Tuesday, January 6, 2015

Kotak Mutual Fund takes over Pinebridge Mutual Fund

 

 

Kotak Mutual Fund takes over Pinebridge Mutual Fund

 

Kotak Mutual Fund has taken over Pinebridge Mutual Fund with the following changes:

Existing Name

Proposed Change

Modified Name

Pinebridge India Equity

Merger

Kotak Select Focus

Pinebridge India Liquid

Merger

Kotak Mahindra Liquid Scheme

Pinebridge Q Interval Series I

Merger

Kotak Q Interval Series I

Pinebridge Q Interval Series II

Merger

Kotak Q Interval Series II

Pinebridge Infrastructure and Economic Reform

Change in name

Kotak Infrastructure and Economic Reform

Pinebridge World Gold

Change in name

Kotak World Gold

Pinebridge India-US Equity

Change in name

Kotak US Equity

Pinebridge India Short Term

Change in attributes

Kotak Low Duration

Pinebridge India Total Return Bond

Change in attributes

Kotak Corporate Bond

 

Existing investors who do not wish to continue with the scheme in view of the proposed changes can exit from the scheme from December 31, 2014 to January 29, 2015.

 

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

 

1.       ICICI Prudential Tax Plan

2.       Reliance Tax Saver (ELSS) Fund

3.       HDFC TaxSaver

4.       DSP BlackRock Tax Saver Fund

5.       Religare Tax Plan

6.       Franklin India TaxShield

7.       Canara Robeco Equity Tax Saver

8.       IDFC Tax Advantage (ELSS) Fund

9.       Axis Tax Saver Fund

10.    BNP Paribas Long Term Equity Fund

 

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

 

Invest in Tax Saver Mutual Funds Online -

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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