BasuNivesh » Mutual Fund
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BasuNivesh is an initiative started with the aim of educating each individual in dealing their financial life, making aware about miss-selling which may come into your life at any time through any means.
BasuNivesh » Mutual Fund
2y ago
After the Budget 2022, what is the Mutual Fund Taxation FY 2022-23 / AY 2023-24? What is the new Dividend Distribution Tax on Mutual Funds and whether there is a TDS if we invest in Mutual Funds? Refer to the Budget 2022 related post at “Latest Income Tax Slab Rates for FY 2022-23 / AY ..read more
BasuNivesh » Mutual Fund
2y ago
Suspension of Lump Sum investment in Parag Parikh Flexi Cap Fund surprised many investors. Parag Parikh Flexi Cap Fund yesterday announced the suspension of lump-sum investment. Because of this, many investors have doubts of what are the reasons and whether they should continue or not. Hence, thought to clarify through this post. You can see ..read more
BasuNivesh » Mutual Fund
2y ago
Those who wish to construct the portfolio based on the Index have always been in the dilemma of which is the best in Nifty Next 50 Vs Nifty Midcap 150 Index. Even I always recommend skipping Nifty Midcap 150 and sticking to Nifty Next 50 Index. However, let us see what the past data indicates ..read more
BasuNivesh » Mutual Fund
2y ago
Digital payments platform Paytm made history by launching India’s biggest ever initial public offer (IPO) worth Rs 18,300 crore. Under the anchor investors quota, few mutual funds especially large-cap mutual funds invested in this IPO. The question is why large cap mutual funds invested in Paytm IPO? Today morning when I tweeted about this, as ..read more
BasuNivesh » Mutual Fund
2y ago
Axis Nifty 50 Index Fund NFO is available for subscription from 15th November 2021 to 29th November 2021. Whether you be part of this fund by investing in NFO or should you wait and watch? Now the trend of Index Funds is picking slowly in India, many AMCs lined up to launch various categories of ..read more
BasuNivesh » Mutual Fund
2y ago
Which is the Best SIP Date for Mutual Fund Investment? Nowadays Mutual Fund Companies offer us various dates to do monthly investment in Mutual Funds. Hence, many get confused in choosing the right date for their investment. In this post let us try to find which is the best SIP date. Few try to choose ..read more
BasuNivesh » Mutual Fund
2y ago
Many of us are in search of Top 10 Diwali 2021 (Samvat 2078) Mutual Funds / Stock picks. It is a festival season and especially the Diwali festival. For around a week from today, TV Media, Print Media, and Social Media turn abuzz with Diwali 2021 (Samvat 2078) stocks and Mutual Fund picks. Whether choosing ..read more
BasuNivesh » Mutual Fund
2y ago
Among Best Market Timer Vs Worst Market Timer Vs SIP Investor of Nifty Index, who is the WINNER? We all wish to invest only when the market is low and we all wish to withdraw only when the market is high. However, timing the market is impossible even for the GOD also. But still, as ..read more
BasuNivesh » Mutual Fund
3y ago
Navi Nifty 50 Index Fund is the cheapest Index Fund in India launching on 3rd July 2021 by Flipkart co-founder Sachin Bansal’s Navi Mutual Fund with the total expense ratio (TER) of 0.06% in its direct plans. Should you concentrate on the cost and invest?
When we choose the Index Funds, the first important criteria we look for is the cost of the Index Funds. I think by concentrating on this, Navi Mutual Fund launching the cheapest index fund in India with a total expense ratio (TER) of 0.06% in its direct plans.
Navi Nifty 50 Index Fund – Beware of cheapest Index Fund!!
In one way I ..read more
BasuNivesh » Mutual Fund
4y ago
After the recent noise of Budget 2021, what is the actual Mutual Fund Taxation FY 2021-22 / AY 2022-23? What is the new Dividend Distribution Tax on Mutual Funds and Whether there is a TDS if we invest in Mutual Funds?
3 Factors that determine the Mutual Fund Taxation
First, let us understand what are the factors that determine the Mutual Fund Taxation. The three major parts of these are below.
# Your Residential Status-Resident or Non-Resident (NRI)
Your tax will be based on your residential status. If you are resident then the taxation rules will be different and if NRI then it differs ..read more