How to get maturity amount of 54EC IRFC Capital Gain Bonds?
At maturity, the maturity amount of 54EC IRFC Capital Gain Bonds can be obtained by following these steps: 1. Ensure that your contact details and also bank account information are up to date with the issuer or registrar of the bond. 2. On the maturity date, the issuer will initiate the repayment process as well […]
How to get maturity amount of 54EC PFC Capital Gain Bonds?
At maturity, the maturity amount of 54EC PFC Capital Gain Bonds can be obtained by following these steps: 1. Ensure that your contact details and also bank account information are up to date with the issuer or registrar of the bond. 2. On the maturity date, the issuer will initiate the repayment process as well […]
The Power of Tax Deferment: Let Your Money Grow, Not Your Tax Burden!
The Power of Tax Deferment: Let Your Money Grow, Not Your Tax Burden! When you invest, how your gains are taxed can make a huge difference to your final wealth. Two common types of investments behave very differently when it comes to taxation: Understanding the Tax Difference: 🔹 Taxed on Withdrawal Investments (e.g., certain mutual […]
The Basic Monthly Budget Planner (spending planer) – Expenses Tracker Worksheets Everyone Should Have…
A personal or household budget is an itemised list of expected income and expenses that helps you plan how you’ll spend or save your money as well as track your actual spending habits. Tracking your expenses might be challenging, especially if you’ve put it off for a long time or have never done it before. […]
Jobs: Jr & Senior Operations Executive–Back Office
Job Title: Jr & Senior Operations Executive–Back Office. No of Vacancies: 2 Job City: Pune Company Profile : Sanriya Finvest Pvt. Ltd is among the leading mutual fund distributors in India and servicing its client base spread across India and the globe. For more information about the company visit: https://sanriya.in/ Desired Candidate Profile : Candidates having 1-5 […]
What does a Consolidated Account Statement (CAS) mean?
A Consolidated Account Statement (CAS) is a comprehensive report that brings together all your mutual fund transactions and holdings into a single document. Whether you’re investing for retirement, your child’s education, or planning an emergency fund, the CAS offers a complete picture of your portfolio, making it easier to track and manage your investments across […]
What is the cut-off timing for mutual funds?
The new rule regarding the applicable Net Asset Value (NAV) for mutual fund transactions, which occurred on February 1, 2021, requires that the NAV for all purchase transactions be determined based on the realization of funds. This rule was already in place for liquid and overnight funds and has now been extended to all mutual fund […]
How do you select a good Mutual Fund Advisor/Distributor?
Mutual funds are a popular investment choice for diversifying their portfolios and achieving financial goals. However, navigating the complexities of mutual fund investments requires expertise. A mutual fund advisor can play a pivotal role in aligning your investments with your goals, risk tolerance, and financial timeline. Here’s a guide to understanding their role and selecting […]
What is the TRI Index? What is the difference between TRI and PRI benchmarks?
In 2018, the Securities and Exchange Board of India (SEBI) introduced a significant change in measuring mutual fund performance. SEBI mandated that mutual funds use the Total Return Index (TRI) instead of the Price Return Index (PRI) to provide a more precise and accurate picture of fund performance. An index is a tool that measures how a group of stocks performs. […]
What is a capital gain statement, and how can you obtain it?
A capital gain statement is like a report card for your investments. It shows the profit or loss you made from buying and selling mutual funds, stocks, or other assets. It’s important for understanding your taxes, tracking your investment performance, and planning for the future. Why Do You Need a Capital Gain Statement? Tax Planning: It helps you […]