IIFCL -India Infrastructure Finance Company Limited – Fully owned by Govt Of India Issue Of Tax Free Bonds Tranche-2 of Issue size Rs.200 crore with rights to retain oversubscription upto Rs.6331.1231 Crores. Issue Open date:Feb 25, 2013 Issue Close date:March 15, 2013. Credit rating:”AAA” by CARE,ICRA & BWR. Interest Rates: Options Tr-II Sr-I Tr-II Sr-II…
No Exit Loads For HSBC Mutual Fund Scheme:
After introduction of Direct plans in mutual funds few fund house like ICICI – Prudential mutual funds tend to increase the exit loads & increased exit load up to period of 18 months for selected equity schemes. Under such scenario where most of the mutual funds are trying to retain the investors for longer period…
Mutual Funds – While Investing In Name Of Minor
Just have a look at the incident Few months back Rajesh invested in mutual funds in the name of his minor son.Of course he paid through his bank account & his bank account get registered for the folio.Now recently after having some good appreciation he decided to redeem mutual fund & submitted the redemption request…..