Investing

  Skip to Main Content Home   Knowledge Center Why should Millennials look at ELSS? Why should Millennials look at ELSS? Millennials are a very important demographic segment in India, constituting nearly half of our workforce. Growing up in post liberalization lifestyle and spending habits of millennials are different compared to previous generations. The data from Registrars and Transfer agents (RTAs) show that around 47% of new mutual fund investors in FY 2018 -19 were millennials. One of the important financial goals for millennials is tax saving and Mutual Fund Equity Linked Savings Schemes (ELSS) can be one of the best tax saving investment options for millennials. Why is tax planning important for millennials? Most millennials are in the early stages of their careers., millennials can save up to Rs 46,800* in taxes every year by investing up to Rs 1.50 lakhs in specified schemes under Section 80C of the Income Tax Act 1961. This is a significant amount of savings in the ...

 NRI MUTUAL FUND INVESTMENTS - HOW CAN NRIS INVEST IN MUTUAL FUNDS? Career-oriented higher education, a well-paid job, and a social culture that accepts diversity are some reasons why Indians prefer to leave their home country to become NRIs (Non-Resident Indians). A report confirms that there are 1.3 crore NRIs and 3.2 crore OIs (Overseas Citizens of India). Unsurprisingly, most of them dream of staying connected to their home country. If you are also an NRI with dependents in India, do you want to build this connection through mutual fund investments? There is a common misconception that NRIs cannot invest in mutual funds in India, which is not valid. If this question has been bothering you, you need to know the truth to start making NRI mutual fund investments. CAN NRIS INVEST IN MUTUAL FUNDS IN INDIA? NRIs can invest in mutual fund schemes in India if they follow the rules defined under the Foreign Exchange Management Act (FEMA). You should also know that some Asset Management ...

 We all take inspiration from the past to shape our future. As we celebrate the 74th year of our country’s Independence, it gives us an opportunity to ponder over becoming financially free. But, what is financial freedom? Ask a college going student about financial freedom and chances are high that they would respond to that as earning on their own. But, someone with a home loan repayment for the next 15 years may tell you that when they are done with the debt, they are financially free. Financial freedom means different things to different people, but broadly it is to reach a stage in life when one finds self-created income streams to take care of their financial needs. This is achievable, but it requires a lot of hard work and planning to achieve your desired financial freedom. Working towards financial independence, like most financial goals starts when you set a date, when you wish to become financially free. Time was when people had a defined working career, when they retired,...

 Taxation for Portfolio Management Services (PMS) You are taxed as if you made the investments directly, on your own. Long-term capital gains tax (LTCG) of 10% applies to profits from listed stocks held for more than 12 months. Short-term capital gains tax (STCG) of 15% applies to profits from listed stocks held for less than 12 months. You must include these gains/losses in your tax return. Taxation for Mutual Funds (MF) You are taxed on the difference between the selling price and acquisition cost of the MF units, depending on the type of MF you invested in. LTCG tax of 10% applies to profits from MF units held for more than 12 months. STCG tax of 15% applies to profits from MF units held for less than 12 months. You pay tax when you sell your MF units, not when the MF itself makes a profit. Key difference: In PMS, you pay tax on profits from individual stocks. Every time your portfolio manager sells a stock at a price higher than the purchase price, a tax liability arises. In MF...

Buy The Dips Strategy "Buy the dips" means purchasing an asset after it has dropped in price. The belief here is that the new lower price represents a bargain as the "dip" is only a short-term blip and the asset, with time, is likely to bounce back and increase in value. KEY TAKEAWAYS Buying the dips refers to going long an asset or security after its price has experienced a short-term decline, in repeated fashion. Buying the dips can be profitable in long-term uptrends. Dip buying can lower one's average cost of owning a position, but the risk and reward of dip-buying should be constantly evaluated. Understanding Buy the Dips. " # BuyTheDips " is a common phrase investors and traders hear after an asset has declined in price in the short-term. After an asset's price drops from a higher level, some traders and investors view this as an advantageous time to buy or add to an existing position. The concept of buying dips is based on the theory ...

 Larsen & Toubro Ltd.  Construction • Infrastructure Market Capitalisation ₹4,06,609 Cr  12 Month Earnings ₹7,849 Cr Larsen & Toubro Ltd. Stock Perfoming t railing YTD 41.83%, 1yr 57.63%, 3 Years 46.74 Valuation  Stock: P/E 36.11, P/B 4.96,  Earnings Yield (%) 6.85,  PEG 4.42  Growth & Efficiency: TTM EBIT Growth (%) 2.79, TTM EPS YoY change (%) 12.16, Returns on Equity (%) 15.71 Financials  Revenue ₹1,95,370 Cr,  YoY: 6.56% Net Profit/Loss ₹13,448  Cr, YoY: 6.52% Net Worth ₹89,326 Cr,  Debt ₹1,18,513 Cr Free Cash Flow  ₹18,633 Cr, YoY: 16.07% CFO ₹22,777 Cr,  YoY: 18.86% Shareholding Pattern DIIs  37.38%,  FIIs  25.72%  Others  36.9% Liquidity High Key Facts Market cap ₹ 4,06,608.83 Cr Revenue (TTM) ₹ 1,10,500.98 Cr Earnings (TTM) ₹ 7,848.97 Cr Cash ₹ 24,793.93 Cr Total Debt ₹ 18,151.09 Cr 52 Week range week-range ₹ 1,891.55 - 3,114.95 Face value face-value ₹ 2.00 10 Years Aggregate: C...

 Reasons to start investing today If you didn’t start investing when you earned your first salary, the best time to start could be now. If you’re still unsure about the benefits of investment planning, here are four factors that might help change your mind. The earlier you start, the better the gains. Have you ever wished you’d picked up a particular hobby or language when you were younger and could master it easier? It’s the same with investment. If you don’t start your financial planning today, you’ll probably come to regret it in your 30s. Start early and give your investments time to grow - your future self will thank you. Make the most of compounding. By beginning your investment planning now, you can maximise the power of compounding - i.e., letting your money make more money for you! Say you invest Rs,10,000 at an interest rate of 10%. At the end of one year, you’d have earned about Rs. 1,000 on it and your total investment amount would then be worth Rs. 11,000. Even if you ...