Here is the big warning to you, the investor. Never ever trust your investments to banks, national distributors or an institutional distributor of mutual funds. Want to know why? This will not take long. So, my client, who has just signed up with me, shared his mutual fund portfolio. This is what it looks like.
March is here – 3 key things that need your attention
The end of the financial year is here and it would pay you well to complete some of the important tasks related to your money and investments. There are 3 key aspects that you need to do. #1 Map your Aadhar to your bank accounts, your mutual fund folios. The current deadline is March 31, […]
Should I invest in this equity mutual fund? Yes and No
“Should I invest in this equity mutual fund scheme?” is one of the most common investor queries. I today share with you a simple way of finding the answer for yourself using a smart bot. So, you are planning to invest in this mutual fund scheme and add it to your portfolio. You have looked […]
Use double indexation to reduce your capital gains tax
One of the key outcomes driving investor behaviour is “how to reduce taxes”. It is an obsession. Now, how many of you know that the Income Tax department itself gives you ways to reduce your taxes on certain capital gains. Let us see how. For starters, when you sell assets such as equity, mutual funds, […]
How to select debt mutual funds post SEBI classification – Part 2
In Part 1, we noted that SEBI has now defined 16 categories for debt mutual funds hoping that it will allow retail investors like you and me to be able to select debt mutual funds with more ease. I believe the new classification will do the job to some extent. The number of funds (in […]
Change in Scheme name and fundamental attributes of Mutual Fund Schemes- Feb 2018
You are probably looking at different names of your mutual fund schemes in the statements and portfolio trackers. They don’t look like what you invested in. No need to panic. Here’s a quick touch base on the changes that are taking place. The changes are a result of the October 2017 circular from SEBI asking […]
