Investment Information

Kotak Mutual Fund has launched “Kotak Systematic Investment Plans” for the benefit of retail investors and low income persons. By this way you can invest a fixed amount for a certain period of months i.e. 6 months or more.

How to choose the right plans?

As an investor, it is your duty to check if you are investing in the right schemes. The brokers and agents would recommend schemes that would pay them more commissions. But you should ensure that you are getting benefitted the most.

* You should check the returns generated from the schemes in the past 6 months, 1 year, 3 years and 5 years. But please note in mutual funds, the past investments are not guaranteed in future.
* You should enquire on the entry load and exit load applicable for the mutual fund schemes in which you are planning to invest. Most of the schemes do not have entry loads. But if you plan to close your investment within 1 year, then most of the schemes would charge 1% as exit load. If you plan to close the investment after 1 year, then most of the schemes would not impose any charges. You should check these details before investing in any of the schemes.
* You should check the payment options available for investing in the SIP Plans. You can pay the monthly payments either through post dated cheques or you can apply for SIP auto debit facility.

Next Step: Find more details on SIP Plans check list.

You have to invest your hard earned money in some good investment plans to earn good returns. Mutual Funds is one of such schemes that are available to get returns. State Bank Mutual Fund is one of the best performing scheme in India. In case if you are not able to invest the money at a single payment, SBI systematic investment plan is available for your convenience.

Features:

If you want to invest in SBI SIP plans, then you have to invest a minimum amount of Rs 500 in the schemes. Most of the schemes in SBI have systematic investment plan options. You have to give post dated cheques or you have to apply for sip auto debit facility, so that the funds will be withdrawn automatically from your account. You have to fill a bank authorization form along with the SBI mutual fund application form and submit the form in the SBI fund offices or in the designated state bank of India branches. You can also apply for SBI mutual funds online. You have to register in the website and apply for the scheme in which you want to invest.

Next Step – How should you invest in this Mutual Fund?

You should analyze the ratings and research reports given by the brokerage houses for this scheme and take a decision whether to invest or not. If the fund is an existing fund, then you should analyze the past returns from these funds on a 1 year, 3 year and 5 year basis. The research reports and ratings are available in the related websites.You can find more research reports and analysis for SBI schemes. You can also compare the performance of SBI schemes with other schemes.

Retirement plans established under Section 401(k) of the Internal Revenue Code, commonly referred to as “401(k) plans,” have become one of the most popular types of employer-sponsored retirement plans.

What is a 401(k) plan?

A 401(k) plan is an employer-sponsored retirement savings plan that offers significant tax benefits. You contribute to the plan via payroll deduction, which can make it easier for you to save for retirement. Perhaps the most important feature of a 401(k) plan is your ability to make pretax contributions to the plan. Pretax means that your contributions are deducted from your pay, and transferred to the 401(k) plan, before federal (and most state) income taxes are calculated. This reduces your current taxable income. You don’t pay income taxes on the amount you contribute–or any investment gains on your contributions–until you receive payments from the plan.

For example, Melissa earns $30,000 annually. She contributes $4,000 of her pay to her employer’s 401(k) plan on a pretax basis. As a result, Melissa’s taxable income is now $26,000. She isn’t taxed on her contributions ($4,000), or any investment earnings, until she receives a distribution from the plan.

You may also be able make Roth contributions to your 401(k) plan. Roth 401(k) contributions are made on an after-tax basis, just like Roth IRA contributions. Unlike pretax contributions to a 401(k) plan, there’s no up-front tax benefit–your contributions are deducted from your pay and transferred to the plan after taxes are calculated. But a distribution from your Roth 401(k) account is entirely free from federal income tax if the distribution is qualified, as discussed below.

Many 401(k) plans let you direct the investment of your 401(k) plan account. Your employer will provide a menu of investment options (for example, a family of mutual funds). But it’s your responsibility to choose the investments most suitable for your retirement objectives.

Note: Special rules apply to SIMPLE 401(k) plans and “safe harbor” 401(k) plans.

When can I contribute?

You can contribute to your employer’s 401(k) plan as soon as you’re eligible to participate under the terms of the plan. In general, a 401(k) plan can make you wait up to a year before you’re eligible to contribute. But many plans don’t have a waiting period at all, allowing you to contribute via payroll deduction beginning with your first paycheck.

Some 401(k) plans provide for automatic enrollment once you’ve satisfied the plan’s eligibility requirements. For example, the plan might provide that you’ll be automatically enrolled at a 3 percent pretax contribution rate unless you elect a different deferral percentage, or choose not to participate in the plan. This is sometimes called a “negative enrollment” because you haven’t affirmatively elected to participate–instead you must affirmatively act to change or stop contributions. If you’ve been automatically enrolled in your 401(k) plan, make sure to check that your assigned contribution rate and investments are appropriate for your circumstances.

How much can I contribute?

There’s an overall cap on your combined pretax and Roth 401(k) contributions. In 2011, you can contribute up to $16,500 ($22,000 if you’re age 50 or older) to a 401(k) plan. If your plan allows Roth 401(k) contributions you can split your contribution between pretax and Roth contributions any way you wish. For example, you can make $9,000 of Roth contributions and $7,500 of pretax 401(k) contributions.

But keep in mind that if you also contribute to another employer’s 401(k), 403(b), SIMPLE, or SAR-SEP plan, your total contributions to all of these plans–both pretax and Roth–can’t exceed $16,500 in 2011 ($22,000 if you’re age 50 or older). It’s up to you to make sure you don’t exceed these limits if you contribute to plans of more than one employer.

Can I also contribute to an IRA?

Yes. Your participation in a 401(k) plan has no impact on your ability to contribute to an IRA (Roth or traditional). You can contribute up to $5,000 to an IRA in 2011 ($6,000 if you’re age 50 or older) if you qualify. But, depending on your salary level, your ability to make deductible contributions to a traditional IRA may be limited if you participate in a 401(k) plan.

What are the income tax consequences of contributing to a 401(k) plan?

When you make pretax 401(k) contributions, you don’t pay current income taxes on those dollars (which means more take-home pay compared to an after-tax Roth contribution of the same amount). But your contributions and investment earnings are fully taxable when you receive a distribution from the plan. In contrast, Roth 401(k) contributions are subject to income taxes up front, but qualified distributions of your contributions and earnings are entirely free from federal income tax. In general, a distribution from your Roth 401(k) account is qualified only if it satisfies both of the following requirements:

• It’s made after the end of a five-year waiting period
• The payment is made after you turn 59½, become disabled, or die

The five-year waiting period for qualified distributions starts on January 1 of the year you make your first Roth contribution to the 401(k) plan. For example, if you make your first Roth contribution to your employer’s 401(k) plan in December 2009, your five-year waiting period begins January 1, 2009, and ends on December 31, 2013.

What about employer contributions?

Employers don’t have to contribute to 401(k) plans, but many will match all or part of your contributions. Your employer can match your Roth contributions, your pretax contributions, or both. But your employer’s contributions are always made on a pretax basis, even if they match your Roth contributions. That is, your employer’s contributions, and investment earnings on those contributions, are always taxable to you when you receive a distribution from the plan.

Should I make pretax or Roth contributions?

Assuming your 401(k) plan allows you to make Roth 401(k) contributions, which option should you choose? It depends on your personal situation. If you think you’ll be in a similar or higher tax bracket when you retire, Roth 401(k) contributions may be more appealing, since you’ll effectively lock in today’s lower tax rates. However, if you think you’ll be in a lower tax bracket when you retire, pretax 401(k) contributions may be more appropriate. Your investment horizon and projected investment results are also important factors. A financial professional can help you determine which course is best for you.

Whichever you decide–Roth or pretax–make sure you contribute as much as necessary to get the maximum matching contribution from your employer. This is essentially free money that can help you reach your retirement goals that much sooner.

What happens when I terminate employment?

When you terminate employment you generally forfeit all contributions that haven’t vested. Vesting means that you own the contributions. Your contributions, pretax and Roth, are always 100 percent vested. But your 401(k) plan may require up to 6 years of service before you fully vest in employer matching contributions (although some plans have a much faster vesting schedule).

When you terminate employment you can generally leave your money in your 401(k) plan until the plan’s normal retirement age (typically age 65) if your account balance exceeds $5,000, or you can roll your dollars over tax free into an IRA or into another employer’s retirement plan.

What else do I need to know?

• Payroll deductions can make saving for retirement easier. The money is “out of sight, out of mind.”
• You may be eligible to borrow up to one half of your vested 401(k) account (to a maximum of $50,000) if you need the money.
• You may also be able to make a hardship withdrawal if you have an immediate and heavy financial need. But this should be a last resort–hardship distributions are taxable to you (except for your Roth and any other after-tax contributions), and you may be suspended from plan participation for 6 months or more.
• If you receive a distribution from your 401(k) plan before you turn 59½ (55 in some cases), the taxable portion may be subject to a 10 percent early distribution penalty unless an exception applies.
• Depending on your income, you may be eligible for an income tax credit of up to $1,000 for amounts contributed to the 401(k) plan.
• Your assets are generally fully protected in the event of your, or your employer’s, bankruptcy (some exceptions apply).

Section 529 plans can be a great way to save for college–in many cases, the best way–but they’re not the only way. When you’re investing for a major goal like education, it makes sense to be familiar with all of your options.

U.S. savings bonds

U.S. savings bonds are backed by the full faith and credit of the federal government. They’re very easy to purchase, and available in face values as low as $50 ($25 if purchased electronically). Two types of savings bonds, Series EE (which may also be called Patriot bonds) and Series I bonds, are popular college savings vehicles. Not only is the interest earned on them exempt from state and local tax at the time you redeem (cash in) the bonds, but you may be able to exclude at least some of the interest from federal income tax if you meet the following conditions:

• Your modified adjusted gross income (MAGI) must be below $86,100 if you’re filing single and $136,650 if you’re married filing jointly in 2011
• The bond proceeds must be used to pay for qualified education expenses
• The bonds must have been issued in 1990 or later
• The bonds must be in the name of one or both parents, not in the child’s name
• Married taxpayers must file a joint return
• The bonds must have been purchased by someone at least 24 years old
• The bonds must be redeemed in the same year that qualified education expenses are being paid

But a 529 plan, which includes both college savings plans and prepaid tuition plans, may be a more attractive way to save for college. A college savings plan invests primarily in stocks through one or more pre-established investment portfolios that you generally choose upon joining the plan. So, a college savings plan has a greater return potential than U.S. savings bonds, because stocks have historically averaged greater returns than bonds (though past performance is no guarantee of future results). However, there is a greater risk of loss of principal with a college savings plan. Your rate of return is not guaranteed–you could even lose some of your original contributions. By contrast, a prepaid tuition plan generally guarantees you an annual rate of return in the same range as U.S. savings bonds (or maybe higher, depending on the rate of college inflation).

Perhaps the best advantage of 529 plans is the federal income tax treatment of withdrawals used to pay qualified education expenses. These withdrawals are completely free from federal income tax no matter what your income, and some states also provide state income tax benefits. The income tax exclusion for Series EE and Series I savings bonds is gradually phased out for couples who file a joint return and have a MAGI between $106,650 and $136,650. The same happens for single taxpayers with a MAGI between $71,100 and $86,100. These income limits are for 2011 and are indexed for inflation.

However, keep in mind that if you don’t use the money in your 529 account for qualified education expenses, you will owe a 10 percent federal penalty tax on the earnings portion of the funds you’ve withdrawn. And as the account owner, you may owe federal (and in some cases state) income taxes on the earnings portion of your withdrawal, as well. Plus, there are typically fees and expenses associated with 529 plans. College savings plans may charge an annual maintenance fee, an administrative fee, and an investment fee based on a percentage of total account assets, while prepaid tuition plans typically charge an enrollment fee and various administrative fees.

Mutual funds

At one time, mutual funds were more widely used for college savings than 529 plans. Mutual funds do not impose any restrictions or penalties if you need to sell your shares before your child is ready for college. However, if you withdraw assets from a 529 plan and use the money for noneducational expenses, the earnings part of the withdrawal will be taxed and penalized. Also, mutual funds let you keep much more control over your investment decisions because you can choose from a wide range of funds, and you’re typically free to move money among a company’s funds, or from one family of funds to another, as you see fit.

By contrast, you can’t choose your investments with a prepaid tuition plan, though you are generally guaranteed a certain rate of return or that a certain amount of tuition expenses will be covered in the future. And with a college savings plan, you may be able to choose your investment portfolio at the time you join the plan, but your ability to make subsequent investment changes is limited. Some plans may let you direct future contributions to a new investment portfolio, but it may be more difficult to redirect your existing contributions. However, states have the discretion to allow you to change the investment option for your existing contributions once per calendar year or when you change the beneficiary. Check the rules of your plan for more details.

In the area of taxes, 529 plans trump mutual funds. The federal income tax treatment of 529 plans is a real benefit. You don’t pay federal income taxes each year on the earnings within the 529 plan. And any withdrawals that you use to pay qualified higher education expenses will not be taxed on your federal income tax return. (But if you withdraw money for noneducational expenses, you’ll owe income taxes on the earnings portion of the withdrawal, as well as a 10 percent federal penalty)

Tax-sheltered growth and tax-free withdrawals can be compelling reasons to invest in a 529 plan. In many cases, these tax features will outweigh the benefits of mutual funds. This is especially true when you consider how far taxes can cut into your mutual fund returns. You’ll pay income tax every year on the income earned by your fund, even if that income is reinvested. And when you sell your shares, you’ll pay capital gains tax on any gain in the value of your fund.

Custodial accounts

A custodial account holds assets in your child’s name. A custodian (this can be you or someone else) manages the account and invests the money for your child until he or she is no longer a minor (18 or 21 in most states). At that point, the account terminates and your child has complete control over the funds. Many college-age children can handle this responsibility, but there’s still a risk that your child might not use the money for college. But you don’t have to worry about this with a 529 plan because you, as the account owner, decide when to withdraw the funds and for what purpose.

A custodial account is not a tax-deferred plan. The investment earnings on the account will be taxed to your child each year. Under special rules commonly referred to as the “kiddie tax” rules, children are generally taxed at their parent’s (presumably higher) tax rate on any unearned income over a certain amount. For 2011, this amount is $1,900 (the first $950 is tax free and the next $950 is taxed at the child’s rate). The kiddie tax rules apply to: (1) those under age 18, (2) those age 18 whose earned income doesn’t exceed one-half of their support, and (3) those ages 19 to 23 who are full-time students and whose earned income doesn’t exceed one-half of their support. The kiddie tax rules significantly reduce the tax savings potential of custodial accounts as a college savings strategy. Remember that earnings from a 529 plan will escape federal income tax altogether if used for qualified higher education expenses; the state where you live may also exempt the earnings from state tax.

But a custodial account might appeal to you for some of the same reasons as regular mutual funds. Though the funds must be used for your child’s benefit, custodial accounts don’t impose penalties or restrictions on using the funds for noneducational expenses. Also, your investment choices are virtually unlimited (e.g., stocks, mutual funds, real estate), allowing you to be as aggressive or conservative as you wish. As discussed, 529 plans don’t offer this degree of flexibility.

Note: Custodial accounts are established under either the Uniform Transfers to Minors Act (UTMA) or the Uniform Gifts to Minors Act (UGMA). The two are similar in most ways, though an UTMA account can stay open longer and can hold certain assets that an UGMA account can’t.

Finally, there is the issue of fees and expenses. Depending on the financial institution, you may not have to pay a fee to open or maintain a custodial account. But generally you can count on incurring at least some type of fee with a 529 plan. College savings plans may charge an annual maintenance fee, an administrative fee, and an investment fee based on a percentage of total account assets, while prepaid tuition plans typically charge an enrollment fee and various administrative fees.

Trusts

Though trusts can be relatively expensive to establish, there are two types you may want to investigate further:

Irrevocable trusts: You can set up an irrevocable trust to hold assets for your child’s future education. This type of trust lets you exercise control over the assets through the trust agreement. However, trusts can be costly and complicated to set up, and any income retained in the trust is taxed to the trust itself at a potentially high rate. Also, transferring assets to the trust may have negative gift tax consequences. A 529 plan avoids these drawbacks but still gives you some control.

2503 trusts: There are two types of trusts that can be established under Section 2503 of the Tax Code: the 2503c “minor’s trust” and the 2503b “income trust.” The specific features and tax consequences vary depending on the type of trust that is used, and the details are beyond the scope of this discussion. Suffice it to say that either type of trust is much more costly and complicated to establish and maintain than a 529 plan. In most cases, a 529 plan is a better way to save for college.

Note: Investors should consider the investment objectives, risks, charges, and expenses associated with 529 plans before investing. More information about specific 529 plans is available in the issuer’s official statement, which should be read carefully before investing. Also, before investing, consider whether your state offers a 529 plan that provides residents with favorable state tax benefits.

To fulfill your dreams, you have to make some investments to get good returns. But you should do it with less risk so that you do not lose your hard earned money. State Bank of India Mutual Fund has launched “Systematic Investment Plans”, which is a smart way of investing your money. You can invest a little amount of Rs 500 every month to the Mutual funds.

SBI Chota SIP:

Recently SBI has launched micro systematic investment plan called “SBI Chota SIP”, where you can make a minimum payment of Rs 100 every month. This helps the low income people in the rural areas to invest their money in the equity. There is also SIP auto debit facility for this plan. If you have opted for this option, then your monthly installment will be withdrawn automatically from your bank savings account each month. You can get the sip application form from the various SBI Mutual fund offices available all over India or in the designated state bank of india branches.

You have to fill the form and submit a PAN Card copy along with the application form. If you apply for a sip auto debit facility, you should also fill a authorization form for the banks. Once the application form is processed, you will get a statement indicating the number of units allotted for you and also the price at which it is allotted. This statement you will get every month when the monthly payments are sent from the bank and credited to the fund account. The price at which the new units are allotted will change depending on the latest NAV.

According to our research report “US Retirement Income Market Analysis”, retirement savings market forms a significant part of the overall financial market in the US. It is anticipated to take off in a big way in lieu of the improving life expectancies, declining mortality rate, and growing employment base. As of now, the retirement system is employer-driven in the country, but gradually, it is moving towards the ‘self-driven’ system, thus offering more opportunities to new entrants in the market. Moreover, it is expected that, the US Retirement plan assets will reach to US$ 4.3 Trillion by 2014, growing at a CAGR of around 9% during 2011-2014.

Ongoing research found that, IRA (Individual Retirement Accounts) and Defined Contribution (DC) accounts for the majority of retirement assets in the US and these are predicted to witness significant growth in future. Improving life expectancies and old age population are the main driving factors of the retirement solutions markets in the US.

The report outlines that, in terms of different segments of the market; Individual Retirement Account (IRA) dominates all the segments and is responsible for the highest sales in the country. However, in terms of financial institutions that possess IRAs, mutual fund institutions accounted for majority of the total fund held under IRA, thus creating opportunities for individual to invest in these retirement plans.

Besides, the report analyzes factors critical to the success of the US retirement solution market. It has also identified key players in the market and included their detail business description. Additionally, the report sheds light on the emerging market opportunities, which are expected to decide the future of the US retirement solutions market.

“US Retirement Income Market Analysis” provides a detail analysis along with the current and future outlook of the retirement market and explores the market developments and potential. This report will help clients in analyzing leading-edge opportunities critical to the success of the market. Based on this analysis, the report predicts the future of the market that is intended as a rough guide to the direction, in which, the market is likely to move in future.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM332.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

This week we’re going to be talking about an important area of college financial planning that for many parents is often very confusing: that is, 529 plans. For many of the parents we work with who have students in their sophomore, junior or senior year in high school understanding what 529 plans are and whether they can be useful is an important question that needs to be answered. So in order to best answer this question we’ll first start talking about the purpose behind 529 plans.

The Purpose Behind 529

529 plans are a type of savings vehicle designed specifically to help families financially prepare to send their children to college by making consistent contributions to the fund before the student attends college. With total 4 year college expenses for 2010 totally anywhere from $30,000 up to $300,000 and rising 6% per year the United States government has recognized that for many parents raising the necessary cash to pay for college needs to be a long term strategy. With that in mind, the IRS in 1996 created section 529 which allowed a special tax exempt investment vehicle to be created to help make saving for college easier for families across America.

529 plans are similar to other mutual funds or investment accounts in that when you make contributions to the plan the 529 fund manager will invest those funds into a diverse array of stocks, bonds etc that correspond to the investment goals outlined by that manager. 529 plans differ however in that the manager who runs these funds have to adhere to the specific guidelines and regulations inherent to the plan in order to better ensure that the funds are conservatively invested in ways to make sure the money is available for families when the student is ready to attend college.

A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. It is named after Section 529 of the Internal Revenue Code which created these types of savings plans in 1996.

529 Plans can be used to meet costs of qualified colleges nationwide. In most plans, your choice of school is not affected by the state your 529 savings plan is from. You can be a CA resident, invest in a VT plan and send your student to college in NC.

Enrolling in a 529 plan

There are two ways to invest in a 529 plan.

1. Directly with the 529 Plan manager. (Click Here)
2. Through a financial advisor. (Click Here)

Here are the top advantages and disadvantages of 529 plans as indicated by the College Planning Saturday staff:

Top Advantages

• All the account’s earnings are exempt from federal tax when they are withdrawn if they are used for qualified education expenses. This means that, unlike the taxes you have to pay on earnings from regular stock investments, you won’t pay any tax on the 529 account earnings unless you end up using the money for something other than higher education. Earnings are currently tax-deferred in most states as well.

• A break on the earnings tax isn’t the only tax advantage, either. Although your contributions aren’t pre-tax (you pay state and federal tax on the money you put into the account), there are some states that let you deduct a portion of your contributions from your state taxes.

• Unlike custodial accounts or Education Savings Accounts (ESAs, IRAs) the beneficiary does not gain control of the money at a specific age (usually 18 or 21 for those types of accounts). The account owner always has control of the money. This helps lessen that parental anxiety that their children may use the money for purposes outside college expenses.

• There are no restrictions on who can open a 529 account for whom. You can open an account for your child, a friend’s child, a relative or even yourself.

• Anyone can contribute to the account

Top Disadvantages

• This may not be suitable strategy for someone who has child about to go to college in less than 2-4 years. It would be better to invest in a traditional mutual fund as the fund expenses would be much lower than in the 529 Plans.

• Investing in a 529 plan may reduce a student’s eligibility to participate in need-based financial aid.

• A withdrawal for non-education purpose may be subject to income tax on the gains only and an additional 10% federal tax penalty on earnings.

• Of the 45 states that have established plans, 27 of them charge expenses of more than 1% per year and 10 of those states take additional sales loads. These fees are considerably higher than those normally charged in a regular mutual fund or investment account

How 529 Plans Work in Action

Here is a simplified example of how 529 plans works:

You file the FAFSA aid application when your child is a senior in high school. Let’s say you have a 529 savings account (you are the owner, not your child) with $20,000 in it of which $10,000 represents your original contribution and $10,000 is earnings.

Year 1:

Your eligibility for federal financial aid this year will decrease by no more than 5.64% of the account value, or $1,128 ($20,000 x 5.64%). Assume there is no further appreciation in the account and you withdraw $5,000 in the fall to pay for the first semester college bills.

Year 2:

You have $15,000 left in the account when you apply for aid for sophomore year, and you will again be assessed up to 5.64% of the account value or $846 ($15,000 x 5.64%). The $5,000 withdrawal brought $2,500 of excluded earnings with it, but as indicated above, none of the withdrawal is counted as financial aid income.

The federal aid formula is more complicated than what is described here, but this gives you a general idea of how to calculate the financial impact of a 529 savings account.

Sound complicated? It is. And we are only talking about the federal financial aid rules her-each school usually sets its own rules when handing out its own need-based scholarships, and many schools are starting to adjust awards when they discover 529 accounts in the family. Also consider that the federal financial aid rules are subject to frequent change. Finally, remember that most financial aid comes in the form of loans, not grants, and so you end up paying it back anyway if you don’t understand how the school incorporates 529 plans into their financial aid award decisions.

The Bottom Line

The bottom line about 529 plans is that fundamentally they operate as a savings account. This means that if you choose to use one you need to make sure you start early so that the accumulated earnings will have the opportunity to grow enough to benefit the family. It’s also important to understand comprehensively how 529 plans are handled by the college’s financial aid office so that your hard work and savings aren’t penalized by the institution reducing your family’s financial aid award because you have one. Last, like all savings accounts with assets invested in the market it’s incredibly important to understand what type of account you have so that you properly understand the level of risks and rewards within the plan so you have a good forecast of what your projected out-of-pocket costs will be when the tuition bill arrives.

For many families, finding the extra income necessary to consistency make contributions to a 529 plan is challenging in light of the many new and constantly changing bills and expenses faced on a daily basis and as a result understanding what strategies and techniques are available to immediately increase financial aid awards and minimize out-of-pocket costs should be of vital concern. If you’re looking for tools and strategies available to immediately increase the quality of your student’s financial aid package then I invite you to attend one of our free workshops hosted by me for advice and consultation by clicking on the following link to discover our next available free workshop.

To discover the business-side behind the admissions and financial aid process the “stuff-behind-the-stuff” sign up to receive (1) a free chapter of Phillip Lew’s College Planning book, (2) a report on which colleges give grants for high income families and (3) a database on where to find the highest quality private scholarships. To instantly receive these free gifts go to www.totalcollegesolutions.com and watch our 5 minute introductory free video.

Religare is a trusted name in India and are known for giving the best and varied investment plans. They have various SIP to give you the facility of investing without having much money in hand.

As all knows mutual fund investment is subject to market risk and one needs to be extra careful while making their hard earned money going to risk, so the best is to go for monthly schemes from Religare. They are the best and have varied option to invest starting from Rupees 500. They will allow you to buy units on the current rate and you will be able to gain units each month with online money transfer. This way you will be able to reach a secured future without taking a high risk.

Always remember some tips before you go for investing into any mutual fund,

Make a survey of the funds that you are investing.
Take a report from that organization of the growth rate for that particular fund.
Take a look into the market and economic conditions and then make investment.
The investment plan must have the facility of each sellout.

These points will make your investment get higher benefits and with Religare they are extra safe, as they are given maximum benefit. The funds have various extra facilities and so they are called the most trusted brand. Some of these plans have various tax benefits. For details you will have to contact the nearest office where the fund advisor will guide your way of investment.

There are a number of ways for investing in the Religare mutual fund you may directly visit their website and make the payment or you may buy from your trading account.