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NFO: BNP Paribas Income & Gold Fund

admin — Thu, 17 May 2012 19:07:32 +0000

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 in Gold Exchange Traded Funds (ETFs) [10% - 35%]. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/indicate any returns.

Download Application Form

Scheme Details:

Fund Opens: 17-May-2012
Fund Closes: 31-May-2012
Scheme Type: Open Ended
Scheme Category: Income
Entry Load: Nil
Exit Load: 1%, if redeemed /switched-out upto 12 months from date of allotment, 0.50 %, if redeemed /switched-out upto 12 – 18 months from date of allotment. Nil, if redeemed /switched-out after 18 months from date of allotment of Units.
Unit Price for NFO: Rs. 10/-
Minimum Subscription: Rs. 5,000/- and in multiple of Rs. 1/- thereafter
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NFO: DSP BlackRock Dual Advantage Fund-(Series 3)-36M

admin — Tue, 01 May 2012 19:27:31 +0000

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 money market securities (0% – 15%), and for capital appreciation, to invest a portion of the portfolio in equity & equity related securities (0% – 35%). As far as investments in debt and money market securities are concerned, the Schemes will invest only in securities which mature on or before the date of maturity of the Schemes.

Download Application Form

Scheme Details:

Fund Opens: 02-May-2012
Fund Closes: 15-May-2012
Scheme Type: Close Ended
Scheme Category: Income
Entry Load : NIL
Exit Load : Not Applicable (The Units under the Schemes cannot be directly redeemed with the Mutual Fund as the Units will be listed on the Stock Exchange/s.)
Offer Price: Rs. 10/-
Minimum Subscription: Rs. 5,000/– and in multiples of Re. 1/- thereafter
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NFO: Taurus Banking & Financial Services Fund

admin — Mon, 30 Apr 2012 03:52:16 +0000

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 that form a part of the BFSI Sector. However, there is no assurance or guarantee that the objectives ofthe scheme will be realized and the scheme does not assure or guarantee any returns.

The scheme is an open-ended scheme and will offer units for sale and repurchase at NAV based prices on all business days on an ongoing basis, commencing not later than 5 business days from the date of allotment of units.

Download Application Form

Compliance with KYC requirements has been made mandatory for Resident Individuals, Non Resident Individuals/PIOs/OCIs.

Scheme Details:

Scheme Opens: 02-May-2012
Scheme Closes: 16-May-2012
Scheme: An open-ended sectoral equity scheme
Benchmark: BSE Bankex-index
Face Value: Rs. 10/- for cash at parEntry Load: Not Applicable.
Exit Load(For NFO & Ongoing basis): 1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.
For SIP: 1% for exit (repurchase/switch-out) on or before 1 year from the date of allotment of each installment of withdrawal.
Plan & Options: Growth / Dividend (payout only).
Minimum Investment: Rs. 5000 and in multiples of Re. 1/- thereafter.
Additional Purchase: Rs. 1000 and in multiples of Re. 1/- thereafter.
Systematic Investment Plan (SIP):
Monthly Option: Rs. 500 and in multiples of Re. 1/- thereafter, per month, for atleast 12 months or Rs. 1000 and in multiples of Re. 1/- thereafter, per month, for a minimum period of six months.
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NFO: IDBI India Top 100 Equity Fund

admin — Tue, 24 Apr 2012 17:49:28 +0000

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 the scheme will be restricted to equity stocks and equity related instruments of companies that are constituents of the S&P CNX Nifty Index (Nifty 50) and the CNX Nifty Junior Index comprising a total of 100 stocks. These two indices are collectively referred to as the CNX 100 Index. The equity portfolio will be well-diversified and actively managed to realize the Scheme objective.

Download Application Form

Scheme Details:

Scheme Opens: 25-April-2012
Scheme Closes: 09-May-2012
Scheme: An open-ended growth scheme
Benchmark: CNX 100 Index
Face Value: Rs. 10/- for cash at par
Entry Load: Not Applicable.
Exit Load(For NFO & Ongoing basis): 1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.
For SIP: 1% for exit (repurchase/switch-out) on or before 1 year from the date of allotment of each installment of withdrawal.
Plan & Options: Growth • Dividend ( -Payout Option/-Reinvestment Option / – Sweep)
Minimum Investment: Rs. 5000 and in multiples of Re. 1/- thereafter.
Additional Purchase: Rs. 1000 and in multiples of Re. 1/- thereafter.
Systematic Investment Plan (SIP): Monthly Option: Rs. 500 and in multiples of Re. 1/- thereafter, per month, for atleast 12 months or Rs. 1000 and in multiples of Re. 1/- thereafter, per month, for a minimum period of six months.
Quarterly Option: Rs. 1500 and in multiples of Re. 1/- thereafter, per quarter, for a minimum period of four quarters.
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NFO: Reliance Dual Advantage Fixed Tenure Fund II–Plan C

admin — Wed, 18 Apr 2012 16:09:57 +0000

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 quality debt securities (35% – 95%) & money market instruments(0% – 60%) and also to provide capital appreciation by investing the balance in equity and equity related securities(5% – 20%). The securities would mature on or before the maturity of the Plan under the scheme.

First time investors in any Mutual Fund should ask for KYC Form

Download Application Form

Scheme Details:

New Fund Opens: 16-April-2012
New Fund Closes: 30- April -2012
Period of Scheme: 36 months
Scheme Type: Close Ended
Scheme Category: Income
Entry Load: Nil
Exit Load: Being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors Offer Price: Rs. 10/-
Minimum Subscription: Rs 5000/- and in multiple of Rs. 1 thereafter
Invest Now

Tax Reckoner 2012-13 (Snapshot)

admin — Mon, 16 Apr 2012 19:49:46 +0000

A brief snapshot for tax rates applicable for the financial year 2012-13 with effect from April 01, 2012 covering Individual, women, senior citizen, very senior citizen (above age of 80), special rates for non-resident, capital gain tax, Security Transaction Tax (STT) on share/mutual funds, tax slab on mutual fund dividends paid by the fund, where as dividend in hands of investors is tax free.

Income Tax Rates

For Individuals, Hindu Undivided Family, Association of Persons, Body of Individuals and Artificial juridical persons.

Total Income	Tax Rates
Up to Rs. 2,00,000 (1)(2)	NIL
Rs. 2,00,001 to Rs. 5,00,000	10%
Rs. 5,00,001 to Rs. 10,00,000	20%
Rs. 10,00,001 and above	30%

(*1) In the case of a resident individual of the age of 60 years or above but below 80 years, the basic exemption limit is Rs. 2,50,000.
(*2) In case of a resident individual of age of 80 years or above, the basic exemption limit is Rs. 5,00,000.
(3) Surcharge is not applicable.
(4) Education cess is applicable @ 3% on income tax.

Personal Tax Scenarios (Amount in Rupees)

Individual	Income Level
Income Table >>>>>>	5,00,000	10,00,000	15,00,000
Tax in FY 2011-12	329.60	156,560.00	311,060.00
Tax in FY 2012-13	30,900.00	133,900.00	288,400.00
Effective Tax Savings	2,060.00	22,660.00	22,060.00

Resident senior citizen (age of 60 years but below 80 years)	Income Level
Tax in FY 2011-12	25,750.00	149,350.00	303,850.00
Tax in FY 2012-13	25,750.00	128,750.00	283,250.00
Effective Tax Savings	Nil	20,600.00	20,600.00

Resident women below 60 years	Income Level
Tax in FY 2011-12	31,930.00	155,530.00	310,030.00
Tax in FY 2012-13	30,900.00	133,900.00	288,400.00
Effective Tax Savings	1,030.00	21,630.00	21,630.00

Resident very senior citizen at the age of 80 years and above	Income Level
Tax in FY 2011-12	Nil	123,600.00	278,100.00
Tax in FY 2012-13	Nil	103,000.00	257,500.00
Effective Tax Savings	Nil	20,600.00	20,600.00

Special rates for non-residents

(1) The following incomes in the case of non-resident are taxed at special rates on gross basis:

Nature of Income	*Rates1**
*Dividend (2)**	20%
Interest received on loans given in foreign currency to Indian concern or Government of India.	20%
Income received in respect of units purchased in foreign currency of specifies Mutual Funds / UTI	20%
Royalty or fees for technical services	For Agreements entered into:
	- After 31 May 1997 but before 1 June 2005 –@ 20%
	- After 1 June 2005 – @ 10%
Interest income from a notified infrastructure debt fund	5%
Interest on FCCB, FCEB / Dividend on GDRs(b)	10%

(*1) These rates will further increase by surcharge and education cess.
(*2) Other than dividends on which DDT has been paid.
(3) In case the non-resident has a Permanent Establishment (PE) in India and the royalty/ fees for technical services paid is effectively connected with such, the same could be taxed at 40% (plus surcharge and education cess) on net basis.

(2) Tax on non-resident sportsmen or sports association on specified income @ 10% plus surcharge and education cess.

Capital Gains

Particulars	*Short-Term capital Gain Tax rates (a)**	*Long-Term capital Gain Tax rates (a)**
Sale transactions of equity shares / unit of an equity oriented fund which attract STT	15%	Nil
Sale transaction other than mentioned above:
Individuals (resident and non-residents)	Progressive slab rates	20% with indexation; 10% without indexation (for units/ zero coupon bonds)
Partnerships (resident and non-residents)	30%	20% with indexation; 10% without indexation (for units/ zero coupon bonds)
Resident Compaies	30%	20% with indexation; 10% without indexation (for units/ zero coupon bonds)
Overseas financial organisations specified in section 115AB	40% (corporate) 30% (non-corporate)	10%
FII	30%	10%
Other Foreign companies	40%	20% / 10%
Local authority	30%	10% without indexation (for units/zero coupon bonds) / 20% (for others)
Co-operative society rates	Progressive slab	10% without indexation (for units/zero coupon bonds) / 20% (for others)

(*a) These rates will further increase by applicable surcharge & education cess.
(2) Tax on non-resident sportsmen or sports association on specified income @ 10% plus surcharge and education cess.

Securities Transaction Tax (STT)

STT is levied on the value of taxable securities transactions as under.

Transaction	Rates	Payable By
Purchase/ Sale of equity shares, units of equity oriented mutual fund (delivery based)@	0.100%	Purchaser/Seller
Sale of equity shares, units of equity oriented mutual fund (non –delivery based)	0.025%	Seller
Sale of an option in securities	0.017%	Seller
Sale of an option in securities, where option is exercised	0.125%	Purchaser
Sale of a futures in securities	0.017%	Seller
Sale of unit of an equity oriented fund to the Mutual Fund	0.250%	Seller

@ effective 1 July 2012

NFO: ICICI Pru Multiple Yield Fund-Series 2(Plan F)

admin — Tue, 10 Apr 2012 20:22:20 +0000

ICICI Prudential Mutual Fund has launching a new fund (NFO) in the name as ICICI Prudential Multiple Yield Fund – Series 2-Plan F on April 10, 2012 with fund tenure of 1100 days with main objective under the scheme to generate returns by investing in a portfolio of fixed income securities/ debt instruments (65% – 100%) and Money Market instruments (0% – 10%). The other objective under the Scheme is to generate long term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments (0% – 35%). However, the Fund House is not giving assurance that the investment objective will be realized.

Download Application Form

No charges will be deducted on our forms. First time investors to fill KYC form as well.

Scheme Details :

New Fund Opens: 10-April-2012
New Fund Closes: 24-April-2012
Period of Scheme: 1100 Days
Scheme Type: Close Ended
Scheme Category: Income
Entry Load: Not Applicable
Exit Load: Being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors
Offer Price: Rs. 10/-
Minimum Subscription: Rs 5000/- and in multiple of Rs. 10 thereafter
Invest Now

NFO: Reliance Dual Advantage Fixed Tenure Fund II-Plan B

admin — Wed, 21 Mar 2012 19:22:24 +0000

Reliance Mutual Fund has launched a new fund (NFO) in the name as Reliance Dual Advantage Fixed Tenure Fund II – Plan B, with tenore 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 quality debt securities (35% – 95%) & money market instruments(0% – 60%) and also to provide capital appreciation by investing the balance in equity and equity related securities(5% – 20%). The securities would mature on or before the maturity of the Plan under the scheme.

First time investors in any Mutual Fund should ask for KYC Form

Download Application Form

Scheme Details:

New Fund Opens: 16-Mar-2012
New Fund Closes: 30-Mar-2012
Period of Scheme: 36 months
Scheme Type: Close Ended
Scheme Category: Income
Entry Load: Not Applicable
Exit Load: Being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors
Offer Price: Rs. 10/-
Minimum Subscription: Rs 5000/- and in multiple of Rs. 1 thereafter
Invest Now

NFO: ICICI Prudential Capital Protection Oriented Fund II–Series VIII (24 Months)

admin — Mon, 19 Mar 2012 19:09:17 +0000

ICICI Prudential Mutual Fund has launched a new fund (NFO) in the name as ICICI Prudential Capital Protection Oriented Fund II – Series VIII (24 Months period). The objective of the Plan under the scheme is to protect capital by investing a portion of the portfolio in good quality debt securities & money market instruments(88% – 100%) and also to provide capital appreciation by investing the balance in equity and equity related securities(0% – 12%). The securities would mature on or before the maturity of the Plan under the scheme. However, there is no assurance by the AMC that the investment objective of the Plans under the Scheme will be realized.

For any query, mail us at: aarkay@moneyvriksh.com

Download Application Form

(First time investors in any Mutual Fund should ask for KYC Form)

Scheme Details:

New Fund Opens: 16-Mar-2012
New Fund Closes: 26-Mar-2012
Period of Scheme: 24 months
Scheme Type: Close Ended
Scheme Category: Income
Entry Load: Not Applicable
Exit Load: Being a listed scheme, no exit load will be applicable. Investors shall note that the brokerage on sales of the units of the Schemes on the stock exchanges shall be borne by the investors
Offer Price: Rs. 10/-
Minimum Subscription: Rs 5000/-
Invest Now

NFO: DSP BlackRock Dual Advantage Fund-Series 2-36M

admin — Wed, 14 Mar 2012 02:22:23 +0000

DSP BlackRock Mutual Fund has launched a new fund (NFO) as DSP BlackRock Dual Advantage Fund – Series 2 – 36 Month. The primary investment objective of the Schemes is to generate returns and seek capital appreciation by investing in a portfolio of debt (50%-100%) and money market securities (0%-25%) and will invest only in securities which mature on or before the date of maturity of the Schemes. The schemes also seek to invest a portion of the portfolio in equity & equity related securities (0%-25%) to achieve capital appreciation.

Download Application Form

Scheme Details:

Scheme Name: DSP BlackRock Dual Advantage Fund – Series 2 – 36M
Scheme Opens: 12-Mar-2012
Scheme Closes: 20-Mar-2012
Scheme Type: Close Ended
Scheme Category: Income
Maturity Date: 02-Apr-2015
Entry Load: NIL
Exit Load: Not Applicable (The Units under the Schemes cannot be directly redeemed with the Mutual Fund as the Units will be listed on the Stock Exchange/s.)
Offer Price: Rs 10
Minimum Subscription: Rs. 5,000/– and in multiples of Re. 1/- thereafter
Invest Now

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MoneyVriksh.com » Search Results » mutual+fund

NFO: BNP Paribas Income & Gold Fund

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

NFO: Taurus Banking & Financial Services Fund

NFO: IDBI India Top 100 Equity Fund

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

Tax Reckoner 2012-13 (Snapshot)

Income Tax Rates

Personal Tax Scenarios (Amount in Rupees)

Special rates for non-residents

Capital Gains

Securities Transaction Tax (STT)

NFO: ICICI Pru Multiple Yield Fund-Series 2(Plan F)

NFO: Reliance Dual Advantage Fixed Tenure Fund II-Plan B

NFO: ICICI Prudential Capital Protection Oriented Fund II–Series VIII (24 Months)

For any query, mail us at: aarkay@moneyvriksh.com

NFO: DSP BlackRock Dual Advantage Fund-Series 2-36M