M. Pattabiraman's Blog, page 120

Taxation of international mutual funds explained with an example

This article explains how international mutual funds are taxed with an example. All mutual funds not holding a minimum of 65% of Indian stocks or Indian stock-based ETFs are known as “non-equity” mutual funds by the income tax department. They are taxed at a rate of 20% with indexation. In the case of non-equity mutual...

The post Taxation of international mutual funds explained with an example appeared first on freefincal.

Select the right health insurance policy with these free resources

Here are five free resources (two ebooks, two webinars and a policy comparison spreadsheet) to help you choose a suitable health insurance policy. 1. Ebook on Health Insurance by Venkatesh Jayaraman. Author Bio: I was brought up in Chennai and moved around Bengaluru, Chennai, Mysuru and Pune to cater for my career requirements. But primarily...

The post Select the right health insurance policy with these free resources appeared first on freefincal.

Why you should avoid these mutual fund categories!

The Mutual Fund space in India is reasonably large and growing. At the time of writing, there are 52 Asset Management Companies (AMCs) offering more than 1,000 – and counting – schemes. The choice can be overwhelming at times.  There are literally thousands of places that list the ‘best funds’ to invest in.  This article...

The post Why you should avoid these mutual fund categories! appeared first on freefincal.

I just finished college, how do I start investing?

A young reader writes, “I am a recent graduate, who used to dump his money all on a Nifty fund I picked at random. But with your videos and articles, I now have an idea about choosing funds. But I still am confused about asset allocation. Other than an Index fund, I have no idea...

The post I just finished college, how do I start investing? appeared first on freefincal.

Debt mutual fund screener (Aug 2022) for selection, tracking, learning

This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking and PSU funds etc. The credit quality of the bonds in the portfolio and the bond maturity profile...

The post Debt mutual fund screener (Aug 2022) for selection, tracking, learning appeared first on freefincal.

Sensex ETFs vs Nifty ETFs – Which is better for investing?

A reader asks, “Sir, can we use Sensex or Nifty ETFs for long term goals instead of index funds? If so, which is better, Sensex or Nifty ETFs?” We recommend not using any ETF for investing because of possible price-NAV swings during times of crisis and their persistence for weeks. This can happen in any ETF...

The post Sensex ETFs vs Nifty ETFs – Which is better for investing? appeared first on freefincal.

Can we achieve financial independence in 13 years starting from scratch?

A reader asks, “Sir, My wife and I are both working in the same company and do wish to have children. We are both aged 27. We have just started working in well-paid jobs, so our networth is essentially zero. Our dream is to put an end to salaried existence in at least 13 years’...

The post Can we achieve financial independence in 13 years starting from scratch? appeared first on freefincal.

Index fund tracking error screener August 2022

This is an index fund screener based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help a user evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is quite different from...

The post Index fund tracking error screener August 2022 appeared first on freefincal.

Fourteen Years of Mutual Fund Investing: My Journey and lessons learned

On 19th June 2008, I started investing in mutual funds. These 14 years have changed my view of risk and day-to-day money management. This is my story and the lessons I have learned. The broad trajectory should be well known to regular/old readers. This is an account of how I went from spendthrift to debt-bearer...

The post Fourteen Years of Mutual Fund Investing: My Journey and lessons learned appeared first on freefincal.

Will PPF and SSY eligibility also be modified like Atal Pension Yojana to exclude income-tax payers?

On the 10th of August 2022, the Ministry of Finance announced, ” any citizen who is or has been an income-tax payer, shall not be eligible to join APY from 1st October 2022″. Further, “In case a subscriber, who joined on or after 1st October 2022, is subsequently found to have been an income-tax payer...

The post Will PPF and SSY eligibility also be modified like Atal Pension Yojana to exclude income-tax payers? appeared first on freefincal.