A few days ago, Suhas made an interesting observation in the Facebook group, Asan Ideas for Wealth: “I noticed that if we carried forward LTCL (long term capital loss) from previous years then that 1L exemption is not applicable”. Why is this so? Is this an error? Let us find out. This article was made…
Continue reading →A reader wants to know if he can now rebalance his portfolio by shifting funds from fixed income to equity since the market is down. A discussion. Yes, we think this market “correction” is a great opportunity to rebalance our portfolios and increase equity exposure. However, this opportunity is only applicable to certain investors. Many…
Continue reading →The income tax department requires that we pay the tax due on our income before specific dates during the financial year. This is known as advance tax. Usually, employers take care of this requirement for the salaried individuals via tax deducted at the source each month. In this article, we discuss how others (professionals, freelancers…
Continue reading →SEBI registered fee-only investment advisor Sriram Jayaram discusses how senior citizens should manage their money holistically in 2022. About the author: Sriram Jayaraman is a SEBI registered fee-only Investment adviser. After 27 years of working in large IT companies in India, he achieved financial independence and retired early to become a fee-only advisor. You can contact…
Continue reading →A reader writes,” Sir, I read your 2021 personal finance audit, where it says, I have been investing for my son’s future since Dec 2009 (a month before he was born). Then it was an 18-year-old goal, and now it has become a 6-year-old goal. Last year I reduced the equity allocation from 67% to…
Continue reading →Each month, we publish a list of stocks with low volatility and momentum. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low…
Continue reading →A reader writes, “Dear Sir, I read two articles that you had rebalanced your long-term portfolios twice last year (April and Sep 2021). I was in two minds after reading this. Should I rebalance now and book some profits into fixed income or should I wait a bit more? I decided not to rebalance because…
Continue reading →We had recently discussed how to enter STCG and LTCG from equity shares and mutual funds in ITR2 or ITR3. We now follow this up with a guide to enter capital gains from the sale of property in ITR2 or ITR3. Do check out our earlier articles on tax filing: How to enter mutual fund…
Continue reading →A reader asks, “Can you please write an article on when an investor should capital gains tax after redeeming from mutual funds or shares? That is, which time of the financial year. Should I pay the tax immediately or can I pay in March of each financial year?” The short answer to this question is…
Continue reading →A few days ago Sensex and Nifty experienced their first negative yearly return. Many new equity mutual fund investors are worried and wonder what to do. The standard answer to this in social media is, “be patient and wait. This is how the stock market behaves. It will all work out in the end”. Sadly,…
Continue reading →A viewer on our YouTube channel asks, “I have a net taxable income of around 4.8L( excluding LTGC, after all the deductions) and LTGC( from Equity MF ) of 37k. So the problem I am facing is that whenever I am putting the LTGC amount in 112A then it is added back to my net…
Continue reading →These are the freefincal handpicked list of mutual funds for July-Sept 2022. New and old investors can use it according to their specific needs. The list is called “PlumbLine” and has been published Sep 2017 for beginners to accompany the freefincal robo advisory tool. Most important! Plumbline is a mix of my opinions + skin…
Continue reading →A reader asks, “Sir, I love travelling and would like to go abroad on holiday once in two years. How do I plan for this without affecting my other long-term investments? When we went this summer it was a disaster as I had to stop investing for my retirement for five months. I don’t want…
Continue reading →This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. Before we begin, investors need to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of financial independence and ensuring my son’s future…
Continue reading →A reader asks, “I understood the importance of asset allocation/annual rebalancing exercise from your old article. I see the below text by one of the leading BAFs (see link below) – When investors manually move their money between equity and debt, they could be subjected to taxes on the capital gains made in the short…
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