A SIP consists of a process whereby an investor invests a fixed sum of money each month usually into a mutual fund.
From just Rs 4,000 crore per month, Sunil Singhania, CIO-Equity, Investment at Reliance Mutual Fund expects systematic investment plans to exceed USD 1-billion a month within the next year or two.
Not only you have to pick the right scheme but also keep reviewing its performance. Also keep adding to your SIP amount.
There is quite some effort that a lot of people put in when they are planning their long term investments.
HDFC Mutual Fund is quite optimistic on Indian market as macro economic indicators are favorable for making investments, says ace fund manager Prashant Jain, Executive Director & Chief Investment Officer at HDFC Mutual Fund.
One of the conditions related to the demat account is the charge that would be incurred in the maintenance of the demat account.
Market valuations are slightly beyond comfort and with no big macro events lined up, a runaway rally is unlikely, says Mahesh Patil, Co-Chief Investment Officer at Birla Sun Life AMC.
Investing in tax saving ELSS mutual funds would help you to save tax u/s 80C as well as giving superior returns.
First time investors may end up taking wrong decisions due to limited information they have.
There is a provision in the Income Tax Act which clearly states that if a mutual fund merges plans within their schemes then it would not be considered as a transfer and hence, no capital gains can arise.
Lots of people like to do what famous people do as this gives them a feeling of living a good life and this also raises confidence in their minds.
One of the things that has been witnessed in recent times has been that investors do not make the best use of direct plans.
We look forward to few changes in terms of (a) increase in tax exemption limit under Section 80C for ELSS Schemes (b) additional limit under Section 80CCD for investment in mutual fund linked retirement benefit/pension schemes.
Simultaneously, government should continue its focus on infra spending, rural housing and agri-based sectors like micro-irrigation because of the high multiplier effect of these sectors on economic growth.
So net net imposing taxes on capital gains from equity investing is taxation at multiple levels for investors; on tax paid profit generation which is what drives the markets.
To provide further thrust to infrastructure investments, long term capital gains invested in mutual fund schemes with underlying investments in the infrastructure sector and with lock-in period of three years may be covered under section 54EC.
While 'Budget-watching' is entertaining, one particular Budget is usually not a life-changing event. Hence, pay more attention to your individual budget all year-round
Long term capital gain tax rules may change and dividends may become taxable.
Globally, the ETF market has grown by over 50% over the last 3 - 5 years to over USD 3 Trillion of assets under management (AUM) due to multiple features characteristic of an ETF such as cost efficiency, liquidity, diversification.
We hope that prudence and not populist measures will guide the Finance Minister.
Depending on the option you pick up to transact online, your ease of transaction and options available changes
MF should not be subject to STT and the investments in equity fund of funds should not attract long term capital gains.
Market volatility doesn't entail more risk for the investor in the case of arbitrage funds. In fact, arbitrage opportunities exist only when the markets are relatively unstable.
Sunil Singhania, CIO-Equity Investment, Reliance Mutual Funds says Indian investors have been very mature and positive towards the market. They have absorbed all the FII selling that has taken place, says Singhania.
Here is a cost benefit analysis of investing in stocks directly and through mutual funds.