Make your money grow- personal finance
11:45 AM Posted by ukmad
If anyone has some specific questions he could ask Bankim about it at bhagwatbankim@gmail.com.
I believe that the present economic scenario caused by a worldwide slow down and upheavals in the Indian Money Market are only of temporary nature. Based on the economic forecasts released by Central Statistical Organization the Indian economy is expected to grow at 7.00 per cent in the current fiscal despite the global economic crisis. Thus, the future prospects appear to be positive and present you with an investment opportunity now.
Keeping the above scenario in mind one can create an investment portfolio to one’s risk appetite and return expectations. It may be advisable to allocate some portion of your investments to equities as an asset class and thereby partake and participate, to benefit from our growing economy.
I will highlight some of the Investment Options available with UTI which has enabled many investors structure a financial plan for their financial goals and could therefore be a part of your investment portfolio.
As you are aware, UTI has transformed itself into one of the best Asset Managers of the country. UTI Mutual Fund has a highly qualified and professional fund management team to take care of the investor’s investments. UTI Asset Management Company Ltd. has been awarded the “Best Equity Fund House of the Year” by ICRA* and as the “Best Debt Fund House” by Outlook Money and NDTV Profit* recently for its best Fund Performance. This is a reflection of the commitment to provide investors with the best possible wealth creation solutions. These awards from independent and renowned agencies in the Indian Financial scenario also recognizes UTI as being one of the most competent Fund Managers of the country on various parameters by these experts. However, past performance is no guarantee of future results
1. UTI DIVIDEND YIELD FUND
UTI DIVIDENT YIELD FUND is positioned as a conservatively managed equity fund. The fund portfolio will primarily comprise of stocks which are high dividend yielding (on historical basis) or potential high dividend yielding stocks. The fund will have a good mix of companies across various sectors. The fund is well suited for investors with medium to low risk profile and with a long term investment horizon. The fund aims to distribute regular dividends to its investors. Investors have an advantage of lower expense ratio as UTI Dividend Yield Fund is the largest fund in the dividend yield funds category in the industry. The Fund has a fair amount of retail participation. This helps in mitigating the volatility risks that may arise out of movement into and out of the Fund by large investors.
2. UTI OPPORTUNITIES FUND
UTI OPPORTUNITIES FUND is an open ended equity oriented scheme. This scheme seeks to generate capital appreciation and / or income distribution by investing the funds of the scheme in equity shares and equity related instruments. The main focus of this scheme is to capitalize on opportunities arising in the market by responding to the dynamically changing Indian economy by moving its investments amongst different sectors as prevailing trends change, for investors looking to supplement their core equity portfolio with a dynamically managed portfolio.
3. UTI WEALTH BUILDER FUND SERIES II
First of its kind to offer an asset allocation combining financial asset allocation combining financial assets as well as physical asset. By providing exposure to alternative asset class the fund offers common investor a strategy traditionally reserved for HNI’s / Institutional clients. Alternative assets aid to portfolio diversification even in down markets due to their less / low correlation to traditional asset class like equity. Convenience of investing through SIP / STRIP in a fund that will have exposure to
Gold ETF’s, leading to a portfolio built over various market phases and economic conditions. Alternative market levels provide opportunities to clock higher growth over the market starts moving upward.
4. UTI MASTERSHARE FUND
UTI MASTERSHARE is an open ended equity fund aiming to provide benefit of capital appreciation by investing the funds of the scheme in equity shares, equity related instruments and fully convertible bonds / debentures of the company. Investment may also be made in issued of partly convertible debentures / bonds including those issued on rights basis subject to the condition that as far as possible the non convertible portion of the debentures / bonds so acquired or subscribed shall be disinvested within a period of twelve months from the date of acquisition.
5. UTI BOND FUND.
The Bond fund is positioned as an aggressively managed pure debt fund with a high quality portfolio mix of G-Sec and PSU Bonds to capture both the duration movements as well as the spread compression & gets the best of both the worlds without compromising
on credit quality . Ideal for an investor who invests with a long term horizon & wants a higher return at a moderate right level.
6. UTI EQUITY TAX SAVINGS FUND
EQUITY LINKED SAVINGS SCHEME is similar to the normal equity diversified schemes but what differentiates it from an open-ended equity diversified scheme is tax saving benefit and a lock-in period of three years. Flexibility to fund manager to focus on long term opportunities. E L S S has potential to counter inflation and notch up healthy inflation adjusted returns.
Author: Bhagwat Bankim
E Mail: bhagwatbankim@gmail.com
098452 73406
KAIVALYA YOGA MANDIR helping Belgaum to live HEALTHY & DISCIPLINED LIFE
1:15 PM Posted by ukmad
In my endeavor to get you stories from all fields here is one which will help you lead a healthy & disciplined life, KAIVALYA YOGA MANDIR.
As everyone is well aware, YOGA is an ancient science developed by our forefathers, thousands of years ago, so that mankind could lead a very HEALTHY & DISCIPLINED LIFE, both physically and mentally. Unfortunately, over the years, they seem to have ignored this great science.
SWAMI KUVALYANANDJI
YOGAMAHIRISHI HANAMANTRAO SAWANT
They sincerely feel that interest in YOGA has to be revived amongst the citizens and it is with this intention and with the inspiration drawn from Yogamahirishi Late Shri Hanmantrao Savant, they formed a public institution, KAIVALYA YOGA MANDIR, duly registered under the Societies Act, 1960.
BRIEF HISTORY of KAIVALYA YOGA MANDIR
An informal group of Yoga enthusiasts (all disciples of Shri Hanmantrao Savant), under the dynamic leadership of Prof. Vijay Majali, started the regular practice of Yoga in 1978 at Shri Ram Mandir, Tilakwadi, Belgaum. As time passed by, our family of Yoga enthusiasts grew by leaps and bounds. In next to no time many ladies started evincing interest and hence an exclusive batch for ladies was started, ably led by Mrs. Shoba Majali. The strength increased to such an extent that the premises of Shri Ram Mandir was insufficient and hence the thought of having our own building, germinated in the minds of all the members. 
Due to the good offices of Shri Prabhakar Kore, M.P., they were allotted about 5 gunthas of land by BUDA on which our building stands, today. Having got the land, they approached the philanthropic citizens of Belgaum for donations and the response was overwhelming. Not even in their dreams had they imagined that they would be able to collect so much money, in a comparatively short period of time. Our efforts were further boosted by Mr. Vijay (Bandu) Pusalkar (a worthy son of Belgaum now residing in Pune), who very generously donated a sum of Rs. 3,00,000/- towards the building fund. They also received a very generous donation of Rs.1,00,000/- from Mrs. Manorama Kulkarni. Another booster, to our efforts, came from Shri Narayanrao Tarale, the then MLA of Belgaum, who sanctioned a sum of Rs. 3,00,000/- from the Local Area Development Fund. Thus, with the good wishes of all, the building was completed in JANUARY 2000. Since then, Yoga is regularly practiced at the Hall. On an average, almost 150 people practise Yoga everyday at the Hall.
Hall
ACTIVITIES
Their main objective is to create awareness about Yoga, amongst the citizens of Belgaum, they have organized several YOGA SHIBIRS by inviting stalwarts in the field of Yoga to conduct camps , on various aspects of Yoga, in Belgaum.
Prominent among them are
1) Padmashri SADASHIVRAO NIMBALKAR from MUMBAI
2) Dr. DHANANJAY GUNDE from KOLHAPUR.
3) Shri SHRIKRISHNA VYAVAHARE from THANE
4) Shri VINOD SAMPRASAD from PUNE.
With the active participation of prominent DOCTORS from PRABHAKAR KORE’S KLE hospital, they organised THREE (03) camps on REVERSAL OF HEART DISEASES.
The doctors who guided these camps are Dr. MAHADEV DIXIT, Dr. (Mrs.) MADHURI DIXIT, Dr. (Mrs.) NEETA DESHPANDE, Dr. SURESH PATTED, and Dr. PRABHU HALKATTI.
The doctors explained, in detail, the various causes of HEART DISEASES and how one can safeguard himself from these diseases. Their scientific knowledge about the disease was combined with various YOGIC PRACTISES for the benefit of the people who attended the camps. Several aspects such as LIFESTYLE and DIET were discussed and explained. In order to OBJECTIVELY & SCIENTIFICALLY assess the effect of YOGA on the disease, several tests were conducted on the participants, before the start of the camps and the same tests were repeated at the conclusion of the camps. It was indeed very heartening to observe that there was a marked improvement in all the parameters tested, thus proving the efficacy of YOGA in the treatment of heart diseases.
The Ladies wing, under the leadership of Mrs. Shobha Majali, is also very active in the pursuit of their objectives. They have conducted various camps for ladies at the KLE Lingraj College, Jyoti College and at Shahapur. Camps for children are conducted during the summer vacations almost on an annual basis.
ORGANISATION
KAIVALYA YOGA MANDIR is registered under the Societies Act 1960 and is managed by a MANAGING COMMITTEE of 15 members duly elected every three years. The practice sessions are held every day in various batches so as to be as convenient as possible to the members. People from all sections of the Society without any distinction of religion, caste, creed. colour, language, social or financial status are members of our organization. They are an absolutely apolitical organisation and function on a No LOSS NO PROFIT basis and only a nominal fee to maintain the infrastructure is collected from the members. Whosoever works for the organisation does it on a VOLUNTARY basis and does not get any pecuniary benefit from the organisation.
The TIMINGS for the various batches are as under.
TIME | BATCH |
06 - 10 A.M to 07 - 30 A.M. | Ladies only |
06 - 20 A.M. to 07 - 50 A.M. | Gents only |
02 - 45 P.M. to 04 - 00 P.M. | Ladies only |
06 - 00 P.M. to 07 - 00 P.M. | Combined batch of Ladies & Gents |
People interested in joining the organisation or for making donations can contact the following people for further details. Donations to Kaivalya Yoga Mandir are exempted from INCOME TAX U /S 80 G.
NAME | DESIGNATION | TEL.NO. |
Prof. VIJAY MAJALI | President | 2482464 / 9448814574 |
Mr. VIJAY BHAGWAT | Secretary | 2426514 / 9845273406 |
Mrs. SHOBHA MAJALI (LADIES WING) | MEMBER, M.C. | 2482464 |
KAIVALYA YOGA MANDIR
PLOT 105/1, MANDOLI ROAD,
BELGAUM.
