The basic objective of Liquid fund is to manage the surplus money of investors by investing in short term duration instruments like short term deposits,commercial papers and other short term instruments offered by banks,corporates or Non-banking finance companies. Some of the important features of liquid funds : Liquid funds are better substitutes to bank saving…
PFS:80-CCF Tax Saving Infrastructure Bonds
About Company: PTC India financial services[PFS],is promoted by PTC India Ltd to provide the financial solutions to the projects like Energy value chain,power projects in generation,distribution, transmission,fuel sources,equipment manufacturing and EPC projects. Issue Details: Issue Open Date:29th Dec.2011. Issue Last Date:29th Feb 2012.// Issue last date is extended till 27th march 2012. Allotment date:16th March…
Case Study:Should Depositor Break Fixed Deposit Before Maturity
Here is one real time case study.Fixed deposits have made few days back and now interest rates are higher than that time.Now depositor is confused whether break and renew the deposits or not.Details of deposit are as follows. Fixed deposit start date:Feb 25,2011. Term of fixed deposit:3 Yrs. Interest rate: 8.50%. Current interest rate:9.25% for…