[ad_1] āHe listened to everything I said,” Meenakshi recalls, āand a couple of days later, came back and saidāand I am not making this upāthat he had a hunch gold would do well. I tried to talk him out of it, but he stuck to his guns and put all his money into a couple…
[ad_1] There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10% to 12.5%. However, since April 2023, the benefit of indexation has been taken away from debt-oriented mutual funds (MFs), and it is taxable at marginal slab rate (MSR). For…
[ad_1] The recent reduction in the minimum ticket size for corporate bond investments from ā¹1 lakh to ā¹10,000 is a significant step towards this. While it opens up new opportunities for retail investors, itās important to be aware of the risks before diving into bond investments, and remain vigilant once you do. Retail investors often…
[ad_1] The mutual fund industry in India has witnessed a seven-fold growth in the past 10 years with the assets under management (AUM) growing from ā¹8.3 lakh crore in December 2013 to ā¹61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report āWhere the…
[ad_1] Upon spotting the trends for the mutual fund industry for the month of July, it is quite evident that increasingly a higher number of investors have started to invest in mutual fund schemes. Sample this: out of every five-rupee worth industry assets in the mutual fund universe, three are held by individual investors while…
[ad_1] With the latest budget announcement and the directive from the previous yearās budget, debt mutual funds have become unattractive and have been relegated to the sidelines ā a burgeoning segment almost thrown under the bus. This was also inferred when the Association of Mutual Funds of India put out six-point budget feedback on 30…
[ad_1] The withdrawal of indexation benefits on debt mutual funds, as outlined in the Union Budget for 2024-25, has left investors re-evaluating their strategies. The new policy, which affects funds purchased before 1 April 2023, imposes a flat 12.5% tax rate on gains without the previous indexation advantage. This change significantly increases tax liabilities compared…
