dividend 2013
SBI Mutual Fund has announced dividend in its Tax Saving scheme – SBI Magnum Taxgain 1993 – Dividend. The dividend is 35% and record date is March 28, 2013 under section 80C of IT Act.Dividend received in hands of investor is tax free. Download Application Form / KYC Form Details of Dividend: Scheme Name Dividend [...]
HDFC & Birla Tax Saver Funds Dividend 2013
Mutual Fund houses are declaring Dividends under their different schemes, especially in Tax Saver (ELSS) Funds. Besides tax saving schemes, Mutual funds are also declaring in their other schemes. Dividends announced in Tax Saving Schemes are under Section 80C of IT Act. HDFC Mutual Fund, Birla Sunlife Mutual Fund and SBI Mutual Fund have declared [...]
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 [...]
HDFC Tax Saver Dividend 2012
HDFC Mutual Fund is consistent with its dividend policy and hence, as its ritual, it has dividend of Rs. 6.00 per unit on HDFc Tax Saver fund. The record date is Thursday, 01-March-2012. The dividend will be distributed to investors of HDFC Tax saver dividend – payout option, which recorded NAV of Rs. 56.73 on [...]
All Infra Bonds 2011-12 Allotment Status and Details
So many infrastructure bonds have launched this year. For each bond, investors need to track their details, application forms and then allotment status. So, we thought, we can combine all of them at one place so that investors like you can find all of them very easily. So, here we go with the compilation of [...]
IFCI Infrastructure Bonds Series 4
IFCI Ltd has launched IFCI Infrastructure Bonds Series IV under private placement having Benefits under section 80CCF of the income Tax, 1961 for Long Term Infrastructure Bonds. It is advisable to invest in these bonds because they are offering highest rate ever offered by any tax saving infrastructure bond. Also, we don’t expect upward movement [...]
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 [...]
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 [...]
