The year 2018 saw the introduction of long term capital gains tax on equity investments (mutual funds or direct stocks) at the rate of 10%+surcharge. As you file your tax returns, here are some key points to wade through the calculations. If you have sold your equity investment (held for more than 1 year) in […]
Mutual Funds for Beginners – Old lessons for new investors
The rising popularity of mutual funds has got more investors interested. They are now asking questions and making comparisons to other investment products. Mutual funds for beginners is a comprehensive list of resources for new investors to clear doubts and provide answers to questions. For others, this is a good recap of what you have […]
What is the ideal tenure for STP?
Loss is painful, specially if it happens immediately after you invest. That’s why you choose an STP or Systematic Transfer Plan to take exposure to equity funds. The confusion is what is the ideal tenure for STP? Here is a guideline you can use. Suppose you have lumpsum money to invest and you are keen […]
An ode to John Bogle
Back in 1975, the world’s first index mutual fund was started with the guiding principle of “trusteeship”. It put the investor first and ensured that the maximum share of the investment rewards went to the investor. The fund house, a familiar name now, is Vanguard. As of today, Vanguard is the largest no-load mutual fund […]
How to build a winning mutual fund portfolio for 2019 & beyond
Year 2018 was a year of massive changes to mutual funds. SEBI guidelines and regulations on recategorisation, expense ratios followed by capital gains tax have been the highlights. How do these changes reflect in your mutual fund portfolios? You have most likely read through the earlier Mutual Fund Guide. I have now refreshed it with […]
NFO: ICICI Prudential Opportunities Fund, a Special Situations theme – Should you invest?
ICICI Prudential MF has recently announced its New Fund Offer based on the Special Situations theme – ICICI Prudential Opportunities Fund. Is this just one more fund or is there something unique? Do you know which was the first special situations fund launched in India? It was the Fidelity (now known as L&T) Special Situations […]
