Month: November 2012

REC Tax Free Bonds

REC Tax Free Bonds Public Issue to open on 03 Dec 2012 REC Ltd. is coming with Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds of face value of Rs. 1,000 each in the nature of Debentures having tax benefits. The Tranche Issue by the issuer is of Bonds aggregating to Rs.1000 Cr with …

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Security Transaction Tax calculation in case of exercise options trade

Security Transaction Tax calculation in case of exercise options trade Many investors face problems in security transaction tax calculation while trading options. This is due to levying of security transaction tax in different scenarios. Scenario 1 :   Security transaction tax calculation will be done on premium of the option only  if the option is …

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Capital Protection Funds – What are capital protection funds?

capital protection funds Capital Protection Funds are meant to protect the capital of the investor and return at least the amount invested at the time of maturity.  This is achieved by investing the amounts in both debt and equity. While debt portion of the investment along with interest provides capital protection, equity portion provides the …

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No-frills demat account details

Features of No-frills demat account With the introduction of no-frills demat account small retail investors with an demat holdings of less than 50000/- need not to pay any annual maintenance charges. Currently, for small investors, demat maintenance charges range anywhere from 300-750. It varies from the financial institution/bank where demat account is opened.  No-frills demat …

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Reliance My gold plan review

Reliance My Gold Plan Review Reliance My Gold Plan Review – Reliance precious metals (Reliance Gold) in association with World Gold Council launched Reliance My Gold Plan.  To take the advantage of unorganized physical gold market reliance launched this scheme. Reliance My Gold Plan Review – Important features –  Each month amount is split into …

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Latest Fixed Maturity plans

Latest Fixed Maturity Plans Here you can find the list of latest Fixed Maturity Plans available for subscriptions. Fixed Maturity Plans are also Known as FMP. A fixed maturity plan(FMP) is a closed-ended debt scheme.  The duration of all the invested papers are aligned with the tenure of the scheme. Alignment of duration with tenure helps …

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