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Archive for January, 2012

LIC Jeevan Ankur Child Plan Review

The latest plan introduced by LIC is this LIC Jeevan Ankur which is yet another child plan from them.  This plan was introduced from January 23, 2012 to general public.  According to them this plan protects your children during their growing up years and help them fulfil their education needs and other financial needs from [...]

Earn upto 8.15% with HUDCO Tax Free Bonds

After the Indian Railways Bond issue here’s yet another tax free bond from HUDCO (Housing and Urban Development Corporation).  This bond also comes with a face value of Rs. 1000 each  It is a redeemable, secured and non-convertible debentures which has income tax benefits under section 10(15).  Hudco is planning to raise up to Rs. [...]

The Indian Railway IRFC Tax Free Bonds

The Indian Railway Finance Corporation (IRFC) has come up with a tax free bonds issue from January 27, 2012.  These are tax free, redeemable, secured and non-convertible bonds.  They each come with a face value of Rs. 1000 each.  IRFC is planning to raise Rs. 6300 crore with this bond issue.   Issue Closes The [...]

Post Office Interest Rates 2012

Unlike the previous two years where the post office interest rates did not see much change there is a slight difference for this year 2012 where we did see some increase in interest rates for most of the schemes available at the post offices in India like their regular saving account, Time Depost, recurring deposit, [...]

Morgan Stanley Multi Asset Fund

After a long time here’s an NFO which features Equity, the Morgan Stanley Multi Asset Fund.  This is an open-ended debt fund which invests also in equity, debt as well as gold.  Hence it is a hybrid fund which is best suited for anyone looking to spread their investment in all 3 asset class at [...]