Product Updates

India has just 24.4 lakh taxpayers who declared an annual income of over Rs 10 lakh yet 25 lakh new cars, including 35,000 luxury cars, are being bought every year for last five years, a top official said.  A nation of over 125 crore people had only 3.65 crore individuals filing their tax returns in the assessment year 2014-15, the official said alluding to a huge number of individuals being outside the tax net.  "Of the 3.65 crore individuals (filing returns in assessment year 2014-15), there were only 5.5 lakh people who paid income tax of more than Rs 5 lakh and accounted for 57 per cent of the total tax kitty. This essentially means that only 1.5 per cent of those filing tax returns (3.65 crore) are contributing to 57 per cent of tax kitty," the official said.  A complete PC experience with Windows laptops. Ad Microsoft The tax returns when compared with car sales throw astonishing numbers, he said.  "Car sales on an average in last five years has been about 25 lakh

 

*Reliance Home Finance Ltd* NCD  Opens: 22nd Dec 2016 *Rating - AA+ CARE &BWR* Type Of Instrument: Secured & UnSecured Redeemable NCD Issue size - 1000+2500 cr *Secured: 3000 Crs* *Unsecured: 500 Crs* ISSUE Structure             3 yr.    5 yr.    10 yr.     15 yr-unsecured                                                                                 QIB.     8.70   8.90.   9.00.    9.25 Corp.   8.70.  8.90.   9.00.    9.25 HNI.     8.90.  9.05.    9.15.    9.40 Retail.  8.90.  9.05.    9.15.    9.40 Allocation  QIB - 30% Corp - 10% HNI - 30% Retail - 30%   You can download forms of Reliance Home finance Ltd NCD issue from following link    http://59.144.72.251/IPOPDFGenWeb/brokerOnly.aspx  

*Reliance Home Finance Ltd* NCD  Opens: 22nd Dec 2016 *Rating - AA+ CARE &BWR* Type Of Instrument: Secured & UnSecured Redeemable NCD Issue size - 1000+2500 cr *Secured: 3000 Crs* *Unsecured: 500 Crs* ISSUE Structure             3 yr.    5 yr.    10 yr.     15 yr-unsecured                                                                                 QIB.     8.70   8.90.   9.00.    9.25 Corp.   8.70.  8.90.   9.00.    9.25 HNI.     8.90.  9.05.    9.15.    9.40 Retail.  8.90.  9.05.    9.15.    9.40 Allocation  QIB - 30% Corp - 10% HNI - 30% Retail - 30%

 US Fed hikes key interest rate by 0.25% The US Federal Reserve on Wednesday increased its key interest rate by 25 basis points in the first rate hike in 2016 and just the second in a decade. The first was in December 2015. The Fed also released a new forecast on Wednesday and it projects US economic growth this year to be 1.9 per cent and next year to be 2.1 per cent, CNNMoney reported. Fed officials raised rates by 0.25 percentage points to a range of 0.50 per cent and 0.75 per cent. "Job gains have been solid in recent months and the unemployment rate has declined," the Federal Reserve said in a statement. The Fed slashed rates to zero in 2008 in the midst of the financial crisis and kept it there during the Great Recession and beyond. The rate increase indicate that the US economy no longer needs the Fed's crutches and consumers and businesses can afford to pay more to borrow. America has added jobs for 74 consecutive months and the country's unemployment rate ha

    13-Dec-16 IDFC BFSI Fund   Axis Corporate Debt Opportunities Fund 5-Dec-16 Principal PNB FMP Series B26 29-Nov-16 IDFC Fixed Term Plan- Series 128 to 133 28-Nov-16 Sundaram Arbitrage Fund 22-Nov-16 Reliance CPSE ETF 11-Nov-16 Sundaram Top 100 Series VI - VII   Sundaram Value Fund Series VII VIII 8-Nov-16 UTI-Capital Protection Oriented Scheme – Series IX 4-Nov-16 HSBC Capital Protection Fund - Series III (Plan I to IV)   Mirae Asset Dynamic Bond Fund   Mirae Asset Dynamic Bond Fund   Reliance Dada-Dadi Fund   Sundaram NIFTY 50 Equal Weight Fund.   Reliance Nivesh Lakshya Fund   Reliance Fixed Horizon Fund - XXXII 2-Nov-16 UTI

Reliance Home Finance Ltd NCD Tentative Dec 1 week Type Of Instrument: Secured & UnSecured Redeemable NCD Issue Size: 1000 crs + 1000 crs GS ( including 250crs of upper tier II ) Structure            3 yr.         5 yr.        10 yr.     15 yr                                                                             Unsec QIB.     8.25.        8.50.        8.75.    9.25 Corp.   8.25.        8.50.        8.75.    9.25 HNI.     8.35.        8.60.        8.85.    9.35 Retail.  8.35.        8.60.        8.85.    9.55 Allocation QIB - 30% Corp - 10% HNI - 30% Retail - 30% Above mentioned  details are tenative & subject to çhange if any.  Call 9891645052 for more details.

18 Nov 2016 02:12 PM | Source: PTI Reliance Home Finance, part of  Reliance Capital , plans to raise up to Rs 3,500 crore through non-convertible debentures (NCDs). The company plans a public issue of secured redeemable NCDs aggregating up to Rs 3,000 crore and unsecured NCDs worth Rs 50,000 lakh totalling up to Rs 3,500 crore, draft papers filed with markets regulator Sebi showed. "The NCDs will be issued in one or more tranches subject to the shelf limit," it added. NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures. Proceed of the issue will be utilised for lending, financing, repayment of existing borrowings of the company and for other general corporate purposes. Reliance Home Finance, a 100 per cent subsidiary of Reliance Capital, provides a wide range of loan solutions like home loan, loan against property and construction finance. Parent firm Reliance Capital is pr

Mutual fund exposure in bank stocks hits a record at Rs 1,05,018 crore Mutual funds ramped up their allocation for bank stocks to a record high of nearly Rs 1,05,018 crore by Sep-end. Fund managers have been raising their allocation to banking since February. Prior to that, they had trimmed exposure to the sector between November and January due to higher bad loans.   In percentage terms, exposure to banking stocks was at 20.82 per cent of equity AUM in Sep . Equity fund managers' deployment in pharma stocks stood at (Rs 38,420 crore) followed by finance (Rs 38,321 crore), software stocks (Rs 38,192 crore) and consumer non-durables (Rs 30,290 crore).   Here is list of Equity Mutual fund's allocation in Different Sectors...!

6th gold bond tranche at discount, less interest The sixth tranche of the sovereign gold bond scheme will open from Monday, at yearly interest of 2.5 per cent, less than the 2.75 per cent of previous tranches. However, the bonds have been offered at a discount. "The issue price will be Rs 50 a gramme less than the nominal value," said the finance ministry. Earlier bond issues were at the nominal closing value of pure gold. The government said the Reserve Bank of India would issue the sixth tranche, the third this financial year, on November 17. Applications will be accepted from October 24 to November 2. "The tenor will be for eight years, with exit option from the fifth year to be exercised on the interest payment dates," it stated. All other conditions remain the same. The minimum permissible investment will be a gramme of gold, while the maximum subscribed by an entity cannot exceed 500g per person in a financial year. In the case of a joint holding, the

             

                                           Product Note on Varun Beverages Limited IPO     Company Varun Beverages Limited Profile Varun Beverages Limited is one of the largest franchisee in the world (outside USA) of carbonated soft drinks ("CSDs") and non-carbonated beverages ("NCBs") sold under trademarks owned by PepsiCo. Company produce and distribute a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water. PepsiCo CSD brands produced and sold by company include Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Mountain Dew Game Fuel, Seven-Up Nimbooz Masala Soda, Seven-Up Revive and Evervess. PepsiCo NCB brands produced and sold by Company include Tropicana Slice, Tropicana Frutz (Lychee, Apple an

*Why some people have all the Luck ?* By Professor Richard  Wiseman, University of Hertfordshire. Why do some people get all the luck while others never get the breaks they deserve? A psychologist says he has discovered the answer. Ten years ago, I set out to examine luck. I wanted to know why some people are always in the right place at the right time, while others consistently experience ill fortune. I placed advertisements in national newspapers asking for people who felt consistently lucky or unlucky to contact me. Hundreds of extraordinary men & women volunteered for my research & over the years, I have interviewed them, monitored their lives & had them take part in experiments. I carried out a simple experiment to discover whether this was due to differences in their ability to spot such opportunities. I gave both lucky and unlucky people a newspaper, and asked them to look through it & tell me how many photographs were inside. I had secretly placed a

   

*PNB Housing Finance Limited IPO update:* Anchor: 24-Oct-2016 Issue Opens On: *25-Oct-2016* Issue Closes On: *27-Oct-2016* Price Band: *INR 750 - INR 775* Bid Lot: *19 Equity Shares* & in multiple thereafter Discount to Retail Investors: *Nil* Discount to PNB HFC Employee: *INR 75 per share* *Issue Size: INR 3000 Crs* including reservation of 250000 Equity Shares for eligible employees of PNB Hosing Finance Ltd. Face Value: *INR 10 per share* Issue split: *QIB: 50% of Net Issue Size* *HNI: 15% of Net Issue Size* *Retail: 35% of Net Issue Size* *Indicative Timelines post issue closure:* Finalization of Basis of Allotment: *02-Nov-2016* Unblocking of Funds: *03-Nov-2016* Listing on BSE & NSE: *07-Nov-2016*

Recently Submitted Mutual Fund Draft with SEBI     5-Oct-16 IDFC Credit Opportunities Fund 4-Oct-16 Birla Sun Life Resurgent India Fund – Series 3, 4 & 5 23-Sep-16 HSBC Fixed Term Series 128 22-Sep-16 Mahindra Mutual Fund Badhat Yojana 21-Sep-16 ICICI Prudential Capital Protection Oriented Fund – Series XI 20-Sep-16 ICICI Prudential P.H.D Fund   ICICI Prudential PSU Bank iWIN ETF   ICICI Prudential Sensex Index Fund   ICICI Prudential Nifty Low Vol 30 iWIN ETF   LIC Dual Advantage Fixed Term Plan Series 4-6   Tata Twenty Equity Fund   HDFC Dual Advantage Fund - Series IV 16-Sep-16 Axis Fixed Term Plan Series 86-88 15-Sep-16 SBI-ETF Nifty Private Bank   Invesco India FMP - 29 - A to E   DHFL Pramerica Fixed Duration Fund   IDBI Midcap Fund 14-Sep-16 Birla Sun Life Fixed

NEW DELHI:  How does one become a crorepati? It's a question that remains dominant in the lives of almost all of us.  Many of us struggle throughout our lives to ensure that we can become one, and until and unless one is a big corporate honcho or high-profile businessman, such dreams remain a dream for the ordinary  middle class Indian .  That dream car, the dream house and the dream retirement elude us all, but they shouldn't. The answer to those dreams lies in the  equity market . To be more specific, the answer lies in systematic investment plans (SIPs) of equity mutual funds.  "If a retail investor invests in a diversified equity fund through a systematic investment plan over the long term, she/he can become a crorepati. For example, Rs 20,000 invested through a monthly SIP for about 15 years can grow to over Rs 1 crore, if you assume a rate of return of 12 per cent," Nimesh Shah, MD & CEO, ICICI Prudential AMC, said in an interview with ETMarkets.com.

Recently Submitted Mutual Fund Draft with SEBI     16-Sep-16 Axis Fixed Term Plan Series 86-88 15-Sep-16 SBI-ETF Nifty Private Bank   Invesco India FMP - 29 - A to E   DHFL Pramerica Fixed Duration Fund   IDBI Midcap Fund 14-Sep-16 Birla Sun Life Fixed Term Plan - Series OB to Series OK 9-Sep-16 L&T FMP – Series XIV   ICICI Prudential Multiple Yield Fund Series 12 6-Sep-16 ICICI Prudential Value Fund Series 9-12 25-Aug-16 HDFC Equity Opportunities Fund 4-Aug-16 Sundaram Smart CNX 100 Equal Weight Fund   Reliance Dual Advantage Fixed Tenure Fund – X ( Plan A to F) 3-Aug-16 Principal Small Cap Fund 2-Aug-16 HDFC Fixed Maturity Plans - Series 37 27-Jul-16 Axis Hybrid Fund Series 35-38 25-Jul-16 Birla Sun Life Dual Advantage Fund Series 2 and 3   DSP BlackRock Dual Advantage Fund -

*Home Loan @ 0% Interest* *Do you know❔* -------------------------------  💢You can get back all your Home loan interest you pay through EMI's. *How❔* ------------------------------- 💢 If you avail Home loan of 10 lacs for 20 years with an interest rate 9.5% your..... Monthly EMI: Rs. 9,321.31/- Principal Amt : Rs. 10,00,000/- Interest Payable : Rs. 12,37,144/- Total Amt Payable: Rs.22,37,115/- ------------------------------- 💢 Now to get back your interest you just have to keep aside 0.10% of your home loan amount. ie 0.10% of 10,00,000/- is 1,000/- per month till the tenure of your home loan. *Start an SIP Till the tenure of your home loan with the amount you are keeping aside. (ie Rs. 1,000/-)* ------------------------------- 💢what will be value of Rs. 1,000 pm @15% if invested through SIP❔ After 20 years➡  Principal Amt: Rs. 2,40,000/- Value@ 15%: Rs. 14,97,239/- ------------------------------- In Home Loan you pay an Interest of Rs. 12,37,144/

How much do you need to save for retirement? Finding out how much you'll need to save for retirement is fast and easy! Download excel file from below mentioned link and answer just a few quick questions and we'll tell you where you stand today and how much you'll need to save to reach your retirement goals. http://productupdatesforclients.blogspot.in/p/httpsdocs.html?m=1 Need help? Call 989165052

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INDIABULLS HOUSING FINANCE LIMITED NCD : Issue Opens on 15th Sep Mode of the issue: Public Issue Type Of Instrument: Secured & Un Secured Redeemable NCD Issue Size: 3500 Cr + 3500 Cr Rating: CARE AAA, BWR AAA *Interest Rate & Frequency for Secured NCD* 3 Years:   8.70% Annual                  8.70% Cumulative 5 Years:   8.90% Annual                  8.90% Cumulative 10 Years: 8.65% Monthly                  9.00% Annual                  9.00% Cumulative *Interest Rate & Frequency For Un Secured NCD* 10 Years: 8.79% Monthly                  9.15% Annual                  9.15% Cumulative .10% Extra Interest to Sr. Citizen Benefit. Interest On Application Money: As Per Effective Yield Interest On Refund: 6% Face Value: 1000 Min Application: 10000 Proposed Listing on BSE Physical and Demat mode Issue Closing Date: 23rd Sept 2016 Link to download application form : http://59.144.72.251/IPOPDFGenWeb/brokerOnly.aspx

Recently Submitted Mutual Fund Draft with SEBI     9-Sep-16 ICICI Prudential Multiple Yield Fund Series 12 6-Sep-16 ICICI Prudential Value Fund Series 9-12 25-Aug-16 HDFC Equity Opportunities Fund 4-Aug-16 Sundaram Smart CNX 100 Equal Weight Fund   Reliance Dual Advantage Fixed Tenure Fund – X ( Plan A to F) 3-Aug-16 Principal Small Cap Fund 2-Aug-16 HDFC Fixed Maturity Plans - Series 37 27-Jul-16 Axis Hybrid Fund Series 35-38 25-Jul-16 Birla Sun Life Dual Advantage Fund Series 2 and 3   DSP BlackRock Dual Advantage Fund - Series 49-53   DSP BlackRock Children’s Gift Fund   DSP BlackRock Healthcare Fund 13-Jul-16 SBI Dual Advantage Fund XIX to XXI   SBI Debt Fund Series B – 46 to 50 1-Jul-16 HSBC Fixed Term Series 127 (HFTS 127)   Sundaram Fixed Term Plan-HS-HU 29-Jun-16 Kotak MF –