Archives for

Mutual Funds

Capital protection plan – Do it yourself

Capital Protection Fund – Do it yourself!

In recent few days there have been a deluge of Capital Protection Funds from Mutual Fund houses. I have often been asked should I invest in these Capital Protection Funds? What is Capital Protection Fund? We hate to loose our hard earned money. Taking advantage of this emotion, Mutual Funds launch Capital Protection Fund when the stock [...]

Which is the Best day for SIP in Mutual Fund?

Our fancy for higher returns never ends! And for this we devise different techniques and strategies – one of them is “Timing the Stock Market” – in which you buy when markets hit the bottom & sell when its at the top. A very popular and simple concept but the only problem is no one [...]

Should you Invest in IDFC Equity Opportunity Series 1 NFO?

IDFC Mutual Fund has come with a New Fund Offer (NFO) – IDFC Equity Opportunity Series 1. This is a closed ended fund which would mature in 3 Years (on April 14, 2016). IDFC Equity Opportunity Series 1 – Features: A 3 year close-ended equity fund. The fund would be redeemed on April 14, 2016 [...]

How to Invest Direct in Mutual Funds?

I have always stated that mutual funds (MF) are one of the best wealth creation products for the masses. These are one of the lowest cost products, well regulated and give you the benefit of diversification. The good news for investors is from January 1, 2013 on-wards mutual funds on directive of SEBI have launched [...]

16 Personal Finance Changes in Budget 2013

Every budget changes lots of things in the personal finance space. Here is a list of 16 things that has changed for you. 1. Income Tax Slabs for FY 2013-14 The income tax slabs have largely remained unchanged for individuals. There are two major changes. People with income less than Rs. 5 Lakhs have to [...]

Mutual Funds: Changes in Budget 2013 – Increased DDT, Lower STT

There are two things that have changed for mutual funds in budget 2013. We discuss both one by one. I would start with the good news first. Lower Securities Transaction Tax (STT) on Mutual Funds: The securities transaction tax has been lowered substantially on redemption of Mutual Funds (MF) and Exchange Traded Funds (ETFs) from [...]

UTI Rajiv Gandhi Equity Savings Scheme NFO

Mutual Funds eligible for RGESS (Sec 80CCG)

Earlier I had written about details of Rajiv Gandhi Equity Savings Scheme (RGESS) under Section 80CCG and steps to invest in the same. Here is a list of Mutual Fund Schemes which are eligible for RGESS. Though there is no limit of how much you can invest in these schemes but the maximum benefit for [...]

RGESS - Rajiv Gandhi Equity Saving Scheme

4 Steps to invest in Rajiv Gandhi Equity Saving Scheme (RGESS) under 80CCG

I had already written about the Rajiv Gandhi Equity Saving Scheme (RGESS) in details and also listed down the stocks and Exchange Traded Funds (ETFs) eligible for investment. But I got many questions regarding how one can invest in RGESS. This confusion is understandable because many have not yet dealt with stock market or demat [...]

Mutual Fund Investment: (Systematic Investment) SIP or Lump sum?

There have always been a debate on which is a better way for investment in Mutual Fund – Lump sum or Systematic Investment Plan (SIP). Actually the answer to this is not easy and it depends on the time frame we are looking at. There have been some phases where SIP has outperformed while at [...]

Mutual Funds – Tax on Equity, Debt and International Funds

Equity Mutual Funds are one of the best investments for long term while debt mutual funds are good instruments to park cash for shorter term. But as for any investment you should know about their returns, risk and the taxation. This post explains the tax on your mutual fund investments. Mutual Fund – Types: For [...]

How to Stop SIP in Mutual Fund? [Download Application Form]

Systematic Investment Plan (SIP) in Mutual Fund is one of the best way to accumulate wealth and works especially well for long term goals. Keeping this in mind investors do long term SIPs like 5 years, 10 years or even perpetual. Perpetual SIPs are those which have no ending date and so the SIP would [...]

Rajiv Gandhi Equity Saving Scheme - RGESS

Rajiv Gandhi Equity Savings Scheme (RGESS): Eligible Stocks & Mutual Funds List

Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS) is a new tax saving investment scheme announced in the Budget 2012-13. RGESS – List of eligible Stocks: Below is the list of stocks eligible for investment under RGESS on virtue of them being included in CNX-100 or BSE-100 Index. Most of listed Maharatna, Navratna or Miniratna are already [...]

12 Changes in 2012 that impacts your Investment

Today is the last day of 2012 and thanks to SEBI, RBI, and Finance Ministry among others which made some significant changes in your personal finance and investment. I have listed 12 of them. 1. One Scheme One Plan for Mutual Funds: Mutual Funds till now had multiple version of the same scheme – one [...]

Tax Treatment for Various Financial Assets

Tax Treatment of Various Financial Instruments

Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on [...]

Best Tax Saving Mutual Fund ELSS Fund to invest in 2011-12

Best Tax Saving Mutual Fund / ELSS Fund to invest in 2012-13

ELSS (Equity Linked Saving Scheme) also popularly known as Tax Saving Mutual Funds are one of the best investments you can do to save tax and create wealth in the long run. But unfortunately according to the proposed direct tax code ELSS would be a thing of past and it would no more be eligible as tax saving instrument under section 80C of Income tax. Nevertheless Financial [...]

Investing in ELSS – Growth, Dividend Payout or Dividend Reinvestment?

In response to one of my previous post about Tax Savings Mutual Fund (ELSS), I got a query – While investing in an ELSS which option should I choose – Growth, Dividend Payout or Dividend Reinvestment? This is a question that haunts most of the new/ First time investors. Actually the problem is most of [...]

Birla Sun Life Recurring Savings Plan – Review

Birla Sun Life Mutual Fund has put big front page advertisement in all leading dailies about its Recurring Savings Plan (RSP). On checking out the details of the RSP, you would realize it’s the same old Systematic Investment Plan (SIP) coupled with free group life insurance with a new name of Recurring Savings Plan (RSP). [...]

FMP VS Fixed Deposit – Where to Invest?

Fixed maturity plans (FMP) are closed ended debt mutual funds which are very similar to fixed deposit by banks. These are of varying tenures like three months, six months, one and two years and rarely for three years. These schemes portfolio consists of debt securities such as Government Securities, certificate of deposit and commercial papers of [...]

Page 1 of 3
1
2
3
»