Pune Invest

Todays Market condition people confuse how to Buy & where to buy Mutual Fund? There are Two Category for Buying Mutual Fund 1. Online 2. Offline If you want to purchase Online then you have 3 Options avialable 1. Direct Mutual Fund Website 2. Broking House ICICI Direct, Reliance Money, Sharekhan etc... (fee base) 3. Some website trying to sell Mutual Funds. ( Fee Base) Offline it means involving paper forms and sign. Two Option avialable 1. Direct Mutual Fund Office. 2. Advisor or Agents - Advisor/agents also 2 category Fee base advisor Free service advisor/agent - which route is good depends upon your need.

HDFC Mutual Fund is launching gold fund called HDFC Gold Fund . HDFC Gold Fund (HGF), an open ended Fund-of-Funds scheme, would enable investors to invest systematically in gold, hedge their risks against market volatility and to effectively diversify their portfolio.  A Fund-of-Funds (FoF) scheme usually invests in other schemes of the mutual fund. Gold FoFs enables the investors to invest through a single investment or through Systematic Investment Plan (SIP). The new fund offer (NFO) opens on 7 Octobe r and closes on 21 October, 2011.  Minimum Application Amount Purchase ( including switch in ): ` 5000 and any amount thereafter Additional Purchase (including switch in): `1,000 and any amount thereafter SIP Purchase: Minimum Amount per installment Monthly SIP : `500/- and in multiples of  `100/- Quarterly SIP: `1500/- and in multiples of ` 100/- HDFC Gold Fund* is suitable for the   following types of investors: Investors looki...

1) Issue Details: Issue opens: Thursday, 29th September, 2011 Issue closes: Friday, 12th November, 2011 Coupon: Series 1 and Series 2 with 7.51% p.a. payable on Annual and Cumulative basis respectively with maturity of ten years. Series 3 and Series 4 with 7.75% p.a. payable on Annual and Cumulative basis respectively with maturity of fifteen years Rating: Crisil – ‘AAA/Stable’ and ICRA - ‘LAAA’ Face Value: Rs. 5,000 /- per bond Subscription amount: One Bond and in multiples of one Bond thereafter Listing: The Bonds will be listed on the BSE and can be traded only in the demat form after the 5-year lock-in period. No TDS: As per the current provisions of the Income Tax Act, 1961, for Bonds held in demat form; no TDS will be deducted on interest payments. If Bonds are held in physical form, no tax may be withheld if such interest does not exceed ` 2,500 in a financial year. However, such interest is taxable income in the hands of Bondholders. Investors...

Axis Mutual Fund launched Axis Gold Fund  Investment Objective: The investment objective of the Scheme is to seek to generate returns that closely corresponds to returns generated by Axis Gold ETF. The fund targets to raise a minimum subscription of Rs 20 lakh under the scheme during the NFO period. Allocation of funds: The scheme shall invest 95-100% in the units of gold ETFs (primary axis gold ETF) with medium risk profile and invest upto 5% in the money market instruments with low to medium risk profile. Basic Details: NFO Opens: September 30, 2011 NFO Closes: October 14, 2011 NFO Price: Rs 10 per unit Options: Growth and Dividend (Payout and Reinvestment) Minimum Application Amount: Rs 5,000 per application and additional Re 1, thereafter Minimum SIP: Rs 1,000 Exit Load: 1% if units are redeemed /switched out within 1 year from the date of allotment Benchmark: Domestic price of gold Fund Manager: Mr. Anurag Mittal

1) Issue Details: Issuer: Government of India undertaking (Nav-ratna Company) Issue opens: Thursday, 29th September, 2011 Issue closes: Friday, 4th November, 2011 Coupon: Series 1 and Series 2 with 8.50% p.a. payable on Annual and Cumulative basis respectively with maturity of ten years. Series 3 and Series 4 with 8.75% p.a. payable on Annual and Cumulative basis respectively with maturity of fifteen years Rating: Crisil – ‘AAA/Stable’ and ICRA - ‘LAAA’ Face Value: Rs. 5,000 /- per bond Subscription amount: One Bond and in multiples of one Bond thereafter Listing: The Bonds will be listed on the BSE and can be traded only in the demat form after the 5-year lock-in period. No TDS: As per the current provisions of the Income Tax Act, 1961, for Bonds held in demat form; no TDS will be deducted on interest payments. If Bonds are held in physical form, no tax may be withheld if such interest does not exceed ` 2,500 in a financial year. However, such interest is taxable inco...