Purchases of mutual funds are common among persons who wish to have their investment managed by professionals besides diversifying. Of all the approaches enumerated the Fund of Funds (FOF) is a type of mutual fund that is quite distinct. It combines capital to buy into as many other mutual funds or hedge funds as…
While choosing an investment you might have faced confusion between two types of funds, namely index funds and mutual funds. Although many people tend to use these terms interchangeably it is important to note that index funds are a category of mutual funds. All index funds are mutual funds, but not all mutual funds…
The Union Budget for the fiscal year 2024 which was presented in February 2024 proposed substantial modifications in the type of capital gains taxation that affects the taxation of mutual funds. The new rates of the Long Term Capital Gains (LTCG) tax intend to sustain long-term investments while both short-term and long-term capital gains…
Handling financial responsibilities after a family member has passed on is daunting. Of these responsibilities, perhaps the most important is establishing ownership of Mutual Fund investments to allow for the transfer of assets. Knowing all these procedures and conditions makes it easier and prevents such investments from being passed to the next level with…
One of the things that everyone using investments needs to ensure they do is to monitor the performance of the investments. For investors, two vital metrics often surface during this evaluation process: Extended Internal Rate of Return (XIRR) and Compound Annual Growth Rate (CAGR). Both quantify returns but are used for different objectives and…
The two major approaches for systematic savings and disciplined investment in India are the Systematic Investment Plan (SIP) and the Public Provident Fund (PPF). Both are unique and serve different purposes depending on the kind of investor in the market. While SIP gives customers direct exposure to market-linked products where one can actually win…
Buying securities from a broker and getting those shares reflected in your demat account is a series of events. However, this process remains largely unobservable by investors and includes brokers, clearing corporations, and several intermediaries. Realizing the necessity to increase efficiency, transparency, and investor protection, SEBI has recently issued a completely new approach to…
The Economic Affairs Committee approved the Income Tax Department’s PAN 2.0 project on November 25, 2024. The expense budget allotted for the same is Rs. 1,435 crore. This new invention envisions enhancing the existing PAN through a sophisticated, fully digital, paperless, and online system with the integration of a QR code. PAN 2.0 brings…
The US presidential election in 2024 became a significant political event affecting the citizens as well as international investors. Especially for those who invest in emerging markets, such as India, the results of this election are of the greatest significance. India is the fifth largest economy in the world and a key player in…
Selecting the right index fund is an important stage in forming an effective investment strategy. Index funds are some of the most widely used investment products because they are relatively cheaper, and their returns are normally good in the long run. In today’s market, there are so many available funds, and that is why…
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