Archive for December, 2011
NHAI Tax Free Bonds Yielding 8.30% p.a.
The latest public issue of bonds is from National Highways Authority of India (NHAI) which has come up with tax free and secured redeemable but non-convertible bonds. Each bond comes with a face value of Rs. 1000 each. This is the Tranche 1 bond issue from NHAI and we can expect more similar tax free [...]
Muthoot Finance NCD December January 2012
After their last NCD issue Muthoot Finance has come up with another public issue of Secured Non-Convertible Debentures (NCDs). This issue is open on from December 22, 2011 and will close on January 7, 2012. The total issue size being Rs. 3000 million. According to the issue details one can actually double their investment in [...]
Types of Mutual Funds in India
Mutual Funds have come a long way since its launch in India in 1963 by UTI. And with the entry of private players in mutual funds in 1993, it has surely witnessed a great turnaround in India with over 50+ of AMCs managing various mutual fund schemes in India. The first mutual fund in India [...]
India’s First Reliance Mutual ATM Card
In what could be termed as the first of its kind ever in India, Reliance Mutual Funds has launched the first ever ATM Card linked to your mutual fund that you have with them. This card is brought in association with the HDFC Bank With this ATM card you can all that you do [...]
