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Taxation of Mutual Fund for Individuals & HUF

Hello Investors, Here is the taxability of Mutual fund schemes which are mentioned here under: Particulars Residents / HUF Dividend Schemes 30% + Surcharge as applicable + 4% cess Notes : TDS @ 10% will be charges on receipt above 5000 Rs in financial Year     Equity Oriented Scheme   Long Term capital gain (Unit hold for more than 12 Months) 10% without indexation + Surcharge as applicable + 4% cess Short Term capital gain (Unit hold for less than 12 Months) 15%   + Surcharge as applicable + 4% cess     Other than Equity oriented Schemes   Long Term capital gain (Unit hold for more than 36 Months) 20% with indexation + Surcharge as applicable + 4% cess Short Term capital gain (Unit hold for less than 36 Months) 30%   + Surcharge as appli
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Mutual Fund and its basic, Risk and reward ratio and average return on particular mutual fund category

Greeting to all,          H ere i am going to explain you in basic what is mutau fund and its risk and reward ratio, with average return, the details are gather on the basis of my own experience and  due to this Covid effect it may vary, but in general scenario we can expect returns mentioned in table.  The main question asked to investor will be, on which basis fund will be selected; 1.         Risk taking Capacity 2.         Objective of Investment 3.         Time frame of Investment 4.         Liquidity requirement Sr No. Scheme Avg. return or Risk reward Duration Safety of Fund Remark 1. Liquid fund 5 to 6 % PA Can be for 1 day also. Highly Safe, investment in Fixed income fund. Can used against traditional for of Saving bank 2. Debt fund 8 to 9 % PA Can be for longer period may be say for 1 or 6 month or for 1 year Highly
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Mediclaim an alternative of investment

     Advantages of taking Mediclaim, also is it a real alternative of investment???      Is Mediclaim worth to buy 1 say no yaar its waste of money. I have answer to them please go through the blog and decide by yourself whether you should buy mediclaim or not.      Let's take for an example 1 is paying an amount of rupees 75000 for getting cure of heart attack in hospital. Taking out 75000 at a time would be e difficult for the middle class people, but considering the case one has mediclaim of say 200000 rupees for which hi he is paying and amount of 10000 annual, so take an example if he would have taken the policy and got admited in hospital the cost would have been beared by Mediclaim company.      This way we can save small small amount and get the cure of the illness. So now say expending 75000 is good or taking policy and spending 10000 annually is good. The amount i show is adhock but in real we get medicalaim policy at cheaper rate which can be affordable by everyone. So i
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Credit card and its benefits

     Whether you should take credit card or not? This question has come in our mind many times what are the advantages and disadvantages of credit card.      Not wasting much time let us directly come to disadvantages of credit cards. The biggest disadvantage of credit card is only one from my point of view which is the interest and penalty which we are force to pay if we fail to clear the dues on time. One might be thinking that why why we are starting the blog with disadvantages, the reason being all the advantages which we are getting in credit card let it be in the form of reward point or discount all the things are getting wasted if we don't pay dues on time. The interest, service charge, penalty, all the things cost us more than the benefits. Hence only one thing to keep in mind if you provide us on time the credit card will be the alternate way to save the money. Another disadvantages that we required to pay annual charges because we are using the services of the credit card
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Annual Budget and its market connection (Basic)

Hellow to everyone, its been long since our last post. But we are back with new information on right time, its the time of budget where market fluctuates for temporary period on the basis of announcements made in budgets. Every year government announced some role map for upcoming financial year and on that basis many announcements are made. So this directly related to sentiment of common people if people like the budget than market goes up and vice versa. But how we will be able to determine how market will perform as i told earlier market is driven by many factors so now what to do and how to get the maximum opportunity out of thia budget fluctuations. Some may say go and purchase top fund which will perform in any situation and some say wait for budget and on the basis of announcements we can decide further action. I personally believe its the short term opportunity one who is looking for short term gain can do such type of thing, but if you are looking for long term that its better
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A new beginning - continues

Hello everyone, welcome back to another post in which we will continue discussing the right way to get the maximum profit from the fund which are in loss. As i said in earlier post go for the selective decision, do not rush to book profit or loss. Its seems that many of large cap fund are performing well, and also the samll cap or mid cap funds which are discounted are having a option to accumulate at low prices. The major reason of loss in funds are like wrong entry timing, irregular investment pattern, selection of wrong category of funds etc. As you also can notice i am focusing on funds who are in loss........ Why??????? The main reason is that the price of majority of small and mid cap funds are down and still some funds whoes stock selection is best are having a chance of getting double digits profit. In my first post of what is mutual fund i have explained the benefit of average in mutual fund. Also to make a note that its a fudn with proper and analysed stock selectio
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A new beginning

Hellow to all, i know its too long since our last post, but i am back with new information for the small and caution investment. As all are aware election has ended and government continues to hold the centre, now this shows that the plans done by the government will be kept as its and we will see some more growth in respect to economy like way we show in last 5 year. Now if you ask me whats the next plan for any one who want to maks money. Well answer to them will be given in next trailing post, in this i will be looking after the position of investors who had started investment 8 to 12 months back, majority of them may be having a loss again many of the funds held by them. Lets discuss what to do with this type of funds. As i already mentioned the new investment plans would be given in trailing post. If you had invested some money in the mutual fund and see's losses in them many of them would be planning to quit and make a exit out of it, but waittttttt this is not the ri
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Volatile market and investment in mutual fund

    Since many days the question on reasons as to why we should invest in mutual fund is raised many time, as market is facing ups and down day by day. And also in single days the index's are getting down by 1 percentage.      See now lets understand one thing that in the stock market the volatility of such type will be there and by this volatility only investors are making profit. So is it the time to invest in market!!!! I know that prediction of market is very difficult. But there are some tools or method or statics by using which mutual fund houses are planning their trades. Can we use same tips and trick to trade in market to get the maximum profit???     Lets understand that the same method can be used by us, but the risk of losing money will also be high. The people who are trading in market, watching stock market etc. Will find it easy but for the rest the difficult task starts here. As we are not regulatory watching the market the prediction is difficult. On ever
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How to start investment when you are teen's

Hello every one, today we are going to discuss the investment strategy for teen. In this i am not going to discus about only earning teenagers, this type of strategy can be used by any one.      When we think of investment only few option come in mind like FD or saving in bank in Saving account or will go for some LIC policies or health insurance policy. I agree that this type of saving is good and alos required but will not be best for future planning, as you know infaltion is growing day by day so as expenses, if you want to meet this expenses and want to enjoy good lifestyle, then you will have to let your money work harder for you.      You all will ask how this will happen; the simple answer is DIVERSIFICATION. Now this word seems small but has a huge impact when it comes to financial planning.      What do you mean by diversification. It means investing money in more then 1 investment options if we talk if financial sense. Now question comes what all investment opti
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Types of mutual fund in India based on assets classification

As you know there are various mutual fund which are available in the market but what are the categories in which we can bifurcation them.  Mutual fund can be bifurcated on the basis of asset class , on the basis of structure, on the basis of investment objective and on the basis of goals.     Today we are going to go through the bifurcation of mutual funds on the basis of asset class. 1. Equity fund 2. Debt fund 3. Money market fund 4. Hybrid or balance fund 5. Sector fund 6. Index fund 7. Tax saving fund 8. Funds of fund  1. Equity fund     In this type of fund fund manager invest the fund in direct equity market. This type of fund provide the higher return with the higher risk. So person with long term investment planning can go for this type of funds. 2. Debt fund    These type of  fund invest the amount in fixed return instrument like debenture, bind, fixed deposits etc. This type of fund are know for fixed return with highest safety of money. So per
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What is Mutual Fund

Now a days mutual fund is getting a huge response from small investors. Also from recent study it was found that more then half of the mutual fund investor withdraw their money in short term because of many reasons. Today we are going to understand the basics of mutual fund and who can invest in it.           All would be knowing the SHARE MARKET KING Rakesh Jhunjhunwala, he has earn and made lot of money from share market with its knowledge , time , experience etc. But people like salaried person or small investor can't invest in market directly because of limited knowledge , time and money.           This is where MUTUAL FUND plays a big roll, this houses collect the small small amount of money from the many investor and the money collected from all the investors are invested in stock market in form of equity, debt, bond, fd etc.  The small amount of Rs 500 can also be invested on monthly basis or else a lump sum of any amount can be invested. The mutual fund manager on
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