The Lok Sabha passed the Finance Bill 2023 without discussion while the opposition continued with its stir demanding a Joint Parliamentary Committee (JPC) on the Adani-Hindenburg issue. With this, the government has had its way in doing away with the tax benefit on the Long Term Capital Gains (LTCG) tax on debt-oriented mutual funds if…
A magician plotted an illegitimate scheme to garner millions of Rupees quietly. When he thought he would get away with his dexterity, the market regulator called his bluff. Recently, the Securities and Exchange Board of India (SEBI) issued an Interim-order-cum-Show-cause Notice to Viresh Joshi — the prime accused in the Axis Mutual Fund front-running case…
If you are young, earning a respectable or high income, want to achieve your envisioned financial goals, counter inflation, have an investment time horizon of 3 years+, are willing to take a calculated risk, and want to save tax while you invest, then Equity-Linked Saving Schemes or ELSS is a worthwhile investment avenue. Investment in ELSS entitles…
All are guilty unless found innocent seems to be the undertone of SEBI’s latest actions. Recently, SEBI released an advertisement inviting Expression of Interest (EoI) from forensic auditors to conduct audits of mutual funds. Now you might think I am blowing this topic out of proportion. No, I am not, given the context of these developments. In its…
The active funds versus passive funds debate refuses to die down. In the past 6-8 months, I’ve come across a few reports and articles published by the media questioning the efficacy of actively managed equity funds. Besides, against the backdrop of several Index Funds being launched in the last few months, I even heard some experts playing up the tune…
Are you looking for the safety of your capital as economic uncertainty grips the global markets in 2023? Yes? Then consider investing in some of the best Liquid Funds… Now many of you might be wondering, why I am suddenly talking about the safety of capital especially when the central banks across the world could be less…
The year 2022 proved to be a year of consolidation for global equity markets and witnessed a complete reversal of some of the major trends of 2020 and 2021. A liquidity-driven rally that started from the lows of March 2020, supported by cheap valuations and then by the earnings recovery, extended to 2021. During this…
The year 2022 put gold under a bright spot. The precious yellow metal displayed its trait of being a safe haven, a hedge, and a store of value in times when we all have been witness to Russia’s invasion of Ukraine, mounting geopolitical tensions, energy crisis, spiralling inflation (also called rising cost of living), central banks monetary…
The year 2022 has been a difficult year for global equity markets. With the risk-off trade largely playing out all around the year, major global equity indices struggled. But despite the challenging situation, particularly in the first half of 2022 (with COVID-19 cases, Russia’s invasion of Ukraine, the supply chain disruptions, inflation spiralling, and then…
Are you looking for the best equity mutual funds for SIPs in 2023 or top-performing SIPs in India today? Yes? Well before I reveal the list of the best SIPs to you, allow me to give you a backdrop of how the year 2022 has been, and then tell you how the year 2023 is…
