Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Leave a missed Call on
94 8300 8300
Goldman Sachs Liquid BEES
Why is it unique? It is the only listed liquid ETF in India and is the first money market ETF in the world. Who can benefit? Useful for active stock market investors.
If you are a long-term investor and hit the stock market once in a while, or are getting there using the equity mutual fund route, Liquid BEES is not for you. Liquid BEES is useful for active investors or traders in the stock market. Instead of leaving your money idle in the savings bank account, you can park it with Liquid BEES. Why not in other liquid funds? This is because it only helps reduce the logistics problem. Unlike other liquid funds, Liquid BEES lets you deal with the same stock broker and the buy or sell transactions can be executed on the same day. It is also useful for stock traders as the NSE accepts holdings in BEES as `security' for non-cash margin purposes. To make life easy for active investors and traders, several brokers also allow buying and selling in Liquid BEES without brokerage. On the other hand, investors in other liquid funds have to redeem it separately and then make payments to a broker for purchases. Even at the time of selling the stocks, they have to take money from brokers and then invest in liquid funds separately.
The fund house always tries to maintain its NAV at `1,000. The gain in the scheme is declared as daily dividend and is mandatorily reinvested in the scheme. Therefore, an investor who withdraws from the scheme after a few days will get the returns as dividend, which is tax-free according to the current taxation laws. Since there is no doubt about its NAV, investors can buy or sell the scheme at `1,000 at any point. It is one of the most actively traded ETFs in India, with an average turnover of `20 crore. There are market makers who wait with large orders to buy it at `999.99 and sell at `1000.01.If you are not in a hurry, you can keep a limit order at `1,000 and it will be executed soon.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
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 Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Any Fund Application Forms
---------------------------------------------
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Franklin India Bluechip
- ICICI Prudential Top 100 Fund
B. Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Birla Sun Life Front Line Equity Fund
- Franklin India Prima
C. Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Birla Sun Life Dividend Yield Plus
- SBI Emerging Businesses Fund
- HDFC Mid-Cap Opportunities Fund
- ICICI Prudential Discovery Fund
D. Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Franklin India Smaller Companies
E. Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual Funds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International funds Invest Online
1. Birla Sun Life International Equity Plan A
2. DSP BlackRock US Flexible Equity
3. FT India Feeder Franklin US Opportunities
4. ICICI Prudential US Bluechip Equity
5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
0 comments:
Post a Comment