Stamp Duty on Mutual Funds – What it means for you?
Effective July 1, 2020 you need to pay stamp duty of 0.005% on purchase of Mutual funds. In case of transfer like while purchasing ETFs/closed ended funds from stock exchange, the rate is 0.015%
Mutual Funds
SIP Vs. Lumpsum – Which is the Best way to Invest in Mutual Fund?
SIP (Systematic Investment Plan) or Lump sum – Which is the Best way to invest in Mutual Fund? Which investment method would lead to higher returns? A question asked by almost all new investors. We help you find an answer to this eternal debate. SIP was introduced by Franklin Templeton Mutual Fund more than 15 …
SIP Vs. Lumpsum – Which is the Best way to Invest in Mutual Fund? Read More »
How SWP in Debt Mutual Funds is better than Fixed Deposit for Regular Income?
Fixed deposit with banks are the most popular investment option for regular income after retirement. But with interest rates going down retirees have started exploring other options. Systematic Withdrawal Plan (SWP) in debt fund is one such option which retirees and people looking for regular income must evaluate. As per your SWP instructions to mutual fund, …
How SWP in Debt Mutual Funds is better than Fixed Deposit for Regular Income? Read More »
How India Tax Investments in 2021 ★ 23 most common Investments Explained
Taxation plays a very important role in the returns generated by your investment and so you should know how India tax investments before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments Saving Bank Account Interest earned in Saving bank account up to Rs 10,000 is …
How India Tax Investments in 2021 ★ 23 most common Investments Explained Read More »
How to invest in DIRECT Plan of Mutual Funds?
We have always stated that Mutual Funds are one of the best ways to create and manage wealth. It’s convenient, low cost, well-regulated, transparent and gives benefit of diversification. Starting January 1, 2013 SEBI had mandated all fund houses to have two version of each scheme – Direct & Regular. Direct vs. Regular: As the …