Invest In Tax Saving Mutual Funds Online
Call 0 94 8300 8300 (India)
STATE-RUN Power Finance (PFC) plans to raise Rs 100 crore through taxfree bonds issue that begins on Monday.
The proposed issue is part of its plan to garner Rs 5,000 crore by way of issuing tax-free securities in the current financial year (2012-13). Out of the total target, Rs 1,110 crore has already been raised.
PFC to raise Rs 100 crore through this issue with an option to retain over-subscription up to the residual shelf limit (Rs 3,890.25 crore) prior to March 31, according to information available with the market regulator Sebi.
The company is also considering the raising of funds via private placements of the bonds in one or more tranches during the process of the present issue, within the residual shelf limit, at its discretion, it added.
The issue would open on Monday and close on March 15.
The funds would be utilised towards lending purposes, debt servicing and working capital requirements, PFC said.
The bond issue would be for a period of 10-15 years offering an interest rate between 6.88 per cent and 7.54 per cent. The bonds are proposed to be listed on the Bombay Stock Exchange.
ICICI Securities, AK Capital Services, Axis Capital, Kotak Mahindra Capital Company, SBI Capital Markets are acting as lead managers to the issue.
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax PlanInvest Online
- HDFC TaxSaverInvest Online
- DSP BlackRock Tax Saver FundInvest Online
- Reliance Tax Saver (ELSS) FundInvest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) FundInvest Online
- SBI Magnum Tax Gain Scheme 1993Invest Online
- Sundaram Tax SaverInvest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFundsInvest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
No comments:
Post a Comment