Dec 27, 2009

Mutual Fund Investment Value

Seasons Greetings

Where can you find the NAV of your Mutual Fund Investment.

You may visit the AMC’s website or you may go to AMFI website. NAV

Register your email address and mobile number when you fill the Mutual Fund application form.

So, if your email is registered you can place a request for email statement online with CAMS  or KARVY .



Nov 22, 2009

Web Sites and Blogs

I would like to share some of the sites and blogs for following.

This may be useful to some extend,to start Equity trading and to invest in Mutual Funds.

My humble opinion is “Never spend on TIPs”

There are so many good people to share their knowledge and experience through  Blog writings.

This new generation and their habit of blog writings is exciting.

The Tip Blog

The Finance Blog

Invest Smartly

some web sites you may visit for trading tips.

Equity Master

Value Notes

for Mutual Fund analysis

Value Research

Money Control

Strange Stories  ( not a finance blog)


Nov 10, 2009

What to buy now ?

It is as usual volatile market now.
No one can predict the trend in this kind of market conditions.
Is it time to buy or sell ? Billion dollar question ! !
My Feelings:
Don't invest in Small and Mid Caps.
Wait and watch for a week and buy only NIFTY and BSE at every fall.
Hold what ever you bought earlier which is not in a big loss.
Buy now to average what ever you had bought earlier at a high cost.
Don't sell unless there is more than 20% profit.
Don't sell now, if you can hold it till March ‘10.
Some Recommendations:
Reliance Capital, Alstom Projects, UTV Software, Tech Mahindra, IFCI,

Oct 27, 2009

2G Spectrum

What is 2G Spectrum?

2G is ‘Second Generation’ wireless telephone technology.

After the launch of 2G, we tend to call the earlier basic service as 1G.

2G obviously more efficient on the spectrum allowing for far greater penetration. In 1G network signals are analog while it is digital in 2G.

It increases system capacity as digital voice data can be compressed and multiplexed more effectively, thus allowing more calls to be backed into the same amount of radio bandwidth.

Most importantly the digital system emit less radio power from the handsets.

Also, we all know digital means increased sound quality.

Beyond 2G there is 3G (Third Generation) Higher data speeds and 4G in developed countries.

The first Pre-Commercial 3G or Third generation was launched in Japan by NTT DoCoMo in Japan in May 2001.

In India MTNL started 3G enabled mobile service in 2008.

There is going to be auction for 3G in India soon.

With Government FDI norms relaxed, Google is intending to bid with an Indian partner. 

for detailed reading visit

you may also refer wikipedia

Oct 8, 2009


Sensex watch will give us how we miss opportunities.

sensex closing

8th Oct ‘09        16844 up by 37 points

8th Oct ‘08         11328 down by 367 points

Sensex October 2008  Low is 8510  (on 27th Oct ‘08)

This will give us an idea how much we miss an opportunity to cash in.

Many investors stopped watching or following the market when the market was moving downwards.

Every fall is opportunity to invest (Buy).

Another Example is March 2009.

Be a disciplined investor. Follow market on daily basis.

You must watch the price of your holdings everyday.

Have target price and book profit.

Set Stop loss and adhere to it strictly.


Oct 6, 2009

TIN - Tax Information Network

TIN is Tax Information Network of Income Tax Department.

It is a repository of Nationwide Tax related information and has been established and managed by National Securities Depository Limited (NSDL) on behalf of Income Tax Department of India.

One of the services by TIN-facilitation Centers (TIN-FC) is Form 26AS. It is a facility for PAN holder for viewing his annual tax statement.

One need not wait for his Form 16 or Form 16A to know his Tax Deducted at Source (TDS).

It is updated on Quarterly basis.

All PAN holders can register online.

Cost involved is Rs 17, if you visit the TIN-FC center or Rs 117 if TIN-FC official visit you for PAN verification.

Register and enjoy. very useful . make use of it. never spend for this thro’ any agency. you can do it yourself.

visit TIN NSDL

Wealth Creation

Wealth Creation, what does it mean?

Accumulating money for a future goal. (saving)

It should beat inflation.

There are many ways.

(Bank FD, RD, Company Deposits, Post Office Saving schemes, Insurance Plans, Mutual Funds, Gold and Land) - the order has no significance.

Every one has his own priority.

But all should have exposure to Mutual Fund. One of the best ways to invest in Mutual Fund is SIP. (Systematic Investment Plan).

Small investments made regularly can become Big sums over a period.

An investment of Rs 1000 per month over a period of 33 years (that is from age 25 to 58) shall grow to over Rs 87 lakhs at 15% rate.


The smart way to invest in stock markets.

  • No need to time the market.
  • Get better rupee cost averaging.
  • Low risk and Better returns.
  • Instills discipline in Investing.
  • More choice and facility to switch to performing fund. 

Oct 5, 2009

Trading Thought

This is what experts and broker houses insist about share trading,

Whenever you are tempted to do

what everybody else is doing;


It seems, no one is following


Oct 3, 2009

Quote – quoted by many

“You must be the Change, you wish to see in the world”


This one is quoted by many people in their speeches.

i like it too. 

Oct 2, 2009

Think it over

Look inside

and you will see

if your actions

are just and true

You are here

for a purpose

You haven’t

forgotten, Have you?

Thanks TOI

Remembering Mahatma

I feel, on this Special Day, remembering him is must for every Indian.

He was and is inspiration for many world Top leaders and also to many Individuals. (Martin Luther King to Obama, Beatles to MJ).

I would like to present here the song “They Killed Him” from album ‘knocked Out Loaded’ first written by Kris Kristofferson.

My God, they killed him

There was a man named Mahatma Gandhi

He would not bow down he would not fight

He knew the deal was down and dirty

and nothing wrong could make it right away

But he knew his duty and the price he had to pay

Just another holy man who tried to be a friend

My God, they killed him !

Thanks TOI

Sep 25, 2009

Simple way to start SHARE Trading

There is always many doubts in the minds of a new comer, that too in share trading it is many fold higher.
Here is one way of starting it.

Prepare a watch list of 5 to 10 companies Shares.
To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker. 
Note down the closing prices of these cos in a excel sheet for 10 days.
This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price. keep watching.
Fix a target price and book profit when it reaches the price target.
Book profit and enjoy,  this will motivate you to do more trading.
Talk with people, this will help gaining knowledge.
Accumulate the Holdings at every fall.
( we can see how to average in a separate post)
I always believe in holding for a long term, i don't do any Intra day or  Futures / options trading.
This is one of the ways to start Equity Trading.
Careful (watchful) trading will definitely give better returns than any other deposit options.

Sep 18, 2009

Start SIP Today

It is time (for that matter any time is good) to start SIP in Mutual Fund.

Now there is no entry load. you gain that extra 2.25% (approx).

Select your AMC ( Asset Management Company = Mutual Fund company), then select your fund.

(you may avail the services of a financial adviser and never hesitate to pay him a fee)

Longer the term the better.

Remember, you can stop at any point of time, by just giving a letter.

Important, NEVER STOP because the market is at its downward trend.
(you MUST buy at lower levels)

It is one of the best ways to build a corpus.

Aug 20, 2009

Jaswant vs Jinnah vs BJP

we read something as history and we believe it , may be because we are democrats (majority rules !).
And all of a sudden some one, almost after 62 years, comes in saying something which we (majority rules again) dont want to believe.
Can any one or Mr Jaswant singh answer few questions
I feel, he would have been in his 20s by that time (around 1947), why wait so F.. A.. R.. ?
Whats the purpose now?
Is it a tactic, like our foreign cricketers, to sell the book ?
comments are welcome.

Jul 10, 2009

Income Tax Rules

Know your Tax rates

The new Tax rates for the Financial Year ENDING 31st March 2010.

  • Up to 1,60,000 NIL
  • 1,60,001 to 3,00,000  10%
  • 3,00,001 to 5,00 000  20%
  • Above 5,00,000  30%

For Women up to 1,90,000  Nil.
For Senior Citizens up to 2,40,000  Nil

Jul 9, 2009

No ENTRY Load – MF investments

Do you know ? ? ?

There is “no entry load”  on Mutual Fund investments from   1st August 2009.

when you invest in Mutual Funds thro’ Financial Advisor, so far, there is an entry load of 2.25% ( even for SIP investments). This is up to 31st July.

SEBI, the regulator ruled that there should not be any entry load on investments from 1st August 2009. There will be an exit load of 1% on redemption.

what the investor should do now ?

wait till the deadline and then invest(after 31st July)?

what the Advisor should do now ?

advise the client not to invest in July’09 ?

what the AMCs should do now ?

close the doors and stop accepting the purchases?

what is actually happening ? ? ? ? ? ?

what is right ?

is there any answer ? ? ?

Equity Investing

why one should invest in equity.

The market was very volatile (as usual) in the recent times.

During 2009 Sensex was at a high of 15600 in June and at a low of  8047 in March.

If you buy and hold at every low you would have gained in an average 20% to 30%.

If you feel the return of 20 % to 30 % in  share market is very less, then you dint understand market and it is not the place for you. you have to start some other business.

You buy regularly at every low and hold it for a long term. ( long term differs from person to person). For someone who earned or lost huge in share market one month is long term.

Normally you hold it for min 3 years, accumulate at every opportunity. if the price of your holding rises more than 70% sell it off. Sit on cash. wait for the opportunity.

It happened between March’09 to June’09. Unimaginable return. Axis Bank, ICICI Bank and Reliance Capital gave more than 150% return.

it is very occasional. at times you may loose also but never sell at a loss. wait for the opportunity to buy. every fall is an opportunity.

So invest in equity, treat it as a business, devote time for this every day.

Happy Trading

to be continued

Jul 5, 2009

What’s your money worth

(I feel Budget in India is nothing of interest, for most of the middle class and below, except the direct tax exemptions)
I would like to rewrite here, the article of Ms Mohini Kent on Sunday Times, on the Budget eve.


“If a man is wealthy,(it means)he is handsome and wise and he can sing well too” it is a Yiddish proverb but it could be applied anywhere in the world, with wealthy people expressing ‘strong’ opinions on everything under the sun. Money seems to confer the highest caste on people and they seen to hold the key to wisdom. we listen to them attentively, hoping some of the magic will rub off on to us.

It is been instrumental in improving our lives and made the world far more democratic because anyone can buy anything today in exchange for a few pieces of paper.

Today,the poor can afford what even the rich found difficult in the past – foreign travel, for instance.

It is one of the major energies of the world, along with sex, although in many cases, the two go together. Even remote tribal who still live in a moneyless world feel the force of money when outsiders use paper currency to buy their land and are granted the right to fell their forests.

So, what do we do? Make money, spend it and enjoy it. In the meantime, it is vital to recognize our relationship with money and how it colors our relationships with others, including those most dear to us. Money is not a piece of printed paper, it has acquired enormous emotional connotations and psychological hues.

Money spells power, control, comfort and security. Fawning friends and the envy of peers makes having money even more satisfying . It gives us a sense of superiority.

Sometimes it seem as if a man’s most enduring love affair is with money, his own money and that of others.

it is an obsession, almost an occult possession by another entity. In its pursuit, men and women can become ruthless, even evil.

Rich men use money to cheat death by trying to buy immortality . some of the foundations they run have less to do with compassion and more to do with their personal wish to perpetuate their names. It’s extremely rare for anyone voluntarily to give up money and power. Andrew Carnegie (Nov25,1835 – Aug 11,1919) was that rare individual. He wondered “what to do with the enormous wealth we have” and wrote that surplus wealth could be disposed off in three ways

  1. Left it to the family
  2. Bequeathed (willed) for a public purpose
  3. Administered in one’s lifetime

Traditionally, people opt for for one of the first two but Carnegie concluded that an individual should “ set an example of unostentatious living; provide moderately for the legitimate wants of those dependent upon him: and, after doing so, to consider all surplus revenues which come to him simply as trust funds” to be used for the good of the community. The man of wealth then becomes a trustee and agent for his poor fellowmen.

Carnegie knew all about poverty. He was born in a one-room cottage in Scotland. His family emigrated to America, where he took up his first job at 13 years in a cotton mill. In a classic rags-to-riches story, he built a profitable empire of steel (which later became US Steel) and became the world’s second richest man, after Rockefeller. After some time, Carnegie sold his company and devoted the rest of his life to philanthropy, building more than 3000 libraries, schools and universities in America. He wrote: “The man who dies rich dies disgraced”. By the time he died, he had given away the bulk of his vast fortune.In India JRD Tata did something similar.

Money can bring us joy; it can bring us misery; it can buy us attention, isolate us; binds families or split them. Everyone have to understand money, build a healthy relationship with it, realize its true value and purpose.

Thanks Sunday Times.

I feel In India, we have more Philanthropists. N R Narayana Murthy and Nandan Nilekani come to my mind immediately.

Govt budget alone can not bring in welfare to all the citizens in any country. The rich and the Corporate have a duty to contribute MORE to the Nation.

File your IT return

You (individuals) are supposed to file your Income Tax return every year before July 31st.

Now you are filing the return for the financial year 2008 – 09.(for the earnings from 1st April 2008 to 31st March2009)

The assessment year is 2009 –10.

No document (even TDS certificate) should be attached to the form.

Income Tax Returns can be filed

1 In paper form using ITR 1 to ITR 4

2 Electronically under digital signature (online)

3  Electronically (online) then submitting the verification of the return in Form ITR – V

click here for E filing

SIP >> Systematic Investment Plan

Did you benefit from the record rise on ‘Golden Monday’ post election results?

Popular belief is that most of the investors could not benefit from this rally as more often than not,

investments are guided by feeling of greed and fear.

Remember, an investor’s worst enemy is not stock market, but his own emotions.

Only those investors

who remained invested throughout the turbulent period


invested when market sentiment was at its ebb


continued with their Systematic Investment Plan (SIP) have eventually benefited.

I would like to reiterate,

"It is not timing the market, it’s time in the market that is important".

Wealth isn’t something to admire. It is something you create.

Think of each SIP payment as laying a brick. One by one, you can lay the foundation for secured financial future.

Jun 17, 2009

Reliance Infrastructure Fund

The big question is 

Is it RIGHT TIME to invest in infrastructure NOW ?

Yes. one may invest in this Reliance Infrastructure NOW.


  1. It is NFO (New Fund Offer). units are allotted at Rs 10 with applicable load.
  2. It is Infrastructure. when India Grows Infrastructure Grows and vice versa.
  3. Mutual Funds, Insurance Companies, Corporate, FIIs and HNI Investors are waiting in the sidelines to invest in Indian Market so there seem to be no correction in sight.
  4. Political stability. Immediate priority of the new Government being revival of economic growth.
  5. Lower cost of Debt envisages Liquidity.
  6. Valuations of Infra companies reasonable even at this level.
  7. I personally feel every NFO is opportunity to save and a step to build a corpus on long term goal.
  8. Invest now and hold it at least for 3 years.


Jun 8, 2009


I enjoyed reading these. It motivated me.
"Every moment, every situation, Every issue and every concern
has a positive side. Find it and bring it to life ...."

"If a drop of water falls in lake there is no identity.
But if it falls on a leaf of lotus it shines like a pearl.
So choose the best place where you would shine…"

"Live, like a river, cutting a new path whenever it meets an obstacle."

"Opportunities multiply as they are seized; they die when neglected.
Life is a long line of opportunities."

"Use Boredom to self analysis, it will lead you to inspirational ideas."

Equity Investing

I do Hope, you all will agree that you cant spend all the money you earn.
Everyone must save some portion of their earnings. Right?
where and how is the big question.
Multiplying the money is great art.
Intially you may take help from an Investment Advisor.
You get fixed risk free returns (approx 8 to 11 %) from

  1. Bank Deposits
  2. Company Deposits
  3. Post Office Schemes
  4. PPF

Here your money gets doubled in (approx) in 8 years.

But you also have to look for some variable returns with some risk.

That is equity trading or share trading where your money MAY get doubled in 3 months ALSO.

also there may be notional loss.

to be continued

May 3, 2009

NPS New Pension System - review

NPS – New Pension System.

The very name – NPS - is having different expansions.


As per Times of India it is NATIONAL PENSION SCHEME.

As per majority of public it is NEW PENSION SCHEME.

Most of the charges are FIXED not percentage on subscription. so if you start with minimum subscription you lose more on charges.
At any point of time you can not come out of the pension scheme by foreclosing. (that is you cant withdraw 100 %).
No scheme without an Advisor or Agent ( how ever you call them) to canvass will succeed.
more to come.

Please correct me if am wrong.

Click Here to know more about Scheme

May 2, 2009

NPS: New Pension System

The Govt of India introduced attractive new Pension scheme.

It is effective from 1st May 2009.

Anybody can invest in this scheme.

It is similar to the scheme for Central Govt Employees which gave a return of 14.5% in 2008 – 09.

for details click

Apr 17, 2009

'BREATHING' a minute please

I would like to share this article which i read from The Times of India.

Excerpts from the High Value ‘Breath Taking’ article.

Teachings of His Holiness Sri Sri Ravishankar Founder ‘The Art of Living’

Health is having a disease free body, a quiver free breath,

a stress free mind, an inhibition free intellect,

an obsession free memory, an ego that includes all

and a soul that is free from sorrow.

The holistic approach of well being includes exercise, breathing and meditation.

Breath is synonymous to Life. Our Life is our Breath, our breath is our life.

Breathing is the first act of life and it’s the last act of life.

In between, the entire life we are breathing in and out, but not attending to the breath.

Have you ever counted how many times you breathe in a minute?

In one minute we breathe nearly 16 to 17 times.

If you are upset it may go up to 20 and

When you are angry and tense it could go to 25.

It is 10 per minute when you are calm and happy,

2 to 3 if you are in meditation.

We are using only 30% of our lung capacity.

The mind is like a kite and the breath, a thread.

For the mind to go high the breath needs to be longer.

Your Breath gives enormous energy.

Smile more in life. Don’t take things too seriously.

Apr 11, 2009

Do you Know

The zero point.
Do you know,
In Chennai, where from the distances measured ?
It is from the Middle of the Muthusami Iyer Bridge.
The one that connects Island Ground and Fort Station.
it is from here that all distances are measured.
- thanks Times of India

Quote / Thought

Once the world economy regains growth, India's recovery will be much faster and steeper than the rest of the world.
- Subba Rao D RBI Governor

Apr 9, 2009

Gold ETF

NAV of Gold Exchange Traded Funds has dropped 9 % in March.

Gold is Good Investment in the long term, say 'more than 3 years'.

The return from Gold is above inflation and also beaten gains from other asset class in the long run.

At present There are 5 Gold ETFs being traded in India.
Their 52 week High and Low

Benchmark Gold ETF----1574 / 1076
Kotak Gold ETF --------1560 / 1077
Quantum Gold ETF------ 785 / 512
Reliance Gold ETF -----1507 / 1095
UTI Gold ETF ----------1550 / 1007

Quantum Gold ETF 1 unit is approximatly equal 1/2 gram of Gold others 1 gram.

Experts beleive,One should have minimum 15% of their investment in Gold at any time.

SBI Mutual Fund has come out with GOLD ETF NFO.
NFO closes on 28th April 2009

Apr 8, 2009


Gold Exchange Traded Scheme NFO from SBI
SBI Mutual Fund launches SBI Gold Exchange Traded Scheme.
GOLD ETF (Gold Exchange Traded Fund) is the convenient way to invest in Gold.
That too through a NFO is a great opportunity.
SBI GETS offers you an innovative, cost-efficient and secure way to invest in GOLD
(You hold it in a secure and convenient demat form)
SBI GETS Fund Facts:
One unit of SBI GETS would be equivalent to approximately one gram of physical Gold.
Minimum initial investment is Rs. 5000/- with no upper limit.
SBI GETS units can be easily traded like a security on the National Stock Exchange.
The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold.
However the performance of the scheme may differ from that of the underlying asset due to tracking error.

You need Demat account to invest.
Don't Miss.
NFO closes 28th April '09

UTI Wealth Builder II

UTI Wealth Builder Fund - Series 2
It is a rare mutual fund scheme with a combination 3 different asset class.
Its holdings are spread in Gold, Equity and Debt.
It was launched on 19th Nov'08.
Fund Manager Mr. Harsha Upadhyay B.E., PGDM, CFA
NAV as on 6th April '09 is 11.27.
Minimum Investment Rs 5000.
Objective is capital appreciation by diversified investing in Equity,Gold thro Gold ETFs and Debt and Money Market instruments.

Mar 16, 2009


Everything has a Beginning, share trading too . . . .
So start investing in shares.
Is it the right time? Million doller qestion . . . .
you cant time the market. no one can.
but markets are relatively in a lower level it is better to enter now.
Invest 30% of your available cash at any point of time. Keep cash to buy at a lower level.
You need not attend any class.
  • All you need is a Demat Account and a Trading Account with a Broker .
  • DEMAT is short form for dematerilaisation.
  • Means dematerialisation of physical certificates.
  • Shares will be in electronic form only.
  • Shares can be bought in stock exchanges thro a Broker.
  • Also, thro IPO (intial public offer) one may buy shares.
  • Contact any Bank Branch or a Share Broker office to open the accounts.
watch out for the rest

Mar 8, 2009

Who is for PEACE

General Pervaz Musharraf opined
"Muslims in India are alienated and this is one of the reasons for terrorism"
during the India Today Conclave at New Delhi.
Mr Mehmood Madani member of Rajya sabha and
leader of jamat-e-Ulema-i-Hind said the following bluntly.
Indian Muslims are capable of solving their problems.
We dont need your advice.
Dont try to alienate Indian Muslims by your remarks here or in Pakistan.
Your country or you need not bother about the condition of Muslims in India.

Population of Muslims in India is more than the total population of Pakistan.
- Thanks Yahoo News

Mar 7, 2009


Please Vote in the coming Parliment Elections.
In India voting is voluntary.
In some countries such as Argentina, Australia, Belgium and Brazil it is compulsory.
Voting is your right to appoint your representative in the Government.
Dont miss it. Please vote.


NASA launched "KEPLER SPACECRAFT" on 7th March'09.
Kepler Mission will search for EARTH like Planet.
It will use a space photometer for the search.


Brain also needs Rest.
Anything that labours, be it a machiine or a body part, needs rest to survive and function properly.
the Brain is no exception, yet it rarely gets any rest.
Even during sleep the other body parts only get rest, the brain continue to process data and repair the body's damages.
trataka only can ensure almost no work for brain during the duration of this practice.
  • Sit cross-legged with the spine erect
  • place a lighted candle at eye level and at an arms distance
  • ensure that there is no wind to blow out the flame
  • close your eyes and sit still
  • concentrate on your breath for a minute or so
  • keep it natural
  • open your eyes and gaze at the brightest spot of the flame
  • continue gazing without blinking for 2 - 3 minutes
  • after that close your eyes gently
  • you will be able to see the clear after-image of the flame
  • concentrate on it till it fades
  • repeat the process 3 times, each round should be 5 minutes
  • in the end, rub your palms till they are warm and gently place them on the closed eyes
  • repeat 3 times
  • this will remove the tiredness from the delicate optic nerves

Doing trataka with a bright object like the candle flame for more than a month is not advisable.Use some other object such as a black spot or an image of your favourite deity.

Thanks 'Times of India'



"You Must be the Change, You wish to see in the World"
- Gandhiji


-Dr Amartya Sen
(when talking about recession)

Mar 3, 2009


Close Ended Money Back Policy (Plan196)

Policy Term : 9 years & 12 years
Premium paying term : 9 years only
Minimum Sum Assured : 50000/-
Maximum Sum Assured : No Limit
Survival Benefit : once in 3 years
Guaranteed Addition : Rs 65 per 1000 SA per year for 9 year term
Rs 70 per 1000 SA per year for 12 year term
Loyalty Addition (variable) : there will be a loyalty addition on maturity
Probably Rs 200/ for 9 year term and
Rs 400 for 12 year term
Tax Advantage : Premium eligible for tax rebate under sec 80 C
Returns Tax Free under sec 10 (10 D)
Benefits Illustration
Age of LA : 30 yrs
Term : 12 yrs
Premium Paying Term : 9 yrs
Sum Assured : Rs 200000
Annual Premium : Rs 31062
Survival Benefit
End of 3rd year (Guaranteed) : Rs 20000
End of 6th year (Guaranteed) : Rs 40000
End of 9th year (Guaranteed) : Rs 60000
Maturity Benefit
End of 12th year (Guaranteed) : Rs 248000
Loyalty Addition (variable) : Rs 80000
(LA calculated approximately at Rs 400/- per 1000 for 12 year term)

Scheme closes on 31st March 2009. Hurry. Invest and enjoy guaranteed benefits
Shanmuham S call 98412 87024 mail blog

Feb 8, 2009

ELSS - Tax Planning MF Schemes

NAVs of Some of the Mutual Funds ELSS schemes for ready reference.
Sundaram Tax Saver 22.90
Fidelity Tax Advantage 9.44
Franklin Tax Shield 94.52
HDFC Tax Saver 93.31
Reliance Tax Saver 9.43
HSBC Tax Saver 7.14
ICICI Pru Tax Plan 9.78
NAV as on 6th Feb'09


"When you are Sinking, become a submarine"
Good Quote also a title of a book.

TATA Capital NCDs

Public Issue of TATA Capital Ltd
Secured Non-Convrtible Debentures
Issue Open from 2nd Feb to 24th Feb.
Interest Rate
12 % p a. for annual interest payment.
Minimum Rs 10000/-
Demat form only.
Minimum Investment Rs 10000/- and in multiples of Rs 1000/- thereafter.
For Monthly interest option minimum investment Rs 100000/-
NCDs would be listed in NSE.

Manage Anger

Read in Times of India.

Tips to Manage Anger

  1. Relax. Think of a place or a time that you particularly enjoy.

  2. Counting from 50 backwards decreases the intensity of unwanted emotion.

  3. Laugh often and watch movies that tickle your funny bone.

  4. Dont jump to conclusions. Listen to others.
  5. Above all Have a Healthy Diet

Thanks Seema Hingorrany and Times of India.

Temper is the one thing you can't get rid of by losing it.

TATA capital NCDs

TATA Sons promoted company TATA Capital came out with a public issue of


Interest Rate (called coupon rate)

11% for monthly option. (Min investment Rs 1,00,000/-)

11.25% for quarterly option.

12% for annual and cumulative option.
Minimum Investment Rs 10,000/- and in multibles of Rs 1,000/-
( face value Rs 1,000/-)
No TDS on interest payment.

Term 5 years ( option to redeem after 3 years)

will be traded in the NSE.

Feb 1, 2009


Read somewhere,
"I absolutely love doing what i do now."
when ever you do something , never make it a routine. love doing it. Create a passion for it.

Jan 14, 2009


14th Jan Closing
SENSEX 9370.49 up by 299 points
NIFTY 2835 up by 90 points
Sensex High 9412.97 Low 9202.57
Nifty High 2853 Low 2748

on 14th Jan 2008: Sensex 20278 Nifty 6207

Jan 10, 2009

Deposits - Do you know

If you start saving Rs 1,00,000 from age 28 to age 58
30 years,

The RETURN at a minimum of  8% pa will give you a return of Rs.1,22,34,586/-
(thanks excel - micro soft).

you may save upto Rs 1,00,000/- pa under sec 80 C, save till your retirement. 

feel very little ???
Imagine the return at 15% 


9th Jan Closing 

SENSEX 9406 Down by 180 points
NIFTY   2873 Down by 47 points

Sensex High 9630 Nifty High 2930
Sensex Low 9251 Nifty Low 2810

Satyam closing Rs.23.75 (pre close 40.99) 


7th January 2009 what a day for Markets.
Ramalinga Raju Promotor Chirman confesses to Inflated Revenues and  Profits over several years and  resigns.
Rs 7000 cr lie - India's bigest corporate scam

7th Jan Closing
SENSEX 9587 down by 749 points
NIFTY 2920 Down by 192 points

Satyam 7th Closing Rs 39.90 (pre close 179.10)
Satyam 16th Dec 2008 Closing Rs. 226.50. 


6th Jan Closing
SENSEX 10336  up by 60 points
NIFTY 3113  down by 9 points

DLF closed at 278.50 (previous close 295.95) at NIFTY.
Satyam Computer closed at 178.95 (pre 167.15) 


5th Jan Closing
SENSEX 10276 up by 317 points
NIFTY 3122  up by 75 points

Sensex crossed the 10000 mark.

Jan 2, 2009

Jeevan Aastha

LIC's Jeevan Aastha (Table 195) 
is a Single Premium Plan with Guaranteed Addition.
Loyalty Addition also there at maturity.

5 and 10 years.

Single Premium.

Minimum and Maximum Age at Entry:  
13 years and 60 years.

Maturity Benefit:  
Maturity Sum Assured with guaranteed Addition and Loyalty addition, if any.

Guaranteed Addition: 
Rs 100 per Thousand of Maturity Sum Assured 10 year term and Rs.90 for 5 year term.

Basic Sum Assured: 
1,50,000 minimum and in multiples of Rs 30,000/

Maturity Sum Assured: 
1/6 th Of Basic Sum Assured.

Benefits for a BSA of Rs 1,50,000/
5  year term Rs 36,250 + loyalty addition
10 year term Rs 50,000 + loyalty addition

how it works:  (GA X MSA X Term) + MSA. (5 year term)
                          (90 X 25 X 5)  = 11,250 + 25,000

5 year term 
26108/- for 13 years, 26198/- for 25 years, 26265/- for 35 years.
26663/- for 45 years, 27825/- for 55years.

10year term
24668/- for 13 years, 24773/- for 25 years, 24938/- for 35 years.
25635/- for 45 years, 27495/- for 55 years.

Scheme opened on 8th Dec'08. 
Open till 21st Jan'09 only.


2nd Jan closing
SENSEX 9958 (55) 
NIFTY  3047 (13)

Sensex High 10070  Nifty High 3080
Sensex Low 9864     Nifty Low 3022


1st Jan '09 Closing
SENSEX  9903 (256)   NIFTY 3033 (74)

Intraday High: Sensex  9921.70 Nifty 3039.25
Intraday Low:  Sensex  9711.60 Nifty 2963.30

ONGC closing 684.80