by Ashok Kumar | Feb 26, 2025 | Uncategorized
Key Features of LIC Jeevan Utsav
LIC Jeevan Utsav provides Life Time Guaranteed pension plan.
LIC Jeevan Utsav have option to take short term policy like 5 years to 10 years
This policy have option to take additional riders, like Accidental cover, Term rider
The policy offers a loan facility after two years of full premium payments, catering to liquidity needs.
Key Features of LIC Jeevan Utsav Plan
- Guaranteed additions of Rs.40 per Rs.1,000 Basic Sum Assured annually.
- Post premium term, choose between Regular Income (10% of Basic Sum Assured yearly) or Flexi Income (deferred withdrawals with 5.5% interest).
- Death benefit includes the “Sum Assured on Death” with guaranteed additions, ensuring a minimum payout of 105% of total premiums paid.
- Maturity benefit isn’t offered as income continues for life.
- Additional liquidity is available through a loan against the policy.
- High Sum Assured Rebate is offered for larger coverage.
- The plan caters to the demand for a shorter and more flexible premium-paying term.
- Five optional riders can be added for enhanced coverage, including LIC’s Accidental Death and Disability Benefit, Accident Benefit, New Term Assurance, New Critical Illness Benefit, and Premium Waiver Benefit, subject to eligibility and additional premium.
- The plan is non-linked and non-participating.
Features of LIC Jeevan Utsav Plan
The features of LIC’s Jeevan Utsav Plan are given below:
- Plan Overview: LIC’s Jeevan Utsav is a non-linked, non-participating whole life insurance plan designed for individual savings. It offers lifelong insurance coverage with various premium payment options.
- Income Benefits: After a specified period, 10% of the sum assured is paid annually, depending on the chosen premium payment term, with options for either regular income or flexi income.
- Guaranteed Additions: The plan guarantees additions throughout the premium-paying term, enhancing the policy’s value over time.
- Sum Assured: Large sum assured options are available, allowing policyholders to choose a coverage level that meets their needs.
- Liquidity: The plan provides liquidity through loans or surrender options, with loans available after two full years of premium payments.
- Optional Riders: Policyholders can opt for up to four out of five available riders for additional coverage. These riders include:
o Accidental Death and Disability Benefit Rider: Pays a lump sum in case of accidental death and provides monthly installments in case of disability.
o Accident Benefit Rider: Offers a lump sum payout in case of accidental death, valid during the premium-paying term.
o New Term Assurance Rider: Provides additional coverage alongside the base death benefit, with coverage lasting up to 35 years or until the policyholder turns 75.
o New Critical Illness Benefit Rider: Covers 15 specified critical illnesses, with benefits paid upon the first diagnosis, valid for up to 35 years or until age 75.
o Premium Waiver Benefit Rider: Waives future premium payments in case of the eligible proposer’s death, ensuring continued coverage.
- Flexibility: The plan allows for flexibility in premium payment terms, meeting diverse financial needs.
- Loan Facility: The policy offers a loan facility after two years of full premium payments, catering to liquidity needs.
This plan is ideal for those seeking lifelong coverage with savings benefits, and it includes options to enhance coverage through various riders.
Benefits of LIC Jeevan Utsav Plan
The benefits of LIC’s Jeevan Utsav Plan are given below:
Survival Benefit:
Option I – Regular Income Benefit: Upon survival, 10% of the Basic Sum Assured is paid yearly, starting from the specified policy year (see table below). All premiums must be paid in full.
Option II – Flexi Income Benefit: 10% of the Basic Sum Assured is paid annually, with an option to defer and accumulate the benefit. Interest of 5.5% p.a. (compounding annually) is applied to deferred amounts. The policyholder can withdraw up to 75% of the accumulated amount once per policy year.
Premium Paying Term | Regular/Flexi Income Start Year |
5–8 years | 11th policy year |
9 years | 12th policy year |
10 years | 13th policy year |
11 years | 14th policy year |
12 years | 15th policy year |
13 years | 16th policy year |
14 years | 17th policy year |
15 years | 18th policy year |
16 years | 19th policy year |
- Maturity Benefit: Not available under this plan.
- Death Benefit:
o Upon death after the risk commencement, the “Sum Assured on Death” plus accrued Guaranteed Additions are payable. The Death Benefit is at least 105% of total premiums paid.
o For minors (under 8 years), if death occurs before the risk commencement, the premiums paid are refunded (excluding taxes and additional premiums).
- Guaranteed Additions:
o Rs. 40 per Rs.1,000 Basic Sum Assured accrues yearly during the Premium Paying Term under an active policy.
o Accruals cease if premiums are unpaid or after the Premium Paying Term ends.
o Proportionate Guaranteed Additions are paid upon surrender during the Premium Paying Term.
Eligibility Criteria
- Premium Paying Term: Ranges from 5 to 16 years.
- Minimum & Maximum Age at Entry:
o For Online Purchase:
Premium Paying Term | Minimum Age (Completed) | Maximum Age (Nearer Birthday) |
5 to 16 years | 18 years | 59 years |
5 to 15 years | 18 years | 60 years |
5 to 14 years | 18 years | 61 years |
5 to 13 years | 18 years | 62 years |
5 to 12 years | 18 years | 63 years |
5 to 11 years | 18 years | 64 years |
Maximum Premium Ceasing Age: 75 years (nearer birthday).
- Minimum Age at the Beginning of the Policy Year: 18 years when the first Regular Income Benefit/Flexi Income Benefit becomes due.
- Basic Sum Assured:
o Minimum: Rs.5 lakh
o Maximum: No upper limit, subject to underwriting.
- Basic Sum Assured Multiples:
Premium Paying Term | Minimum Age (Completed) | Maximum Age (Nearer Birthday) |
5 to 16 years | 18 years | 59 years |
5 to 15 years | 18 years | 60 years |
5 to 14 years | 18 years | 61 years |
5 to 13 years | 18 years | 62 years |
5 to 12 years | 18 years | 63 years |
5 to 11 years | 18 years | 64 years |
- Commencement of Risk:
o For those under 8 years, the risk begins 2 years from the policy start date or on the policy anniversary following the 8th birthday, whichever is earlier.
o For those aged 8 and above, risk starts immediately upon policy issuance.
- Date of Vesting:
o If the Life Assured is below 18 years at policy start, the policy automatically vests on the Life Assured when they turn 18. Life Assured becomes the absolute owner of the policy at this point.
FAQs on LIC Jeevan Utsav
- What’s the Jeevan Utsav Plan of LIC?
The LIC Jeevan Utsav plan offers survival benefits in the form of regular income benefits or flexi income benefits, depending on the choice selected by the surviving policyholder, as well as financial help to the family in the tragic event of the insured person’s death.
- Does the LIC Jeevan Utsav Plan offer any rider options?
Yes, the insurance allows for five optional Rider benefits, each requiring an additional premium payment from the insured. Under this plan, a maximum of 4 riders may be selected from the following 5 optional riders (based on eligibility and terms & conditions).
- Which premium payment methods are offered?
The premiums can only be paid through salary savings plans or NACH on a yearly, half-yearly, quarterly, or monthly basis.
- How can the cost of obtaining the policy be paid for?
Netbanking, e-wallets, Amex cards, debit cards, credit cards, UPI, and NEFT can all be used to make payments.
- How long will this plan’s grace period be?
There will be a grace period of thirty days for the payment of quarterly, half-yearly, or annual premiums. 15 days for monthly premium payments. The policy lapses if the premium is not paid before the grace period expires.
- How would one revitalise the policy?
Setting reminders for your insurance plans’ premium payments is a good habit to get competitive policy advantages. However, an expired insurance policy may still be renewed if the terms and circumstances specified in the policy statement are met. Campaigns for the restoration of expired policies are also carried out by LIC of India. When a lapsed policy is revived, benefits are restored.
- What is Free-look cancellation?
Within 30 days of receiving the policy document (or the first in either physical or electronic format), the policyholder may return the policy to the corporation with a statement outlining any concerns if they are unhappy with the “Terms and Conditions” of the policy.
- Can I take out a loan using the Jeevan Utsav Plan?
Indeed, LIC’s Jeevan Utsav Plan offers a lending facility (terms and conditions apply). Under this plan, a loan facility will become accessible following the payment of at least two complete years’ worth of premiums. The proposer may take out the loan while the life assured is still a minor if it is raised for the minor’s benefit.
Effortless Calculation: The LIC Jeevan Utsav Calculator simplifies the process of determining your premiums and maturity amounts, saving you time and effort.
Informed Decisions: By providing accurate financial projections, this tool empowers you to make well-informed decisions about your insurance investments.
Free and Accessible: Enjoy the convenience of a free, user-friendly online tool that is accessible anytime, anywhere, ensuring you stay on top of your financial planning.
“The LIC Jeevan Utsav made it so easy to understand my policy benefits. I feel more confident about my financial future now!” – Priya S.
“I was able to quickly compare different plans and choose the best one for my family. This tool is a lifesaver!” – Rohan M.
“Thanks to the calculator, I know exactly what to expect at maturity. It’s a must-use for anyone with an LIC policy.” – Anjali K.
by Ashok Kumar | Sep 25, 2022 | Uncategorized
Penny Stocks Under Rs 10
पेनी स्टॉक ऐसे स्टॉक हैं जो अल्प कीमतों पर व्यापार करते हैं। वे स्टॉक हैं जो भारतीय संदर्भ में 10 रुपये से नीचे कारोबार करते हैं। अधिकांश निवेशक उनसे दूर रहते हैं क्योंकि उनके मूल सिद्धांतों के बारे में जानकारी आसानी से उपलब्ध नहीं है, या अविश्वसनीय है। हालाँकि, ये स्टॉक निश्चित समय सीमा में मल्टी-बैगर रिटर्न उत्पन्न करते हैं।
ये स्टॉक प्रकृति में अत्यधिक सट्टा हैं। वे अपनी तरलता की कमी, शेयरधारकों की एक छोटी संख्या, बड़ी बोली-पूछने के फैलाव और सूचना के सीमित प्रकटीकरण के कारण जोखिम भरे हैं
वास्तव में, वे पंप और डंप योजनाओं के लिए प्रवृत्त हैं। हालांकि, जब उन्हें सही समय पर देखा जाता है तो उनके पास मल्टी-बैगर रिटर्न उत्पन्न करने की क्षमता होती है।
Top Stocks Under Rs 10
आइए 10 रुपये से कम के शीर्ष शेयरों पर एक नज़र डालें। हम उन्हें उनके बाजार पूंजीकरण के आधार पर छाँटेंगे।
by Ashok Kumar | Aug 25, 2021 | Uncategorized
| Taxfree |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE031A07AR8 | 7.39% HUDCO 15-Mar-2031 | 15-Mar-31 | Annual on 15-Dec | CARE AAA/Stable | 2.2587 cr | 4.50% |
| INE031A07AM9 | 7.39% HUDCO 08-Feb-2031 | 8-Feb-31 | Annual on 08-Feb | CARE AAA/Stable | 2.1722 cr | 4.50% |
| Perpetual Bonds |
| ISIN | Security | Call Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE160A08076 | 9.15% PNB Bank 13-Feb-2025 | 13-Feb-25 | Annual on 13-Feb | CARE AA-/Stable | Multiple of 10 lakhs | 8.45% |
| INE062A08249 | 7.74% SBI Perp 9-Sep-2025 | 9-Sep-25 | Annual on 9-Sep | CRISIL AA+/Stable | Multiple of 10 lakhs | 7.25% |
| INE062A08272 | 7.73% SBI Perp24-Nov-2025 | 24-Nov-25 | Annual on 24-Nov | CRISIL AA+/Stable | Multiple of 1 cr | 7.27% |
| INE062A08272 | 7.73% SBI Perp24-Nov-2025 | 24-Nov-25 | Annual on 24-Nov | CRISIL AA+/Stable | Multiple of 5 cr | 7.30% |
| INE040A08377 | 8.85% HDFC perp 12-May-2022 | 12-May-22 | Annual on 12-May | CARE AA+/Stable | 40 lakhs | 5.60% |
| INE614B08047 | 12% Karnataka bank perp 18-Feb-2024 | 18-Feb-24 | Annual on 18-Feb | CARE A/Stable | 10 lakhs | 9.00% |
| INE062A08199 | 9.45% SBI Perp 22-Mar-2024 | 22-Mar-24 | Annual on 22-Mar | CRISIL AA+/Stable | Multiple of 10 lakhs | 6.80% |
| INE084A08136 | 9.04% BOI 28-Jan-2026 | 28-Jan-26 | Annual on 04-Jan | CRISIL AA-/Stable | Multiple of 1 cr | 8.82% |
| INE095A08082 | 10.50% Indusind Bank perp 28-March-2024 | 28-Mar-24 | Annual on 28-Mar | CRISIL AA/Stable | Multiple of 10 lakhs | 9.00% |
| INE028A08240 | 8.15% BOB Perp 13-Jan-2026 | 13-Jan-26 | Annual on 13-Jan | AA+ / Crisil | Multiple of 5 Cr | 7.62% |
| INE028A08174 | 8.70% BOB Perp 28-Nov-2024 | 28-Nov-24 | Annual on 28-Nov | CRISIL AA+/Negative | Multiple of 50 lakhs | 7.45% |
| INE008A08V59 | 9.50% IDBI bank Limited 03-Feb-2025 (Tier 2) | Call date 3-Feb-2025, Maturity – 3-Feb-2030 | Annual on 3-Feb | CRISIL A+/Stable | Multiple of 10 lakhs | 8.60% |
| INE601U08242 | 9.10% TMFL 15-Jun-2031 | 15-Jun-31 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| INE601U08143 | 10.25% TMFL 24-Sep-2030 | 24-Sep-30 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| Private Sector Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 10 Lakhs | 8.80% |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 50 Lakhs | 8.85% |
| INE909H08212 | 9.70% Tata Motors Finance ltd 19-Dec-2024 | 19-Dec-24 | Annual on 19-Dec | ICRA AA-/Stable | Multiple of 50 Lakhs | 7.50% |
| INE219X07264 | 8.20% India Grid Trust 6-May-2031 | 6-May-31 | Annual on 6-May | CRISIL AAA/Stable | Multiple of 10 lakhs | 7.60% |
| INE124N07242 | 11.1610% ESS KAY FINCORP LIMITED 05-Mar-2024 | 5-Mar-24 | Monthly | CARE A/Stable | Multiple of 10 lakhs | 9.50% |
| INE007N08015 | 9.90% FEDBANK FINANCIAL SERVICES LTD 30-Sep-2027 | 30-Sep-27 | Annual on 30-Sep | IND AA-/Stable | Multiple of 10 Lakhs | 9.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 10 Lakhs | 7.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 5 cr | 7.20% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 10 lakhs | 9.40% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 50 lakhs | 9.45% |
| INE00MX08011 | 11.70% SVATANTRA MICROFIN PRIVATE LIMITED 30-Nov-2023 | 30-Nov-23 | Annual on 31-May | CRISIL A+/Stable | Multiple of 10 lakhs | 10.00% |
| State Govt Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE540P07251 | 9.75% UPPCL 20-Oct-2026 | 20-Oct-26 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 50 Lakhs | 9.20% |
The above mentioned offer(s) are indicative and subject to changes in market conditions. The above offers should not be construed to be solicitation to invest, buy or sell. The decision to invest would solely be the responsibility of the investor, after taking into account all relevant risk factors. Derivium Tradition Securities (India) Pvt. Ltd. is not responsible for the independent investment decisions, made by the recipient of these offer(s).”
Write us to email id [email protected] , if you ready to invest.
by Ashok Kumar | Aug 24, 2021 | Uncategorized
Are you looking safe and good returns. Invest in bonds. Email for support
| Taxfree |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE031A07AR8 | 7.39% HUDCO 15-Mar-2031 | 15-Mar-31 | Annual on 15-Dec | CARE AAA/Stable | Multiple of 5 cr | 4.47% |
| INE906B07EO8 | 7.39% NHAI 09-Mar-2031 | 9-Mar-31 | Annual on 1-Oct | IND AAA/Stable | Multiple of 5 cr | 4.46% |
| Perpetual Bonds |
| ISIN | Security | Call Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE160A08076 | 9.15% PNB Bank 13-Feb-2025 | 13-Feb-25 | Annual on 13-Feb | CARE AA-/Stable | Multiple of 10 lakhs | 8.45% |
| INE062A08249 | 7.74% SBI Perp 9-Sep-2025 | 9-Sep-25 | Annual on 9-Sep | CRISIL AA+/Stable | Multiple of 5 cr | 7.25% |
| INE062A08272 | 7.73% SBI Perp24-Nov-2025 | 24-Nov-25 | Annual on 24-Nov | CRISIL AA+/Stable | Multiple of 5 cr | 7.25% |
| INE040A08377 | 8.85% HDFC perp 12-May-2022 | 12-May-22 | Annual on 12-May | CARE AA+/Stable | 40 lakhs | 5.60% |
| INE614B08047 | 12% Karnataka bank perp 18-Feb-2024 | 18-Feb-24 | Annual on 18-Feb | CARE A/Stable | 10 lakhs | 9.00% |
| INE062A08199 | 9.45% SBI Perp 22-Mar-2024 | 22-Mar-24 | Annual on 22-Mar | CRISIL AA+/Stable | Multiple of 10 lakhs | 6.80% |
| INE084A08136 | 9.04% BOI 28-Jan-2026 | 28-Jan-26 | Annual on 04-Jan | CRISIL AA-/Stable | Multiple of 1 cr | 8.78% |
| INE476A08100 | 8.50% Canara Perp 31-Dec-2025 | 31-Dec-25 | Annual on 31-Dec | IND AA/Stable | Multiple of 1 cr | 8.48% |
| INE095A08082 | 10.50% Indusind Bank perp 28-March-2024 | 28-Mar-24 | Annual on 28-Mar | CRISIL AA/Stable | Multiple of 10 lakhs | 9.00% |
| INE028A08224 | 8.50% BOB 28-July-2025 | 28-Jul-25 | Annual on 28-Jul | CRISIL AA+/Negative | Multiple of 10 lakhs | 7.30% |
| INE008A08V59 | 9.50% IDBI bank Limited 03-Feb-2025 (Tier 2) | Call date 3-Feb-2025, Maturity – 3-Feb-2030 | Annual on 3-Feb | CRISIL A+/Stable | Multiple of 10 lakhs | 8.60% |
| INE601U08242 | 9.10% TMFL 15-Jun-2031 | 15-Jun-31 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| INE601U08143 | 10.25% TMFL 24-Sep-2030 | 24-Sep-30 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| Private Sector Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 10 Lakhs | 8.80% |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 50 Lakhs | 8.85% |
| INE219X07264 | 8.20% India Grid Trust 6-May-2031 | 6-May-31 | Annual on 6-May | CRISIL AAA/Stable | Multiple of 10 lakhs | 7.60% |
| INE124N07242 | 11.1610% ESS KAY FINCORP LIMITED 05-Mar-2024 | 5-Mar-24 | Monthly | CARE A/Stable | Multiple of 10 lakhs | 9.50% |
| INE007N08015 | 9.90% FEDBANK FINANCIAL SERVICES LTD 30-Sep-2027 | 30-Sep-27 | Annual on 30-Sep | IND AA-/Stable | Multiple of 10 Lakhs | 9.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 10 Lakhs | 7.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 5 cr | 7.20% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 10 lakhs | 9.40% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 50 lakhs | 9.45% |
| INE00MX08011 | 11.70% SVATANTRA MICROFIN PRIVATE LIMITED 30-Nov-2023 | 30-Nov-23 | Annual on 31-May | CRISIL A+/Stable | Multiple of 10 lakhs | 10.00% |
| State Govt Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE540P07251 | 9.75% UPPCL 20-Oct-2026 | 20-Oct-26 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 50 Lakhs | 9.20% |
by Ashok Kumar | Aug 23, 2021 | Uncategorized
| Taxfree |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE031A07AR8 | 7.39% HUDCO 15-Mar-2031 | 15-Mar-31 | Annual on 15-Dec | CARE AAA/Stable | Multiple of 5 cr | 4.47% |
| INE906B07EO8 | 7.39% NHAI 09-Mar-2031 | 9-Mar-31 | Annual on 1-Oct | IND AAA/Stable | Multiple of 5 cr | 4.46% |
| Perpetual Bonds |
| ISIN | Security | Call Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE160A08076 | 9.15% PNB Bank 13-Feb-2025 | 13-Feb-25 | Annual on 13-Feb | CARE AA-/Stable | Multiple of 10 lakhs | 8.45% |
| INE062A08249 | 7.74% SBI Perp 9-Sep-2025 | 9-Sep-25 | Annual on 9-Sep | CRISIL AA+/Stable | Multiple of 5 cr | 7.22% |
| INE062A08272 | 7.73% SBI Perp24-Nov-2025 | 24-Nov-25 | Annual on 24-Nov | CRISIL AA+/Stable | Multiple of 5 cr | 7.22% |
| INE614B08047 | 12% Karnataka bank perp 18-Feb-2024 | 18-Feb-24 | Annual on 18-Feb | CARE A/Stable | Multiple of 10 Lakhs | 9.00% |
| INE084A08136 | 9.04% BOI 28-Jan-2026 | 28-Jan-26 | Annual on 04-Jan | CRISIL AA-/Stable | Multiple of 5 cr | 8.88% |
| INE476A08100 | 8.50% Canara Perp 31-Dec-2025 | 31-Dec-25 | Annual on 31-Dec | IND AA/Stable | Multiple of 5 cr | 8.58% |
| INE095A08082 | 10.50% Indusind Bank perp 28-March-2024 | 28-Mar-24 | Annual on 28-Mar | CRISIL AA/Stable | Multiple of 10 lakhs | 9.00% |
| INE028A08216 | 8.25% BOB Perp 17-July-2025 | 17-Jul-25 | Annual on 17-July | AA+ / Crisil | 10 lakhs | 7.45% |
| INE028A08174 | 8.70% BOB Perp 28-Nov-2024 | 28-Nov-24 | Annual on 28-Nov | CRISIL AA+/Negative | Multiple of 1 Cr | 7.40% |
| INE008A08V59 | 9.50% IDBI 03-Feb-2025 (Tier 2) | 3-Feb-25 | Annual on 3-Feb | CRISIL A+/Stable | Multiple of 10 lakhs | 8.60% |
| INE601U08242 | 9.10% TMFL 15-Jun-2031 | 15-Jun-31 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| INE601U08143 | 10.25% TMFL 24-Sep-2030 | 24-Sep-30 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| Private Sector Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 10 Lakhs | 8.80% |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 50 Lakhs | 8.85% |
| INE219X07264 | 8.20% India Grid Trust 6-May-2031 | 6-May-31 | Annual on 6-May | CRISIL AAA/Stable | Multiple of 10 lakhs | 7.60% |
| INE124N07242 | 11.1610% ESS KAY FINCORP LIMITED 05-Mar-2024 | 5-Mar-24 | Monthly | CARE A/Stable | Multiple of 10 lakhs | 9.50% |
| INE007N08015 | 9.90% FEDBANK FINANCIAL SERVICES LTD 30-Sep-2027 | 30-Sep-27 | Annual on 30-Sep | IND AA-/Stable | Multiple of 10 Lakhs | 9.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 10 Lakhs | 7.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 5 cr | 7.20% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 10 lakhs | 9.40% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 50 lakhs | 9.45% |
| INE00MX08011 | 11.70% SVATANTRA MICROFIN PRIVATE LIMITED 30-Nov-2023 | 30-Nov-23 | Annual on 31-May | CRISIL A+/Stable | Multiple of 10 lakhs | 10.00% |
| State Govt Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE540P07251 | 9.75% UPPCL 20-Oct-2026 | 20-Oct-26 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.15% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 50 Lakhs | 9.20% |
by Ashok Kumar | Aug 20, 2021 | Uncategorized
| Taxfree Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE031A07907 | 8.14% HUDCO 25-Oct-2023 | 25-Oct-23 | Annual on 25-Oct | AAA | Multiple of 5 cr | 3.65% |
| INE053F07777 | 7.19% IRFC 31-Jul-2025 | 31-Jul-25 | Annual on 15-April | AAA | Multiple of 5 cr | 4.15% |
| INE031A07AR8 | 7.39% HUDCO 15-Mar-2031 | 15-Mar-31 | Annual on 15-Dec | CARE AAA/Stable | Multiple of 5 cr | 4.45% |
| INE906B07EO8 | 7.39% NHAI 09-Mar-2031 | 9-Mar-31 | Annual on 1-Oct | IND AAA/Stable | Multiple of 5 cr | 4.45% |
| Perpetual Bonds |
| ISIN | Security | Call Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE160A08076 | 9.15% PNB Bank 13-Feb-2025 | 13-Feb-25 | Annual on 13-Feb | CARE AA-/Stable | Multiple of 10 lakhs | 8.45% |
| INE062A08249 | 7.74% SBI Perp 9-Sep-2025 | 9-Sep-25 | Annual on 9-Sep | CRISIL AA+/Stable | Multiple of 10 lakhs | 7.20% |
| INE062A08272 | 7.73% SBI Perp24-Nov-2025 | 24-Nov-25 | Annual on 24-Nov | CRISIL AA+/Stable | Multiple of 1 cr | 7.20% |
| INE614B08047 | 12% Karnataka bank perp 18-Feb-2024 | 18-Feb-24 | Annual on 18-Feb | CARE A/Stable | Multiple of 10 Lakhs | 9.00% |
| INE062A08199 | 9.45% SBI Perp 22-Mar-2024 | 22-Mar-24 | Annual on 22-Mar | CRISIL AA+/Stable | Multiple of 10 lakhs | 6.85% |
| INE062A08199 | 9.45% SBI Perp 22-Mar-2024 | 22-Mar-24 | Annual on 22-Mar | CRISIL AA+/Stable | Multiple of 50 Lakhs | 6.90% |
| INE084A08136 | 9.04% BOI 28-Jan-2026 | 28-Jan-26 | Annual on 04-Jan | CRISIL AA-/Stable | Multiple of 1 Cr | 8.75% |
| INE476A08100 | 8.50% Canara Perp 31-Dec-2025 | 31-Dec-25 | Annual on 31-Dec | IND AA/Stable | Multiple of 1 Cr | 8.50% |
| INE095A08082 | 10.50% Indusind Bank perp 28-March-2024 | 28-Mar-24 | Annual on 28-Mar | CRISIL AA/Stable | Multiple of 10 lakhs | 8.90% |
| INE028A08216 | 8.25% BOB Perp 17-July-2025 | 17-Jul-25 | Annual on 17-July | AA+ / Crisil | 10 lakhs | 7.50% |
| INE008A08V59 | 9.50% IDBI 03-Feb-2025 (Tier 2) | 3-Feb-25 | Annual on 3-Feb | CRISIL A+/Stable | Multiple of 10 lakhs | 8.60% |
| INE020B08DL4 | 7.97% REC Perp Call date 22-Jan-2031 | 22-Jan-31 | Annual on 31-Jan | CRISIL AAA/Stable / CARE AA+/Stable | Multiple of 10 lakhs | 7.20% |
| INE601U08242 | 9.10% TMFL 15-Jun-2031 | 15-Jun-31 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| INE601U08143 | 10.25% TMFL 24-Sep-2030 | 24-Sep-30 | Annual on 15-Jun | ICRA A/Stable | Multiple of 10 lakhs | 8.50% |
| Private Sector Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 10 Lakhs | 8.80% |
| INE729N08022 | 10.90% TVS Credit Service Ltd 07-Aug-2024 (Unlisted) | 7-Aug-24 | Annual on 07-Feb | CRISIL AA-/Stable | Multiple of 50 Lakhs | 8.85% |
| INE219X07264 | 8.20% India Grid Trust 6-May-2031 | 6-May-31 | Annual on 6-May | CRISIL AAA/Stable | Multiple of 10 lakhs | 7.55% |
| INE124N07242 | 11.1610% ESS KAY FINCORP LIMITED 05-Mar-2024 | 5-Mar-24 | Monthly | CARE A/Stable | Multiple of 10 lakhs | 9.50% |
| INE007N08015 | 9.90% FEDBANK FINANCIAL SERVICES LTD 30-Sep-2027 | 30-Sep-27 | Annual on 30-Sep | IND AA-/Stable | Upto 1 cr | 9.10% |
| INE115A08377 | 7.70% LIC Housing Sub Debt 19-Mar-2031 | 19-Mar-31 | Annual on 19-Mar | CRISIL AAA/Stable | Multiple of 5 cr | 7.20% |
| INE721A08DC8 | 10.25% STFC 26-April-2024 | 26-Apr-24 | Monthly payment | CRISIL AA+/Negative | Multiple of 10 lakhs | 9.45% |
| INE00MX08011 | 11.70% SVATANTRA MICROFIN PRIVATE LIMITED 30-Nov-2023 | 30-Nov-23 | Annual on 31-May | CRISIL A+/Stable | Multiple of 10 lakhs | 10.00% |
| State Govt Bonds |
| ISIN | Security | Maturity Date | Interest Payment Dates | Credit Rating | Quantum in Rs. | Yield |
| INE540P07251 | 9.75% UPPCL 20-Oct-2026 | 20-Oct-26 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.26% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 10 Lakhs | 9.30% |
| INE540P07343 | 10.15% UPPCL 20-Jan-2027 | 20-Jan-27 | Quarterly | IND A+(CE)/Stable | Multiple of 50 Lakhs | 9.34% |
| Contact us | | | | | | |
by Ashok Kumar | Feb 28, 2021 | Uncategorized
सॉवरेन गोल्ड बांड क्या हैं?
सॉवरेन गोल्ड बांड (एसजीबी) सोने के ग्राम में मूल्ययुक्त सरकारी प्रतिभूतियां हैं। ये बॉन्ड आरबीआई द्वारा भारत सरकार की ओर से जारी किए जाते हैं और भौतिक रूप में सोना रखने के लिए बेहतर विकल्प हैं।
निवेशकों ने सोने की चल रही कीमत * का भुगतान करके प्राथमिक जारी करने के दौरान एसजीबी की सदस्यता ली। आवंटन पर, इन बांडों को सुरक्षित रूप से डीमैट रूप में आयोजित किया जाता है जिससे जोखिम और भंडारण की लागत को नष्ट किया जाता है। परिपक्वता पर, निवेशकों को सोने की प्रचलित कीमत * के आधार पर मोचन आय प्राप्त होती है। इस प्रकार, एसजीबी निवेशकों को गोल्ड लिंक्ड रिटर्न प्रदान करते हैं। गोल्ड रिटर्न के अलावा, निवेशकों को निवेश मूल्य पर 2.50% प्रति वर्ष का निश्चित ब्याज मिलता है।
हालांकि बांड की अवधि 8 साल है, प्रत्येक किस्त स्टॉक एक्सचेंज पर सूचीबद्ध है और निवेशक परिपक्वता से पहले अपनी जोत को समाप्त कर सकते हैं । हालांकि, यदि परिपक्वता के लिए आयोजित किया जाता है, तो किसी व्यक्ति को मोचन पर उत्पन्न होने वाले पूंजीगत लाभ कर ^ को छूट दी जाती है।
| Tranche | Issue price * | Issue opens | Issue closes |
|---|
| SGB Scheme 2020-21 Series XII | 4662/gm – 50 = 4612/gm | March 01, 2021 | March 05, 2021 |
- Can be used as Collateral for Loan
- Tenor – 8 years. Exit Option after 5 year.
- Zero Cost of Purchase & No Annual Management Fees
- Minimum – 1 gm & Maximum – 4 kgs per Financial Year
- Gold Linked Returns Guaranteed by Government of India
- Securely Held in Demat Form
- 2.50% Fixed Interest on Investment Value
- No Lock-in & Listed on Stock Exchanges
- No Capital Gain Tax for Individuals on redemption
SOVEREIGN GOLD BOND v/s PHYSICAL GOLD & GOLD ETFs
| Features | Sovereign Gold Bonds | Physical Gold | Gold ETF |
|---|
| Fixed Interest | 2.50% p.a. payable half-yearly | No Interest | No Interest |
| Capital Gain Tax | ‘0’ Capital Gain tax on redemption^
Interest taxed as per slab | Short Term: Before 3 years, as per marginal slab
Long Term: After 3 years, 20% with indexation |
| Liquidity / Exit option | Can be traded on NSE/BSE** &
Redeemed from 5th year | Restrictive | Tradable on stock exchanges |
| Expenses / Cost | No charges in primary issues &
No annual expense | Making charges, Storage cost | Recurring annual expenses |
| Purity | Highest purity denoted
by IBJA as ‘999’ | Remains questionable | High as it is Demat form |
| Safety | High | Risk of theft & wear/tear | High |
* बॉन्ड्स का नाममात्र मूल्य भारतीय रुपये में भारतीय रुपये में तय किया जाएगा, जो भारतीय बुलियन एंड ज्वैलर्स एसोसिएशन लिमिटेड द्वारा सदस्यता अवधि से पहले सप्ताह के अंतिम तीन कारोबारी दिनों के लिए प्रकाशित ९९९ शुद्धता के सोने के समापन मूल्य के सरल औसत के आधार पर किया जाएगा । गोल्ड बांड का इश्यू प्राइस ऑनलाइन आवेदन करने वाले निवेशकों को नाममात्र मूल्य से 50 रुपये प्रति ग्राम कम होगा और आवेदन के एवज में भुगतान डिजिटल माध्यम से किया जाएगा।
4 किलोग्राम की वार्षिक निवेश सीमा में व्यक्तियों और एचयूएफ के लिए द्वितीयक बाजार से खरीदे गए एसजीबी शामिल होंगे; ट्रस्ट और इसी तरह की संस्थाओं के लिए 20kgs
आयकर अधिनियम, 1961 (1961 के 43) के प्रावधानों के अनुसार बांड पर ब्याज कर योग्य होगा। बांड पर टीडीएस लागू नहीं होता है। हालांकि, कर कानूनों का पालन करना बांड धारक की जिम्मेदारी है। किसी व्यक्ति को एसजीबी के मोचन पर उत्पन्न होने वाले पूंजीगत लाभ कर को परिपक्वता तक रखे जाने पर छूट दी गई है । बांड के हस्तांतरण पर किसी भी व्यक्ति को उत्पन्न होने वाले एलटीसीजी को इंडेक्सेशन बेनिफिट प्रदान किया जाएगा।
** तरलता के अधीन।
#SGB प्राथमिक जारी करने के दौरान खरीद की शून्य लागत है।
by Ashok Kumar | Jan 16, 2021 | Uncategorized
निवेशकों ने हाल के दिनों में कॉर्पोरेट बॉन्ड फंड्स में नए सिरे से विश्वास दिखाया है । ये फंड अपने पोर्टफोलियो का कम से कम 80 फीसदी हिस्सा एएए और एए + रेटेड बॉन्ड्स में निवेश करते हैं। के रूप में बाजार ऊबड़ बारी और ऋण जोखिम त्याग दिया है, निवेशकों को निवेश के अपेक्षाकृत कम जोखिम भरा रास्ते के लिए आते हैं । कॉर्पोरेट बॉन्ड फंड्स ने 1 अप्रैल, 2020 के बाद से लगातार प्रवाह देखा है, जो 30,646 करोड़ रुपये है। एसोसिएशन ऑफ म्यूचुअल फंड्स ऑफ इंडिया द्वारा जारी आंकड़ों के अनुसार, जुलाई में यह 11,910 करोड़ रुपये के निवेश के साथ म्यूचुअल फंड की सबसे अधिक मांग वाली श्रेणी में से एक था।
बॉन्ड फंड्स ने पिछले एक और तीन साल की अवधि में १०.०४ फीसदी और ७.३१ फीसदी रिटर्न दिया है । एक श्रेणी के रूप में क्रेडिट रिस्क फंड्स ने पिछले एक साल में 0.91 फीसदी का नुकसान किया और तीन साल में 0.96 फीसदी रिटर्न दिया। ऋण योजनाओं के सर्वश्रेष्ठ, बैंकिंग और पीएसयू डेट फंड (बीपीएसयू फंड्स) ने इसी समय सीमा के साथ क्रमशः १०.२३ प्रतिशत और ८.३ प्रतिशत रिटर्न के साथ बेहतर प्रदर्शन किया ।
क्या पिछले प्रदर्शन दोहराए जा सकते हैं?
हालांकि पिछले रिटर्न अच्छे लग रहे हैं, इस प्रदर्शन से दूर नहीं किया जाना है । कॉर्पोरेट बॉन्ड और बीपीएसयू फंड्स ने कारकों के संयोजन के कारण अच्छा किया। ब्याज दरों में तेजी से कमी आई और बॉन्ड मार्केट चालाकी से लामबंद हो गए । निवेशकों ने कम रेटेड से हाई रेटेड बॉन्ड्स में शिफ्ट होना पसंद किया । अच्छी गुणवत्ता वाले बांड वाले फंडों ने स्वस्थ प्रदर्शन की सूचना दी। भारतीय रिजर्व बैंक ने जून 2019 के बाद से ब्याज दरों में 200 आधार अंकों की आक्रामक कटौती की है – जिनमें से मार्च 2020 के बाद से 115 आधार अंक कम किए गए थे।
हालांकि कॉर्पोरेट बांड फंड आकर्षक हैं, निवेशकों को अपने भविष्य की वापसी की उम्मीदों को कम करना चाहिए । एएए-रेटेड बांडों पर केंद्रित पोर्टफोलियो बैंकों और सार्वजनिक क्षेत्र के उपक्रमों द्वारा जारी तुलनीय साधनों की तुलना में सिर्फ 5 प्रतिशत से अधिक की पैदावार प्रदान करते हैं । श्रेणी औसत रिटर्न 5.44 प्रतिशत है। और गिरती ब्याज दरों के पीछे आगे पूंजी प्रशंसा की गुंजाइश सीमित दिखती है । “आरबीआई ने पहले ही दरों में काफी कटौती की है । यदि मुद्रास्फीति नियंत्रण में रहती है, तो निकट अवधि में नीतिगत दरों में 25 से 50 आधार बिंदु अधिक कटौती की उम्मीद करें,
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कार्यकाल का अधिकार प्राप्त करना
हालांकि निकट अवधि में ब्याज दरों में वृद्धि होने की उम्मीद नहीं है, ज्यादातर फंड मैनेजर 2-4 वर्षों में परिपक्व कॉर्पोरेट बांड में निवेश कर रहे हैं, ताकि ब्याज दर जोखिम को नियंत्रित किया जा सके। अगर किसी निवेशक का मानना है कि दो साल बाद ब्याज दरों में वृद्धि होगी, तो यह समझ में आता है कि अब अच्छी गुणवत्ता वाले पोर्टफोलियो में लगभग तीन साल की संशोधित अवधि के साथ निवेश करना होगा ।
स्वस्थ जोखिम समायोजित रिटर्न अर्जित करने की संभावना के बावजूद, निवेशकों को आंख बंद करके रिटर्न का पीछा नहीं करना चाहिए। निवेश करने से पहले कॉर्पोरेट बॉन्ड फंड्स के पोर्टफोलियो की जांच करनी चाहिए, भले ही 80% या उससे अधिक एएए या एए + रेटेड इंस्ट्रूमेंट्स में हो। वह उन योजनाओं में निवेश करने की सिफारिश करते हैं जो एएए रेटिंग वाली कंपनियों में मिलती हैं और तीन से चार साल में परिपक्व होती हैं ।
“कुछ कॉर्पोरेट बॉन्ड फंड एक गिरती ब्याज व्यवस्था में अतिरिक्त रिटर्न उत्पन्न करने के लिए दीर्घकालिक बांडों पर दांव लगा रहे हैं । इसलिए, निवेशकों को योजना की संशोधित अवधि की जांच करनी चाहिए |
गिरती ब्याज दर व्यवस्था में, उच्च संशोधित अवधि वाले पोर्टफोलियो बेहतर काम करते हैं। उदाहरण के लिए, एलएंडटी ट्रिपल ऐस बॉन्ड, जिसने अपनी श्रेणी में १२.८४ प्रतिशत का सबसे अधिक एक साल का रिटर्न दिया, की संशोधित अवधि ५.७१ वर्ष है, जबकि श्रेणी के लिए औसतन ३.७३ वर्ष की तुलना में ।
हालांकि, चूंकि आगे ब्याज दर में कटौती के लिए सीमित गुंजाइश हो सकती है, इसलिए यह समझ में आता है कि वे अपेक्षाकृत कम – लगभग तीन साल – संशोधित अवधि वाले पोर्टफोलियो से चिपके रहें। इसके अलावा पोर्टफोलियो है कि उच्च पैदावार की तलाश में ए. ए. या कम रेटेड कागजात में निवेश से बचें । रणनीति चूक या डाउनग्रेड के मामले में उलटा पड़ सकता है।
अधिक उपज के लिए कम रेटेड कंपनी फिक्स्ड डिपॉजिट में निवेश करने के बजाय, न्यूनतम तीन साल की समय सीमा के साथ कॉर्पोरेट बॉन्ड फंड में निवेश करना समझ में आता है । तीन साल से अधिक समय तक आयोजित इकाइयों पर अर्जित पूंजीगत लाभ पर इंडेक्सेशन के बाद 20 प्रतिशत कर लगाया जाता है। लेकिन कंपनी फिक्स्ड डिपॉजिट से ब्याज पर आपके स्लैब पर टैक्स लगता है।
