A lot of gung-ho has been witnessed among the investor's community after Sundar Pichai – the Chief Executive Officer of Google unveiled Google Duplex – its new AI-based assistant. A similar excitement was witnessed when ace investor Warren Buffet added 75 million shares of Apple...
Off late, CryptoCurrency has been capturing the headlines in the financial market. If we talk of the Indian market, the Union Budget 2018 declared CryptoCurrency illegal. With increasing penetration of Bitcoin (one of the earliest Crypto Currencies conceptualized), the question now has shifted to -...
“Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing” The disclaimer is well known by now and is found across media channels - be it print media or electronic media. Before we delve deeper into how market impact equity...
Why invest in gold? Soft start to 2018: Overall Q1 demand plunged 7% The gold demand of 973.5t was the lowest Q1 since 2008. The main reasons behind the fall were the declining demand for gold bars, gold-backed ETFs and also due to range-bound price. In the...
Of-late we have come across multiple queries from our readers on the benefits of Lump sum investment and Systematic Investment Plan (SIP) and which is better. While we believe that both SIP and Lump sum mode of investment offer their own pros and cons, we...
How to switch from regular plan to direct plan? Securities and Exchange Board of India (SEBI), in 2013, directed the mutual fund houses to launch direct plans of all mutual fund schemes. This has resulted in two plans for each fund - regular plan and direct...
What is a Folio Number? Folio number is one of the most known words off late particularly after demonetization as the investments in equities and equity-related securities have increased manifold. Mutual funds need some mechanism to store record pertaining to investments, transactions made by an investor. This...
The Finance Minister, Mr. Arun Jaitley shocked the investor community when he re-introduced Long Term Capital Gain Tax in his Budget speech on 1st February 2018. Over the years, one of the major drivers for flows into equities was the tax-free status of the gains...
Equity Linked Savings Scheme (ELSS) are tax saving mutual funds which provide an investor with the tax-saving benefit of up to Rs 1.5 Lakh under section 80 C of the Income Tax Act. An investor may invest more than Rs 1.5 lakh in these schemes...
It’s all about Politics… The recently concluded Gujarat elections undoubtedly have implications for the ruling Bharatiya Janata Party (BJP). Though the BJP secured a clear majority in the elections, the fact remains that despite crossing the half-way mark, BJP won fewer seats than the 2012 elections....