Sudhanshu Singh, director IBBM, MM Securities, answers your mutual fund queries.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
Five simple rules of thumb that indicate it is about time you sold your mutual fund portfolio, booked your profits and re-invest the money you earn.
Let us look at the various issues associated with FoFs -- some are positive and some negative.
The Indian equity markets have significantly increased in importance within the emerging market (EM) basket of stocks in recent years. Since 2018, India's weighting in the Morgan Stanley Capital International (MSCI) EM Index - tracked by passive funds with assets of nearly $500 billion - has doubled, while the number of domestic stocks has grown by almost 70 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The move to remove indexation benefits on LTCGs presently available for property, gold, and other unlisted assets may have a negative impact as it directly impacts real estate investors.'
rediffGURU Vivek Lala answers your income tax and personal finance queries.
These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.
The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per cent M-o-M (up 12 per cent Y-o-Y), asset management companies (AMCs) had a great year with robust growth in assets under management (AUMs). AMCs are likely to report strong PAT growth (30-40 per cent Y-o-Y) in Q4FY24 on the back of AUM growth. In Q4FY24, domestic mutual fund (MF) industry's quarterly average AUM grew by 34 per cent Y-o-Y and 10 per cent quarter-on-quarter (Q-o-Q) to Rs 54 trillion ($652 billion).
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
Improvement in financial savings channelised massive inflows into the equities market through the mutual fund route.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
A lot of investors must be wondering why we are saying this because they probably know it already. We are wondering the same thing -- if investors already know this, why do they question the fund manager's investment decisions despite knowing that he knows more about investing and finance than them; and that is the reason why he is managing their money and not the other way round.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
Investors sinking lump sum money in equities seem to have applied the brakes.
Embracing the habit of SIPs can pave the way for a financially secure and prosperous future, points out Misbah Baxamusa.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
rediffGURU Ulhas Joshi answers your mutual fund queries.
As an investor you are spoilt for choice as far as investment options are concerned. Wealth management expert Sanjiv Mehta tells you about the best investment options available.
Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
Mutual fund investors in equity schemes are not yet rushing to redeem their units but inflows have dried up substantially, said mutual fund distributors.
The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year. Now individuals having long-term capital gains of up to Rs 1.25 lakh in a fiscal year can also file ITR-1.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.
Do not, however, enter expecting quick returns.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Backed by upsurge in stock prices, diversified open-ended equity schemes of mutual funds posted an average 19 per cent return for the one year ended June 2003, according to Crisil's mutual fund ranking.\n\n\n\n
