SYNOPSISHolding period for LTCG eligibility is one year for bonds and three years for bond funds. We have discussed previously, the rules of taxation for bond and bond mutual funds….
Date Archives January 2023
Your Money: Union Budget Is Not A Portfolio Shuffling Game
Watch out for any tax changes that may affect your net returns. There are certain things that are portrayed as, and perceived as, different from what it stands for. The…
TCUpdate: TrainingCentral’s New Course On Go-Sell Mortgage
To Schedule a demo Contact Us https://trainingcentral.co.in/contact/ Visit Us at https://trainingcentral.co.in/ TrainingCentral (TC)’s Learning Essentials Catalogues are an effective way to increase skill and awareness in a large workforce…
Budget 2023: Will FM Nirmala Sitharaman Allow Mutual Funds To Manage Insurance Money?
There’s merit in this Budget 2023 proposal, argues the writer. That’s because MF AMCs have the set-up and skill-sets in place, besides a plethora of options in terms of fund…
How Similar Are Target Maturity Funds to Term Deposits
SYNOPSISIt’s not an apples-to-apples comparison but there are extensive similarities between banking deposits and target maturity funds (TMFs). The quantum of banking deposits was ₹175 trillion as on 2 December 2022….
Target Maturity Funds: Things To Keep In Mind Before Recommending
TMFs are relatively safer and offer visibility of returns. Target maturity funds or TMFs have a defined maturity date, arguably good portfolio credit quality and they come with a range…
How Safe Is Your Bank? Remember, Mental Peace Is Important
Although considered to be generally safe, many banks have frozen depositors’ money because of weak financials. Private sector and cooperative banks are considered more vulnerable, but even IDBI was headed…
Clarity On Building Your Financial Plan
Setting financial goals, fixing timelines and choosing investments need to be well thought out, with as much time spent on them as required; investing is as important as earning money….
New Year Special: ‘2023 Will Be Much Better For Debt Mutual Funds’
SynopsisIn 2023, debt mutual fund products will be competitive with bank term deposits. If you have a horizon of 3 years and longer, you will have tax efficiency as well,…
How To Ensure Regular Cash Flow?
You have worked hard throughout your life to save for your retirement years. You have your savings and investments in place—some bank deposits, a few equity stocks, mutual funds, and…