Fidelity India Value Fund - NFO Now Open!

 

The new Fidelity India Value Fund will predominantly invest in stocks that we believe trade below their true worth. Valuation measures include numerous financial ratios, an assessment of a company's financial health and the quality of its business as well. Stock selection will be just as straightforward. The fund managers will pick stocks 'bottom-up' - entirely for their core strengths - backed by comprehensive, in-house research made possible by 9001 investment professionals working around the clock, across the globe to uncover investment opportunities others may miss. No internet banking account? Download application form now! Click here to get your FREE copy of Fidelity's Guide to Value Investing.

1Source for investment professionals: FMR LLC., Pyramis Global Advisors, FIL, as of June 30, 2009. Investment professionals include division management, portfolio managers, traders, research analysts and research associates. Scheme Classification: An open - ended equity growth scheme Investment Objective: To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets • Normal Asset Allocation: Equity and equity related securities: a) Indian equity securities:80%-100%; b)Foreign securities including overseas ETFs (as permitted by SEBI/RBI:0%-10;Debt Securities, Money Market Instruments, Cash and domestic ETFs: 0- 20%. Terms of issue: Units of Rs. 10 per unit for cash during the new fund offer and at applicable NAV thereafter. Minimum initial application amount: Rs. 5,000 per application. Minimum redemption amount/units: Rs. 1,000 or 100 Units. Statement of Additional Information, Scheme Information Document, Key Information Memorandum and Application Forms will be available at the ISCs/distributors' offices. General Services: Investors can contact us at the toll-free number "1800-2000-600". NAVs will be calculated on every business day and published in two daily newspapers on all business days. Redemption on all business days. • Loads - Exit Load: For redemption within 1 year from the date of allotment or purchase applying First in First Out basis - 1.00%. A switch-out or a withdrawal under SWP or a transfer under STP may also attract an Exit Load / CDSC like any Redemption. No Entry / Exit Loads / CDSC will be chargeable in case of switches made between different options of the Scheme. No Exit Load will be chargeable in case of redemption of; (i) Units allotted on account of dividend re-investments; and (ii) Units issued by way of bonus, if any. Risk factors: • Mutual funds, like securities investments, are subject to market risks and there is no guarantee against loss in the Scheme or that the Scheme's objectives will be achieved. • As with any investment in securities, the NAV of the units issued under the scheme can go up or down depending on various factors and forces affecting capital markets. • Past performance of the Sponsor/the AMC/the Mutual Fund does not indicate the future performance of the Scheme. • Fidelity India Value Fund is the name of the Scheme, and this does not in any manner indicate the quality of the Scheme, its future prospects or returns. • Investments in the Scheme will be affected by trading volumes, settlement periods, volatility, price fluctuations, inability to sell securities, disinvestment of holdings of any unlisted stocks prior to target date of disinvestment, credit risk and interest rate risk and the risks associated with investments in derivatives and exchange traded funds. • The Scheme may invest in overseas markets which carry risks related to fluctuations in the foreign exchange rates, the nature of the securities market of the country, repatriation of capital due to exchange controls and political circumstances. • Please read the Scheme Information Document of the Scheme and Statement of Additional Information carefully before investing. Statutory: Fidelity Mutual Fund ('the Fund') has been established as a trust under the Indian Trusts Act, 1882, by FIL Investment Advisors (liability restricted to Rs. 1 Lakh). FIL Trustee Company Private Limited, a company incorporated under the Companies Act, 1956, with a limited liability is the Trustee to the Fund. FIL Fund Management Private Limited, a company incorporated under the Companies Act, 1956, with a limited liability is the Investment Manager to the Fund. Fidelity, Fidelity International and Pyramid Logo are trademarks of FIL Limited.                                                             CI01365

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Simple But Great: Speech by Chetan Bhagat at Symbiosis ...

Speech by Chetan Bhagat at Symbiosis ...

 

Don't just have career or academic goals.

 

Set goals to give you a balanced, successful life. I use the word balanced before successful. Balanced means ensuring your health, relationships, mental peace are all in good order. There is no point of getting a promotion on the day of your breakup. There is no fun in driving a car if your back hurts. Shopping is not enjoyable if your mind is full of tensions.

 

"Life is one of those races in nursery school where you have to run with a marble in a spoon kept in your mouth. If the marble falls, there is no point coming first. Same is with life where health and relationships are the marble. Your striving is only worth it if there is harmony in your life. Else, you may achieve the success, but this spark, this feeling of being excited and alive, will start to die. ……………….

 

One thing about nurturing the spark - don't take life seriously. Life is not meant to be taken seriously, as we are really temporary here. We are like a pre-paid card with limited validity. If we are lucky, we may last another 50 years. And 50 years is just 2,500 weekends. Do we really need to get so worked up? …………….

 

It's ok, bunk a few classes, scoring low in couple of papers, goof up a few interviews, take leave from work, fall in love, little fights with your spouse. We are people, not programmed devices........." :)

 

"Don't be serious, be Sincere."!!

 

 

 

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Launch of Birla Sunlife Platinum Plus IV

'Highest NAV in 7 years…Guaranteed'

Applications to participate in Platinum Plus Fund IV will be accepted until 15 December, 2009.

 

We are pleased to inform you that Birla Sunlife Insurance Company has relaunched the "Birla Platinum Plus IV" .The product details of the new product"Birla Sunlife Platinum Plus IV" are similar to the product"Platinum plus III" which offers both Wealth & Protection by Highest NAV Guarantee and 100% liquidity after 3 years.So, in order to refresh you with the product,the details of the product are being mentioned below:

    

This product protects not only your NAV but its growth too. So participate in equity markets with highest NAV of 7 years as guaranteed on maturity coupled with a Limited Premium Paying Term of 3 years!!!

 

Objective:

To optimize the participation in actively managed well diversified equity portfolio of fundamentally strong Blue Chip Companies while using Debt instruments & Derivatives to lock-in capital appreciation.

 

Key Features:

Ø      Limited Premium Paying Term of 3 yrs.

Ø     Advantage Partial Withdrawals after 3 Policy years to curb liquidity crunch without any charge.

Ø      Full liquidity after 3 Policy years i.e 100% Fund Value.

Ø      Best of Class Investment in Platinum Plus IV Fund.

 

Boundary Conditions:

 

Policy Term	10 years
Min/Max Age at Entry	18 – 70 yrs
Max Age at Maturity	80 years
Minimum SA	5* Annual Premium
Minimum Annual  Premium	Rs 50,000 for Annual Mode,  Rs 25,000 for Half – Yearly Mode,  Rs 15,000 for Quarterly Mode,  Rs 10,000 for Monthly Mode.
Fund Options	100% in Platinum Plus Fund IV
Premium Payment Terms	3 yrs with Annual/Semi-annual/Quarterly/Monthly Mode
Tax Benefits	Avail Benefits under Sec 80C and Sec 10(10D)

 

Maturity Benefits:

On maturity the Life insured will receive the Higher of:-

Policy Fund Value OR {Highest NAV of 7 yrs X No of Units at Maturity}.

 

Death Benefit:

In the event of death the nominee will receive: Higher of Fund Value or Sum Assured.

 

Product Pitches:

 

1.     A perfect solution for Fixed Income Investors :-

Give your Fixed Income Investors the cushion of Guarantee coupled with Equity Return.

 

2.      Get Best of both Worlds – Highest NAV in 7 years guaranteed at Maturity boosting both Wealth & Protection.

 

3.      Get the Best out of Life Guaranteed' – Platinum Plus IV lets you participate in Equity market with protection against downside risk through Guaranteed Maturity Unit Price (GMUP) and  Risk cover to suit your needs, its not get all this with a limited PPT.

 

 

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