Hi, Thank you so much for the response for previous threads. As me and Mr.Thavva losing the track of main posts while answering the questions, we are opening a separate thread exclusively for the sake of questions on investments with Equity. This will help us to have all questions at one place and the main content in series at another place for better utilization, usage and understanding. Please cooperate and help ourselves for better investments. Happy Investing!!!
@lillipop, @navathaj23, @padmaja909, @shanvy, @rohsiK, @lavanyak1, @HakunaMatata, @predective, @upfsabari, @Grihani Hi all please continue your participation here with your MF related questions: Thanks
http://www.indusladies.com/forums/money-matters/275852-how-become-more-confident-female.html Answer for #10 @joylokhi: When there is tide going up all the boats raise, but the strength of any funds manager will be tested when it is going down. Last 3 years have a good run in market hence NFO might have done well. But we check the history of all the NFO the success rate is not even 5%. Please find a good diversified equity fund with history above 5 years and go long!!!! Proven theory for success numerous number of times. Happy Investing!!!!! Thanks Thavva
@lillipop Comments from the investors like you making us to spend lot of time and it gives immense satisfaction when true efforts are acknowledged. If it is helping someone we both are glad to spend time. Let us invest long for our better financial strength. Happy Investing!!!! Thanks Thavva
Hi @rachaputi, Thanks for your time and effort for help others. I have some doubts in MF. I'm already invested in 2 funds. While we do redemption some amount from funds, they used to charge some amount from our money. How much is redemption charge for MF, is it a standard percentage or it will change based on fund or growth of the fund?
@HakunaMatata Mutual funds of 2 types, Equity and debt mutual funds. Equity Mutual Funds: · Short Tem: If the investments are less than one year, you need to pay Short Term Capital Gain(STCG) and it is 15% on returns. · Long term: If the investments are more than one year the returns are completely tax free. Debt Mutual Funds: · Short Tem: If the investments are less than 3 years you need to pay as per your tax bracket. · Long term: If the investments are more than 3 years, it is the 20% with indexation(meaning 20%-inflation of that year). So, you need to first know which type of fund you are holding and how long you invested to know the tax implications. Let me know if you have further questions and I am glad to reply back. Thanks Thavva.
@rachaputi mr.thavva can you please tell how can we know which are equity funds and which are debt related? And I have read in paper that these days market is not stable, so is it advisable to invest now?
@rachaputi/Mr.thavva sir, We have few loans, personal and housing, which i want to disburse as soon as possible. can you please give some tips and guide me?
@rachaputi, Never saw such an informative discussion/thread. Would like to know how FMPs work? are they preferable? Thanks in advance.