Invest In Tax Saving Mutual Funds Online
Management of NPA
The percentage of NPA will be higher due to ineffective recovery of bank credit, lacuna in credit recovery system, inadequate legal provision etc. Different steps have been taken by the government to recover and decrease NPAs. Some of them are, One time settlement / compromise scheme, Lok adalats, Debt Recovery Tribunals, Securitization and reconstruction of financial assets and enforcement of Security Interest Act 2002, Corporate Reconstruction Companies, credit information on defaulters and role of credit information bureaus.
The main aim of any business is to make profits. So, any asset created in the course of the conduct of business should make income for the business. This applies similarly to the business of banking. The banks the worlds over deal in money, by accepting deposits (liabilities) and out of such deposits (liabilities) provide/create loans (assets). If for any reason such assets produced do not make income or become sticky and difficult of recovery, then the very position of the banks in repaying the deposits (liabilities) on the due dates would be at stake and in jeopardy. Banks with such assets portfolio would become weak and logically such weak banks will lose the faith and confidence of the investors.
With the introduction of prudential norms for income recognition, assets classification and provisioning, banks have become quite responsive and are taking all likely steps to strengthen their assets acquisition and monitoring systems. There is also a rising awareness to bring down non-performing assets as these are having adverse impact on their profitability due to de-recognition of interests as well as requirement of heavy loan loss provisions on such assets. Therefore it would be prudent for banks to manage their assets in such a way that they always remain healthy, generate sufficient income and competent of repayment/recovery on the due dates. Management of performing/non-performing assets in banks has become an `art and science' and virtually `a battle of wits' among the banker and the borrower with the latter demanding write off or at least a major sacrifice from the bankers side irrespective of whether he is capable to pay or not.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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