Mutual Fund Advisor

  Asset Class Holding Period Type of Gain Tax Rate Set Off of Losses Equity ( Stock, Mutual Funds etc) >1 Year Long Term Capital Gain ( LTCG) 10% on Gain > 1 Lac.   No idexation benefit LTCG can set off against LTCG only.   Carryforward possible up to 8 years <1Year Short Term Capital Gain ( STCG) 15% on Gain STCG can be set off against STCG and LTCG.   Carryforward possible up to 8 years           Non Equity ( Debt Funds, Gold MF, Hybrid Debt Fund etc) >3Years Long Term Capital Gain ( LTCG) 20% on Gain with indexation Benefit LTCG can set off against LTCG only.   Carryforward possible up to 8 years <3Years Short Term Capital Gain ( STCG) ...

      Equity Fixed Income •       Blue-chip Companies •       Mid-sized companies •       Small-sized companies •       Unlisted Companies •       Foreign Stocks •       Equity Mutual Funds •       Exchange Traded Funds •       Index Funds •       Fixed deposit with a bank •       Recurring deposit with a bank •       Endowment Policies •       Money back Policies •       Public Provident Fund •       Sukanya Zamudio Yojana (SSY) •       Senior Citizens’ Savings Scheme (SCSS) •   ...

  1. 1% return per day for a year (365 days) will generate NOT 365% returns but a whopping "3600%" returns.   2. If a Stock gives 100% return every year for 5 continous years, then the total return is NOT 500% but instead, it is a whopping "3200%".   Explanation: 100% increase every year means doubling every year. So, in 5 years, it will become 2^5=32 times initial Investment.   3. If you invest Rs. 10L (only one time) for 50 years at a rate of return of say 14%, it doubles every 5 years, so, in 50 years there are 50/5 = 10 time period. So, Rs. 10L will become 2^10 = 1024 times ie Rs. 102 Cr.   4. Reverse case/mirror image of Compounding is "Inflation". It destroys your wealth "exponentially".   5. Example of Inflation or Money Devaluation:-   If you have Rs. 100 and Potato Price is Rs. 4/Kg today, you can buy 25 Kg of Potato for Rs. 100.   Next year, Potato price becomes Rs. 5/Kg. Thus the same Rs. 100 is able to buy ...

  About NRE, NRO & FCNR Accounts in nutshell: NRE ACCOUNT: Account Currency -> INR ( Not possible to keep in other currencies) Amount is 100% Repatriable Interest earned is 100% tax free FD can be for 1 Year to 10 Years SBI interest rate for NRE FD -> 1 Year to 2 Years  5.1%                                                        2 Year tp 3 Years-> 5.2% You can not put capital gain out of sale from your Indian assets in NRE account Permissible Credits: • Remittance from outside India • Maturity proceeds of Investments ( Only if done on NRE basis) • Current Income in Inda ( with CA Certificate and some forms also need to be filled) NRO ACCOUNT:   After becoming NRI ( as per IT Act and FEMA) all existing accounts need to be converted as NRO Account  It is generally run as a savings account Account Currency -> Only...

 I am Anand T V.  I am an NISM/AMFI Registered Advisor. My focus is on Investments thru various Mutual Fund Products for Wealth Creation, Retirement Planning, SIPs etc. Best Regards, Anand T V ☎ ️ +91-9082197152  🏆 NISM Certified/Registered 🏆 AMFI/CAMS Certified/Registered