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TOLL FREE PHONE NUMBERS

TOLL FREE PHONE NUMBERS
Airlines
Indian Airlines-1800 180 1407
Jet Airways-1800 22 5522
Spice Jet-1800 180 3333
Air India-1800 22 7722
Kingfisher-1800 180 0101
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Banks
ABN AMRO-1800 11 2224
Canara Bank-1800 44 6000
Citibank-1800 44 2265
Corporation Bank-1800 443 555
Development Credit Bank-1800 22 5769
HDFC Bank-1800 227 227
ICICI Bank-1800 333 499
ICICI Bank NRI-1800 22 4848
IDBI Bank-1800 11 6999
Indian Bank-1800 425 1400
ING Vysya-1800 44 9900
Kotak Mahindra Bank-1800 22 6022
Lord Krishna Bank-1800 11 2300 (Now HDFC Bank)
Punjab National Bank-1800 122 222
State Bank of India-1800 44 1955
Syndicate Bank-1800 44 6655
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Automobiles
Mahindra Scorpio-1800 22 6006
Maruti-1800 111 515
Tata Motors-1800 22 5552
Windshield Experts-1800 11 3636
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Computers/IT
Adrenalin-1800 444 445
AMD-1800 425 6664
Apple Computers-1800 444 683
Canon-1800 333 366
Cisco Systems-1800 221 777
Compaq HP-1800 444 999
Data One Broadband-1800 424 1800
Dell-1800 444 026
Epson-1800 44 0011
eSys-3970 0011
Genesis Tally Academy-1800 444 888
HCL-1800 180 8080
IBM-1800 443 333
Lexmark-1800 22 4477
Marshal's Point-1800 33 4488
Microsoft-1800 111 100
Microsoft Virus Update-1901 333 334
Seagate-1800 180 1104
Symantec-1800 44 5533
TVS Electronics-1800 444 566
WeP Peripherals-1800 44 6446
Wipro-1800 333 312
Xerox-1800 180 1225
Zenith-1800 222 004
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Indian Railway Enquiries
Indian Railway General Enquiry 131
Indian Railway Central Enquiry 131
Indian Railway Reservation 131
Indian Railway Railway Reservation Enquiry 1345,1335,1330
Indian Railway Centralised Railway Enquiry 1330/1/2/3/4/ 5/6/7/8/9
=====================================================
Couriers/Packers & Movers
ABT Courier-1800 44 8585
AFL Wizz-1800 22 9696
Agarwal -Packers & Movers-1800 11 4321
Associated Packers P Ltd-1800 21 4560
DHL-1800 111 345
FedEx-1800 22 6161
Goel Packers & Movers-1800 11 3456
UPS-1800 22 7171
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Home Appliances
Aiwa/Sony-1800 11 1188
Anchor Switches-1800 22 7979
Blue Star-1800 22 2200
Bose Audio-1800 11 2673
Bru Coffee Vending Machines-1800 44 7171
Daikin Air Conditioners-1800 444 222
DishTV-1800 12 3474
Faber Chimneys-1800 21 4595
Godrej-1800 22 5511
Grundfos Pumps-1800 33 4555
LG-1901 180 9999
Philips-1800 22 4422
Samsung-1800 113 444
Sanyo-1800 11 0101
Voltas-1800 33 4546
WorldSpace Satellite Radio-1800 44 5432
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Investments/ Finance
CAMS-1800 44 2267
Chola Mutual Fund-1800 22 2300
Easy IPO's-3030 5757
Fidelity Investments-1800 180 8000
Franklin Templeton Fund-1800 425 4255
J M Morgan Stanley-1800 22 0004
Kotak Mutual Fund-1800 222 626
LIC Housing Finance-1800 44 0005
SBI Mutual Fund-1800 22 3040
Sharekhan-1800 22 7500
Tata Mutual Fund-1800 22 0101
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Travel
Club Mahindra Holidays-1800 33 4539
Cox & Kings-1800 22 1235
God TV Tours-1800 442 777
Kerala Tourism-1800 444 747
Kumarakom Lake Resort-1800 44 5030
Raj Travels & Tours-1800 22 9900
Sita Tours-1800 111 911
SOTC Tours-1800 22 3344
==================================
Healthcare
Best on Health-1800 11 8899
Dr Batras-1800 11 6767
GlaxoSmithKline-1800 22 8797
Johnson & Johnson-1800 22 8111
Kaya Skin Clinic-1800 22 5292
LifeCell-1800 44 5323
Manmar Technologies-1800 33 4420
Pfizer-1800 442 442
Roche Accu Chek-1800 11 45 46
Rudraksha-1800 21 4708
Varilux Lenses-1800 44 8383
VLCC-1800 33 1262
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Insurance
AMP Sanmar-1800 44 2200
Aviva-1800 33 2244
Bajaj Allianz-1800 22 5858
Chola MS General Insurance-1800 44 5544
HDFC Standard Life-1800 227 227
LIC-1800 33 4433
Max New York Life-1800 33 5577
Royal Sundaram-1800 33 8899
SBI Life Insurance-1800 22 9090
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Hotel Reservations
GRT Grand-1800 44 5500
InterContinental Hotels Group-1800 111 000
Marriott-1800 22 0044
Sarovar Park Plaza-1800 111 222
Taj Holidays-1800 111 825
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Teleshopping
Asian Sky Shop-1800 22 1800
Jaipan Teleshoppe-1800 11 5225
Tele Brands-1800 11 8000
VMI Teleshopping-1800 447 777
WWS Teleshopping-1800 220 777
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Others
Domino's Pizza-1800 111 123
==================================
Cell Phones
BenQ-1800 22 08 08
Bird CellPhones-1800 11 7700
Motorola MotoAssist-1800 11 1211
Nokia-3030 3838
Sony Ericsson-3901 1111

MUTUAL FUND - CLASS ROOM

Introduction
Different investment avenues are available to investors. Mutual funds also offer good investment opportunities to the investors. Like all investments, they also carry certain risks. The investors should compare the risks and expected yields after adjustment of tax on various instruments while taking investment decisions. The investors may seek advice from experts and consultants including agents and distributors of mutual funds schemes while making investment decisions.
With an objective to make the investors aware of functioning of mutual funds, an attempt has been made to provide information in question-answer format which may help the investors in taking investment decisions.

What is a Mutual Fund?

Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.

Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the risk because all stocks may not move in the same direction in the same proportion at the same time. Mutual fund issues units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unitholders.
The profits or losses are shared by the investors in proportion to their investments. The mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time. A mutual fund is required to be registered with Securities and Exchange Board of India (SEBI) which regulates securities markets before it can collect funds from the public.

What is the history of Mutual Funds in India and role of SEBI in mutual funds industry?

Unit Trust of India was the first mutual fund set up in India in the year 1963. In early 1990s, Government allowed public sector banks and institutions to set up mutual funds.

In the year 1992, Securities and exchange Board of India (SEBI) Act was passed. The objectives of SEBI are – to protect the interest of investors in securities and to promote the development of and to regulate the securities market.

As far as mutual funds are concerned, SEBI formulates policies and regulates the mutual funds to protect the interest of the investors. SEBI notified regulations for the mutual funds in 1993. Thereafter, mutual funds sponsored by private sector entities were allowed to enter the capital market. The regulations were fully revised in 1996 and have been amended thereafter from time to time. SEBI has also issued guidelines to the mutual funds from time to time to protect the interests of investors.

All mutual funds whether promoted by public sector or private sector entities including those promoted by foreign entities are governed by the same set of Regulations. There is no distinction in regulatory requirements for these mutual funds and all are subject to monitoring and inspections by SEBI. The risks associated with the schemes launched by the mutual funds sponsored by these entities are of similar type. It may be mentioned here that Unit Trust of India (UTI) is not registered with SEBI as a mutual fund (as on January 15, 2002).


How is a mutual fund set up?

A mutual fund is set up in the form of a trust, which has sponsor, trustees, asset management company (AMC) and custodian. The trust is established by a sponsor or more than one sponsor who is like promoter of a company. The trustees of the mutual fund hold its property for the benefit of the unitholders. Asset Management Company (AMC) approved by SEBI manages the funds by making investments in various types of securities. Custodian, who is registered with SEBI, holds the securities of various schemes of the fund in its custody. The trustees are vested with the general power of superintendence and direction over AMC. They monitor the performance and compliance of SEBI Regulations by the mutual fund.

SEBI Regulations require that at least two thirds of the directors of trustee company or board of trustees must be independent i.e. they should not be associated with the sponsors. Also, 50% of the directors of AMC must be independent. All mutual funds are required to be registered with SEBI before they launch any scheme. However, Unit Trust of India (UTI) is not registered with SEBI (as on January 15, 2002).

What is Net Asset Value (NAV) of a scheme?
The performance of a particular scheme of a mutual fund is denoted by Net Asset Value (NAV).
Mutual funds invest the money collected from the investors in securities markets. In simple words, Net Asset Value is the market value of the securities held by the scheme. Since market value of securities changes every day, NAV of a scheme also varies on day to day basis. The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date. For example, if the market value of securities of a mutual fund scheme is Rs 200 lakhs and the mutual fund has issued 10 lakhs units of Rs. 10 each to the investors, then the NAV per unit of the fund is Rs.20. NAV is required to be disclosed by the mutual funds on a regular basis - daily or weekly - depending on the type of scheme.

Open-ended Fund/ Scheme

An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed maturity period. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices which are declared on a daily basis. The key feature of open-end schemes is liquidity.

Close-ended Fund/ Scheme

A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The fund is open for subscription only during a specified period at the time of launch of the scheme. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the stock exchanges where the units are listed. In order to provide an exit route to the investors, some close-ended funds give an option of selling back the units to the mutual fund through periodic repurchase at NAV related prices. SEBI Regulations stipulate that at least one of the two exit routes is provided to the investor i.e. either repurchase facility or through listing on stock exchanges. These mutual funds schemes disclose NAV generally on weekly basis.--

Income Tax Slab for Male & Female & Senior Citizen

For Males For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 1,50,000/- Nil
Rs. 1,50,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%

For Females For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 1,80,000/- Nil
Rs. 1,80,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000/- 20%
Above Rs. 5,00,000/- 30%

For Senior Citizen For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 2,25,000/- Nil
Rs. 2,25,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%

NSE / BSE - HOLIDAY LIST 2009

S.No.	Date	Day	Holidays
1	8th January 2009	Thursday	Moharram
2	26th January 2009	Monday	Republic Day
3	23rd February 2009	Monday	Mahashivratri
4	10th March 2009	Tuesday	Id-E-Milad
5	11th March 2009	Wednesday	Holi
6	3rd April 2009	Friday	Ram Navmi
7	7th April 2009	Tuesday	Mahavir Jayanti
8	10th April 2009	Friday	Good Friday
9	14th April 2009	Tuesday	Dr. Ambedkar Jayanti
10	1st May 2009	Friday	Maharashtra Day
11	21st September 2009	Monday	Ramzan Id
12	28th September 2009	Monday	Dasera
13	2nd October 2009	Friday	Gandhi Jayanti
14	19th October 2009	Monday	Diwali (Bhaubeez)
15	2nd November 2009	Monday	Gurunanak Jayanti
16	25th December 2009	Friday	Christmas
17	28th December 2009	Monday	Moharram