Business Today - MT More
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Mutual Fund
Sameer Bhardwaj
Here are some of the important details in the mutual fund statement that the investors should be aware of and need to check periodically to ensure a smooth interaction with the fund house.
  • A high-risk tax plan The Money Today-Plexus Management new fund evaluation examines the DBS Chola Tax Advantage Series I from the bouquet of DBS Chola Mutual Fund.
  • 'Telecom a good pick' Mahesh Patil, Co-head, Equity, Birla Sun Life AMC, tells us his investment mantra.
Tax
The short-term capital losses from equities and mutual funds can help you save taxes for up to eight years.
  • Slow but steady growth After retirement, aim to minimise the tax on withdrawals or on interest from investments and stick to the conservative tax-saving instruments.
  • Focus on safe returns Due to their irregular incomes and low risk appetites, the self-employed should invest in debt instruments like PPF and pension plans which also qualify for tax exemption.
  • Your house as a tax haven Whether you are a landlord or a tenant, the government is willing to give you income-tax breaks on your house.
  • Circumstantial planning A wedding, a career shift or an investment plan for your kids - each occasion throws up opportunities to derive tax benefits.
  • The cost of a legacy You can create an HUF to reduce your tax liability in case of inherited assets.
Portfolio Doctor
Kamya Jaiswal
Pune-based Dhembares have the resources to build a large portfolio, but they must not be complacent and should take calculated risks to accelerate wealth creation.
Books
Sushmita Choudhury
Cocktail economics, an approach devised in a bid to interest a bored batch of b-school students, aspires to reduce complex economic theories to common sense basics that can be applied to smart investing, writes Sushmita Choudhury.
  • Making money in a meltdown Change your investment strategy to counter the collapsing American economy, says Schiff. But don't follow this advice blindly, says Alam Srinivas.
Query Corner
Sandeep Kumar of Amritsar is bullish on stocks and feels the prices can't fall any lower. But he is surprised MONEY TODAY is advising investors to consider gilt and other debt funds. Here's why:
Editors Note
Alam Srinivas
With a host of new taxes, including expanding the scope of services tax, and removal of exemptions, it was people like you and I who ended up paying more.
Talk Back
Currently, all stock portfolios are in the red and this reduces the amount of loan one can get.
Upfront
If there is no insurance claim, many companies offer a bonus where the sum insured increases by 5% for each claim-free year.
E2E
Alam Srinivas
After honing his entrepreneurial skills at MNCs and free of regimented concepts, Ramesh Vangal set up the Katra Group, which is worth $500 million today.
Now and Then
Sixteen years ago, there were barely two or three fruit drink manufacturers in India. Today, there are more than a dozen brands vying for shelf space.
My Idea
Namrata Dadwal
The passion to succeed in a male-dominated profession led Taralika Lahiri, 48, to become a sleuth. The school teacher from Allahabad now runs the National Detectives and Corporate Consultants in Delhi.
Economy
Depression, recession, bear market... all have translated to job scares, a slowdown in demand and panic attacks. Here is a recap of the spillover effects of the ongoing economic imbroglio in the last fortnight, across the globe.

October 23, 2016

September 25, 2016

August 14, 2016

July 3, 2016

May 2016

June 5, 2016

March 2016

January 2016

April 24, 2016