You already know that the budget didn’t have any specific sops for mutual funds. Does that mean it won’t have any impact on your mutual fund investments? “Budget didn’t have anything directly impacting the mutual fund schemes. But, there were… Read more
Author: Admin
Here’s how Budget boosts sentiment in housing
Investors are now upbeat on housing finance and real estate companies, thanks to the budgetary measures intended to give housing a boost. But one should be cautious as the earnings of the next quarter could well be the real measure… Read more
Budget 2017 proposes no new tax on equity gains: Stocks still the best way to get rich
The fear of hike in taxes was very real in the equity markets before the Budget. There was fear of possible increase in securities transaction tax (STT), short-term capital gains tax, time period to determine long term capital gain, etc…. Read more
Property as investment to lose edge due to capping of tax break proposed in Budget 2017
Borrowers claiming unlimited tax benefits on interest payment towards home loans for a rented out second property will have their tax deduction capped from 1 April 2018. While individuals today use this window to set off any loss arising from… Read more
Budget 2017 clarifies on mutual fund scheme merger
Mutual fund industry is busy deciphering an indecipherable paragraph in Budget 2017. It reads: Consolidation of plans within a scheme of mutual fund Finance Act,2016 amended section 47 of the Act so as to provide tax neutrality to the transfer… Read more
MFs file papers with Sebi for 10 new offerings
With mutual funds gaining traction among retail investors, asset management companies have filed draft offer documents with market regulator Sebi for as many as 10 new schemes this month. Equity, debt and fixed maturity plans (FMPs) are some of the… Read more
You can expect more CPSE ETFs in 2017
You can expect more CPSE Exchange Traded Funds (ETFs) in 2017. Against the backdrop of a successful listing of CPSE ETF this week, the finance minister said Exchange Traded Funds or ETFs are likely to remain preferred investment vehicle for… Read more
Must know tax saver mutual funds
The most important factor in investment is the time period. You should know when and what kind of research has to be done before investing. As the idiom goes – haste makes waste – it’s is better to do your… Read more
Equities see sixth month of inflows, MFs pour in Rs 5,000 cr
Mutual fund managers have purchased stocks worth nearly Rs 5,000 crore so far in January, making it the sixth straight monthly inflow after retail investors continued to lap up shares. Besides, fund managers have pumped in over Rs 30,000 crore… Read more
How investing in SIPs can make you a crorepati
Everybody wants a reward but not risks that come while working towards it. This is also the main reason for the popularity of systematic investment plans, or SIPs, which give investors the option of gaining from market while reducing the… Read more