The finance bill has been passed today with amendments. While most parts of the finance bill is already part of the Hon. Finance minister’s budget speech, there is a big change to the taxation of debt mutual funds which has come as a boulder from the blue! Debt funds will be taxed as per your …
A friend called me today with this question “I am checking my investment in a mutual fund. The NAV shown in the AMC website is different from the NAV shown in Zerodha coin app. Why is this difference?” I explained to him that his investment is probably in a regular plan which is why the AMC …
What are Gilt funds? Mutual funds which invest only in Government of India bonds are Gilt funds. These bonds are highly liquid and are free from default risk as the government can always print rupees at will. Gilt funds have been in existence for over 20 years. Before we get into the topic of this …
Gilt funds have performed very well, can I invest now? Read More »
There seems to be a sudden interest in Dividend yield funds. This could be due to the New fund offer from HDFC Dividend yield fund. What is special about this category? is it worth investing in it? Let us find out. Before we get into the topic of this post, you can check out fee-only financial …
Wishing you all a very happy and prosperous Diwali/Deepavali! Let this festival of lights give us freedom from the virus which has plagued our lives for the past 8 months! Let us get light after so many months of darkness and staying at home fearing for the virus! It is time to take stock of …
COVID-19 has created a first big impact in the Debt mutual funds space. Franklin Templeton had announced a closure of 6 of its debt funds. The closed funds are below: Franklin India Low Duration Fund Franklin India Ultra Short Bond Fund Franklin India Short Term Income Plan Franklin India Credit Risk Fund Franklin India Dynamic …
Franklin Templeton has closed 6 debt funds – all you need to know Read More »
I had got a question from a client who had a lump sum to invest in equity mutual funds but was hesitant to invest it as a lump sum. He asked if it is better to invest it in a liquid fund and then set up monthly or weekly STP to invest into the equity …
Lumpsum Vs STP for Mutual funds which one is better? Read More »
In 2013, SEBI introduced the Direct plan which are mutual funds which investors invest directly contacting the fund house. The intention of SEBI was to segregate the sales and distribution costs and charge these costs only to regular plans. So that direct plans will be free from these additional costs. Investors who invest in direct …
