Archive for August 30th, 2008
Objective of Scheme
The investment objective of the Plans under the Scheme is to generate regular income through investments in Debt / Money Market Instruments and Government Securities.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
29-Aug-2008
New Fund Earliest Closure Date
8-Sep-2008
New Fund Offer Closure Date
8-Sep-2008
Indicate Load Separately
Entry Load Direct Applications and Applications routed through any Distributor / Agent / Broker) : Nil
Exit Load : In respect of each purchase / switch-in of units, an Exit Load of 1.50% is payable if units are redeemed/switched-out before Maturity / Final Redemption Date. No Exit Load is payable on Maturity / Final Redemption Date.
Minimum Subscription Amount
Wholesale Plan Rs. 10000000, Retail Plan Rs. 5000
August 30th, 2008
Objective of Scheme
The investment objective of the Plans under the Scheme is to generate regular income through investments in Debt / Money Market Instruments and Government Securities.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
29-Aug-2008
New Fund Earliest Closure Date
4-Sep-2008
New Fund Offer Closure Date
4-Sep-2008
Indicate Load Separately
Entry Load (Direct Applications and Applications routed through any Distributor / Agent / Broker) : Nil
Exit Load : In respect of each purchase / switch-in of units, an Exit Load of 0.75% is payable if units are redeemed/switched-out before Maturity / Final Redemption Date. No Exit Load is payable on Maturity / Final Redemption Date.
Minimum Subscription Amount
Wholesale Plan Rs. 10000000, Retail Plan Rs. 5000
August 30th, 2008
Objective of Scheme
The investment objective of the Plans under the Scheme is to generate regular income through investments in Debt / Money Market Instruments and Government Securities.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
26-Aug-2008
New Fund Earliest Closure Date
1-Sep-2008
New Fund Offer Closure Date
1-Sep-2008
Indicate Load Separately
Entry Load Direct Applications and Applications routed through any Distributor / Agent / Broker) : Nil
Exit Load : In respect of each purchase / switch-in of units, an Exit Load of 0.75% is payable if units are redeemed/switchedout before Maturity / Final Redemption Date. No Exit Load is payable on Maturity / Final Redemption Date of the Plan.
Minimum Subscription Amount
Wholesale Plan Rs. 10000000; Retail Plan Rs. 5000
August 30th, 2008
The following is a list of top 10 short-term debt fund schemes and their 1-year returns
HDFC HI Short-term 9.22%
ING Short Term Income 8.99%
HSBC Income Short-term 8.98%
UTI Short-term Income Regular 8.74%
HDFC Short-term 8.44%
JM Short-term Reg 8.4%
Birla Sun Life Short-term Retail 8.39%
Reliance Short-term 8.22%
Tata Short-term Bond 7.86%
ICICI Prudential Short-term 7.62%
August 30th, 2008
Top ELSS (Tax Planning) Mutual Fund Schemes and their 1-year returns:
Sundaram BNP Paribas Taxsaver 6.13%
Magnum Taxgain -6.94%
HDFC LT Advantage -6.9%
HDFC Taxsaver -9.79%
Principal Tax Savings -13.41%
Birla Sun Life Tax Plan -14.46%
Canara Robeco Equity Tax Saver -6.59%
Principal Personal Tax Saver -6.96%
Franklin India Index Tax -1.24%
Birla Sun Life Tax Relief 96 -12.58%
August 30th, 2008
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