As you are aware, the cut-off timings for applicability of Net Asset Value (NAV) in respect of purchase of units in liquid / overnight funds is being changed to 1:30 P.M instead of 2:00 P.M with effect from the date as may be communicated by the respective AMCs. Also, to comply with the SEBI directives, […]
Franklin India Dynamic PE Ratio Fund of Funds – Change in Fundamental Attribute
If you are invested in Franklin India Dynamic PE Ratio Fund of Funds, know that there are some fundamental and important changes being carried out. #1 It is getting a new name The fund will now be Franklin India Dynamic Asset Allocation Fund of Funds. It has an expanded mandate now. What is that mandate? […]
Parag Parikh Long Term Equity fund – Change in Fundamental Attributes
If you are an investor in Parag Parikh Long Term Equity Fund, you have most likely received a communication about change in fundamental attributes of the scheme. A fundamental attribute is one which alters the core proposition of the scheme and includes things such as change of asset allocation, which the Parag Parikh scheme is […]
Here’s how to get all your Mutual Fund Capital Gains statements for filing IT returns
If you are filing your income tax returns for the year 2018-19 and you also have made sell or switch transactions in mutual funds during that year, you are then required to calculate, show and pay your capital gains taxes. I have been getting questions too about capital gains report for mutual funds. Now, if […]
Will you get safer debt funds with SEBI’s new measures?
You are well aware of the problems debt funds have been facing in recent times. I won’t be surprised if you say that you don’t trust debt funds anymore. In fact, I would agree. There are pros and cons to all investments. Debt funds are no exception. Over time, SEBI has introduced various measures to […]
The RA-RE event hits debt mutual funds
ICRA, the credit rating agency, yesterday made rating downgrades to two NBFCs, Piramal Housing Finance and Edelweiss Group companies. The reason cited is that they have a significant exposure to real estate sector. The last 1 year has witnessed several rating downgrades. ILFS, DHFL, Reliance Capital and now Piramal and Edelweiss. That is our RA […]