Thursday, August 2, 2012
by
Indian Real Estate News
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It is likely that the banks will reduce the limit of loans based on the guarantor position that one has built up
MANY individuals often undertake different financial actions without looking at the consequences.
This is true when it comes to the question of standing as a guarantor for the loans taken by someone else, as the consequences of this can be grave.
Guarantor: There are times when bank will ask for a guarantor for a loan that is granted to an individual. This is usually done when there are no assets available for keeping as a security against the loan, or also when these assets are less than what is required by the bank.
In such a situation, the bank will ask the borrower to bring in a guarantor who will be made responsible for the repayment of the loan in case the original borrower is not able to pay back this amount.
In case the original borrower fails to payback the loan, the bank will go to the guarantor to recover the amount, and hence, this can lead to a sticky situation on the financial front for the guarantor.
At this point of time, the guarantor cannot escape from the situation as they are bound to make the payment. Even in case, the loan does not actually come to a default state, there are ways in which a guarantor would be impacted.
Credit history: Credit history is available for all individual borrowers now, and this leads to the marking of individuals' credit score. The first thing that the individual has to realise is that when they are standing as a guarantor, the details will find its way to the credit records of the individual. So, the individual should not think that they would be able to avoid the payment by refusing to pay in case such a situation arises, as their financial position will be definitely impacted.
Reduction in limit: Every individual has some credit limit that the banks and other financial institutions are willing to extend to him depending upon the income. It is very likely that the banks will reduce the overall limit of loans that the individual can take based on the guarantor position that one has built up. Bank would not like to build up some excess risk into their lending because there is an element of overexposure, which can result in a default.
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by
Indian Real Estate News
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Dividend-yield funds typically perform well in almost all the cycles of the markets. This fund is recommended for those investors who are looking for stable returns on a consistent basis with a relatively lower risk
The fund essentially selects a company whose dividend yield is two times the dividend yield of the benchmark Sensex. Dividend yield is calculated by dividing the annual dividend paid per share by the price of each share. At present, the Sensex is quoting a dividend yield of 1.7%. Hence, the fund selects companies, which quote a dividend yield equal to or more than 3.4%.
It has been observed that medium-and-small sized companies quote a high dividend yield in the range of 3-5% in comparison with large sized companies, whose share prices are volatile. Hence, the fund concentrates on companies in the mid and small-size categories. At present, the fund is focused on mid-sized PSU banks, fertilisers, oil & gas and select companies in the automobile and consumer sectors. The fund has consistently beaten its benchmark S &P CNX 500 in the last five years.
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at prajnacapital [at] gmail [dot] com
---------------------------------------------
Invest Mutual Funds Online
Transact Mutual Fund Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
by
Indian Real Estate News
Buy Gold Mutual Funds
Invest Mutual Funds Online
Download Mutual Fund Application Forms
Call 0 94 8300 8300 (India)
DSP BlackRock Mutual Fund has announced change in fund management responsibilities under its equity schemes, with effect from 1st July 2012. Accordingly,
· DSP BlackRock Opportunities Fund and DSP BlackRock Tax Saver Fund will be managed by Mr. Apoorva Shah,
· DSP BlackRock India T.I.G.E.R Fund by Mr. Rohit Singhania & Mr. Apoorva Shah,
· DSP BlackRock Technology.com Fund by Mr. Vinit Sambre,
· DSP BlackRock Small and Mid Cap Fund by Mr. Apoorva Shah & Mr. Vinit Sambre,
· DSP BlackRock Natural Resources and New Energy Fund by Mr. Rohit Singhania & Mr. Mehul Jani (Dedicated fund manager for overseas investment) and
· DSP BlackRock Focus 25 Fund by Mr. Apoorva Shah & Mr. Mehul Jani (Dedicated fund manager for overseas investment).
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at prajnacapital [at] gmail [dot] com
---------------------------------------------
Invest Mutual Funds Online
Transact Mutual Fund Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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