Fwd: NEW! If you had missed a few of our best, here’s an update...

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Jun 15, 2011 at 12:10 PM
Subject: NEW! If you had missed a few of our best, here's an update...
To: palashbiswaskl@gmail.com

At a Glance   Money •Equifax launches new alert notifications •Barista Lavazza and Visa tie up for cash withdrawal •RBI to issue Rs500 notes packets in non-sequential order soon   Tax •I-T tribunal says individual investing in PMS to be taxed on capital gains and not business income   Financial Literacy •Reliance Securities plans to educate 1.5 lakh investors •SEBI body ties up with ICICI to offer PG course on markets   ULIPs •Max New York Life introduces 'Fast Track Plan'   Mutual Funds •JP Morgan Mutual Fund introduces JF ASEAN Equity Off-shore Fund •Sundaram MF introduces Capital Protection Oriented Fund 2 Years (Series 1)   IPO •L&T Finance Holdings' Rs1,750 crore IPO likely this month •SKIL files draft prospectus with SEBI for IPO   Fixed Maturity Plans •Kotak Mahindra MF floats 24 months fixed maturity plan •Baroda Pioneer Mutual Fund unveils 90 days fixed maturity plan •ICICI Pru MF introduces Fixed Maturity Plan-Series 55-1 Year Plan H       From the Moneylife Archives   Mutual Funds Funny Scale Several funds are benchmarked to obscure indices, making it impossible to measure their performance How do we know whether a fund is doing well or not? No, it is not based on the absolute returns that a fund earns. It is based on relative returns.   Earning curve How Long Is Long Term? Looking for a stock for the next decade? It makes no sense   Insurance ULIPs: No child's play Investing in ULIPs (Unit-linked Insurance Plans) to provide for your child? It might not be a good idea It bothers me to see so many plans for children being floated by insurance companies. They lure you with sentimental but irrational and false advertisements. All of them promise that if you buy their products, your children's education is fully provided for.   Gold, Silver Buying gold and silver from banks? Think again HDFC Bank sells silver at over Rs70,000 when the National Spot Exchange sells it for around Rs53,700 and the local jeweller sells silver for Rs55,000! And gullible customers are buying.       To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here. ?

 

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Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/