STP explained - Part 9

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"Top 5 takeaways from BUDGET 2019" by FinVise India

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  Mutual fund investors may have been unpleasantly surprised by a recent tax change for non-equity funds. The Finance Bill amendment, effective as of April 1, 2023, states that all capital gains in non-equity funds, regardless of their length, will be taxed based on the investor's income tax rate. Previously, long-term capital gains in debt funds held for 36 months or longer were taxed at a rate of 20% after factoring in indexation benefits. However, starting on April 1, 2023, all capital gains in debt funds will be included in the investor's income and taxed at their marginal tax rate, which is determined by their income tax slab. The recent tax change by the Finance Minister has eliminated the long-term capital gains (LTCG) tax benefit for debt funds, making their taxation equivalent to that of bank fixed deposits and some government small savings schemes. With this change, some investors are questioning the value of investing in debt funds, as they no longer have a tax advan
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Minimum duration for which you should run your Mutual Fund SIP???

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Four Year SIPs don't disappoint, interesting facts about SIPs: # 3.67 Lakh SIP A/c running from 1992 to 2017 across 217 schemes. # SIP for just a year suffered losses in as many as 22.5% cases from the year 1992 to 2017 # 2 years SIP suffered losses in as many as 16.2% cases from the year 1992 to 2017 # 3 years SIP suffered losses in as many as 9.8% cases from the year 1992 to 2017 # 4 years SIP suffered losses in as many as 6% cases from the year 1992 to 2017 # Bear Markets in India have lasted for 12 - 24 months. # 5 Year SIP appeared ideal in terms of risk-reward ratio # Over the last 25 Years, a 5 years SIP has managed returns of 15% per annum. For more details on Mutual Funds, Financial Planning & Personal Finance contact us at : Phone No. 9582250638 Email id: contact@finviseindia.com Visit our website: www.finviseindia.com
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