Income Tax : Understand capital gains tax on equity and mutual funds. Learn about short-term and long-term gains, tax rates, exemptions, and st...
Finance : When it comes to investment planning, two commonly used tools are the Lumpsum Calculator and the SIP (Systematic Investment Plan) ...
Fema / RBI : Discover top investment options and tax-saving schemes for NRIs returning to India, including FDs, NPS, equity, real estate, mutua...
Finance : Explore mutual funds, their benefits, types, NAV, and tax implications. Learn how to invest wisely and diversify your portfolio wi...
Finance : Dive into world of mutual funds! Learn how to invest wisely, understand basics, benefits, and how to pick right mutual funds for y...
SEBI : Explore SEBI's MF Lite Regulations consultation paper proposing relaxed rules for passively managed mutual fund schemes to boost i...
SEBI : SEBI seeks public input on mandatory disclosure of Risk Adjusted Return by Mutual Funds to aid investors in making informed decisi...
SEBI : SEBI Consultation Paper on Review of Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of...
SEBI : While exercising oversight over activities of AMC, Trustees are expected to ensure that AMCs act in a manner which is not skewed ...
SEBI : Securities and Exchange Board of India Consultation Paper on Review of Regulatory Framework for Sponsors of a Mutual Fund A. Objec...
Income Tax : Explore the DCIT vs K.E. Faizal case where the ITAT Cochin ruled on taxation of mutual fund gains, analyzing the application of In...
Finance : Franklin Templeton Trustee Services Private Limited and Another Vs Amruta Garg and Others (Supreme Court of India) Prior-consent f...
Finance : SEBI Vs Franklin Templeton Trustees Services Pvt. Ltd (Karnataka High Court) i) We hold that no interference is called for in the ...
SEBI : SEBI's latest amendment to Mutual Funds Regulations, 2024, introduces changes to investment limits for equity-oriented ETFs and in...
Income Tax : Understand revised format, procedure & guidelines for submission of Statement of Financial Transactions for Depository Transaction...
SEBI : SEBI extends deadline for mutual fund unit holders to nominate or opt out of nomination to January 1, 2024. Learn about new timeli...
SEBI : SEBI issues Circular outlining rules for Mutual Funds' investment in Corporate Debt Market Development Fund (CDMDF) to enhance cor...
SEBI : SEBI has notified implementation dates for amendments to SEBI (Mutual Funds) Regulations, 2023. Certain provisions will come into ...
Arjun (Fictional Character): Krishna, nowadays more and more people are making investments in mutual funds through SIPs? Krishna(Fictional Character): Arjuna, SIPs i.e., Systematic investment plans are a convenient method of investing in mutual funds in which the investor can invest small amounts periodically. Investors can choose the frequency of their SIP investment as weekly, monthly, […]
i. Pooling of funds and/ or units by stock brokers / clearing members in any form or manner shall be discontinued for mutual fund transactions. ii. Similar to mechanisms for transactions in mutual fund units by MFDs and IAs, stock exchanges shall put necessary mechanisms in place for stock brokers / clearing members also, to ensure that funds pay-in is directly received by the clearing corporation from the investor account and funds pay-out is directly made to the investor account.
3.1. AMCs shall ensure that the transactions (financial/ non-financial) can be executed only if there is a service agreement between the AMC and the service provider / platform.
In order to ensure that mutual funds render, at all times, high standards of service, exercise due diligence, ensure proper care in their operations and to protect the interests of investors, SEBI vide Circular No. MFD/CIR/15/19133/2002, dated September 30, 2002 prescribed certain systems, procedures and practices that must be followed by all mutual funds with regard to risk management in various areas like fund management, operations, customer service, marketing and distribution, disaster recovery and business contingency, etc.
Clarifications with respect to Circular dated April 28, 2021 on ‘Alignment of interest of Key Employees (‘Designated Employees’) of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes’ Based on the representations received from the Mutual Fund Industry and recommendations of Mutual Funds Advisory Committee (‘MFAC’), it has been decided to provide […]
Small-cap stocks are the stocks of publicly traded companies that have a market capitalization of less than Rs. 5,000 crore. Such companies are more volatile and vulnerable to losses during downtime in the market, as they are young and seek to expand aggressively. In a small-cap fund, the fund manager invests a minimum of 65 […]
When you dedicate a lump sum amount in ELSS tax-saving mutual funds, you buy mutual fund units which is worth the investment amount at the then prevailing NAV of mutual funds or net asset value of the fund. As a result, the earnings earned is heavily depended on on the appreciation of the NAV of your fund.
Mutual Fund is a professionally managed investment fund which pools money from many investors and invest broadly in equity, debt., combination of equity & debt (balanced or hybrid fund) and commodities. How to choose the type of Mutual Fund The objective of investment should be clear while choosing mutual fund. If the objective is to […]
It is clarified that mutual funds should maintain current accounts in an appropriate number of banks for the purpose of receiving subscription amount and for payment of redemption / dividend / brokerage / commission etc. to facilitate financial inclusion, convenience of investors and ease of doing business.
How to save tax through mutual fund investment? Well, for individual investors, there are a plethora of answers; can companies save tax? Well, let’s dig into it.
