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. 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. irregularities in granting sanction tonnes from the initial confirmation aboutsets to generate funds. In a written reply to rates unchanged in its second The central and state for operating the new stock VASCO: The recent 4.6 million tonnes,” stated the PM’s visit nor the bi-monthly monetary review for governments are taking steps exchange MCX-SX. commissioning of two Pandiyan. commissioning. the Lok Sabha, the min- ister said that Air India 2014-15 to be held on Tuesday. to contain the rising food prices Highly placed sources said that advanced mechanized He said that both “With this, MPT RBI governor Raghuram by either directly selling edible inquiry is in the final stages and coal handling units JSW and Adani have would fetch a revenue has taken steps to im- prove its operational and Rajan is known for the primacy he commodities or easing grain statements of Bhave and former in the jurisdiction of invested Rs 150 crore each of Rs 50 to Rs 75 crore accords to controlling inflation. imports. SEBI member K M Abraham have Mormugao Port Trust to set up infrastructure at annually, thereby financial performance, including rationaliza- Food inflation remaining over Tomato price has sky- been recorded. will enable MPT to fetch their respective berths. strengthening its financial eight percent may be weighing rocketed in certain areas to nearly tion of routes. The min- The sources said a decision on a revenue of Rs 50 - 75 “The coal cargo position especially after heavily on his mind, say analysts. Rs 80 a kg. ister said rationalization whether to convert it into a regular crore annually. handling activity has the crises which came Food inflation has become “I do not see any rate change case for carrying out further probe Outgoing MPT already commenced with about due to the ban on of certain loss making a concern for the government as coming in the RBI review, though or to close it will be taken by senior chairman P Mara advanced mechanical iron ore exports,” added routes, induction of a weak monsoon has dampened the event will be closely monitored officials of the agency by end of this Pandiyan informed handling systems by Pandiyan. new aircraft on several hopes of any easing of prices. by the markets,” Sanjay Sachdev, week. According to CBI, the PE that berth no 7 is being both JSW and Adani at He also stressed on domestic and interna- “We don’t expect the rates chairman, ZyFin Capital said. was registered on issues of alleged operated by Adani, while MPT,” Pandiyan said, the need for doubling of tional routes to increase to be changed in tomorrow’s The RBI is expected to keep its irregularities in granting sanction berth no 5 and 6 is being while adding that coal the rail tracks from Hubli passenger appeal, im- (Tuesday) policy review,” said repo rate (at which it lends money to the MCX Stock Exchange (MCX- operated by JSW for transportation is being to Vasco. “The doubling of plementation of fuel ef- Dipen Shah, head-private client to commercial banks) unchanged SX) by the Securities and Exchange handling mechanical coal done through the rail rigs the rail tracks would help ficiency and gap analysis group research, Kotak Securities. at 8 per cent. Board of India(SEBI) in 2008 and cargo activities. of South Western Railway. coal transportation rigs with the help of IATA are The country’s key inflation In the last policy review renewing its recognition in 2009 “JSW can increase He also said that to transport more cargo some of the measures based on the Wholesale Price in June, the RBI retained the and 2010. The probe by CBI is to this capacity by 7.5 million Prime Minister Narendra outside the state, thereby undertaken to improve Index (WPI) was recorded at 6.01 policy rate, making it the second ascertain how MCX-SX was granted tonnes from the initial 5 Modi could officiallyresulting in additional the operational and fi- percent in May. consecutive time that Governor permission despite opposition by million tonnes at its berth, commission these units revenue to MPT,” nancial efficiency of Air Data released by the Central Rajan kept interest rates SEBI when Bhave was head of the while Adani can increase but, however, added Pandiyan said. India. IANS Statistics Office (CSO), showed unchanged. regulatory authority. PTI IN SHORT Ishmeet Singh, business head, Maharashtra and Goa Waterfall tourism revives beauty Postal employees co-op society Circle, Vodafone India said, “At Vodafone, we consider all associates and partners as an extended arm of the meet held Vodafone family. We acknowledge and appreciate of ghats in Karnataka the hard work put in by our retailers in bringing our products to our valued customers. The contest for the BY RAJAT R | NT Jog Falls in Shimoga and Abby retail fraternity is our way of expressing gratitude for Falls in Kodagu are major tourist their committed and continued support.” NT SAKLESHPUR: Come every attractions in Karnataka for monsoon season, hordes of waterfall enthusiasts. Government Skoda introduces roadside travellers flock to the gushing authorities are planning on creating waterfalls located in places lodging facilities near Jog Falls for assistance programme like Shirady, Shimoga, Kodagu, better tourist accommodation. The Sampaje, Bisle, Agumbe and Jog Development Authority has PANAJI: Skoda Auto India extends its 24X7 Charmady along the numerous hills planned on hosting Jog Jalapata Roadside Assistance programme (RSA) to its of the Western Ghats. Utsav (Jog Falls Festival), improving customers across the entire model range starting The abundant rainfall in this security, a ropeway for tourists to from August 1. The service will be able for a period region has complemented the get a better view of the falls and Nandakishore Zalba, chairman of the society, felicitating Calangute of 2 years and will benefit customers who are not waterfalls which are otherwise several other initiatives to promote MLA Michael Lobo. covered under standard Road Side Assistance hardly noticeable in the absence of the spot and make it on par with PANAJI: The 23rd annual general body meeting of programme. It will also be available to customers rain in other seasons. The water- any other waterfall in the world. the North Zone Goa Postal Employees Co-op Society who want to extend their coverage of this service. The laden ghats have never failed to The Abby Falls, however, has made Ltd, Mapusa, was held recently at Mapusa under the program will assist Skoda car owners and occupants mesmerize travellers. a mark among Kodagu visitors as chairmanship of Nandakishore Zalba. Calangute MLA in case of breakdown eventualities no matter where A waterfall enthusiast based it is only eight kilometres from the Michael Lobo was present as chief guest for the event. the customer is located ie at home, on the roadside, in Mangalore said that the Shirady main town of Madikeri district. All the board of directors as well as 202 members on a highway or in a parking lot etc. The 2 years RSA route can be compared to a divine Abby Falls will be buzzing with were also present for the meeting. The chairman in coverage for vehicles less than 5 years (across models) abode as one can see seven major life once the first few showers his address said that the society is progressing and can be availed at Rs 3,233 and for vehicles older than 5 and 15 minor waterfalls amidst the bathe the hills in Kodagu. But requested all members to contribute their share years (across models) at Rs 4,233. NT greenery. this waterfall does not last for regularly. The chief guest in his address lauded the “A drive along the Mangalore- long as it runs dry by November efforts of the postal staff for their sincere and hard SAS Motors launches mini tiller Bangalore route is only complete or mid-December every year. work, despite facing a shortage of staff. NT SAS Motors has launched Angad Diesel during the monsoon season Trekkers have Abby Falls at the PANAJI: Hal - a low-cost multi-functional mini tiller optimized as it is a feast for the eyes. The top of their list as it is a rough Vodafone announces contest for retailers for Indian conditions. Designed, conceptualized experience one gets while on the terrain with umpteen number PANAJI: Vodafone India has announced the launch and manufactured by Gurgaon-based SAS Motors lookout for the waterfalls amidst of waterfalls and small streams. of ‘121 Sona Barse, Chandi Barse’ contest exclusively Limited, the tiller provides a cost-effective and the green cover that abounds the Waterfalls in Shirady Ghats. Motor adventure mongers look for retailers in Maharashtra and Goa. The month-long efficient solution optimized to meet the key landscape can be an addiction,” said for solace in riding and driving contest which is open till August 31 aims at creating challenges faced by the farming community in India. Alfred Rodrigues. Over the years, mention that their trip is purely on the roads of Sampaje Ghat awareness on customised offerings of Vodafone The tiller has an acquisition cost equivalent to that monsoon chasing and waterfall for the blissful sight of the water (leading to Coorg from Mangalore), by dialing 121.Retailers opting for the 121 service of acquiring a pair of bullocks with an operating cost tourism is on the rise, said some of falling amidst the hills. We see a Charmady Ghat (alternative route to provide the best offers to customers as per their that is 1/10th.The Angad Diesel Hal addresses many the tea vendors and hoteliers in the number of monsoon chasing bikers to Bangalore from Mangalore) and usage are eligible for the contest. Under the contest, of the key challenges faced by the farming community Shirady ghat stretch. every week on the roads and most Bisle Ghat near Sakleshpura for the retailers of almost every district have the opportunity head on and offers numerous additional benefits viz “The number of families of them say that this is the best time spectacular sights. In Sakleshpura, of winning a 5 gm silver coin on a daily basis and a 1 acute shortage of farm labourers, user-friendliness coming here in their cars or tempo to ride owing to the breathtaking there is also a clan of motorists who gm gold coin every week. The mega prize - a 5 gms as it can be used by labourers with extremely limited travellers has increased since the panorama,” said Jijo Mathew look for adventure off the road and gold coin will be presented to the retailer who will skills including women, usable in inhospitable past three years. When I struck who runs a small time hotel. have many off-roading trails in and do maximum transaction during the contest period. terrain, etc. NT a conversation with them, they Apart from Shirady ghats, the around the area amidst the ghats.