Save Today For A Better Tomorrow – Be Moneywise

Save Today For A Better Tomorrow – Be Moneywise

Posted by Sumathi in Moneywise on 11 25th, 2008 | no responses

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Fund Performance Chart

Type of Fund- Tax Saving Equity Linked Saving Scheme

The below table represents the Net Asset Value and Returns that have been associated with the Funds . The best performing Fund in this category is Magnum Tax Gain Growth Fund whose 5-year growth has been at a stunning 32.41%

S.No	FUND NAME	NAV	Returns %
S.No	FUND NAME	6/11/2008	3-Year	5-Year
1	Birla Sun Life Tax Relief ‘96 – Dividend	47.69	4.46	15.3
2	Franklin India Tax shield – Growth	103.37	7.33	20.08
3	HDFC LT Advantage Fund – Growth	66.14	1.12	22.07
4	HDFC TaxSaver – Growth	104.84	3.62	25.15
5	ICICI Pru Tax Plan – Growth	59.23	-2.66	19.03
6	LICMF Tax Plan – Growth	17.43	-2.19	5.71
7	Magnum Tax gain – Growth	32.15	6.21	32.41
8	Principal Personal Tax Saver	51.74	5.36	17.92
9	Reliance Tax Saver – Growth	10.21	N.A	N.A.
10	Sundaram BNP Paribas TaxSaver – Growth	25.35	13.76	26.89
11	Tata Tax Saving Fund	28.61	-0.03	14.92
12	UTI Equity Tax Savings Plan – Growth	22.35	0.04	13.71

Capital Market – Offers and Services

a) Services

In this section we intend to bring to you some of the capital market services provided by the various corporate Corporate.

This week the highlight is the Equity Trading and Demat Services from Reliance Money which is brought to you by TradeWise.

This is a 3-in-1 facility where you can access your Banking, Trading and Demat Account through Single Window and transfer funds across accounts seamlessly at very cost effective rates and lowest transaction fees.

No Brokerage. No hidden costs.

You can trade for an amount of Rs.1 Crore by just paying a facilitation fee of Rs.500/- valid for 2 months. Simple procedure for registration at your door steps.

Utilize our tips for trading and Offline Trading Services through TRADEWISE.

b) Fund Offer

UTI WEALTH BUILDER FUND – SERIES II – RETAIL PLAN

Issue Open 21-Oct-2008 Issue Close 19-Nov-2008

Scheme Objective

UTI-Wealth Builder Fund – Series II, is an open-ended equity oriented scheme. The objective of the Scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments along with investments in Gold ETFs and Debt and Money Market Instruments.

Mutual Fund Family UTI Asset Mgmt Company Pvt. Ltd

Fund Class Equity Diversified

Fund Type Open-Ended

Investment plan Dividend / Growth

Fund Manager Harsha Upadhyaya

Entry Load 2.25%

Exit Load 1.00%

Comment Entry load – 2.25% for Investment less than Rs 2 crore. Exit Load: 1.00% for Investment less than Rs 2 crore, if exited on or before 365 days from the date of closure of the offer period and 0.50% for Investment above Rs 2 crore if exited on or before 365 days from the date of closure of the offer period.

Image credit jenn_jenn