Should I go for dividend option or growth option? Which is better? This is one question every new mutual fund investor asks. Let’s consider some key facts: Mutual funds offer 2 options – Growth and Dividend. Within dividend, you can either choose to receive dividend in your bank or reinvest in the same fund – Payout and Reinvestment options respectively. When you […]
Start your SIPs using the PayEezz Mandate
The old way of doing SIP A SIP in a mutual fund is a powerful tool to accumulate wealth over the long term. To start a SIP, you just need to provide a one-time bank mandate through which you can make regular investments in your selected mutual funds. Typically, you need to give one mandate with each of […]
Investing in Equity Mutual Funds – an insider’s perspective
Individuals are keen to invest in mutual funds but there is this rampant confusion still prevailing on what exactly is a mutual fund and how does it work. Should one go for direct stocks or an equity mutual fund? The number of mutual funds out there compounds this confusion further. That’s where I reached out […]
New Investors: Know Your Mutual Fund
If there is “Know your Customer” then why not “Know your Mutual Fund” In some or the other way, every type of investment requires that a KYC – Know your Customer – be done. Basically, in KYC key information about you is captured and stored before you are allowed to make an investment. This is true […]
Now calculate capital gains in mutual funds, easily
If you have recently sold a stock or a mutual fund investment, you need to report capital gains or loss as a part of your income tax returns. I am sure, like me, you too find the concept of capital gain or loss esoteric to understand. Yes? Well, not anymore. Here’s a quick primer on what is capital gain […]