Documents needed for mutual fund investments

It is good to plan your investments and park your money to fetch some returns and allow it some growth. When planning your investments, an investor must do the ground work and research properly. All questions regarding the size and term of investment, risk and returns associated, ratio of expense and performance, performance of fund house and its manager, along with diversification of funds should be answered. The type of scheme you plan to invest in should share common financial objectives as yours, so individual and collective aims are met. So, once you are sorted with your investment plans for taking a stake in mutual funds, next in line should be the procedure and documentation required. Often this is easily missed out when making your investment plans, though not a tall task but should surely be given a thought.
So, the list of documents that might make you a little more ready when you begin your mutual fund investments are as follows:
- Mutual Fund Account Form & SIP Form
If you are a first time investor or it is a Systematic Investment Plan (SIP) that you wish to invest in, firstly you'd be required to fill up two forms. One will help you open an account with the mutual fund and other to specify the details related to SIP for specifics related to the amount of monthly installments, frequency, etc. But if you are already invested with a mutual fund in that case you'd only be required to fill the SIP form.

 - KYC Application Form
Next in line of your list of documents will be the Know Your Customer (KYC) application form. It has been made mandatory to obtain KYC acknowledgement from anybody you wishes to invest in mutual funds. This shall be given along with the mutual fund form. By submitting the KYC acknowledgement you would no longer require to submit copies of your PAN card, which were required earlier.
 - Cancelled Blank Cheque
When you initiate your SIP investments, and defer your minimal investment for that time, you must submit along a canceled blank cheque. A cancelled blank cheque in this case is required to meet the electronic clearing system (ECS) mandate. Via this cancelled cheque details mentioned about the investor's account number, the Indian financial System Code (IFSC) code, the magnetic ink character recognition (MICR) code, are all captured.
 - Documented Proof of Relationship with Minor
In case you are planning to invest in mutual funds in the name of minor, a third-party declaration form becomes important to fill and submit. Only if you are a parent, you can invest on the behalf of the child and documents as proof to back the relationship should too be submitted.  A birth certificate or a passport with the details of parent's name and relationship can suffice. In case the child the child has a guardian as Okayed by the court, documented proof of the same establishing the relationship with the minor and guardian is a must.

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Financing Tools For Surviving In The Corporate World

The world is flowing in the corporate hush. People are trying their best to achieve more and more in this world. Many are becoming entrepreneurs by opening their new businesses. But as it is commonly said that business is the second name of the risk, there can be problems and ups downs at regular intervals in the business world. Fortunately, there are some great ways to survive the time of recession and no-income times. Let us try to focus on two main ways through which we can leverage the net income of the business.
Financing of the trade
Trade literally means buying and selling of the products, which you manufacture in your industry. Now, as a businessman, you would obviously like to keep your business flow like water. Sometimes a time comes when your trade does not go pretty well. In these times, your business could run into small troubles in terms of money. Fortunately, there are some unique methods made by the financial gurus which can help your business grow by leaps and bounds. One of those financial methods is trade financing. Most of the people would not be aware of this term because it is not a very general term amongst common people. Well, trade finance is a strategy in which you can simply finance your trades. Also, trades are nothing but product transactions as discussed earlier, financing those means supporting their routes financially so that they could reach at desired destination properly and safely. There are external agencies which can help your company by funding your trades and then get the money when you get your invoices after delivering the products at desired destinations. Trade financing is applied by many corporate giants in their company to strongly boost their income and proper utilization.

Factor
Financing of the trade was all about trading. Now another thing that might hamper your business is the late receiving of the invoices. As everybody knows that invoices are received at the end of the every month, there can be a problem in terms of the money for the businessman who is running it. So, for getting money at regular intervals to run the business, there needs to be some agency that could provide you such thing.
At the end of the month, the factor gets all the money from the customer, gives the rest of the price to the main company be subtracting their commission from it. In this way, the factor gets free money for investing in the main company and the main company gets a boost by getting the money at regular intervals. The main company can leverage its output by properly investing the incoming money for further progress.
For getting further insights in the context of surviving the corporate world, you can read about more steps on the internet or consult a consultant company itself.

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A Best Mutual Fund for Your Child - ICICI Prudential Child Care Plan-Study Plan

Children Education is one of the most important financial goal for every parents. Many of us start investing into a Bank FD or LIC Policies or any other Endowment Policies for Children education. However, this is one of the most common financial mistake that most parents do. Because Bank FDs or Insurance policies will not yield inflation-beat returns to you and might not sufficient to manage your child educational or any other needs. So, what is the best way to invest for your child with safe and high return expectations? You must have heard that Mutual funds are the best way to create wealth over the long term. But all Mutual funds are suitable to invest for your child? We will see the best Mutual fund to invest for your child in this article.

Why Mutual Funds are the Best Product for Child Investments:

1. History revealed that the Inflation-Beat returns are possible only with Mutual funds for your long term investments.
2. Mutual Funds are an attempt to inculcate long-term investing discipline in Parents
3. You can invest as low as Rs. 500 monthly (SIP approach) which is quite affordable to many parents.
4. Tax will be imparted only when you redeem the Mutual fund units. 
5. Lower Maintenance cost
6. Many resources are available to verify the track record and to choose the right Mutual funds

The Best Mutual Fund for Your Child:

Investing for child planning is always a grave concern for parents. Due to emotional attachment, they are lured with all kind of products in the name of child future and so at times it's difficult to choose the right option. Insurance companies have been long selling their child plans with some additional features than a normal insurance product. Many parents are making mistake here. Always choose Mutual funds route for your Child care planning. After studying many factors, the ICICI Prudential Child Care Plan - Study Plan is the best option for your Child education.

Why ICICI Prudential Child Care Plan - Study Plan?

1. ICICI Prudential Child Care Plan - Study Plan is Debt oriented Balanced Mutual fund
2. Un-beatable performance from the last 5 years
3. Continuous 5-star rated by ValueResearch
4. No tax on your corpus when you redeem after 3 years
5. Reducing Repo-rate cuts by RBI would yield more returns from Debt funds in the coming days
6. Higher ratio of Debt component ensures the safety and the Equity component ensures the higher returns

About ICICI Prudential Child Care Plan - Study Plan:

This plan is aimed at providing steady income through a fixed income portfolio with limited allocation to equities. The equity allocation of the plan will not go beyond 25 per cent, somewhat similar to an open-end Monthly Income Plan. This plan is suited for an investor seeking regular income for his child education.Almost 75% of its assets are allocated in Debt, less than 25% in Equity and the remaining in Cash. The top 5 equity holdings consist Motherson Sumi Systems, Natco Pharma, Indoco Remedies, Sterling Holiday Resorts, Balkrishna Industries. Because of the RBI's Repo-rate cuts, the fund performance has been zooming to 30% from the last 1 year and will assure the same performance levels in the near future as well. See the following chart about the fund performance.

Conclusion:

Planning for child future is full of emotions and you do not have a choice to defer it. But for any long term investments a careful thought needs to be given on various factors which can affect your decisions. Choose ICICI Prudential Child Care Plan - Study Plan for your child which would give highest returns blending with safety.

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Tips to Increase Your Home Loan Eligibility

Home loans are the most easily accessible financial supplement to own your dream home. However, individuals who aspire to avail home loan are encountering the stiff situation of late. Home loan eligibility is directly linked to rate of interest (ROI). It is inversely proportional to ROI. Higher interest rate implies the tougher eligibility for home loan. For the past few years home loan interest rates are increasing but this year it is falling down. But still the there are ways out to increase you eligibility criteria for higher loan amount.
Loan Tenure
Choosing the longer tenure is one of the most important considerations and primitive way to increase the home loan eligibility. It is due to reduction in EMI with higher term of repayment period.
Outstanding Loans
Eligibility for housing loan gets adversely affected if the applicant is having outstanding loans like car loan or personal loan. As per the standards, if a borrower has 12 unpaid installments then it is going to affect the loan eligibility. In order to increase your eligibility, you should pre pay the installments fully or partly.
Clubbing Incomes  
Adding your earning family member such as spouse or mother or father or son or daughter as co-borrower will make you eligible higher loan amount. Trying to get a clear picture, take an illustration. An individual is earning Rupees 2, 000, 000 and is expecting the loan of amount Rupees 4, 000, 000. Additionally if his wife is also the same amount then adding her income he can qualify for the required loan amount.

Step Up Loans
It is another way to increase the home loan eligibility. A step up loan allows you to pay lower EMI in initial years of the loan and then higher EMIs for rest of the tenure. Housing Finance Companies (HFC) usually consider the low EMI while calculating the home loan eligibility.
Perks
Salaried individuals must take into account the variable factors of his income such as performance linked pay and other incentives while applying for the housing loan. Adding the variables of income will increase the loan eligibility.
From the above points it is clear that there are many points to increase the home loan eligibility. However the applicant should be cautious and thoughtful of his financial planning while increasing the home loan amount eligibility. For example if someone decides to pre pay his outstanding loan in order to enhance the eligibility then he or she may become fund strapped. Hence it is advisable that you check your financial strength before taking any step further.

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Right ways to find private lenders for real estate!

In this article some of the right ways to find private money lenders for real estate are discussed that can prove to be helpful to you.

Do you have too many open lines of credit? If yes, then gaining loan from traditional sources like financial institutions or banks can become difficult. In case when you need urgent money for house repairing or buying new real estate property then seek for loan from private money lenders. Finding private money lenders for real estate is not difficult if you go online.

Qualifying condition for private loans are not based on your credit score or financial situation but it is based on value of your property. Definitely they charge high rate of interest as compared to traditional loans but it is good option for real estate investor.

The terms and conditions associated with private money lending are quiet strict to follow. F9nding right lender is essential and this can be done by going online. Online is the best source to find private money lenders for real estate but for this you need to carry out proper research work.

In order to find right private money lenders you need to gain referrals. Referrals can be gained by visiting Mortgage Company. This is because many times private money lenders work with mortgage lenders in order to lend money to people with bad credit score.

Get in touch with real estate agents as they can guide you when it comes to finding private money lenders. Such agents can help you to know more about lenders and can help you to get in touch with them successfully. Search for online advertisements as many private money lenders advertise online to offer loans to real estate investors.

Now whether you need private money lenders in California or New York, online search can help you to find reliable option. Joining online network for real estate investor can also help you to gain list of lenders that can help you out in property investment by funding aptly. Such online network groups can also guide you aptly when it comes to applying for loan.

Private money lenders for real estate in California can help you with loan application process successfully. They will come at your place with application form so that you can save time against travelling. You need to gain guidance from them when it comes to arranging documents. This can save your time while carrying out loan application process.

Finding private money lenders is not difficult task if you are good at search work. Place list of your requirements and mentioned property details to get in touch with right lender.

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What will Akash do to get his Dream Car?

Akash, working in an IT Company in Bangalore was sitting upset in that Coffee Orchid. Different thoughts were playing Basketball in his mind. He was eagerly waiting for his friend, Rahul. His dream car Hyundai Active i20 was flashing in front of his eyes. He had only 7 days. What will he do to get his dream car? Will he get his Car on the desired day?
Akash was entering the Coffee Orchid. His twisted face was reflecting his tensions and worries. He went in and occupied the corner seat.
Hey Akash! How are you? Rahul waved.
I am good. What about you? Akash replied as he ordered two Coffee with snacks.
Akash and Rahul were good friends. As usual, they were here for their evening coffee.
"You are looking upset. What happened? Any problem? You are planning to buy a Car. Right?" Rahul said as he gauged his mood.
"Ya... That is the problem. I have decided to buy Hyundai Active i20, but I don't have enough cash. I want to gift it to Riya on her birthday as we are getting married this month and I have only 7 days left." Akash explained.
"7 days are enough. Why are you worrying so much? Hey Dude! Wake up! You can take a Car Loan easily."
"I know Rahul. But I am not aware of the schemes and all that and I don't have enough time to visit every bank and find out some good offer." Akash replied with more tensed expressions.
Coffee was there. Rahul took his first sip and then said, "Okay. What would you give me if I'll say that I can get your Car Loan approved within 1 day with the best offer?" He was smirking.

"I am not cracking a joke." Akash was annoyed. "Okay. I'll show you your favorite movie, Fast and Furious 7. Fine!"
"So, get ready my dear friend for this Friday." Rahul grinned. "You need to do only one thing. Finalize your car. Apply Online for HDFC Car Loan on Online Financial Portals like Dialabank.com, Loannow, MagicLoans etc. Let the bank come to your place. Submit your documents and get your loan amount within 1 day into your account." Akash was listening very carefully with his coffee.
"HDFC Bank is offering the Lowest Interest Rates for Car Loan. You can save much for your wedding and you will also get your car on the desired day". Rahul pressed a brake on his words then.
"Wow! That's great. I will get what I want. Thanks, Rahul." Akash greeted.
"No need to say Thanks. I have shared one link of the Best Loan Portal Dialabank.com on your Whatsapp. Check that and gather more information on HDFC Car loan from here. And I'll wait for my movie tickets. Don't forget." Rahul smiled.
"Yes. Sure. I'll drive my Car now and You will get your movie". Both laughed and continued with their coffee.
Akash was now happy after finding a flexible way to solve his problem. Then both friends enjoyed their coffee with soft music and the conversations drifted to other topics, "Marriage", "Office", "Fast and Furious 7", "Cars" and many more. 

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Solving Business Disputes is Easy Now

International arbitration is the best way to solve any disputes between businesses from different nations, foreign investors and states also. This mechanism is considered as the best way for solving disputes as it is neutral for both the parties which means no party can take home court advantage. For the past few years, there has been an increase in the number of businesses across the world which has increased the demand of this mechanism and because of this many new arbitration centers are created every year to meet the rising demand.
The international arbitration attorney network
The international arbitration attorney network is the leading legal network of the arbitration practitioners, lawyers and law firms. The lawyers are highly experienced and offer the best cost effective solutions to their clients. These lawyers serve commercial arbitrations, investment arbitrations and State – to – State conflicts. The members of this network are either from the best corporate law firms all over the world or are experienced professors of international law.
Europe, the Middle East, Africa, Asia and North America are the major areas where these professionals are based and provide the representation for all international disputes under the law guidelines. Their legal representation has been highly praised by many of the clients and has a highly successful track in defending claims.
It is unique and search engine can also be used for searching the legal resources and also finding the answers to any queries about the international arbitration.

Leading legal resources are available
Leading legal resources are available for the clients to get help on any legal matters. Clients can take help of arbitration clauses, arbitration conferences and many other resources for their use. The major resource which is being used by many of the clients is arbitration cost calculators. With the help of this resource, they can easily get an estimate of the full cost of solving ICC, LCIA, ICSID, ICDR and SIAC international arbitration.
All these resources can be fully utilized by the client for solving any legal disputes. These all resources provide a great help to the clients and the lawyers for defending any major claims.
Schedule a free consultation
The services of IAA network have been highly praised by the clients in different parts of the world. Another major service which pleases the clients is their free consultation service. A client can schedule a free consultation via video conferencing.
For any other issues or ask a question about their arbitration legal service, contact them via. E- Mail. Fill out the necessary fields like business name, e- mail address and where the arbitration is located. Type your message and submit it. They will get back to you quickly with an answer to your question.

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