ARTHO GURU

02/11/2022

One Nation ... One Income Tax Form :

“In a major step towards ease of compliance, CBDT proposes to introduce a common ITR by merging all existing ITRs except ITR-7. Draft common ITR Form is available on https://t.co/fDrSV3LQ9P Inputs may be sent via email at [email protected] & [email protected], latest by 15.12.2022.”

08/05/2022

18/10/2021

How to earn money from idle funds ?

Excess funds lying idle in Bank Current Accounts can easily be invested in Money Market or Liquid Fund MF Schemes to earn short term income .
In these schemes the funds are invested in short term maturity instruments like Money Market Securities , which has a low risk profile .
The expense ratio charged by MF houses for investing in Liquid Schemes is very low and is capped at 1.05% .
No Exit load is charged if the investments are held and not redeemed before 6 to 7 days . Even if the redemption is done before 1 Week the Exit Load is very low and is capped at 0.006%.
However for redemption before 3 Years , the income earned will be taxed under Short Term Capital Gains .
Short term secured income can be earned by putting Extra Funds in Liquid Mutual Fund Schemes .

14/10/2021

BURJ KHALIFA at Shreebhumi Puja Pandal , Kolkata ... Huge Crowd Puller ...

10/10/2021

What r Hybrid Mutual Fund schemes ?
Hybrid MF Schemes invest in a combination of Equity & Debt securities and sometimes even in Gold .
Aggressive Hybrid MF Schemes have to invest a minimum of 65% of there funds in Equity and the rest in Fixed Income / Debt securities .
By investing in Hybrid MF Schemes , investors can get the best of both worlds , that is the Growth opportunities of the Equity Market & the Stability of the Debt Market .
The Asset allocation between Equity and Debt gives a cushion against the Ups and Downs of the Market .
Investor interest in Hybrid MF Schemes have increased , with both Equity and Debt performing well in recent times .

03/10/2021

DIFFERENCE between "Multicap" and "Flexicap" FUNDS :
A Fund Manager of any Multicap Fund has to invest a minimum of 25% in each of the following equity segments : Large Cap , Mid Cap and Small Cap . The balance 25% can be invested in any of the above sectors , as per the Market conditions .
However in case of Flexi Cap Funds , the mandate for the Fund Manager is to invest minimum 65% of the Funds / Assets in Equity and the said investment in Equity can be done in either Large Cap or Midcap or Small Cap Funds , without any limits , as per the market conditions .
Hence as the name rightly suggests , the Fund Manager of a Flexi Cap Fund clearly has more flexibility in choosing the investment avenues , as per the Ups and Downs in the Market .

03/10/2021

Going for an IPO does not mean that LIC is being privatised . It only means that a portion of the Capital will be available for Subscription for the general Investors . By means of the IPO , we can invest in LIC shares . After the listing with Stock Exchange and Registrar Of Companies , there will be more transparency in LIC's Financial Status .