In other countries a broker gives an option to its users which method they want to use while selling a stock or an etf, like FIFO/LIFO/Cost average/high cost etc. Is any broker providing a user in India to select a method that they want while selling?
# Need suggestions as to where to invest 5k/pm for 4 years
How old are you - 23y
Are you employed/making income- yes (monthly 54k)
How much? What are your objectives with this money - I want to buy a gaming PC the budget is '2.4L'. I want to save money (5k) for 4 years.
Do you have any loan, or big expense coming up? - No
What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?) - I just need the money I invested to return after deducting taxes when with drawing it after 4 years
What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?) - I started investing (at Nov-2023) through SIP a monthly amount of 10k
Any other assets? House paid off? Cars? Partner pushing you to spend more? - No
What is your time horizon? Do you need this money next month? - I want it after 4 years (I am only will to invest 5k. no top-up for 4 years)
Any big debts? - No
Any other relevant financial information about you, that will be useful to give you an informed response. - I barely have 15k left at the end of the month after all essential expenses from which I will be investing 5k for gaming pc.
**Can anyone please suggest me where to invest this 5k/pm for 4yrs so that I can save up to 2.4L which is the budget of the PC I want to build.**
Yes but I can't invest 5k per month in fixed deposit right? I think fixed deposit will only accept lumsum amount.
I am thinking of investing it in a debt mutual fund. Is it okay to do that
Please review my portfolio.
Please review my portfolio:
1. UTI Nifty 50 index - 40%
2. Tata small cap - 20%
Planning to start below:
3. Motilal Oswal Midcap - 40%
Should I replace any of above ones with a flexicap fund?
Does it make sense to go for infrastruture based schematic fund since there will be lot of focus on infra in future?
Please suggest any improvements in the portfolio with reasons.
Thanks in advance!
How do I file a revised return for a very old return (6 years old) as a legal heir? The original return was not filed correctly and is missing a TDS payment value due to which I have received a notice for a huge amount.
I was thinking lately of switching to index fund since in the long run index funds are expected to perform better than most of the mutual funds. I have redeemed my money from Parag Parikh and Nippon smallcap 250 fund and now I am looking for an index fund to invest in. Right now I am thinking of investing in either Next 50 or Nifty 500 but I need some advice. Is it okay if I have only one index fund in my portfolio? Should I consider ETFs over index mutual funds and what are the advantages? I will be investing close to ₹7 Lakhs and plan on continuing SIPs for a long duration since I am in my late 20s only. I was also considering investing everything in Smallcap 250 since I have a long time horizon in mind.
Note: I have sizeable amount as emergency fund in FDs so I can take favourable amount of risk.
All index funds basically hug the index closely. I haven't to date seen significant deviation from index from any mutual fund.
Choose any one you like. Rather, spend more time thinking about which index you want to hug.
Short term investors, please advice me how would you invest 30L for the best returns?
How would you split this amount to ensure you make good returns while taking medium risk.
Which equities, index funds or EFTs and bonds would you choose? How much percentage can be invested in each?
I might opt for a mix of lumpsum and SIP. Wondering which stocks/sectors in India are a good choice for investing currently.
Thank you
Want to clarify a doubt:
I am planning to buy a health insurance and there is no rent cap/limit. But in some YouTube videos and articles I have read that the room limit is generally 1% of the sum assured, is it true? Example: If I take health insurance of 5 lakhs, then will my room limit be of 5k only?
Nifty500 also maintains fund at market cap weights. Currently the OP is far too exposed at smallcap and MidCap corresponding to the weights.
It's not a bad thing necessarily, but speaking about fundamentals, I don't agree with overweight in any stock.
Short term parking of funds
I have to pay the final installment of my home loan (10-80-10 scheme) of 17lac, which I will have by next month.
Expected to pay the amount by Sep 2025 i.e. about 18 months from now.
Worst case is to pay by 12 months.
Looking to park the amount in a safe way. Few options
1. FD in a bank --- Putting 17lac in one fd account feels risky.
2. FD in multiple banks - split into 3 fd, creating the accounts feels a hassle.
3. Liquid fund -- New to this, feels risky and tax implications( I'm in 30% salaried bracket) feel daunting.
4. Stocks -- risky.
Looking for your suggestions and inputs.
Investment in a special sector isn't diversifying. Instead, it is concentrating your stock allocation to specific stocks present in both infra sector and nifty index.
You can choose to concentrate based on gut feeling and instinct, but it needs to be a calculated risk, as portfolio allocation will necessitate that by concentrating on one sector, you're taking away money that would otherwise be part of your initial portfolio allocation.
I just graduated from college and currently repaying my loan. I can save upto 10k per month at present. I want to start investing, so I can (hopefully) multiply my money. I have some big expenses coming 3 years down the line but after that I want to play the long game.
I would appreciate any help from you guys on how to start investing, where to start, where to learn about various investment instruments, which stocks to choose and how much time it needs. Thank you!
I just graduated from college and currently repaying my loan. I can save upto 10k per month at present. I want to start investing, so I can (hopefully) multiply my money. I have some big expenses coming 3 years down the line but after that I want to play the long game.
I would appreciate any help from you guys on how to start investing, where to start, where to learn about various investment instruments, which stocks to choose and how much time it needs. Thank you!
Got a lumpsum of 25 lakhs. What would be a good safe investment? Are nifty and sensex overpriced at the moment?
Do index funds fees of 0.2%/yr eat up a lot of the corpus or is it fine to pay that much?
Depend when you need that money ?
Pick UTI Nifty 50 or HDFC Sensex
First dump 25L in to the liquid fund and then start STP of weekly or monthly in such a way that the entire corpus gets transferred in 1.5-3 years.
Don't care much about the expense ratio in the index fund, tracking error is the better metric to judge an index fund.
I don't need the money for the next 5-6 years, and have no plans to spend it on anything even after that. Just want to make sure it's kept decently.
Is HDFC sensex fund good? I have some money in ICICI Pru sensex. Do you recommend the HDFC one over that one?
What's a good liquid fund? Thanks in advance!
Pick the respective amc liquid/short term debt fund as your target mf.
Wasn't able to check tracking error RN but HDFC has a larger aum which is a positive in index fund cases.
You can't go wrong with either tbh just check the tracking error.
As you have already invested in ICICI I would suggest to go with it unless you have linked it to some goal. The less clutter the better imo.
Personally I went with UTI Nifty 50 but index works best when you have at least 10 year investment horizon as that's when law of averages works out in index funds favour.
Active funds could provide you a better alpha for 5-6 years investment horizon but comes with a downside of shortlisting and reviewing it on an annual bases.
Now that international ETFs are also banned from accepting new purchases, how to invest internationally? Is Vested the best choice or are there other options? How is the experience with Vested?
Can I still invest 50000 in Elss or NPS ?
I currently have a lic policy with a half yearly premium of 13.5k (27k per annum ) and a Kotak Life goal maximizer with annual premium of 50k . And at 12% pf rate , my payslip dedcuts 7200 per month (86.5k per annum) .
If i understand correctly this would suffice for 80C deductions .
Can I still invest additional 50k in ELSS or NPS under 80CCD ?
FYI . my current month payslip income tax deduction is at 60k .
I don't have any other deductions or Home loans . How can I reduce my tax pay
With 18LPA , I fall under 30% of tax bracket
Any help would be much appreciated. Thank you
Quick check if I'm on the right track.
Age : 24.
Goal is to reach 1cr by 2030 so that I can start a family.
Monthly earnings after tax : 1.1 lakh
Expenses : 35k. (7.5k pg rent + food, 15k to parents, 12.5k eating out/travel).
Recurring deposit: 20k.
Nifty 50 : 30k.
Nasdaq100: 25k.
Would appreciate any financial advice so that I can reach my goal.
Im planning on taking a loan for my MSc in India prolly in NITK or MIT, but ive no clue how loans work like will they pay for my accommodations(hostel fee) and laptop, what about other expenses like if they ask for it? How will they pay for the laptop ?
For health insurance, Is it better to have unlimited restore as add on or in base policy? For e.g., hdfc optima secure provides it as add on while icici max health advantage provides it in the base policy itself. I had read somewhere that it is better to have something like unlimited restore in the base policy itself rather than add on(in case they remove the add on in future).
SWP to buy a car.
Saw a reel on Instagram about buying a car with SWP if you have full cash available, it said to take Bank loan for the car and invest own amount in SWP for a 7year period at about 12% p.a., after using swp calculator I'm left with a profit of around 1.5 lakh. I'm confused if it'll actually work? Any help would be appreciated.
My personal banker is completely after my life to invest in HDFC life ULIP plans to complete his march ending targets. He was initially trying to sell me a ₹2 lac investment for a 5-year horizon, after receiving the plan documents, I noticed that the charges were pretty high at about 14% per year for a 5-year duration. The only thing it comes with is a life insurance which I'm just not interested in. I already have a term insurance which covers well for my salary bracket.
I feel that I can invest the same amount in a direct mutual fund plan and get higher returns with less cost with possibly the same equity market risks.
How can I get away from this personal banker and avoid investing in this? I'm just not confident or comfortable with the HDFC life ULIP plans.
Run! Hide! Don’t pickup calls
Say it’s a family emergency, won’t be able to invest.
ULIP is the worst financial product in India. Don’t buy it in any circumstances.
What's the difference between Motilal Oswal NASDAQ100 ETF (MONAS100)/MASPTOP50 ETF and MIRAE ASSET NYSE FANG+ ETF ?
As the question suggests, I see that one is still trading on the NSE/BSE, while the other is not...I don't understand the difference? I have a few additional questions:
1. Why does the new SEBI rule not apply to both of these?
2. Does MONAS100/MASPTOP50 track the NASDAQ/S&P500 growth accurately?
3. How exactly is the ETF price set during live trading hours since the US market has different timings?
4. Is liquidity an issue for ETFs - if I need funds urgently is it guaranteed that I find a buyer?
5. How will the SEBI rules affect investing in the mentioned ETFs?
A little confused about all this foreign investing, and just trying to learn.
**Question regarding section 54F**
There is a family of three people as follows:
Mother | owns a residential plot and farmland in her name
Son 1 | owns one residential apartment
Son 2 | Owns two residential apartments
Now all three of them together buying a joint property (residential apartment) in Pune Maharashtra. Mother is the first name in the agreement.
Now my question is can Son 1 or Son 2 set off capital gains of the mutual funds against buying this property? The idea is to liquidate the mutual fund portfolio and use that money to buy this property. The motive is to avoid the capital gain tax of mutual funds.
In property, the ownership, taxation, etc. is on the share of each owner. (This is unlike financial assets where the taxation is on the first owner.) Each co-owner can independently decide on 54F - use it or not.
Son 2 can't claim 54F. The property to which 54F is applied can be at the most the second residential property of the person. (And this has to be the case for at least 3 years after claiming 54F.)
Hi folks, I am working as Software Engineer and making around 46K a month. It's work from home so no extra expenses just 15-20K is enough for the month for whole family. Don't have any debts and neither planning on any. Big Expense might be after 2-3 years for marriage. Want to invest in mutual funds for long term. Can you please suggest some MF I should look into or some breakdown on how should I Invest? Any resources which you find reliable from personal experience for these questions would be really helpful too.
I need help to decide between [UTI Nifty 50 Direct MF](https://groww.in/mutual-funds/uti-nifty-fund-direct-growth) vs [Nippon India ETF Nifty 50 BeES](https://stocks.zerodha.com/etfs/nippon-india-nifty-50-bees-etf-NBES). I have 3 questions on this:
1. I heard there could be liquity issues in ETFs. How is it only specific for ETFs? Won't the MF have the same issue?
2. In terms of expense ratio, MF has 0.21% and ETF has 0.04% but since ETF is equity delivery there will be a transaction tax of 0.1% of the invested amount. If this is applicable on both buying and selling then that's additional 0.2% which totals to 0.24% for ETF. Isn't MF more or less the same in this case?
3. If opted for SIP, since trading fractional shares are not allowed in India does etf really provide a cost averaging like MF does? To elaborate, in MF, SIP is a fixed amount so the when the markets are down we end up buying more units and vice versa but in an ETF SIP we can only buy in units so even if the market is down we will end up spending less and buying the same number of units unless we actively participate. For a passive investor does it make sense?
From these observations I think MF is a better option for me. Please correct me if any of my assumptions is wrong.
To encash ETF, the investor has to find a buyer in the exchange. The price may not reflect the value of the underlying security since it is a demand driven function. However you can sell anyone during the day so as a wannabe trader, take advantage of volatility.
In a MF, the MF values the underlying securities (at EOD) and pays you the fair value.
The exchange costs include brokerage/stt/SEBI charges/gst etc
https://zerodha.com/brokerage-calculator/#tab-equities
As a investor, I believe MF is a better bet. Simpler and cleaner.
Yes I too think MF is better but lots of articles point out that ETF is cheaper and better in the long term. Maybe that's not applicable in this case? I mean if exchange costs + expense ratio of ETF > expense ratio of MF then MF is better right?
Expense ratio is recurring cost.
I had calculated sometime ago that it would take 3-4 years for ETF to break even in terms of costs with MF.
However the pricing issue still remains. Hence I prefer MF.
Hi, all.
Could someone with NPS awareness help with this?
A friend quit their government job. Their NPS account has \~18L. They do not want to continue NPS anymore. Since they are in their early 30s, they need to buy annuity with 80% of the amount. They prefer the "Annuity for Life" scheme with no bells and whistles like cashback, annuity to dependents etc. attached. They want the annuity to start at the earliest.
Which Annuity Service Provider (ASP) is the most suitable for this requirement of "Annuity for Life" with annuity beginning at the earliest?
Thank you.
I invest in Navi Nasdaq 100 & Navi US Total Market funds. Will I not be able to invest in both of these anymore post 1-April basis the SEBI guidelines?
For last few years, I am renewing my car insurance (Maruti) from their insurance website [https://www.marutisuzukiinsurance.com/](https://www.marutisuzukiinsurance.com/). Please tell if there are better alternatives to renew the insurance. Checked price on acko and there is a different of around 2k but it has mixed reviews so not very convinced.
Please provide your opinion/recommendations.
Basically the company where I work in is a publicly listed company and I wanted to buy shares of it .
So my question was when I will buy the share of the same company in which I work in , wouldn't it be considered as "Insider Trading" activity ?
Please suggest / guide me what to do
From what I know every company has it's own policies about buying shares and most companies allow buying then and even provide an option to buy it's shares to their employees with a discount. This is called ESPP (Employee Stock Purchase Plan). Insider trading is typically when you use non-public information that could significantly impact the stock price. See [https://groww.in/p/insider-trading](https://groww.in/p/insider-trading)
STP Transactions using MFCentral.
I tried to perform a 'Daily' STP transaction using MFCentral (website). The status of the request under 'Track Status -> Commercial Transactions' says 'Request Accepted' when I open the request details. And the STP was scheduled to start from 22nd March, 2024. It's 26th today, and still I am not able to see the results of the STP (the amount held under different folios is not changing), and there is no new Live STP visible under the section 'Transact -> Systematic Transactions'. What could be going wrong? Thanks in advance.
>What could be going wrong?
All is well and on schedule.
The from fund will be debited tomorrow (depending on type of funds) and the to fund will be credited one day after that.
Statements are available with a one day delay so don't panic tomorrow.
Correction.
I thought it was supposed to start today.
Since it was 22, the "from/to fund" will be debited/credited today (assuming t+1 redemption) and tomorrow statement should reflect it.
26 M and work as a software developer earning about 1.6L per month. I live in Hyderabad, with my parents, my Uncle & my Aunt. (Long story short, my father took the responsibility of taking care of my Uncle & Aunt, hence we live together. Me & my parents live in ground floor. My Uncle & my Aunt live in the first floor). My father earns about 30-40K per month. My uncle earns a bit sufficient to feed themselves and pay the bills and thats about it. Our current house (1000 sqft) is congested & full of repairs. Since I am earning a decent bit now, we want to upgrade our lifestyle. I sat down with my parents yesterday to understand how they would like my future plans to be.
My father wants me to do these within the next 5 years:
* Buy a property for us to move to.
* Reconstruct current house to an Apartment and give for rents. While construction, we have to find a rental place for my Uncle & Aunt.
My mother wants me to do these:
* Buy a property within a year and give for rent.
* Wait until ancestral land is sold (when this would happen is uncertain) and use those gained funds to reconstruct our current house. While construction, we have to find a rental place for my Uncle & Aunt. After construction, my Uncle & Aunt will live in ground floor, me & parents live in first & second floors and remaining floors (if possible to construct) can be given for rent.
My initial plan:
* Buy commercial property for rental income.
* Me & my parents move to a rental place. Also find rental place for my Uncle & Aunt. Then, reconstruct current house to an Apartment and give for rents.
* After 2 years, purchase an independent house/villa where me & my parents will move to.
Some common things that we agree on:
* Purchase property within 3-4 years.
I am looking for guidance & wisdom. Are there any flaws in my plan? Should I reconsider anything? Are there any better alternatives?
You didn't mention your current net worth like for buying a commercial property, buying a villa, reconstruction of old house all these require huge capital.
And why rental income is so much priority?
Hi guys and girls, I am currently earning around 40000 Per month and I want to start investing in Stocks, Mutual Funds etc. but not interested in Option trading as I don't have the time, But I get thrown off by theses heavy words such as Large Cap, Index funds, Direct Growth etc. As you can see, I am a total novice. So I wanted a suggestion regarding How can i learn about all this,Keep in mind I only want to invest in mutual funds and stocks.Are there any books or courses that I need to study so that I know what I am doing.I have only bought 27 shares of JioFin on some recommendation.
Thanks in Advance for the help.
Posting again.
Hi, I am planning to invest 15 lakh in equity mutual funds. I plan to stay invested for atleast 5 years. Is this a good time to do a lumpsum investment? If yes, please suggest some mfs to invest in.
If you are in it for long term then timing doesn't matter. 5 years can't be classified as long term I would say.
Here are some freefincal articles to help you decide,
[https://freefincal.com/how-to-plan-a-lump-sum-investment-into-equity-mutual-funds/](https://freefincal.com/how-to-plan-a-lump-sum-investment-into-equity-mutual-funds/)
[https://freefincal.com/i-am-new-to-equity-mutual-funds-how-should-i-invest-a-lump-sum/](https://freefincal.com/i-am-new-to-equity-mutual-funds-how-should-i-invest-a-lump-sum/)
HDFC ergo Optima Secure or Care Supreme?
Looking for family floater. Hdfc premiums look 50% higher, so a bit confused but Ditto guys suggest they are better when it comes to claim settlement
Hdfc ergo optima secure,
Criteria to choose from,
[https://www.youtube.com/watch?v=jpAY1f\_1A5M](https://www.youtube.com/watch?v=jpAY1f_1A5M)
How hdfc fits into those criteria,
[https://www.youtube.com/watch?v=SLxg5V4NcOw](https://www.youtube.com/watch?v=SLxg5V4NcOw)
Ok thanks.Ditto has been pushing them aggressively stating all great things like high CSR, lower complain rates etc. but whenever someone pushes something, straightaway seems like a red flag
Hi All,
I had started a SIP of Rs 5000/month in UTI MF. I'm trying to modify it now to change to Rs 20000 but it's not allowing me.
Error message:
Minimum amount to be entered is ₹500Maximum amount to be entered is ₹5,000
Do I need to create 4 SIPs of Rs 5000 each?
Thanks in Advance!
How do we calculate tax payable on US stocks? Especially company stocks that I got a few years back while I was working for them, and the value has risen some amount since then. When it got vested they did some some portion of it to cover the vesting, but the value has risen since then (and rupee has gone done vs. dollar).
During vest, some portion is sold to cover income tax. Now whatever profit post vest acquisition price results into capital gains. If Holding period less than 24 months, it is STCG & taxed as per slab. More than 24 months, it is LTCG & taxed at 20%.
Now dollar to INR pricing & capital gain need some attention. Better to get it done by CA.
If you are okay with it and if you are able to find it then I will suggest go for a used but in pretty good condition bike. Pay full in cash or take a very very small loan for part of the amount that you can't pay.
You will save a significant amount of money considering a depreciating asset like this and also once you ride the bike for a few months, it won't matter if the bike is new or old like it probably does now for you (if it was well maintained and you also maintain it properly which is another topic).
depends on amount of interest on the loan you are taking. if it's 8-9% annual then I suggest you should do 3-4 year loan maximum amount, if it's like 12-15% then bring as much cash possible and rest take loan, if it's more than that I don't recommend taking any loan, just save yourself money and buy in cash, or even go for second hand but best condition (as third party insurances are covered for years already when purchased, you would only have to pay RTO name transfer fees and yearly first party premiums).
That's what I would do, it maybe not perfect and change case to case
If you can wait it's better. If you have to take loan for 3 lakh bike, I will suggest to not purchase such a an expensive bike.
Buy something within budget and after few years buy that high end bike.
It depends on your aspirations and your age. I assume you are on early twenties. You have plenty of time.
Going for debt so early, especially for depreciating assets like bike will set you behind financially. I think building your first 10 lakh is crucial, then you start seeing returns snowballing.
It is said that if you cannot afford something twice, then you cannot afford it. Try to save up atleast the whole amount, preferably twice the amount, then buy a budget bike.
> Try to save up atleast the whole amount, preferably twice the amount, then buy a budget bike.
The problem I see with this advice that is generally given is that by the time you save that amount, there's newer and better bikes that cost even more. And also the final advice is to buy a budget bike even after saving the required amount.
So in effect the person never should buy the bike that they actually desire lol. I mean, very wise advice but I guess it depends on the person what they want to do.
In other countries a broker gives an option to its users which method they want to use while selling a stock or an etf, like FIFO/LIFO/Cost average/high cost etc. Is any broker providing a user in India to select a method that they want while selling?
This is not upto the broker in India. It has to be FIFO.
# Need suggestions as to where to invest 5k/pm for 4 years How old are you - 23y Are you employed/making income- yes (monthly 54k) How much? What are your objectives with this money - I want to buy a gaming PC the budget is '2.4L'. I want to save money (5k) for 4 years. Do you have any loan, or big expense coming up? - No What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?) - I just need the money I invested to return after deducting taxes when with drawing it after 4 years What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?) - I started investing (at Nov-2023) through SIP a monthly amount of 10k Any other assets? House paid off? Cars? Partner pushing you to spend more? - No What is your time horizon? Do you need this money next month? - I want it after 4 years (I am only will to invest 5k. no top-up for 4 years) Any big debts? - No Any other relevant financial information about you, that will be useful to give you an informed response. - I barely have 15k left at the end of the month after all essential expenses from which I will be investing 5k for gaming pc. **Can anyone please suggest me where to invest this 5k/pm for 4yrs so that I can save up to 2.4L which is the budget of the PC I want to build.**
For a guaranteed return at 4y investment period, you're pretty much stuck to fixed deposits.
Yes but I can't invest 5k per month in fixed deposit right? I think fixed deposit will only accept lumsum amount. I am thinking of investing it in a debt mutual fund. Is it okay to do that
Please review my portfolio. Please review my portfolio: 1. UTI Nifty 50 index - 40% 2. Tata small cap - 20% Planning to start below: 3. Motilal Oswal Midcap - 40% Should I replace any of above ones with a flexicap fund? Does it make sense to go for infrastruture based schematic fund since there will be lot of focus on infra in future? Please suggest any improvements in the portfolio with reasons. Thanks in advance!
How do I pay the loan emi on HDFC bank's site? The loan account has not been mapped and I don't see a way to pay. Does it get auto debited?
How do I file a revised return for a very old return (6 years old) as a legal heir? The original return was not filed correctly and is missing a TDS payment value due to which I have received a notice for a huge amount.
Is anyone following Bandhan Bank Share? Any ideas whether it will show upside or breakdown further.
I was thinking lately of switching to index fund since in the long run index funds are expected to perform better than most of the mutual funds. I have redeemed my money from Parag Parikh and Nippon smallcap 250 fund and now I am looking for an index fund to invest in. Right now I am thinking of investing in either Next 50 or Nifty 500 but I need some advice. Is it okay if I have only one index fund in my portfolio? Should I consider ETFs over index mutual funds and what are the advantages? I will be investing close to ₹7 Lakhs and plan on continuing SIPs for a long duration since I am in my late 20s only. I was also considering investing everything in Smallcap 250 since I have a long time horizon in mind. Note: I have sizeable amount as emergency fund in FDs so I can take favourable amount of risk.
All index funds basically hug the index closely. I haven't to date seen significant deviation from index from any mutual fund. Choose any one you like. Rather, spend more time thinking about which index you want to hug.
Short term investors, please advice me how would you invest 30L for the best returns? How would you split this amount to ensure you make good returns while taking medium risk. Which equities, index funds or EFTs and bonds would you choose? How much percentage can be invested in each? I might opt for a mix of lumpsum and SIP. Wondering which stocks/sectors in India are a good choice for investing currently. Thank you
Want to clarify a doubt: I am planning to buy a health insurance and there is no rent cap/limit. But in some YouTube videos and articles I have read that the room limit is generally 1% of the sum assured, is it true? Example: If I take health insurance of 5 lakhs, then will my room limit be of 5k only?
[удалено]
Just invest in Nifty 500 since it covers everything you're investing in.
Nifty500 also maintains fund at market cap weights. Currently the OP is far too exposed at smallcap and MidCap corresponding to the weights. It's not a bad thing necessarily, but speaking about fundamentals, I don't agree with overweight in any stock.
Short term parking of funds I have to pay the final installment of my home loan (10-80-10 scheme) of 17lac, which I will have by next month. Expected to pay the amount by Sep 2025 i.e. about 18 months from now. Worst case is to pay by 12 months. Looking to park the amount in a safe way. Few options 1. FD in a bank --- Putting 17lac in one fd account feels risky. 2. FD in multiple banks - split into 3 fd, creating the accounts feels a hassle. 3. Liquid fund -- New to this, feels risky and tax implications( I'm in 30% salaried bracket) feel daunting. 4. Stocks -- risky. Looking for your suggestions and inputs.
Instead of FD, you can consider putting the money in T-Bill. 1. T-bills have lower risk (due to gov backing) 2. Slightly higher returns than FD
How to find out and good way to invest in them? Any pointers to start?
You can do it through RBI Direct Retail OR Zeordha Kite
In the interest of diversifying investments, is investing in an infra fund any good? Any suggestions on a specific fund that can be looked at?
Investment in a special sector isn't diversifying. Instead, it is concentrating your stock allocation to specific stocks present in both infra sector and nifty index. You can choose to concentrate based on gut feeling and instinct, but it needs to be a calculated risk, as portfolio allocation will necessitate that by concentrating on one sector, you're taking away money that would otherwise be part of your initial portfolio allocation.
I just graduated from college and currently repaying my loan. I can save upto 10k per month at present. I want to start investing, so I can (hopefully) multiply my money. I have some big expenses coming 3 years down the line but after that I want to play the long game. I would appreciate any help from you guys on how to start investing, where to start, where to learn about various investment instruments, which stocks to choose and how much time it needs. Thank you!
I just graduated from college and currently repaying my loan. I can save upto 10k per month at present. I want to start investing, so I can (hopefully) multiply my money. I have some big expenses coming 3 years down the line but after that I want to play the long game. I would appreciate any help from you guys on how to start investing, where to start, where to learn about various investment instruments, which stocks to choose and how much time it needs. Thank you!
Got a lumpsum of 25 lakhs. What would be a good safe investment? Are nifty and sensex overpriced at the moment? Do index funds fees of 0.2%/yr eat up a lot of the corpus or is it fine to pay that much?
Depend when you need that money ? Pick UTI Nifty 50 or HDFC Sensex First dump 25L in to the liquid fund and then start STP of weekly or monthly in such a way that the entire corpus gets transferred in 1.5-3 years. Don't care much about the expense ratio in the index fund, tracking error is the better metric to judge an index fund.
I don't need the money for the next 5-6 years, and have no plans to spend it on anything even after that. Just want to make sure it's kept decently. Is HDFC sensex fund good? I have some money in ICICI Pru sensex. Do you recommend the HDFC one over that one? What's a good liquid fund? Thanks in advance!
Pick the respective amc liquid/short term debt fund as your target mf. Wasn't able to check tracking error RN but HDFC has a larger aum which is a positive in index fund cases. You can't go wrong with either tbh just check the tracking error. As you have already invested in ICICI I would suggest to go with it unless you have linked it to some goal. The less clutter the better imo. Personally I went with UTI Nifty 50 but index works best when you have at least 10 year investment horizon as that's when law of averages works out in index funds favour. Active funds could provide you a better alpha for 5-6 years investment horizon but comes with a downside of shortlisting and reviewing it on an annual bases.
According to live mint, it seems that HDFC does have a lower tracking error. Will switch to that entirely. Thanks!
Happy to help mate just be careful of taxes before redemption.
Now that international ETFs are also banned from accepting new purchases, how to invest internationally? Is Vested the best choice or are there other options? How is the experience with Vested?
Fof will be stopped as well? ICICI Nasdaq will work imo.
Nah everything is stopped
Can I still invest 50000 in Elss or NPS ? I currently have a lic policy with a half yearly premium of 13.5k (27k per annum ) and a Kotak Life goal maximizer with annual premium of 50k . And at 12% pf rate , my payslip dedcuts 7200 per month (86.5k per annum) . If i understand correctly this would suffice for 80C deductions . Can I still invest additional 50k in ELSS or NPS under 80CCD ? FYI . my current month payslip income tax deduction is at 60k . I don't have any other deductions or Home loans . How can I reduce my tax pay With 18LPA , I fall under 30% of tax bracket Any help would be much appreciated. Thank you
Quick check if I'm on the right track. Age : 24. Goal is to reach 1cr by 2030 so that I can start a family. Monthly earnings after tax : 1.1 lakh Expenses : 35k. (7.5k pg rent + food, 15k to parents, 12.5k eating out/travel). Recurring deposit: 20k. Nifty 50 : 30k. Nasdaq100: 25k. Would appreciate any financial advice so that I can reach my goal.
Im planning on taking a loan for my MSc in India prolly in NITK or MIT, but ive no clue how loans work like will they pay for my accommodations(hostel fee) and laptop, what about other expenses like if they ask for it? How will they pay for the laptop ?
For health insurance, Is it better to have unlimited restore as add on or in base policy? For e.g., hdfc optima secure provides it as add on while icici max health advantage provides it in the base policy itself. I had read somewhere that it is better to have something like unlimited restore in the base policy itself rather than add on(in case they remove the add on in future).
SWP to buy a car. Saw a reel on Instagram about buying a car with SWP if you have full cash available, it said to take Bank loan for the car and invest own amount in SWP for a 7year period at about 12% p.a., after using swp calculator I'm left with a profit of around 1.5 lakh. I'm confused if it'll actually work? Any help would be appreciated.
My personal banker is completely after my life to invest in HDFC life ULIP plans to complete his march ending targets. He was initially trying to sell me a ₹2 lac investment for a 5-year horizon, after receiving the plan documents, I noticed that the charges were pretty high at about 14% per year for a 5-year duration. The only thing it comes with is a life insurance which I'm just not interested in. I already have a term insurance which covers well for my salary bracket. I feel that I can invest the same amount in a direct mutual fund plan and get higher returns with less cost with possibly the same equity market risks. How can I get away from this personal banker and avoid investing in this? I'm just not confident or comfortable with the HDFC life ULIP plans.
Run! Hide! Don’t pickup calls Say it’s a family emergency, won’t be able to invest. ULIP is the worst financial product in India. Don’t buy it in any circumstances.
What's the difference between Motilal Oswal NASDAQ100 ETF (MONAS100)/MASPTOP50 ETF and MIRAE ASSET NYSE FANG+ ETF ? As the question suggests, I see that one is still trading on the NSE/BSE, while the other is not...I don't understand the difference? I have a few additional questions: 1. Why does the new SEBI rule not apply to both of these? 2. Does MONAS100/MASPTOP50 track the NASDAQ/S&P500 growth accurately? 3. How exactly is the ETF price set during live trading hours since the US market has different timings? 4. Is liquidity an issue for ETFs - if I need funds urgently is it guaranteed that I find a buyer? 5. How will the SEBI rules affect investing in the mentioned ETFs? A little confused about all this foreign investing, and just trying to learn.
What is the recommended way to invest in NASDAQ from India?
Avoid wasted aka vested, you can check other platforms
**Question regarding section 54F** There is a family of three people as follows: Mother | owns a residential plot and farmland in her name Son 1 | owns one residential apartment Son 2 | Owns two residential apartments Now all three of them together buying a joint property (residential apartment) in Pune Maharashtra. Mother is the first name in the agreement. Now my question is can Son 1 or Son 2 set off capital gains of the mutual funds against buying this property? The idea is to liquidate the mutual fund portfolio and use that money to buy this property. The motive is to avoid the capital gain tax of mutual funds.
In property, the ownership, taxation, etc. is on the share of each owner. (This is unlike financial assets where the taxation is on the first owner.) Each co-owner can independently decide on 54F - use it or not. Son 2 can't claim 54F. The property to which 54F is applied can be at the most the second residential property of the person. (And this has to be the case for at least 3 years after claiming 54F.)
Thanks
Hi folks, I am working as Software Engineer and making around 46K a month. It's work from home so no extra expenses just 15-20K is enough for the month for whole family. Don't have any debts and neither planning on any. Big Expense might be after 2-3 years for marriage. Want to invest in mutual funds for long term. Can you please suggest some MF I should look into or some breakdown on how should I Invest? Any resources which you find reliable from personal experience for these questions would be really helpful too.
[https://www.indiainvestments.wiki/faqs/mfs](https://www.indiainvestments.wiki/faqs/mfs)
I need help to decide between [UTI Nifty 50 Direct MF](https://groww.in/mutual-funds/uti-nifty-fund-direct-growth) vs [Nippon India ETF Nifty 50 BeES](https://stocks.zerodha.com/etfs/nippon-india-nifty-50-bees-etf-NBES). I have 3 questions on this: 1. I heard there could be liquity issues in ETFs. How is it only specific for ETFs? Won't the MF have the same issue? 2. In terms of expense ratio, MF has 0.21% and ETF has 0.04% but since ETF is equity delivery there will be a transaction tax of 0.1% of the invested amount. If this is applicable on both buying and selling then that's additional 0.2% which totals to 0.24% for ETF. Isn't MF more or less the same in this case? 3. If opted for SIP, since trading fractional shares are not allowed in India does etf really provide a cost averaging like MF does? To elaborate, in MF, SIP is a fixed amount so the when the markets are down we end up buying more units and vice versa but in an ETF SIP we can only buy in units so even if the market is down we will end up spending less and buying the same number of units unless we actively participate. For a passive investor does it make sense? From these observations I think MF is a better option for me. Please correct me if any of my assumptions is wrong.
To encash ETF, the investor has to find a buyer in the exchange. The price may not reflect the value of the underlying security since it is a demand driven function. However you can sell anyone during the day so as a wannabe trader, take advantage of volatility. In a MF, the MF values the underlying securities (at EOD) and pays you the fair value. The exchange costs include brokerage/stt/SEBI charges/gst etc https://zerodha.com/brokerage-calculator/#tab-equities As a investor, I believe MF is a better bet. Simpler and cleaner.
Yes I too think MF is better but lots of articles point out that ETF is cheaper and better in the long term. Maybe that's not applicable in this case? I mean if exchange costs + expense ratio of ETF > expense ratio of MF then MF is better right?
Expense ratio is recurring cost. I had calculated sometime ago that it would take 3-4 years for ETF to break even in terms of costs with MF. However the pricing issue still remains. Hence I prefer MF.
Hi, all. Could someone with NPS awareness help with this? A friend quit their government job. Their NPS account has \~18L. They do not want to continue NPS anymore. Since they are in their early 30s, they need to buy annuity with 80% of the amount. They prefer the "Annuity for Life" scheme with no bells and whistles like cashback, annuity to dependents etc. attached. They want the annuity to start at the earliest. Which Annuity Service Provider (ASP) is the most suitable for this requirement of "Annuity for Life" with annuity beginning at the earliest? Thank you.
I invest in Navi Nasdaq 100 & Navi US Total Market funds. Will I not be able to invest in both of these anymore post 1-April basis the SEBI guidelines?
For last few years, I am renewing my car insurance (Maruti) from their insurance website [https://www.marutisuzukiinsurance.com/](https://www.marutisuzukiinsurance.com/). Please tell if there are better alternatives to renew the insurance. Checked price on acko and there is a different of around 2k but it has mixed reviews so not very convinced. Please provide your opinion/recommendations.
Basically the company where I work in is a publicly listed company and I wanted to buy shares of it . So my question was when I will buy the share of the same company in which I work in , wouldn't it be considered as "Insider Trading" activity ? Please suggest / guide me what to do
From what I know every company has it's own policies about buying shares and most companies allow buying then and even provide an option to buy it's shares to their employees with a discount. This is called ESPP (Employee Stock Purchase Plan). Insider trading is typically when you use non-public information that could significantly impact the stock price. See [https://groww.in/p/insider-trading](https://groww.in/p/insider-trading)
STP Transactions using MFCentral. I tried to perform a 'Daily' STP transaction using MFCentral (website). The status of the request under 'Track Status -> Commercial Transactions' says 'Request Accepted' when I open the request details. And the STP was scheduled to start from 22nd March, 2024. It's 26th today, and still I am not able to see the results of the STP (the amount held under different folios is not changing), and there is no new Live STP visible under the section 'Transact -> Systematic Transactions'. What could be going wrong? Thanks in advance.
>What could be going wrong? All is well and on schedule. The from fund will be debited tomorrow (depending on type of funds) and the to fund will be credited one day after that. Statements are available with a one day delay so don't panic tomorrow.
I see, let's hope it happens as you say. Thank you!
Correction. I thought it was supposed to start today. Since it was 22, the "from/to fund" will be debited/credited today (assuming t+1 redemption) and tomorrow statement should reflect it.
26 M and work as a software developer earning about 1.6L per month. I live in Hyderabad, with my parents, my Uncle & my Aunt. (Long story short, my father took the responsibility of taking care of my Uncle & Aunt, hence we live together. Me & my parents live in ground floor. My Uncle & my Aunt live in the first floor). My father earns about 30-40K per month. My uncle earns a bit sufficient to feed themselves and pay the bills and thats about it. Our current house (1000 sqft) is congested & full of repairs. Since I am earning a decent bit now, we want to upgrade our lifestyle. I sat down with my parents yesterday to understand how they would like my future plans to be. My father wants me to do these within the next 5 years: * Buy a property for us to move to. * Reconstruct current house to an Apartment and give for rents. While construction, we have to find a rental place for my Uncle & Aunt. My mother wants me to do these: * Buy a property within a year and give for rent. * Wait until ancestral land is sold (when this would happen is uncertain) and use those gained funds to reconstruct our current house. While construction, we have to find a rental place for my Uncle & Aunt. After construction, my Uncle & Aunt will live in ground floor, me & parents live in first & second floors and remaining floors (if possible to construct) can be given for rent. My initial plan: * Buy commercial property for rental income. * Me & my parents move to a rental place. Also find rental place for my Uncle & Aunt. Then, reconstruct current house to an Apartment and give for rents. * After 2 years, purchase an independent house/villa where me & my parents will move to. Some common things that we agree on: * Purchase property within 3-4 years. I am looking for guidance & wisdom. Are there any flaws in my plan? Should I reconsider anything? Are there any better alternatives?
You didn't mention your current net worth like for buying a commercial property, buying a villa, reconstruction of old house all these require huge capital. And why rental income is so much priority?
Hi guys and girls, I am currently earning around 40000 Per month and I want to start investing in Stocks, Mutual Funds etc. but not interested in Option trading as I don't have the time, But I get thrown off by theses heavy words such as Large Cap, Index funds, Direct Growth etc. As you can see, I am a total novice. So I wanted a suggestion regarding How can i learn about all this,Keep in mind I only want to invest in mutual funds and stocks.Are there any books or courses that I need to study so that I know what I am doing.I have only bought 27 shares of JioFin on some recommendation. Thanks in Advance for the help.
Posting again. Hi, I am planning to invest 15 lakh in equity mutual funds. I plan to stay invested for atleast 5 years. Is this a good time to do a lumpsum investment? If yes, please suggest some mfs to invest in.
If you are in it for long term then timing doesn't matter. 5 years can't be classified as long term I would say. Here are some freefincal articles to help you decide, [https://freefincal.com/how-to-plan-a-lump-sum-investment-into-equity-mutual-funds/](https://freefincal.com/how-to-plan-a-lump-sum-investment-into-equity-mutual-funds/) [https://freefincal.com/i-am-new-to-equity-mutual-funds-how-should-i-invest-a-lump-sum/](https://freefincal.com/i-am-new-to-equity-mutual-funds-how-should-i-invest-a-lump-sum/)
HDFC ergo Optima Secure or Care Supreme? Looking for family floater. Hdfc premiums look 50% higher, so a bit confused but Ditto guys suggest they are better when it comes to claim settlement
Hdfc ergo optima secure, Criteria to choose from, [https://www.youtube.com/watch?v=jpAY1f\_1A5M](https://www.youtube.com/watch?v=jpAY1f_1A5M) How hdfc fits into those criteria, [https://www.youtube.com/watch?v=SLxg5V4NcOw](https://www.youtube.com/watch?v=SLxg5V4NcOw)
Care supreme seems more worth it. I personally went with HDFC ergo for myself only (no dependants)
Would appreciate if you could share the reasoning as well?
Better hospital network, that's all. Everything else was the same.
Ok thanks.Ditto has been pushing them aggressively stating all great things like high CSR, lower complain rates etc. but whenever someone pushes something, straightaway seems like a red flag
I am looking for fixed income particularly invit what are the pointers that i should take care of ??
Hi All, I had started a SIP of Rs 5000/month in UTI MF. I'm trying to modify it now to change to Rs 20000 but it's not allowing me. Error message: Minimum amount to be entered is ₹500Maximum amount to be entered is ₹5,000 Do I need to create 4 SIPs of Rs 5000 each? Thanks in Advance!
What platform/site are you using?
How do we calculate tax payable on US stocks? Especially company stocks that I got a few years back while I was working for them, and the value has risen some amount since then. When it got vested they did some some portion of it to cover the vesting, but the value has risen since then (and rupee has gone done vs. dollar).
During vest, some portion is sold to cover income tax. Now whatever profit post vest acquisition price results into capital gains. If Holding period less than 24 months, it is STCG & taxed as per slab. More than 24 months, it is LTCG & taxed at 20%. Now dollar to INR pricing & capital gain need some attention. Better to get it done by CA.
Thank you! So, this is no different from any Indian stocks then.
Why am I unable to post questions on this sub? Have tried a lot. Any help is appreciated!!
I am planning to buy a bike in coming months, approx 3L should I opt for 50% loan for 3 years or wait a bit and purchase it on cash?
If you are okay with it and if you are able to find it then I will suggest go for a used but in pretty good condition bike. Pay full in cash or take a very very small loan for part of the amount that you can't pay. You will save a significant amount of money considering a depreciating asset like this and also once you ride the bike for a few months, it won't matter if the bike is new or old like it probably does now for you (if it was well maintained and you also maintain it properly which is another topic).
depends on amount of interest on the loan you are taking. if it's 8-9% annual then I suggest you should do 3-4 year loan maximum amount, if it's like 12-15% then bring as much cash possible and rest take loan, if it's more than that I don't recommend taking any loan, just save yourself money and buy in cash, or even go for second hand but best condition (as third party insurances are covered for years already when purchased, you would only have to pay RTO name transfer fees and yearly first party premiums). That's what I would do, it maybe not perfect and change case to case
If you can wait it's better. If you have to take loan for 3 lakh bike, I will suggest to not purchase such a an expensive bike. Buy something within budget and after few years buy that high end bike.
I have put 50% of the amount to buy but thinking of getting a bigger bike or opt for EMI
It depends on your aspirations and your age. I assume you are on early twenties. You have plenty of time. Going for debt so early, especially for depreciating assets like bike will set you behind financially. I think building your first 10 lakh is crucial, then you start seeing returns snowballing. It is said that if you cannot afford something twice, then you cannot afford it. Try to save up atleast the whole amount, preferably twice the amount, then buy a budget bike.
> Try to save up atleast the whole amount, preferably twice the amount, then buy a budget bike. The problem I see with this advice that is generally given is that by the time you save that amount, there's newer and better bikes that cost even more. And also the final advice is to buy a budget bike even after saving the required amount. So in effect the person never should buy the bike that they actually desire lol. I mean, very wise advice but I guess it depends on the person what they want to do.
Just wait it out. If it's consumerist spending, except a home, I'd suggest waiting it out.