Taxation of PMS and Mutual Fund Schemes
Income earned from mutual fund investments could be (i) dividend income and (ii) capital gain income Also see – Capital Gains Tax | Dividend Income Tax In India DIVIDEND INCOME For equity mutual funds, dividend received is tax free in the hands of the investor but the company pays a Dividend Distribution Tax (DDT) at the time of recommending the […]
How Many Mutual Funds Should You Own + Ideal Portfolio
Recently I met a client whose portfolio consisted of 34 mutual funds. That was my inspiration for an earlier post, here – Top 6 Investing Mistakes of All Times Since the time I’ve started helping people with mutual fund investments, a few of the questions that have been asked of me again (and again), relate to: […]
How to Start a Systematic Investment Plan (SIP) in Mutual Funds
Systematic Investment Plan (SIP) is a regular and disciplined way of investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc). An SIP is a planned approach to investments and more than anything it helps the investor inculcate the habit of saving and […]
Who Should Buy Bonds/ Debt Mutual Funds
Investors who have low risk appetite and prefer to invest in safe instruments like fixed deposits can look at debt mutual funds to get better after tax returns. Investment in debt funds is suitable for investors who want to earn satisfactory return on their capital by taking low to moderate levels of risk. Typically, the returns will vary […]
How to Buy Online Mutual Fund Plans
From early 2016, investors will be able to buy mutual funds online via e-commerce websites (such as Flipkart, Snapdeal, Amazon etc). Securities & Exchange Board in India (SEBI) is considering introducing a third category of mutual funds called online mutual fund plans, which can be sold through e-commerce websites. This is likely to help both, […]
Mutual Funds Vs. Investing directly in stocks
Do you suggest buying mutual funds or investing directly in stocks? From my immediate family to everyone in the extended circle of my distant family friends, everyone has asked me this question at least once. While I have no stats on how many took my advice, my answer had one thing common in 100% of […]
Equity, Hybrid and Dynamic Mutual Funds
What is an Equity Mutual Fund? While it may sound like the name given to a fund which invests only in equities (i.e. stocks) this may or may not be true. A fund must have a minimum of 65% in equity stocks in order to qualify for tax benefits as an equity-oriented fund. These funds […]