Idfc Redemption: Fill & Download for Free

It's very simple.You need only 2 apps.my CAMS. Following fund houses come under this app. Fund houses that comes under it are SBI , HDFC ,IDFC , DSP , ICICI PRU , KOTAK , BIRLA SUN LIFE , L & T , BNP PARIBAS.KTRACK: Fund houses under it are AXIS MF , UTI MF , PRINCIPAL MF , RELIANCE MF , MIRAE ASSETS MF , QUANTUM etc. …Both have good interface . You just need a user id and a password to get started . Personally i found myCAMS better because of better statistical data availability.Both apps are mutually exclusive. What i mean is you won't find a fund house represented by both apps.Above 2 pictures show the mutual fund houses represented by myCAMS application.Above picture shows fund houses that are managed by Karvy application.Both applications provide the facilities of additional purchase, redemption , switching etc. Karvy has one advantage over myCAMS. NFO purchase facility I couldn't find in myCAMS.As mentioned in comment FRANKLIN TEMPLETON fund house is not represented by both of them. You have to download personal application for that fund.There are 43 fund houses in India. 33 are managed by above 2 applications.

If bought thru seemar account , you can sell/redeem. Other wise approach a stock broker or bank and redeem. Sometimes it will redeem automatically if you purchase for bond period and credit to your account.The Tranche 2 Bonds will carry a minimum Lock-in period of Five (5) Years from the Deemed Date of Allotment and can be redeemed after Ten (10) Years from the Deemed Date of Allotment. The Tranche 2 Bonds also have a buy back option at the end of five (5) years.For bonds held in physical form, the bondholders are required to surrender the bond certificates duly discharged by the sole holder/ all the joint holders at least one month prior to the redemption date. IDFC may however redeem the bonds without requiring the surrender of bond certificates.

It is not possible to answer such a generic question with such open variables and such open interpretation. However, I can go for a specific situation. If one were to 58 today, and planning to retire at 60, then I would assume that the person is free of all debt, having own house, no dependents, no financial commitments, living a decent lifestyle that is neither extravagant nor frugal. As per my calculation ₹40,000 to ₹45,000 per month is enough to live comfortably as of today.I will assume ₹45,000.Inflation is 6% today but expected to decrease. Why do I say so? Because in 2000–2010, the inflation hovered around 10–11%. If I expect a flat inflation of 6%, then if I had a corpus of ₹92,18,889 today, I could invest this in a Debt MF yielding a steady and modest 9% YoY and can survive till the age of 100:If I round the starting corpus to a clean ₹ 1 Cr., I will not only outlast the corpus till 100 but nearly triple it to be passed on to my heirs.Edit (24/01/2020): I had an “interesting chat” with one person here. He claimed that Debt Funds yielding 9% return is a hoot. In short, I was overestimating and misleading people. He claimed that Debt Funds were high right now because interest rates were low and that benefit Bonds which were released at high coupon rates. I tried to counter argue. I said that I have watching and invested in Debt Funds for over 3 years now and have constantly received around 10%. I am assuming 9%. Then he curtly replied “I don’t wish to argue with you anymore”, etc. I knew that I was speaking from watched evidence. So I decided to find out about one particular debt fund that I have invested in: ICICI Prudential Long Term Bond Fund - Regular Plan - GrowthI used the Regular Plan because it is as old as 09-07-1998. Here is the chart since inception:This is over 23 years. Sufficient time to do a detailed long time analysis. I changed to Direct Plan from 2013.I picked up NAVs at every 3 years interval and the results are as follows:So except for a 3 year period of (12-07-2004 to 12-07-2007) and (13-07-2010 to 15-07-2013) when growth was low, it has been above 9% all the time. Even during the later period, it was 8.21%. Now look at since inception and with every 3 year inception:It is a consistent over 9% all the time. Since inception it is 9.44%. It is not just that this is one sole exception. You can check for:IDFC Government Securities Fund - Investment Plan - Direct Plan - GrowthIDFC Bond Fund - Medium Term Plan - Direct Plan - GrowthSBI Magnum Medium Duration Fund - Direct Plan - GrowthAditya Birla Sun Life Short Term Fund - Direct Plan - GrowthAditya Birla Sun Life Corporate Bond Fund - Direct Plan - GrowthHDFC Corporate Bond Fund - Direct Plan - GrowthCanara Robeco Conservative Hybrid Fund - Direct Plan - GrowthThis proves that Debt Funds can yield 9% or higher returns. Of course, past performance is not an indicator to the future. But what is the likely scenario in the future:Interest rates are expected to stay low for some time till economic revival happens completely. This will keep Debt Fund yield highIf inflation jumps up, RBI will step in to increase PLR (current 3.25%), repo (current 4%) and reverse repo (current 3.35%) rates.This will cause existing government bond (at lower rates) to be unattractive and will bring down Debt Funds NAV and returns.Even in the worst case, I do not see rates going higher than 100 basis points (1%). The days of high interest rates are most likely over. This also means forget the high FD/TD rates.Within a span of 2 years after rate change, new bonds will be issued at new coupon rates. They will subsume the existing bonds over a period of time. Debt Fund yields will absorb the overall impact.NOT ALL DEBT FUNDS ARE EQUAL. Over 70% have low yields. So it is a matter of thorough investigation. Check for:Portfolio and how much exposure exists to high return/high risk, low ranked bonds (AA and A or lower). Avoid those.Check current bonds invested and their coupon rates and maturity.Look at liquidity (cash value in money market) and recent redemptions.Look up the fund manager and study his strategies and overall performance.