Thematic and sector funds are all the rage. But recent returns mask the true risk.

Thematic and sector funds are all the rage. But recent returns mask the true risk.

“Which mutual fund should I invest in?” It must have been the 20th time my sister had called to ask me this. As usual, I tried explaining the basics but was quickly interrupted this time. “Don’t waste my time, just tell me where most people are investing.” This was understandable. She had recently received a … Read more

Should PMS investors switch to focused funds after new tax changes?

Should PMS investors switch to focused funds after new tax changes?

Portfolio management services (PMS) are navigating new challenges after the Union Budget for 2024-25 increased tax on long-term capital gains (LTCG) and short-term capital gains (STCG). As stocks are held in the investor’s demat account in PMS, every buy and sell decision of the PMS manager has a tax impact for the investor, unlike a … Read more

Balanced advantage funds: A must-have for your investment portfolio

Balanced advantage funds: A must-have for your investment portfolio

The Indian stock market has a history of both significant peaks and subsequent corrections; be it the Dot-Com Bubble and the subsequent crash, or the global financial crisis of 2008.  Market trends are clearly influenced by both domestic and international events, and investor sentiment and behaviour are critical components of these market cycles. Market volatility … Read more

Investor’s guide to surviving the front-running storm

Investor's guide to surviving the front-running storm

I’ve always observed these incidents with a mix of concern and professional interest. Because front-running isn’t a new phenomenon, nor is it unique to any single fund house. This practice, where insiders use advance knowledge of pending orders to trade for their own benefit, has reared its ugly head multiple times in the Indian mutual … Read more

From Dreamers to doers: SIPs are reshaping investing in India

From Dreamers to doers: SIPs are reshaping investing in India

A year after the Securities and Exchange Board of India (Sebi) was established, private sector entities began entering the mutual fund industry. Five years later, in 1993, Kothari Pioneer, now Franklin Templeton, launched the first systematic investment plan (SIP). Today, SIPs are about to become one of the most preferred investment avenues for Indian investors. … Read more

Can I claim a tax benefit on rent paid in the same city where I own a house?

Can I claim a tax benefit on rent paid in the same city where I own a house?

Is there a tax benefit available if an individual stays in a rented house and at the same time rents his own house in the same city? —Arindam Mukhopadhyay We assume that you are in employment and are paid a house rent allowance (HRA) by your employer. As per the provisions of the Income Tax … Read more

Budget expectations: Here’s what experts across sectors anticipate from the July budget

Budget expectations: Here's what experts across sectors anticipate from the July budget

The newly elected Finance Minister Nirmala Sitharaman is likely to begin the budget preparation process, highlighting the importance of meticulous planning and comprehensive analysis.  The Union Budget is expected to be presented in Parliament by the third week of July, according to a report by ANI. Also read: Union Budget 2024 likely to be tabled … Read more

How Aditya Birla Sun Life MF, one of India’s first global Gift City funds, works

How Aditya Birla Sun Life MF, one of India’s first global Gift City funds, works

The fund is a close-ended Category II alternative investment fund (AIF). It has a term of 4.5 years, which can be extended by another year with the consent of two-thirds of its investors. It will feed into the ARGA Emerging Market Equity Fund. ARGA is a US-based asset manager with about $15 billion worth of … Read more

How to ensure phased payouts to your nominee in the case of death

How to ensure phased payouts to your nominee in the case of death

In the event of my death, I don’t want my son to receive the entire amount in my mutual fund (MF) investments, bank accounts and term insurance payout in one go. How do I ensure that he gets the money in phases like how it happens through an MF systematic withdrawal plan (SWP)? Can you … Read more