Fri, May 24, 2024
A fund may follow the Nifty or the BSE index. E.g. If it is a Nifty 50 index fund, it will invest in the same stocks in the same proportions as stocks in the Nifty 50 index. If some companies slip from the Nifty 50 and the new companies replace them, the fund manager also changes the combination of stocks in the fund he is running.
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Thu, Apr 18, 2024
Mutual fund investors invest through a systematic investment plan (SIP) or lump sum. Capital gains made in both ways are taxed as short-term and long-term capital gains. Short-term capital gains are taxed at a 15 per cent rate, while long-term capital gains are taxed at 10 per cent. One gets Rs 1 lakh tax relaxation on long-term capital gains. Beyond those gains, they have to pay a 10 per cent tax. Know more about such tax intricacies through expert calculations.
Wed, Jan 03, 2018
A small sum of Rs 1,000 can be converted into lakhs of rupees if invested in the right place at the right time. Here's how.
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