How can a 400% profit result only in 8% return?! Hodling to the moon Risk!

Although many equity investors like to think that they are saner than crypto-investors, the truth is that there is not much difference in their investment “strategies” (if we can call it that). I am referring to “Hodl to the moon” which for equity investors roughly translates as “don’t sell in fear, equity will be profitable over…

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Fee-only Advisor Journey: Sukhvinder Sidhu’s unwavering principles

SEBI registered investment advisor Sukhvinder Sidhu shares his journey: from bank branch manager to following his passion and his struggle in establishing himself as a fee-only financial planner. Sukhvinder is a man of unwavering principles who strongly believe in unbiased, affordable and commission-free financial planning advice to families. In spite of his early difficulties and in…

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Fee-only Advisor Journey: Melvin Joseph’s determined struggle to the top

Melvin Joseph one of India’s first SEBI registered Investment advisor with no direct or indirect ties with product commissions shares his journey: from struggling to find clients to becoming one of the most enterprising, successful, yet ethical and affordable fee-only financial planners in India and dare I say, the world. While I was trying to…

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How tax (DDT) affects mutual fund dividends and lowers return (examples)

We are aware that debt mutual funds are subject to a dividend distribution tax (DDT). From April 1st 2018, equity mutual funds will also be subject to DDT. Here some examples as to how DDT affects mutual fund dividends and lowers returns.  This post is in response to Ankit Jain’s comment in Equity Mutual Fund Dividends are…

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Equity Mutual Fund Dividends are taxed 12.942% (not 10%): Here is how to avoid this

Budget 2018 has proposed that equity-oriented mutual funds be subject to a 10% dividend distribution tax (DDT) to ensure parity with the 10% LTCG tax on growth equity mutual funds.  If you include the surcharge and cess, the rate of dividend tax is 11.648% and if you add the effect of “grossing up”, the full tax…

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Budget 2018: Eight important but lesser known proposals + FAQ

Here are eight lesser-known, but important budget 2018 proposals. I have now updated the three budget articles posted yesterday. Please do have a look: UPDATE: Equity LTCG Taxation: How much tax do I need to pay? Illustration part 1 Long-Term Capital Gains Taxation from Equity: Examples (Budget 2018-2019) Budget 2018-2019: Long-Term Capital Gains from Equity to…

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