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WM Sharath
WM Sharath
WM Sharath
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Interest is calculated on the lowest balance between the fifth day and last day of the
calendar month and is credited to the account on March 31 every year. So to derive the
maximum, the deposits should be made between 1st and 5th day of the month.
The minimum deposit that can be made into a PPF account in a year is Rs 500. The
maximum is Rs 70,000.
Pros
å mowest risk possible
å Safe even in case of insolvency
å Tax rebate on money invested
å No tax on interest earned
å Good returns
å Flexibility of investment
Cons
å The interest rate keeps changing
å mengthy lock-in period
å Interest is calculated on the lowest balance
å mack of liquidity
Powerrid PO
Total shares sold 84.2 crore shares, 50 % fresh issue and rest divested by government
]
Meet capital requirements for the implementation of certain identified transmission projects.
The company is developing 13 transmission projects. The projects include projects for strengthening of
existing transmission lines or grids and projects for establishing new transmission lines connecting new
generating plants.
Vt the close of the IPO, Power Grid FPO got subscribed 14.5 times largely due to QII support:
å More than 95% of India·s inter-state and inter-regional electric power transmission
system
å Power Grid is the only transmission player which may enjoy a scarcity premium in
this business
å Government of India had allotted Navratna status to Power Grid in May 2008
The scheme will invest in debt and equity instruments. The allocation to equity and
debt will be determined by Pramerica Dart.
The tool takes into account three key factors that influence the markets - fundamentals,
volatility and liquidity and comes out with a score that tells how much of equity should
be held in the portfolio. This can range from 100-30% in equity depending on market
valuations.
]
The fund benchmark comprises 50% of Nifty and 50% of Crisil MIP Index.
p
To enjoy equity comparable returns at reduced volatility