M. Pattabiraman's Blog, page 57

Which mutual funds are still taxed at 20% with indexation benefits?

A reader says, ” Can you please let me know funds with indexation benefits apart from Parag Parikh Dynamic asset allocation fund and  Edelweiss Multi Asset Allocation Fund excluding EquitySavings and Arbitrage?” A discussion. Let us begin with some context. Note: Tax rules change often. The rules mentioned here are valid as of April 2024...

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Let’s Get Rich with Pattu Podcast Launched in Tamil!

Last Updated on April 14, 2024 at 2:53 pm On Tamil New Year’s Day, we (freefincal and OfSpin Media Friends) are happy to launch the Tamil edition of the Let’s Get Rich With Pattu Podcast. Renowned podcaster and narrator Deepika Arun joins us as host. You can explore more of her work here: kadhaiosai.com and...

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ETF or Index Fund? Look beyond low expenses and tracking errors!

Many investors assume that the lower the passive fund fee or tracking error, the higher the return. This is not always true. We dispel these notions using material for a talk we are preparing for. 1. ETF tracking errors published are non-representative.  All tracking errors are highly non-intuitive and hard for normal investors to appreciate....

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The truth about active large cap mutual fund performance

Recently, there was some buzz on social media and a few articles about how large cap mutual funds have made a “comeback”. In this article, we discuss the performance consistency of these funds using the freefincal equity mutual fund outperformance screener (published monthly). Disclaimer: Fund performance reports present return and risk analysis of a fund with...

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ETF tracking error screener April 2024

This ETF screener is based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how efficiently an ETF has tracked its underlying benchmark. 70-plus ETFs are now covered. The tracking error is the ETF’s standard deviation minus index monthly return differences. The lower the tracking error, the...

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You won’t be able to buy MFs from a new AMC if your KYC status is not validated!

SEBI registered fee-only advisor Abhishek Kumar explains why we must check our KYC status and when it must be re-validated. About the author: Abhishek is part of a freefincal’s curated list of fee-only financial advisors and a fee-only India member. His journey has been published earlier: Fee-only Advisor Abhishek Kumar’s tap dancing to financial freedom. Most...

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Equity Mutual Fund Screener April 2024: Shortlist consistent performers

The latest freefincal Equity Mutual Fund Performance Screener is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds with a higher return than a benchmark at a lower risk. Inside, you get discounted links to our robo advisory tool...

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Should I pay tax as per slab if my fund’s equity holdings drop to 35% for one month?

A reader asks, “Consider a mutual fund that is expected to hold more than 35% equity. If the monthly fact sheet of the fund reports an equity allocation of 35% or lower for one month alone, should I pay tax as per slab if I redeem that financial year?” Background: The govt has amended the...

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Can I continue investing in Parag Parikh Flexi Cap Fund plus UTI Nifty 50 Index fund?

I recently pointed out in a video that combining active and passive investing represents a lack of conviction and is a scattergun approach. I cited the example of holding the Parag Parikh Flexi Cap fund + Nifty/Sensex Index fund. A reader holding Parag Parikh Flexi Cap Fund plus UTI Nifty 50 Index fund wrote in...

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Nifty vs Nifty Next 50 vs Nifty Midcap 150 vs Nifty Smallcap 250: Return Comparison April 2024

We compare the rolling returns of Nifty 50, Nifty Next 50, Nifty Midcap 150 and Nifty Smallcap 250. We publish this comparison from time to time. This is the April 2024 edition. Returns for a financial instrument that fluctuates can be calculated in two ways: Point-to-point returns: The effective annual compounded growth rate (CAGR) is...

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