M. Pattabiraman's Blog, page 284

Fee-only Advisor Journey: Melvin Joseph’s determined struggle to the top

Melvin Joseph one of India’s first SEBI registered Investment advisor with no direct or indirect ties with product commissions shares his journey: from struggling to find clients to becoming...

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Should I expect lower returns from equity in future?

The re-introduction of equity LTCG tax offers not only a chance to clean up our portfolios, but also recognise an important fact: returns from equity may gradually decrease in the next decade or so....

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What if I cannot invest enough for my financial goals?!

A financial goal planner is as much a curse as it is a blessing! A goal planner is the simplest way to recognise the impact of inflation for long-term goals and the need to combat it with a...

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How tax (DDT) affects mutual fund dividends and lowers return (examples)

We are aware that debt mutual funds are subject to a dividend distribution tax (DDT). From April 1st 2018, equity mutual funds will also be subject to DDT. Here some examples as to how DDT affects...

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Clean up your mutual fund portfolio before March 31st 2018!

Every dark cloud has a silver lining. The Equity LTCG tax and the dividend distribution tax on equity mutual funds from April 1st, 2018 is the perfect stimulus to clean up our mutual fund portfolios....

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All “You can be Rich Too” Calculators are now available on Google Play!

You can be rich too with goal-based investing is a book written by PV Subramanyam (subramoney.com) and myself. The book comes with nine online calculators. We are pleased to announce that these...

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Worried about 2% single day fall in indices? Be ready for more or leave!

On Feb 2nd the day after the budget, the Sensex fell by about 2%. If you this is a “big fall” or if you are worried, you only have two choices: get used to it and be ready for more or...

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Equity Mutual Fund Dividends are taxed 12.942% (not 10%): Here is how to avoid this

Budget 2018 has proposed that equity-oriented mutual funds be subject to a 10% dividend distribution tax (DDT) to ensure parity with the 10% LTCG tax on growth equity mutual funds.  If you include...

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Why Equity LTCG Tax is not double taxation!

I am surprised at how many people assume that the 10% Equity LTCG tax introduced in Budget 2018 also applies to mutual funds. That is, they think that the Equity LTCG tax is a form of double taxation...

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Should I book profits each year to lower Equity LTCG Tax?

Readers may recall that I have been covering equity LTCG tax in a series of posts. First, the implications, followed by simple examples on how to calculate LTCG tax after accounting for the...

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