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At present, we are distributing schemes of 28 different Mutual Funds
All these Funds offer a wide varieties of investment option
depending on the risk appetite of the investor. Some of the
major categories are:
Debt Funds: The Debt Funds have the mandate of investing primarily in Debt papers
Equity Funds: The Equity Funds have the mandate of investing primarily in Equities
Balanced Funds:
The Balanced Funds have the mandate of investing both in
Equities as well as Debt papers.
Capital Gains Bonds come under 54 EC Capital Gains Bonds, where investors get exemption from Capital Gain tax. These are 'on -tap ' issues.
At present, SHCIL is distributing Capital Gain Bonds of Rural Electrification Corporation, National Housing Bank, Small Industries Development Bank of India and National Highway Authority of India.
Infrastructure Bonds are issued by ICICI Bank and IDBI, with Section 88 as the main feature
Private Placements: Debt papers issued for Private Placement with Structural Obligations by the State and Central Government, typically targeted for Trusts and Provident Funds, are distributed by Stock Holding.
Fixed Deposits: Fixed Deposits with high investment rating and issued by blue- chip corporate are distributed by us. These papers generally offer 50 to 100 basis points more than bank fixed deposits of comparable period. At present, we are distributing IDBI Suvidha Fixed Deposits and HDFC Fixed Deposits.
Initial Public Offer: IPOs offered from blue-chip corporate can be subscribed from Stock Holding. Issues recently distributed by us are Canara Bank, Allahabad Bank, Bharti Tele and I- Flex.
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