MIRAE ASSET FOCUSED FUND 1. NFO Period – 23rd Apr 2019 to 7th May 2019 2. Open Ended Equity Fund 3. Investing in a maximum of 30 stocks intending to focus in Large cap, Mid cap & small cap (i.e. multicap) 4. Benchmark : Nifty 200 TRI index 5. Aims to identify and invest in…
Indian equity markets trading flat as investors stayed on the sidelines in a holiday-truncated week. They also looked forward to U.S. Federal Reserve”s 2-day policy meeting, ending May 1, 2019, and U.S. payroll data, scheduled to be released on May 3, 2019. Asian equity markets were mixed after China reported a slower pace of factory…
Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers 6. Full Tax rebate…
Please find below the Key Highlights of the Fifth Bi-monthly Monetary Policy Statement, 2018-19. Repo Rate – unchanged at 6.50% Reverse Repo Rate – unchanged at 6.25% Bank Rate & Marginal Standing Facility (MSF) Rate – unchanged at 6.75% Cash Reserve Ratio – The CRR of scheduled banks remains unchanged at 4.0% of their net demand and time liabilities (NDTL).…
While everyone has been talking about tax on Long Term Capital Gains (LTCG) when it comes to stocks or equity oriented mutual funds, one other factor that investors need to consider is the Dividend Distribution Tax (DDT). This is a tax applicable when someone chooses the Dividend option instead of the Growth option, while investing…
WANT TO STAY CALM DURING VOLATILE TIMES? DO THESE 8 THINGS 1.Don’t panic! Volatility alert! Please don’t push the panic button! Don’t indulge in distress sales during this period. Volatility is not as negative for your investments as you think. 2. Set Goals for every investment Setting financial Goals makes it clear when you…
Are you like…Rohit, who decides to redeem his investments when markets decline and doesn’t see any improvements? OR Rohan, who decides to redeem his investments when markets rise and wishes to safeguard his gains? OR Raj, who decides to continue with his investments no matter which route the markets take? If you have invested money…
“ Sheep all together, cars all together, people all together, crows all together, ants all together! Everywhere is full of herds. To breath comfortably, to feel free, to think better and to find the beauties of the unknown paths, leave your herd. In whichever herd you are in, leave it.” – Mehmet Murat ildan (Turkish Writer)…
A SIP (Systematic Investment Plan) is a smart financial planning tool that could help you create wealth by investing small sums of money regularly, over a period of time. Benefits of a SIP Disciplined investment approach Investing regularly helps avoid sentiment-driven investments such as investing larger sums in…
You can reach your financial goals by consistent with your investing habits. It is now an un disputable fact that long-term equity investment outperforms almost all other investment classes. The unhelpful fact is that volatility in equity asset prices in the short term deters the small and middle class investor from investing. But SIP in diversified…
While Long Term Capital Gains are a new reality, investors should focus on Letting Their Capital Grow. It would be fair to say that as investors, we all prefer tax free investment alternatives. But let’s face it: tax on Long Term Capital Gains is a new reality when it comes to stocks or equity oriented mutual funds. As long term investors, this…
