In the Finance Bill 2023, a new provision was sneaked in which impacts taxation on debt funds. It takes away one of the selling points of these funds against Bank FDs – long term capital gains tax along with indexation benefits. This has led to a flutter in the minds of investors and several questions […]
Surrender value taxation – must know insurance facts
It doesn’t need iterating that insurance (specially the investment variety) is a super complex product. Read through a product brochure and there are so many ifs and buts attached to any product. It is just not possible for a layperson to understand and evaluate the product and make an informed decision. Imagine those who bought the policies 10, 15 or 20 years ago. […]
[Risk] Lighthouse – March 2023 Edition
We live in a VUCA world fraught with risks of the unknown unknowns kind. These risks can’t be known in advance or be quantified. How does one invest in such an environment? Should we stop taking any risks? That’s we touch upon in the Lighthouse March 2023. Recently I happened to come across Mark Spitznagel’s […]
The enhanced pension from EPS is not a free lunch
There have been several hurried messages about whether to choose the enhanced pension from EPS as per the recent Supreme Court ruling in Nov 2022. The Supreme Court set deadline – March 3, 2023 – with little clarity from EPFO has added to the anxiety. Well, the idea of extra pension sounds good. The only […]
[HNIs] How to say NO to an AIF investment?
The HNI and UHNI (including NRI) investor has a ‘new’ pitch – the AIF or an Alternative Investment Fund. Given the recent spurt of assets in AIFs (7 lakh crores+ as of June 2022), several mutual fund houses have even started to launch their own AIFs. Sadly, they are just lame copies of their MF […]
HDFC MNC Fund – New Fooling Offer?
HDFC Mutual Fund has announced a New Fund Offer – HDFC MNC Fund – a thematic fund benchmarked to the Nifty MNC Index. As per the index factsheet available on NSE, the Nifty MNC Index comprises 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. HDFC MNC […]
