PPF V/S ELSS Date

THE NAVHIND TIMES 12 TUESDAY, AUGUST 5, 2014 BIZ PPF ELSS Date Amount Interest Withdrawal Balance NAV Units Balance Units Value 5-Mar-1998 30,000 30,000 11 2,616 2,616 30,000 4-Mar-1999 20,000 19 1,066 3,681 69,093 4-Mar-1999 20,000 19 1,066 4,747 89,093 Sensex, Nifty rise most in 31-Mar-1999 4,336 PPF v/s ELSS 6-Mar-2000 60,000 47 1,288 6,034 281,191 31-Mar-2000 9,312 143,648 BY TENSING RODRIGUES I would say very low; by very 23-Mar-2001 60,000 16 3,783 9,817 155,701 31-Mar-2001 15,622 219,270 2 weeks ahead of RBI meet long term I mean more than 9-Jan-2002 30,000 17 1,723 11,540 200,918 26,400 Which of the two is better: 15 years; longer the safer. It 9-Jan-2002 30,000 279,270 17 1,723 13,264 230,918 PTI said Dipen Shah, PPF or ELSS? is with this perspective that I 31-Mar-2002 21,664 26,200 BSE SENSEX 25,723.16 head of Private Client 4-Mar-2003 60,000 360,934 19 3,079 16,342 318,506 would like to share with you MUMBAI: Domestic 26,000 Group Research, Kotak Pandurang Naik 31-Mar-2003 27,233 388,168 markets on Monday Securities. a real life case that a friend 2-Mar-2004 70,000 458,468 41 1,690 18,032 747,050 25,800 Your question is simple; was kind enough to let me 31-Mar-2004 31,520 489,688 surged the most in nearly Meanwhile, Foreign but, sorry, the answer 4-Mar-2005 70,000 559,688 71 990 19,022 1,344,476 two weeks with Sensex 25,600 Portfolio Investors (FPIs) quote. Mr XYZ invested in 31-Mar-2005 39,642 599,329 25,400 cannot be so simple. Good PPF between 1998 and 2014. 10-Feb-2006 20,000 117 171 19,193 2,248,999 surging 242 points and sold shares worth a net Rs 25,516.35 242.32 is a rather ambiguous word. My friend calculated 10-Feb-2006 50,000 669,329 117 427 19,619 2,298,999 the Nifty rising 81 points 25,200 1,072.96 crore last Friday The goodness of 31-Mar-2006 48,413 717,742 led by gains in rate- as per provisional data the units of an ELSS 1-Mar-2007 140,000 577,742 136 -1,030 18,589 2,526,077 25,000 a investment lies scheme that XYZ 20-Mar-2007 70,000 647,742 129 542 19,131 2,472,088 sensitive shares ahead 1 2 3 4 7 8 9 10 11 14 15 16 17 18 21 22 23 24 25 28 30 31 1 4 from the stock exchanges. in basically two would get for each 31-Mar-2007 56,486 704,228 134 422 19,553 2,617,724 of RBI policy meet while July 2014 Aug Asian stocks ended attributes : the 7-Mar-2008 40,000 744,228 157 255 19,807 3,112,325 persisting weakness in Change mixed with upward sum invested in 31-Mar-2008 56,338 800,566 Intra-day on August 4 242.32 (0.95%) return and the 27-Feb-2009 70,000 810,566 89 783 20,590 1,841,746 the rupee boosted IT bias in choppy trade on PPF on that date, 25,750 Close: Top Top % risk. And the most and compared the 31-Mar-2009 64,512 935,078 stocks. Open: 25,723.16 Gainers % Losers Monday as investors 13-Feb-2010 70,000 1,005,078 191 367 20,957 3,995,052 25,700 25,631.68 important point balance in PPF and Easing crude oil Sun weighed a smaller-than- 31-Mar-2010 75,273 1,080,351 25,650 Infosys 3.66 -0.98 is that both move the hypothetical 11-Aug-2010 70,000 1,150,351 228 308 21,265 4,838,578 prices on receding Pharma forecast increase in US Hindalco together. 31-Mar-2011 89,695 1,240,046 geo-political worries 25,600 -0.81 payrolls and the bailout value of the Inds 3.12 HDFC PPF is a YOUR 2-Apr-2011 70,000 1,310,046 233 301 21,565 5,019,792 and positive European 25,550 of a Portuguese bank. Key accumulated ELSS 31-Mar-2012 107,424 1,417,470 Bharti SSLT 2.44 -0.71 fixed returnMONEY investment as on 12-Apr-2012 100,000 1,517,470 221 453 22,018 4,863,593 markets on reports that 25,500 Airtel indices in China, Hong 31-Mar-2013 132,804 1,650,272 Kong, South Korea and investment; the July 8, 2014. The Rs Portuguese central bank 25,450 25,480.84 2-Jul-2013 100,000 1,750,274 223 449 22,467 5,002,346 Previous close: Wipro 2.42 Cipla -0.35 risk in it is as good 1,40,000 redemption is set to financially rescue 25,400 Taiwan settled with gains 31-Mar-2014 150,099 1,900,373 Maruti HDFC as zero. ELSS is an equity 9-Apr-2014 100,000 2,000,373 284 352 22,820 6,474,874 a crisis-hit lender, also 11 2.40 -0.26 while from Japan and in PPF has been matched by 9 10 12 1314 15 16 Suzuki Bank Total Invested Withdrawn Current Value Current NAV Current Value helped Indian markets KBK Infographics Singapore closed with product. So naturally it has an equivalent redemption 8-Jul-2014 risk as its inherent attribute. in the ELSS to keep the 1,266,486 140,000 2,000,373 356 8,116,299 snap a two-session losing losses. But, if you look at it as a very comparison fair. The rest trend. Monday’s 81.05-point realty, capital goods and European markets long term investment, the is for you see - and come to Please send your comments and queries to : The BSE 30-share gain is also Nifty’s best auto shares were in good also were trading mixed risk in equity is relatively low, your own conclusion. <[email protected]> Sensex resumed strong since July 22 (83.65 demand. in late morning deals. in line with firm Asian points). IT shares were in the The CAC was up by 0.48 cues and traded mostly in Expectations that limelight after steep fall per cent, the FTSE by positive before settling at the Reserve Bank of India in the rupee value last 0.06 per cent while the Air India leases 25,723.16, a rise of 242.32 (RBI) in its monetary week. Infosys was the top DAX was down by 0.30 MPT to earn `50-70 cr annually out Mumbai points or 0.95 per cent -- policy review on Tuesday gainer from the Sensex per cent. its biggest gain since July will give some relief pack with a rise of 3.66 Jignesh Chaudhary, property to 22, 2014 (310.63 points). supported the bullish per cent. Wipro rose by head of research, Veracity from twin coal handling units The Sensex had lost market sentiment, 2.42 per cent and TCS by Broking Services said: raise funds 606.38 points, or 2.33 per brokers said. However, 0.42 per cent. “The past week local cent in the previous two consensus is of the view “IT, banking and auto indices marked its first NEW DELHI: Loss- trading days ie, August 1 that RBI will not cut rates stocks drove benchmark weekly loss in three making passenger and July 31. on Tuesday. indices higher ahead of weeks. Indices tried to carrier Air India has Similarly, the Interest-sensitive RBI monetary policy. recover from the fall and leased out commercial 50-scrip NSE Nifty stocks such as SBI, Portugal agreed to spend gained almost one per property at its iconic bounced back by 81.05 ICICI Bank, and Axis 4.9 billion euros to rescue cent. It will be interesting landmark headquarters points, or 1.07 per cent, Bank gained about 1 per Banco Espirito Santo, its to see the reaction of at Nariman Point in to end at 7,683.65. It had cent ahead of RBI policy largest listed bank. This markets on RBI credit Mumbai to raise funds. shed about 189 points outcome. provided some support policy that is going to Air India has leased in previous two days. Consumer durables, to European markets,” come out.” out an area of 73,395.07 square feet (sq ft) to State Bank of India (SBI), Tata Consultancy Services (TCS), Bharati- CBI to decide fate ya Mahila Bank, Bank RBI likely to hold rates of India and Kashmir of MCX enquiry government emporium at its Nariman point by week-end building in Mumbai.Ac- in policy review cording to Civil Aviation NEW DELHI: CBI is likely to take Minister Ashok Gajapa- IANS that retail inflation based on a final call by this week-end on Consumer Price Index (CPI) the enquiry initiated against The advanced mechanized coal handling cargo units at Mormugao Port Trust. Sudesh Bhosle | NT thi Raju Pusapati, this step has been taken to MUMBAI: In a bid to control declined to 7.31 per cent in June former SEBI chairman CB Bhave leverage the airlines’ as- inflationary pressures, the apex from 8.28 per cent in the previous in connection with alleged NT NETWORK its capacity by 7.5 million that there is no official bank is likely to keep key interest month.

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