Money Saver India

mutual funds

Case Closed: Closed-ended funds are costly and risky

Case Closed: Closed-ended funds are costly and risky

Agents claim closed-ended mutual funds save investors from themselves, but the upfront commissions they earn on them are three times the usual amount. [...]

January 27, 2015 Team MSI FINANCE, MSI NOW 0

Hold shares, MFs longer to escape the tax net: DTC

Hold shares, MFs longer to escape the tax net: DTC

Revision in Direct Tax Code draft, if implemented, would impact you as the definition of long-term with respect to capital gains as well as that of wealth tax have been altered. [...]

April 4, 2014 Team MSI FINANCE, MSI NOW 0

The cost of early withdrawal

The cost of early withdrawal

There’s a cost to withdrawing your money prematurely. This price is clear with some investments, but not with all of them. Here’s how it works with the main investment groups. [...]

January 3, 2014 Team MSI FINANCE 0

Closed-ended MF schemes are too risky

Closed-ended MF schemes are too risky

Mutual funds say they exist so investors are forced to be disciplined, but they are much riskier than open-ended schemes. For experienced investors only. [...]

November 29, 2013 Team MSI FINANCE 0

Looking for regular income? Avoid MIPs

Looking for regular income? Avoid MIPs

Agents take the liberty of calling Monthly Income Plans stable schemes, but their mix of debt and equity, particularly now, make them a poor option if you’re looking for assured income. [...]

November 26, 2013 Team MSI FINANCE, MSI NOW 0

5 reasons to question finance agents

5 reasons to question finance agents

Your agent could present himself as an advisor, but you should always remember that he works for a commission. Always double-check his actions to ensure you’re not being swindled. [...]

November 22, 2013 Team MSI FINANCE 0

Tax implications of mutual funds

Tax implications of mutual funds

Investing in mutual funds for the short- and long-term, in both debt and equity mutual funds, have different tax implications. A mistake could seriously impact returns. A complete guide. [...]

October 18, 2013 Team MSI FINANCE 0

Now, ignore the dividend option

Now, ignore the dividend option

With dividend distribution tax up to 25% starting June 2013, it makes sense to abandon the dividend option, in favour of the growth option coupled with systematic withdrawal plan. [...]

June 17, 2013 Team MSI FINANCE, MSI NOW 0

‘Switching to direct plans was easy’

‘Switching to direct plans was easy’

Financial analyst Aasim Bharde expects to save a bundle from investing in mutual funds without an agent. Savings will be gradual, but he expects a huge difference over the long term. [...]

May 21, 2013 Team MSI FINANCE Comments Off on ‘Switching to direct plans was easy’

Why Ulips don’t deliver as advertised

Why Ulips don’t deliver as advertised

Service tax, mortality charges, commissions are often left out of the benefit illustrations in brochures to inflate returns [...]

September 2, 2012 Team MSI FINANCE 0