@jatinderchd This sounds interesting! Really, there are so many ways to know the L&T Mutual fund NAV. I am also thinking to invest in mutual funds. So, gathering all the relevant info here and there. Is NAV or Net asset Value is the current value of a mutual fund unit? Is NAV of mutual fund calculated daily at the end of each market day?
Posts made by Anmol
RE: L&T Mutual Fund NAV - How to get the portfolio valuation and NAV regularly ?
RE: Stock Market Timings in India: Normal Trading Hours of Stock exchanges
@Ishu Very useful information for newbie traders. Before initiating trading one must know the basics of stock trading. So, learning about stock market timings is a good way to start.
RE: How to open PPF Account online in SBI?
@Harleen PPF is a popular long term investment option in India. Since it has a lot of tax benefits, it is the most common investing alternative. May it be salaried individual or business owners, I have seen people putting money in PPF account.
This is indeed a good choice for investing our money and getting fixed safe returns on it. I think the PPF interest rate is 8% p.a. which is good enough.
What is effect of Election on Stock Market in India? Real Impact
I was just reading about election news. A query came to my mind, does the election outcomes actually impact the stock markets? Or simply saying, do elections effect the stock market? Do equity market and election results have some co-relation? Can the sensex cross its earlier mark and set new records?
General elections occur every five years. And, elections in India are a big event for the Indian economy. So, is the election year different from other years as far as share market is concerned? How does politics affect the stock market?
It would be interesting to hear the views of our forum members on such a hot and trending topic. So, what are your views on the impact of elections on the Indian stock market? As an investor or trader, what precautions one needs to take during the election season? Feel free to share.
RE: What is full form of ELSS? Meaning
@Ishu Hi, thanks for sharing full form of ELSS i.e. Equity Linked Savings Scheme. ELSS used to be a good long term investment option in India. Is it still so?
The lock-in period is 3 years only. But, I think few things have changed .
The maximum tax deduction of 80C is Rs.1.5 lakhs only. So, if one invests in PPF, ELSS both the total amount that can be claimed including both these investment options can't exceed Rs.1.5 lakhs. This seems a bit less to me. If this limit is raised, we can save more taxes.
Moreover, the overall tax benefit on ELSS seems to have reduced since this is an equity linked saving scheme. With re-introduction of tax on equity, LTCG shall be applicable @10% on equity mutual funds above Rs.1 lakh that too without any indexation benefit. Hasn't this reduced the attractive tax benefit that ELSS gave earlier?
ELSS used to be a tax free investment previously, that was its biggest highlight. But, now it is not so.
Am I right in saying so? What do you think?
RE: Paytm First Credit Card India Review: Cashback & Offers
@Ishu Yes, I am also quite attracted towards this newly launched Paytm First Credit Card.
Just look, paytm is leaving no stone unturned to become a financial giant with the big range of products its already offering and ready to offer many more soon.
Further, this Paytm First Credit card is in tie-up with CitiGroup that has so many good credit cards for customers. Citibank credit cards are quite popular in India. And, this partnership with Paytm can be a game changer for both Paytm and Citi too.
I am going to try this out, only if I get the credit card approved Let me check my eligibility firstly. I heard they don't require having strong credit history. If that's true, it can surely be a good card for the first time applicants without any credit history.
RE: SIP vs PPF: Which is Better Long Term Investment Option? Comparison
I think PPF investment is best fit for safe investors in India. The ones who want fixed and risk free returns. You can contribute a fixed amount to PPF every year and build a good post retirement fund. Also, the tax exemptions on PPF make it the best choice amongst investors.
But, yes the benefits of investing through SIP in mutual funds can't be ignored too. In fact, SIP in mutual funds has got huge popularity in the recent years.
So, I think firstly invest in PPF then think of other long term investment options.
Fincare Small Finance Bank Wiki: How safe it is to invest?
Has anyone heard about Fincare small finance bank in India? I read about it and felt like knowing a bit more about small finance banks and their actual benefits. How safe is investing in such banks? Is it really " a new era in smart banking"? Or our normal banking system is better? @prateek @prateek049 @Tarun @Harleen @Ishu @brokerdude
No DP (Demat) Charges on Zerodha Coin redemption of Mutual Funds
Hi all, Zerodha has recently waived off DP charges on mutual fund redemption. Is anyone an active Zerodha Coin user? Did you get a mail confirming this fee waiver?
Henceforth, the DP charge of Rs.5.5 per mutual fund redemption is no longer applicable. This seems to be a great move in favour of Zerodha Coin users.
Isn't it a great initiative for the investors? I really liked their gesture. I mean Zerodha is ready with sweet surprises for its customers.
Earlier, Coin platform was made free by waiving off monthly subscription charges of Rs.50 and now this big move. Zerodha is all set to give a very tough competition to other stock brokers and mutual fund platforms as well.
Zerodha Smallcase: What's it & Has anyone tried Smallcases on Zerodha?
Zerodha Smallcase, a one of its kind thematic investing for stock market in India. Or I should say "Invest in diversified ideas" model. Do you know about Smallcases on Zerodha and its features? This was launched way back, but the idea of sharing it clicked me right now
Simply put, Smallcase is a basket of stocks reflecting a specific idea. Call it "a smartly weighted portfolio of stocks" that is based on an upcoming or trending market idea. e.g. rising rural demand, electric mobility or R & D spenders, etc.
There's also an "all weather investing" smallcase. Sounds really interesting! What do you think?
So, Zerodha Smallcase, is another unique way of investing your money through this leading stock broker in India.
Investing in a basket of stocks through Smallcase protects you against volatility of investing in a single stock. New and experienced investors can invest in this bucket of stocks and lessen the associated risk.
What is your take on it? Do you favour this kind of investing or not?