Nomination facility is available almost for all investment instruments like fixed deposits,mutual funds ,bonds,demat accounts etc.But in general we fell to understand the importance of nomination. Rbi have also directed banks to convince customers to make nomination.(of course its not compulsion.Banks can not deny fixed deposit account just because customet do not want to nomiante….
TOP 5 MUTUAL FUNDS OF LAST FINANCIAL YEAR:
TOP 5 ELSS SCHEMES: 1.FIDELITY TAX ADVANTAGE FUND : 17.75%. 2.QUANTUM TAX SAVING FUND: 17.19%. 3.HDFC LONG TERM ADVANTAGE : 15.57. 4.ING TAX SAVING FUND: 15.45%. 5.AXIS TAX SAVER : 13.45%. TOP 5 EQUITY FUNDS: 1.SUNDARAM FINANCIAL SERVICES OPPORTUNITIES : 25.78%. 2.ESCORTS HIGH YIELD EQUITY PLAN: 19.3% 3.ICICI PRU. FOCUSED BLUE CHIP : 18.3%. 4.HDFC…
SUNDARAM MUTUAL FUND:CAPITAL PROTECTION ORIENTATION FUND-SR3.
PRODUCT HIGHLIGHTS: SCHEME SHALL ENSURE CAPITAL PROTECTION OF CAPITAL BY ADOPTING A STATIC HEDGE APPROACH. THE SCHEME WILL INVEST PRIMARILY IN MONEY MARKET SECURITIES AND FIXED INCOME SECURITIES INCLUDING FIXED INCOME DERIVATIVES.THE SCHEME MAY INVEST PART OF INVESTMENT IN EQUITY FOR CAPITAL APPRECIATION. PASSIVE COMPONENET OF PORTFOLIO : 80-100% IN FIXED INCOME…