The corona-virus pandemic has thrown most of the global economies into a tailspin and shaken financial markets and investors profoundly. We are witnessing – salary cuts, lay-offs, huge drop in business revenues and professional incomes. These challenging times, reiterate the importance of ‘core financial planning principles‘ – Asset allocation, diversification, re-balancing, living within means, lower exposure to debt (loans/mortgages) etc., This […]
Mutual Funds
Mutual Funds Taxation Rules FY 2020-21 (AY 2021-22) | Capital Gains Tax Rates Chart
Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating. Capital assets are further classified as Financial Assets and Non-Financial Assets. Financial assets are intangible and represent the monetary value of a physical item. Stocks (Shares) […]
Best NPS Funds 2020 | Top Performing NPS Schemes
NPS (National Pension Scheme) is one of the very popular Pension oriented products in India. As on 31st October 2019, NPS has around 1.29 Crore subscribers with total Assets under Management (AUM) of more than Rs. 3.74 lakh crore. NPS was started in 2004 for govt sector employees and which was later opened to all citizens for […]
Aftermath of ‘Karvy Stock Broking mess’, are your Mutual Fund investments safe?
We are all aware of the fact that ‘mutual funds are subject to various market risks‘. This is because there is no way to predict what will happen in the future (or) whether a given asset will increase or decrease in value. Because the market cannot be accurately predicted or completely controlled, no investment is 100% risk-free. As a mutual […]
Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
In India mutual fund industry’s asset under management (AUM) has been growing at a rapid pace. The total AUM has reached around Rs 25.50 lakh crore in August 2019. The asset under management of Debt, Equity and Hybrid schemes at the end of August 2019 stood at Rs 13.22 lakh crore, Rs 7.16 lakh crore […]
Liquid Mutual Funds New Exit Load Structure w.e.f Oct 2019
The Securities and Exchange Board of India (SEBI) has formalized a graded exit load structure on Liquid Mutual Funds. It has also stated that the load structure will be reviewed annually by AMFI, in consultation with SEBI. As of now, exit load is not applicable on Liquid mutual fund redemptions. What is an Exit Load in Mutual […]