indiranagar chit funds & trading company pvt. ltd. well established, reliable & dependable....

10

Upload: bridget-stafford

Post on 04-Jan-2016

215 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend
Page 2: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend
Page 3: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

Indiranagar Chit Funds & Trading Company Pvt. Ltd.

• Well established, Reliable & Dependable.

• Proven track record of 39 years.• Effective Leadership.• Blend of young and experienced

core team.• Proactive to grow and meet the

challenges.• Proven system with advanced

technology.• No backlog of payment.

FOUNDERP.K. ACHUTHAN NAIREstablished in 1976

Page 4: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

WHY ICFTC?

• Small investors to large investment groups.

• Hassle free funds for: Education Social events, ex. Marriage Travel / Vacations Business Growth House construction• Quick disbursal of chit bid

amount• Very low bad debts (NPA) – less

than 1%

Page 5: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

ICFTC Chit Fund V/S OTHER INVESTMENTS

ICFTC- CHIT FUND BANK RD BANK FDS MUTUAL FUNDS

PROFESSIONALMANAGEMENT

Having 40 years of track record and reputation

Yes Yes Yes

CONVENIENTADMINISTRATION

Yes ( Just a membership required)

Yes(bank a/c required by some banks)

Yes(bank a/c required by some banks)

Yes(PAN required)

DIVERSIFICATION No No No Yes

INVESTMENTS Monthly Monthly Lumpsum in the Beginning

Lumpsum in the Beginning or on a monthly basis.

RETURNPOTENTIAL

Variable 12% - 16%

6-7% Fixed 7.5% - 9.5% Depends on type of funds invested and duration

LOW COST 5%(cost of admn) Undisclosed Undisclosed Expenses ratio of up to 2.8%

LIQUIDITY Liquid (at discount)

Liquid Liquid Fairly liquid

TRANSPARENCY Transparent as Group participates.

Low level as banks do not disclose

Low level as banks do not disclose

Highly transparent

CHOICE OFSCHEMES

Choice on tenure and amount

Choice on tenure and amount

Limited choice Wide verity of schemes to choose from

TAX BENEFITS No tax benefits No tax benefits Only in 5year tenure products

Yes ELSS scheme does provide tax benefits

Page 6: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

The Central Chit Funds Act 1982 is applicable to all chit fund firms operating In the country.

Here are the salient features of the Act

Page 7: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

HOW IT WORKS?

Page 8: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

SCHEME CHART

CHIT VALUE (In Lakhs)

DURATION/MONTHS

TOTALMEMBERS

MONTHLYSUBSCRIBTION

25 25 25 1,00,000

25 40 40 62,500

10 20 20 50,000

10 40 40 25,000

5 25 25 20,000

Page 9: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

WHY WAIT……?JOIN NOW!

Page 10: Indiranagar Chit Funds & Trading Company Pvt. Ltd. Well established, Reliable & Dependable. Proven track record of 39 years. Effective Leadership. Blend

THANK YOU