Monday, April 11, 2011

NFO : RELIANCE DUAL ADVANTAGE FIXED TENURE FUND I - PLAN J

RELIANCE MUTUAL FUND presents " RELIANCE DUAL ADVANTAGE FIXED TENURE FUND I - PLAN J"


Reliance Dual Advantage Fixed Tenure Fund I - Plan J is a closed ended income scheme which intends to invest 80% - 95% of its assets in Debt Securities & Money Market Instruments and 5% - 20% in Equity & Equity Related Instruments.

NFO Opening Date: 11th April,2011
NFO Closing Date: 25th April, 2011

Tenure: 3 years

The funds intend to provide the fixed income oriented long term investor, the dual advantage of stability in investments along with the added advantage of earning returns relatively higher than a typical fixed investment.

While the debt portion offers potential for higher accruals in the current market situation with a reduced interest rate risk, the equity portion of the portfolio would seek to benefit from the higher growth potential given the 3 years holding period.

Thursday, April 7, 2011

Investment Strategy-HSBC MIP

HSBC MIP (An open-ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus).

In HSBC MIP, a large portion of the fund is invested in debt and money market instruments and the rest in equity & equity related instruments. It gains from the debt market when the interest rate

scenario is good and rides the equity market when the equity market is bullish.

Axis Dynamic Bond Fund- NFO

Axis Mutual Fund has launched Axis Dynamic Bond Fund- NFO (An Open Ended Debt Fund)

 

NFO Open's on :- 6th April'2011

NFO Close's on :- 20th April'2011

 

Please find attached herewith Sub Broker Slab, KIM & Presentation for the same.

 

Revised rate of interest in PNB Housing Finance w.e.f 01 April'11

Revised Rate of Interest in PNB Housing Finance Fixed Deposit Scheme w.e.f 01 April'11 as follows:

 

Period

ROI (%)

12M

9.00

24M

9.00

36M

9.50

48M

9.50

60M

9.50

72M

8.75

84M

8.75

 

Additional interest rate of 0.50% is for Sr. Citizens in each rate slab

 

 

Monday, April 4, 2011

Launch Intimation: ICICI Prudential FMP Series 54 1 Year Plan C

ICICI Prudential FMP Series 54 - 1 Year Plan C with following features:

 

Tenure

371 days

NFO Period

5th April to 11th April

MICR cheques

Till end of business day on 7th April

RTGS and transfer cheques

Till end of business day on 11th April

Switches

Till cut off time(specified for switch outs in the source scheme) 11th April

Tentative Date of Allotment

13th April 2011, Wednesday (Ops to confirm)

Date of Maturity

18th April 2012; Wednesday

Option to be launched

Cumulative and Dividend Payout- Default Sub Option - Cumulative

Entry / Exit Load

Nil

Minimum Application Amount

Rs.5000 and in multiples of Re.10 thereafter

Liquidity

To be listed

Benchmark

CRISIL Short Term Bond Fund Index.

 

Sunday, April 3, 2011

Revised Brokerage Rate in Shriram Unnati Fixed Deposit Scheme

Revised Brokerage Rate in Shriram Unnati Fixed Deposit Scheme w.e.f 01 April'11:

 

Period

Yearly ROI(%)

Cumulative Yield (%)

Minimum Amount

12 M

9.25

9.25

25000

24 M

9.75

10.23

36 M

10.75

11.94

48 M

10.75

12.60

60 M

10.75

13.32

 

"Shriram Transport Finance Company Limited is India's largest player in commercial vehicle finance that was established in the year 1979.The company has a network of 484 branches and service centers.We are one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs)".......

for more see attachment........

 

Form Attached

 

Banking In Axis Bank with A/c No: 230010200011635 & CMS Code: STFCDEB & Send Pay-in-Slip with Application form to us(Delhi HO).