NTPC FIRST TO RAISE TAX FREE BONDS

GET READY TO INVEST IN TAX FREE BONDS

Series of TAX FREE BOND ISSUES are going to come now. First to come is NTPC
Option 1 Option 2 Option 3
Tenure of Bonds 10 years 15 years 20 years
Maturity/Redemption Date^ 10 years from Deemed
Date of Allotment
15 years from Deemed
Date of Allotment
20 years from Deemed
Date of Allotment
Coupon Rates for Category I, II and III#
Series of Bonds* Series 1A Series 2A Series 3A
Coupon Rate (%) per annum Determined as per the methodology mentioned in CBDT Notification dated July
Annualized Yield (%) per annum 6, 2015 and as specified in Prospectus
Coupon Rates for Category IV
Series of Bonds Series 1B Series 2B Series 3B
Coupon Rate (%) per annum Determined as per the methodology mentioned in CBDT Notification dated July
Annualized Yield (%) per annum 6, 2015 and as specified in Prospectus
# Pursuant to the CBDT Notification and for avoidance of doubt, it is clarified as under:
a. The coupon rates indicated under Series 1B, Series 2B and Series 3B shall be payable only on the Retail Individual Investor Portion in the Issue. Such coupon is payable only if on the Record Date for payment
of interest, the Bonds are held by investors falling under the Retail Individual Investor Category/Category IV;
b. If the Bonds allotted against Series 1B, Series 2B and Series 3B are transferred by Retail Individual Investors to Non- Retail Individual Investors, being Category I, Category II and Category III investors, the
coupon rate on such Bonds shall stand at par with coupon rate applicable on Series 1A, Series 2A and Series 3A respectively;
c. If the Bonds allotted against Series 1B, Series 2B and Series 3B are sold/transferred by the Retail Individual Investors to investor(s) who fall under the Retail Individual Investor category as on the Record
Date for payment of interest, then the coupon rates on such Bonds shall remain unchanged;
d. If on any Record Date, the original Retail Individual Investor Allotee(s)/transferee(s) hold the Bonds under Series 1A, Series 1B, Series 2A, Series 2B, Series 3A and Series 3B for an aggregate face value
amount of over Rs 10 lakh, then the coupon rate applicable to such Retail Individual Investor Allottee(s)/transferee(s) on Bonds under Series 1B, Series 2B, Series 3B shall stand at par with coupon rate
applicable on Series 1A, Series 2A, and Series 3A, respectively;
e. Bonds Allotted under Series 1A, Series 2A and Series 3A shall carry coupon rates indicated above until the maturity of the respective Series of Bonds irrespective of category of holder(s) of such Bonds; and
f. For the purpose of classification and verification of status of the eligibility of a Bondholder under the Retail Individual Investor category, the aggregate face value of Bonds held by the Bondholders in all the
Series of Bonds Allotted under the Issue shall aggregated on the basis of PAN.
Source: Draft Prospectus dated September 9, 2015
Disclaimer: “Invest only after referring to the Prospectus”

RISK MANAGEMENT in Personal Finance

Protect Your family Financially

It is very much important the bread earner in a home lives till all the financial goals for his/her family are fulfilled. If proper planning is not done, all the financial goals of the family gets shattered.

Recently a software employee of a reputed company, died due to heart attack. He maintained his health by proper walking etc., but still due to many other work related and other issues, unforeseen thing has happened. He was married and had 2 children less than 5 years old. His wife though properly educated, was not working. He was a conservative person not investing in risky assets like MF, Equity. Was paying Insurance premiums of Rs.1,20,000/- per annum. All the plans are traditional which given coverage of 15 Lakhs approximately. Thank god, he has taken home shield. home loan doesn't inherited to his wife.

 But wife will have to work very hard to make her career, will have to take care of children, educate them.

HAD THE GUY DONE PROPER RISK MANAGEMENT, HIS FAMILY WOULD HAVE BEEN IN A BETTER POSITION FINANCIALLY. THOUGH HE WAS PAYING PREMIUM OF RS1,20,000/- PER ANNUM HE WAS NOT PROTECTED ADEQUATELY TO THE RISK OF LOSS OF FINANCIAL INCOME IN THE EVENT OF DEATH OF THE EMPLOYEE.

POINTS TO PONDER WHILE RISK MANAGEMENT:

1. Any person should have an average of 10 times of his annual income atleast as insurance cover to protect the family.

2. Life insurance is important, But Health insurance is much more important, fact being, death can happen only once, but a person's health can be not well many times in a life time.

3. One should have an adequate risk cover for Personal Accident also.

Time to start savings for Retirement 

Reliance mutual fund has launched Retirement Mutual Fund focusing exclusively on pension needs.

Key Features

• Scheme is retirement focused – Till age 60
• Lock-in of 5-years
• Fund has two options - Wealth Scheme(65-100% in Equity) and the Income Generation Scheme( Up to 30 % in Equity) to help you create and manage growth.

Uniqueness of Retirement Mutual Fund

• Tax-exempt retirement
• The only retirement focused equity mutual fund - 100 percent exposure to equities
• Tax benefit on investment under section 80 C
• Tax-free growth of investments
• Tax-free withdrawals in post-retirement years
• Inbuilt features of Auto-transfer and SWP

No more wait! No more excuse!

Start saving today for a financially secure retired years.

Looking forward to more such wealthy interactions in future!

Vijay Kumar

8121622666

LAMBI INNINGS KI TAIYARI