As per Budget 2020, dividends are now taxable in the hands of investors. There will be no Dividend Distribution Tax paid by the companies or mutual funds. Additionally, there is a TDS of 10% if the dividend paid is more than Rs. 5,000 in a financial year. Given the new tax rules, should you switch […]
[Update] Franklin India Ultra Short Bond Fund – Vodafone Idea Impact
If you are an investor in the Franklin India Ultra Short Bond Fund, here is an update from the fund house you should note. This is to inform you that in accordance with SEBI regulation on creation of segregated portfolios (side pocketing), we have received Board of Trustees approval to create a segregated portfolio in […]
NFO: Tata Quant Fund – the retail hedge fund
With just Rs. 5,000 one time investment or an SIP of Rs. 1,000 per month, you can participate in a modern hedge fund like strategy driven by Artificial Intelligence/Machine Learning. That’s, in summary, the sales pitch of the newly launched Tata Quant Fund. Did I say AI/ML in a hedge fund? Yes! The modern hedge […]
[Insider Update] Quantum Long Term Equity Value Fund – What a laggard?
Quantum Long Term Equity Value Fund has been Unovest’s earliest recommendations for building a long term, conservative equity oriented portfolio. Lately, it has received a lot of flak from the readers, investors and clients. “It goes down more than the market but climbs up slower” has been one client’s concern forever. The performance is not […]
The mutual fund dilemma continues
It is highly likely that you are an investor with mutual funds. Big or small, doesn’t matter. What matters is you have entrusted your money to the funds, the fund managers to help you meet your goals. Now, fortunately or unfortunately, there are 100s of funds, categories, strategies, styles, options. All wanting your money and […]
