LinkedIn Rohit Saxena has sent you a message. Date: 3/21/2012 Subject: IIFL FMP Series 3 - NFO closing on 29th March 2012 IIFL FMP Series 3 - NFO closing on 29th March 2012
Key Highlights of the scheme
· The Scheme Intends to Invest 95 – 100% in CDs (Certificate of Deposit issue by Banks / Financial Institutions with rating of AAA/A+
· As per present Income Tax laws, an investor can avail double indexation benefit while calculating his / her Capital gains from this investment (eg : Investment date is March 7th 2012 and it matures on April 3rd 2013 and hence the investor can avail indexation for two financial years)
· Due to Double indexation the post tax return could be higher than post tax return from bank FD.
Anyone wants to Invest let me know.
Regards
Rohit Saxena View/reply to this message Don't want to receive e-mail notifications? Adjust your message settings. © 2012, LinkedIn Corporation
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