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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 –

Frequently Asked Questions : 1. What is the PPF Scheme? Public Provident Fund (PPF) scheme is a long term investment scheme backed by the Government of India, framed under the Public Provident Fund Act, 1968. It offers safety with attractive interest rate and returns that are fully exempted from Tax. 2. Who can open account under PPF scheme? a. Individual or individual as guardian of a minor can open the account. (account cannot be opened in Joint names). b. Only one account can be opened by an individual in his/her own name. 3. Who cannot open PPF account? a. HUF are not eligible. b. Non Resident Indians are not eligible. 4. What is the Limit of Subscription to a PPF account? Minimum subscription of Rs.500/- and maximum of Rs.1, 50,000/- can be made in lump sum or in 12 instalments per financial year. (The subscription limits stands enhanced to Rs. 1,50, 000/ per year w.e.f. 23.08.2014) 5. When does a PPF account mature and can PPF account

Taxation :  Sovereign Gold Bond Scheme  vs Physical gold  Tax Changes in Sovereign Gold Bond Scheme :  There have been some important changes made in taxation to make the Sovereign Gold Bond Scheme lucrative. These changes are made in FY 2016-17 Taxation in case of Sovereign gold bonds : Taxation in case of Redemption/Sale – Sovereign gold bonds are subject to capital gains tax treatment from FY 2016-17 onwards and gains are tax exempt if these bonds are redeemed after 5 years. Moreover, if these bonds are sold on the stock exchanges after 3 years from the allotment date, indexation benefits can be availed to calculate your capital gain or loss. As per the Budget speech  "It is proposed to provide that redemption by an individual of Sovereign Gold Bond issued by Reserve Bank of India under Sovereign Gold Bond Scheme, 2015 shall not be charged to capital gains tax. It is also proposed to provide that long terms capital gains arising to any person on transfer of Sovereign Go

Taxation : Sovereign Gold Bond Scheme vs Physical gold  Tax Changes in Sovereign Gold Bond Scheme :  There have been some important changes made in taxation to make the Sovereign Gold Bond Scheme lucrative. These changes are made in FY 2016-17 Taxation in case of Sovereign gold bonds : Taxation in case of Redemption/Sale – Sovereign gold bonds are subject to capital gains tax treatment from FY 2016-17 onwards and gains are tax exempt if these bonds are redeemed after 5 years. Moreover, if these bonds are sold on the stock exchanges after 3 years from the allotment date, indexation benefits can be availed to calculate your capital gain or loss. As per the Budget speech  "It is proposed to provide that redemption by an individual of Sovereign Gold Bond issued by Reserve Bank of India under Sovereign Gold Bond Scheme, 2015 shall not be charged to capital gains tax. It is also proposed to provide that long terms capital gains arising to any person on transfer of Sovereign

Seven asset management companies, including ICICI MF and Reliance MF, today bid for managing the second CPSE Exchange Traded Fund (ETF) comprising stocks of PSUs in the current fiscal with an estimated corpus of Rs 6,000 crore. The other fund houses that bid for the CPSE ETF were HDFC, SBI, UTI, Kotak and Birla MFs, industry sources said. Sources added that ICICI MF had put in the lowest financial bid at 0.0095 per cent of the corpus, putting it at the front in the race to manage the second CPSE ETF. Sources said SBI MF and Reliance MF had scored the highest in technical bidding, but ICICI MF beat other fund houses in financial bidding which gave it the highest overall score in the bidding process. ICICI MF's bid is even below the 2 basis points, which is required to be kept for investor education fund as per Sebi regulations. The Government proposes to create and launch a new ETF in addition to the existing CPSE ETF, comprising stocks of listed CPSEs and GoI stake in o

SREI Infrastructure Finance Limited NCD Issue Update:* *Issue Opens On: 07-Sep-2016* Issue Closes On: 28-Sep-2016 *Allotment First come First Serve Basis* Issue Size & Allocation (with green shoe option): QIB: Rs. 200 Crs (20%) NIB: Rs.200 Crs (20%) Individual: Rs. 600 Crs (60%) Total: Rs. 1000 Crs (100%) Interest Rate for All Category: 9.35% p.a. for 3 Years (Monthly option) 9.75 %p.a. for 3 Years (Annual Option) 9.60% p.a. for 5 Years (Monthly option) 10.00% p.a. for 5 Years (Annual Option) Rating: AA+ Issuance: Demat & Physical NRI: Not allowed