Our Research Recommendations Of Funds Of Different Categories April 2016 :

LARGE CAP	RETURNS
Fund Name	3 Yrs	5 Yrs	Since Inception
BIRLA SUN LIFE FRONTLINE EQUITY FUND - GROWTH	14.4024	12.0376	22.4619
ICICI PRUDENTIAL FOCUSED BLUECHIP EQUITY FUND - GROWTH	12.8451	11.2932	13.8577
FRANKLIN INDIA PRIMA PLUS - GROWTH	17.6042	14.3093	19.0858
FRANKLIN INDIA OPPORTUNITIES FUND - GROWTH	15.6039	11.0395	10.8305
SBI BLUE CHIP FUND - GROWTH	17.4887	14.3113	10.5813
UTI EQUITY FUND - GROWTH	14.4274	12.1742	15.0996
SMALL & MID CAP	RETURNS
Fund Name	3 Yrs	5 Yrs	Since Inception
FRANKLIN INDIA PRIMA FUND GROWTH	25.1007	19.7843	20.6120
UTI MID CAP GROWTH	29.3446	20.2356	16.0104
ICICI PRUDENTIAL VALUE DISCOVERY FUND - GROWTH	22.3347	17.4810	22.8928
SBI MAGNUM GLOBAL FUND - GROWTH	22.3963	19.1078	14.9513
FRANKLIN INDIA SMALLER COMPANIES FUND - GROWTH	30.5460	22.7159	14.1711
DSP BLACKROCK MICRO CAP FUND - GROWTH	33.2711	22.1156	17.6617
BALANCED	RETURNS
Fund Name	3 Yrs	5 Yrs	Since Inception
TATA BALANCED FUND - GROWTH	17.9670	15.2962	16.4622
FRANKLIN INDIA BALANCED FUND - GROWTH	16.2884	13.1740	14.3964
HDFC BALANCED FUND - GROWTH	17.2063	14.4376	16.3925
L&T INDIA PRUDENCE FUND - GROWTH	18.2332		13.9762
SBI MAGNUM BALANCED FUND - GROWTH	17.3976	13.4362	16.6545
LIQUID	RETURNS
Fund Name	3 Yrs	5 Yrs	Since Inception
HDFC LIQUID FUND - GROWTH	1.9110	3.8740	8.2705
ICICI PRU LIQUID PLAN DIRECT - GROWTH	1.9043	3.8584	8.2446
BIRLA SL CASH PLUS - DIRECT - GROWTH	1.9010	3.8568	8.2901
RELIANCE LIQUID - TP - DIRECT - GROWTH	1.9027	3.8556	8.2560
UTI LIQUID CASH PLAN - DIRECT - GROWTH	1.8738	3.8374	8.1862
ULTRA LIQUID	RETURNS
Fund Name	3 Months	6 Months	1 Year
BARODA PIONEER CREDIT OPP FUND-A(G)	1.6385	4.3819	9.7837
FRANKLIN INDIA LOW DURATION FUND(G)	1.9092	4.5203	9.3855
TAURUS ULTRA ST BOND FUND(G)	2.0363	4.2763	9.0695
DWS CASH OPPORTUNITIES FUND(G)	1.9900	4.2960	9.0681
JM FLOATER LONG TERM FUND-REG(G)	2.1141	4.3238	8.9251
BARODA PIONEER TREASURY ADV FUND(G)	1.7459	4.0004	8.8182
DWS ULTRA ST(G)	1.9038	4.0090	8.7523

LIC Jeevan Shikhar Plan :

This is a new single premium non unit linked life insurance plan which provides a life cover of 10 times the single premium in case of death and good returns ( better than current rate FD returns after paying tax ) on survival as maturity. The policy term for this plan is fixed at 15 years. This is available for purchase till 09th May 2016

Key features of this plan are :

Ø  High Risk Cover with single premium

Ø  Option to select Maturity Sum Assured (MSA) and premium will be based on that and age of insured

Ø  Guaranteed Return (MSA) + Guaranteed Loyalty Additions on maturity

Ø  Any time surrender option with relatively higher surrender value than other plans

Ø  Min Age At Entry 6 years and Max Age At Entry 45 years

Ø  Minimum Maturity Sum Assured is `100000 and above in multiples of `20000

Ø  Premium paid is eligible for tax rebate under section 80(C) of income tax

Ø  Maturity amount will be tax free under section 10(10D) of income tax

This is a good guaranteed return investment opportunity for high net worth individuals. We recommend to buy policy in the name of your children to get a higher Maturity Sum Assured for the Premium Paid

For more details visit LIC's site for the plan

http://www.licindia.in/LICs_Jeevan_Shikhar_Benefits.html

Sukanya Samriddhi Account :

To promote the welfare of Girl Child, Govt. Of India have introduced the Sukanya Samriddhi Accounts at all nationalized banks and some private banks and post offices

Salient features of the scheme are given below :

Ø  Rate of interest  is 8.6% Per Annum (w.e.f. 1-4-2016),calculated on yearly basis ,Yearly compounded.

Ø  Minimum deposit of `1000/-and maximum deposit of `1,50,000/- in a financial year. Subsequent deposit in multiple of `100/- Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year

Ø  A legal Guardian/Natural Guardian can open account in the name of Girl Child.

Ø  A guardian can open only one account in the name of one girl child and maximum two accounts in the name of two different girl children.

Ø  Account can be opened up to age of 10 years only from the date of birth.

Ø  Partial withdrawal, maximum up to 50% of balance standing at the end of the preceding financial year can be taken after account holder’s i.e. the girl child attaining age of 18 years.

Ø  Account can be closed after completion of 21 years.

Ø  If account is not closed after maturity, balance will continue to earn interest as specified for the scheme from time to time.

Ø  Normal Premature closure will be allowed after completion of 18 years provided that girl is married.

Ø  The investments made to this scheme is eligible for Tax Rebate under Sec 80C and the interest earned is completely tax free.

We highly recommend this product to all eligible girl child parents

For more details visit
https://india.gov.in/sukanya-samriddhi-yojna
https://en.wikipedia.org/wiki/Sukanya_Samriddhi_Account

How To Secure Your Future Financially:

One can plan and secure his or her future from financial point of view by following the basic steps mentioned below.

1.    Once you start earning inculcate a habit of saving. You need to remember that that your expenses will normally go on increasing as you move on with your life so one must start saving at an early age.

2.    Plan and monitor your expenses. Remember once you plan and control your expenses then only you can save

3.    The different mediums of savings could be as follows :

Ø  Start saving in Public Provident Fund ( PPF ) scheme this will also give you income tax benefit under section 80C and the interest income is also tax free. If you can save `.150000 in PPF each year for 15 years then you will get ` 4439810 considering the present interest rate of 8.1% PA

Ø  Start saving in SIP of Mutual Fund Investments or Selective Equity Schemes. Just for example assuming that you bought INFOSYS stock at the closing price on 30-12-2005 on the BSE, your gain today is 229.14%. if you had bought on the NSE, your gain would be 228.92%., this is considering for bonus and stock splits but excluding the dividends.

Ø  Do not let your money sit idle in savings bank at a 4% or 6% interest opt for a Sweep in account where the excess money is automatically converted into a fixed deposit and broken automatically in small units when the need arises, thus giving you a higher interest.

Ø  Plan to build an asset for example plan to take a home loan as soon as you are eligible and capable rather than staying in a rented house.

4.    Have adequate insurance cover to support your family in case of any unfortunate event.

5.      Do a proper financial planning and goal setting with expert advice and follow that plan