Sensex at 80,000! How to Approach Equity Mutual Funds Now

The bellwether, BSE Sensex hit an all-time high of 80,392.64 points last week (on July 4, 2024). This is stupendous for the Indian equity market amid rising geopolitical tensions and various other key risks, such as tightening global financial conditions and capital outflows, among others. It is perceived that despite these risks, India’s strong macroeconomic…

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July 10, 2024 | by

How To Add Nominee in Mutual Funds

The deadline of June 30, 2024, to add a nominee to your mutual fund investments is soon approaching. Last week I wrote, about what happens if your mutual fund folios and demat accounts do not have nominations. The capital market regulator, SEBI in its latest circular dated June 10, 2024, has clarified that non-submission of ‘choice of nomination’ shall…

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June 19, 2024 | by

Modi 3.0 May Tweak Capital Gains Tax on Debt Mutual Funds

On June 9, 2024, in a stunning splendour at the Rashtrapati Bhavan and the presence of several dignitaries, Shri Narendra Modi was sworn in as Prime Minister of India for the third consecutive term (after the first PM of India and Congress Stalwart, Shri Jawaharlal Nehru). Besides, a 72-member Council of Ministers took oath —…

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June 11, 2024 | by

Is Your Mutual Fund KYC Status ‘On Hold’? Here’s Good News

Last week, I covered an article on Mutual Fund KYC, explaining what ‘KYC Validated’, ‘KYC Registered’ and ‘KYC On-Hold’ statuses mean and their impact on your existing and new investments in mutual funds. To ensure uninterrupted experience when transacting in mutual funds, I stressed having your Mutual Fund KYC status as ‘Validated’ instead of ‘Registered’ or…

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May 16, 2024 | by

Will Periodic Social Media Disclosures by Investment Advisors Help Investors?

In this day and age of social media and influencers, all sorts of information and misinformation are disseminated. Last year, the Advertising Standards Council of India revised its guidelines mandating the Securities and Exchange Board of India (SEBI) registration for influencers in the banking & financial services sector, popularly known as ‘finfluencers‘, to provide investment-related advice. The…

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May 15, 2024 | by