Specified mutual funds will enjoy reduced long-term capital gains tax if held for two years. However, more clarity is needed as to which all schemes will benefit. The benchmark indices Sensex and Nifty closed in the red on the back of the finance minister’s Budget announcement on increasing the capital gains tax and securities transaction tax
Measures such as the late payment surcharge rules and the revamped distribution sector scheme are enhancing the financial stability and operational efficiency of these companies. The emphasis on domestic coal production is reducing costs and ensuring a reliable energy source.
BY Kundan Kishore 11 July 2024
Axis India Manufacturing Fund is a thematic fund that aims to leverage the potential of India’s burgeoning manufacturing theme
BY Kundan Kishore 4 December 2023
Though Sebi has said that India needs about a million more registered investment advisors, however, the fact is that their number has, in fact, decreased from 1,365 before the Covid-19 pandemic to 918 as of today
BY Kundan Kishore 7 October 2023
Indian mutual fund industry's assets under management (AUM) hit a record high at Rs 46.63 trillion in August 2023 and are now eying for the Rs 100-trillion mark in the coming years.
BY Kundan Kishore 11 September 2023
Most seniors focus on fixed income vehicles for their retirement income. While the income could be fixed, they might not suffice in terms of purchasing power because of inflation. Here are the best products that the retired can consider for their retirement years.
BY Kundan Kishore 18 April 2023
We don’t actually need regular income, but rather regular cash flow in our retirement years to help us with our expenses while also keeping up with inflation. Here’s how a bucket strategy can help us achieve our goals.
BY Kundan Kishore 16 April 2023
To rein in inflation and curb demand, the central bank has raised repo rate by 250 basis points since May 2022, and it could rise further. The news is not pleasing for retail loan customers. A rise in interest by 25 basis points, translates into an increase in EMI by Rs.820 per month for a loan of Rs 50 lakh with tenure of 20 years
BY Kundan Kishore 16 March 2023
Neither price appreciation, nor rental yield is impressive. The interest rate is continuously on the rise as is the equated monthly instalment. What lies in store for real estate investors?
BY Kundan Kishore 20 February 2023
Majority of NPS Equity Tier-I schemes have underperform its benchmark on five, seven and 10 years basis. Should this be a concern for investors, especially when withdrawal from this account is restricted and conditional?
BY Kundan Kishore 9 January 2023
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