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Source: Live Mint The Securities and Exchange Board of India (Sebi) on Tuesday granted permission to Associations of Persons (AoP) to open demat accounts in their own name. Through demat accounts, AoPs can hold mutual fund units, corporate bonds, and government securities. However, such demat accounts cannot be used for holding equity shares. The new…
Source: Live Mint Read this | Bullrun, bullshit and other market lessons of 2024 The year saw overhyped names crash and underdogs rise. Public frenzy turned bitter for many, while those who moved with precision thrived. As investors look ahead to 2025, here are five resolutions to safeguard capital and sanity in an unpredictable market….
Source: Live Mint Understanding the MTF In an MTF arrangement, the broker essentially provides a loan to purchase securities. The investor pays an initial margin, a percentage of the transaction value, while the broker finances the remainder. The broker holds the units as security and charges interest. Taxability of MTF transaction gains The nature of…
Source: Live Mint “Earn ₹200 crore in 30 years through a ₹5,000 monthly SIP in a smallcap index,” screamed a video on social media. The video rather boldly based the calculations on the 30% annual returns of a Nifty Smallcap 250 index fund over the past five years. While such returns are attractive, they’re not…
