There is a huge discussion going on in choosing the Overnight Funds Vs Liquid Funds especially after SEBI introduced the graded exit load in Liquid Funds.If you don't know what is graded exit load, then refer my last post "Graded Exit Load in Liquid Funds Effective from 21st October … [Read more...] about Overnight Funds Vs Liquid Funds – After exit load in Liquid Funds
Mutual Fund
Graded Exit Load in Liquid Funds Effective from 21st October 2019
Do you know from now onwards you have to pay exit load in Liquid Funds if you redeem within 7 days? Let us see the Graded Exit Load in Liquid Funds effective from 21st October 2019. SEBI Introduced the graded exit load for Liquid Funds. Why exit load in Liquid Funds? Earlier there was no exit load … [Read more...] about Graded Exit Load in Liquid Funds Effective from 21st October 2019
NRI investment in Mutual Funds in India – A complete guide
There is a lot of confusion among NRIs when it comes to investing in mutual funds in India. Hence, let us discuss in detail about NRI investment in Mutual Funds in India.The confusion is mainly because they get it confused with KYC or Bank Account details and also the taxation in the country … [Read more...] about NRI investment in Mutual Funds in India – A complete guide
Why NAV of Mutual Funds starts with Rs.10 during NFO?
Have you wondered why the NAV of Mutual Funds starts with Rs.10 and why not with Rs.1 or Rs.100? When I searched for the same, interestingly there is no such SEBI regulation also that why a mutual fund must start with NAV of Rs.10.What is the meaning of Mutual Fund NAV? Before jumping into … [Read more...] about Why NAV of Mutual Funds starts with Rs.10 during NFO?
Cost of Inflation Index FY 2019-20 AY 2020-21 for Capital Gain
CBDT notified the Cost of Inflation Index FY 2019-20 AY 2020-21 for Capital Gain on 12th September 2019. You may be aware that the base year was changed from the earlier FY 1981-82 to FY 2001-02. Change in the Base year for Capital Gain Indexation In Budget 2017, the Government proposed to change … [Read more...] about Cost of Inflation Index FY 2019-20 AY 2020-21 for Capital Gain
How to Invest in Mutual Funds through WhatsApp?
Have you ever thought of investing is so easy? Now you can invest in Mutual Funds through WhatsApp. Few AMCs and CAMS recently started this feature.WhatsApp is a huge popular messenger tool for many of us to connect socially. Considering this as an opportunity to penetrate the mutual fund … [Read more...] about How to Invest in Mutual Funds through WhatsApp?