Mutual funds & ETFs
A short note about our recent call
Our recent call has been in the limelight. Here is a short note about such calls.
Srikanth Meenakshi
June 25, 2024
30 Comments
PrimeInvestor - Articles and Reports
Investment basics
Understanding Mutual Fund Taxation
When we invest in mutual funds, the profits we make are subject to taxes. The good news though is that, in many cases, this taxation is somewhat better (lower) than the regular income tax that we pay. The basic reason for this is that the government considers these profits as a different form of inflows/income compared to regular salary or interest incomes.
Understanding the impact of taxation is important – obviously, since our real returns from a mutual fund investment is what we get after tax. But, more importantly, understanding taxation will help us design our portfolio in a manner that could potentially reduce our tax burden and increase our ‘post-tax’ returns.
In this article, we will take a look at how such profits are considered, how taxation differs across mutual fund categories, what the actual tax rates are, and such other topics. This article, as in other articles in this series, has been written assuming very little prerequisite knowledge from the reader.
Srikanth Meenakshi
May 4, 2023
22 Comments
Why invest in Mutual funds
When we decide to do something in our life, there could be many reasons that guided our decision. But more often than not, there is
Srikanth Meenakshi
June 10, 2022
No Comments
Mutual Funds – A Primer
In this article, my endeavour is to talk about mutual funds from a practical point of view. Wherever possible, I have used examples and illustrations from real life to explain the ideas that I tried to communicate.
Srikanth Meenakshi
June 10, 2022
No Comments
General
PrimeInvestor smallcase portfolios
We have just launched two portfolios on the smallcase platform – an active-investing stock portfolio with a unique, growth-oriented theme, and a passive-investing portfolio but one that is dynamically managed by us.
Srikanth Meenakshi
February 10, 2022
26 Comments
Short Takes
30% Crypto tax
The 30% Crypto tax is the Indian government at its passive aggressive best (or worst, depending on your view point). The text of this tax law coupled with what the finance minister said in the post-budget interview leads me to think that the government holds the crypto ecosystem in absolute disdain.
Srikanth Meenakshi
February 2, 2022
1 Comment
General
Book review – ‘Money Wise’ by Deepak Shenoy
Pre-ordering a book before publication is like buying units of an NFO. You are committing money before you know what you are going to get. But in the case of ‘Money Wise’ by Deepak Shenoy, I knew it was a sure bet. Having known the author and reading his works for several years, I had a pretty good idea about what I would receive, and hence as soon as the book was announced, I jumped on it with an instant order.
Srikanth Meenakshi
November 30, 2021
2 Comments
General
Four books
None of these four books are particularly ‘PrimeInvestor’ topic – relating to personal finance or FinTech. Nevertheless, I thought I’ll share my thoughts on these books – 4 of them – in a brief note. Some of these books are quite popular, and all of them are worth your time, if the topic interests you.
Srikanth Meenakshi
September 28, 2021
No Comments
General
CRED launches CRED Mint
Cred Mint, as noted earlier, is a peer-to-peer lending platform. What this means is, simply put, people lending to each other by using an intermediary service. By using Cred Mint, a customer can either borrow or lend to other Cred customers at “attractive” rates. For lenders, Cred is promising interest rates “up to 9%”, which is significantly higher than bank FD rates today.
Srikanth Meenakshi
August 21, 2021
6 Comments
General
Why you should speculate in the market (and how to)
Speculation must be like seasoning on a dish – a little bit goes a long way, and the sure fire way to ruin the taste for it, is to overdo it. What is speculation? Before I defend my opinion, let me clarify what I mean by speculation. To me, speculating on investments should be a combination of these things: It should be short-term oriented. By short-term I mean, anything where you can see the results within 6 months. Investing in a micro-cap fund as part of your MF portfolio is not speculative in my mind. But betting on a stock to go up (or down) in a time-frame of 3-6 months would be speculative.
Srikanth Meenakshi
August 3, 2021
9 Comments
General
Richer, Wiser, Happier – Ideas to emulate
There are few things that are so beguilingly simple yet devilishly complicated as investing in the stock market. There are but a few hundred stocks
Srikanth Meenakshi
June 22, 2021
11 Comments
Short Takes
Frivolous features
You can tell when a platform marketplace is getting too crowded when useless, misleading ‘features’ get added on to the software in the quest for ‘differentiation’. I ran into a prime example of just such a thing when someone sent me a screenshot of a page from the Paytm Money app.
Srikanth Meenakshi
June 10, 2021
4 Comments
