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
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%
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
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
HOW IT WORKS?
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
WHY WAIT……?JOIN NOW!
THANK YOU
Top Related