I am sure you have read the newspapers about how some debt funds have lost value courtesy their holdings of various group companies of IL&FS. As a result you too see a loss in the current value of your investment. You were not prepared for it. To quickly summarise, a rating agency questioned the financial […]
STP and taxation in mutual funds – Query
Taxation continues to be a complex subject for most investors. Different tax rules apply based on what you choose – Growth vs Dividend or Debt vs Equity. Here’s a specific question on taxation in mutual funds in an STP mode. A reader sends this query: Sir I am planning to make STP from SBI Liquid […]
Common sense and investing in mutual funds
“Should I just go ahead and buy banking sector funds and forget for 10 years.” A question someone asked me recently. I think it is a good time to revisit some of the core concepts of investing in mutual funds. The underlying theme is common sense. When you invest in a mutual fund you outsource the […]
SBI Small Cap Fund reopening for subscriptions – Should you invest?
SBI Small Cap Fund, which has been closed for fresh subscriptions since October 2015 is reopening its gates for fresh SIP investments. As one of the best performing small cap funds, should you start your SIP too with this fund scheme? Let’s take it step by step. Let’s first look at the history of this […]