Discover and read the best of Twitter Threads about #invests
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Global Market Equity Market Cap and YTD Return
MCap YTD Return
World $97942B -19.40%
🇺🇸US $42543B -20.87%
🇨🇳China $10497B -19.22%
🇯🇵Japan $5116B -22.71%
🇭🇰Hong Kong $5034B -17.10%
🇮🇳India $3433B -0.88%
#StockMarket #NASDAQ
MCap YTD Return
World $97942B -19.40%
🇺🇸US $42543B -20.87%
🇨🇳China $10497B -19.22%
🇯🇵Japan $5116B -22.71%
🇭🇰Hong Kong $5034B -17.10%
🇮🇳India $3433B -0.88%
#StockMarket #NASDAQ
🇸🇦Saudi Arabia $3033B 13.79%
🇬🇧United Kingdom $2742B -25.34%
🇨🇦Canada $2737B -14.38%
🇫🇷France $2524B -27.14%
🇩🇪Germany $1805B -34.71%
#stocks #Investment #investing
🇬🇧United Kingdom $2742B -25.34%
🇨🇦Canada $2737B -14.38%
🇫🇷France $2524B -27.14%
🇩🇪Germany $1805B -34.71%
#stocks #Investment #investing
🇨🇭Switzerland $1780B -25.27%
🇹🇼Taiwan $1668B -26.97%
🇰🇷South Korea $1580B -26.56%
🇦🇺Australia $1484B -16.39%
🇸🇪Sweden $855B -41.32%
#Investment #invests
🇹🇼Taiwan $1668B -26.97%
🇰🇷South Korea $1580B -26.56%
🇦🇺Australia $1484B -16.39%
🇸🇪Sweden $855B -41.32%
#Investment #invests
Transmission of #mutualfund units of deceased #investors #investments having a lock-in period?
The Process -
In #mutualfunds #ELSS have a lock-in period of 3 yrs & some of the closed-ended schemes like FMPs have a maturity period concurrent to that of the #fund itself.
The Process -
In #mutualfunds #ELSS have a lock-in period of 3 yrs & some of the closed-ended schemes like FMPs have a maturity period concurrent to that of the #fund itself.
If an #investor who had #invested in an #ELSS passed away immediately after 6 months of #investing, during the lock-in period, actual proceeds are allowed for withdrawal only after completion of 1 year from initial date of units allotted to & not transmission date. @ArthmitraG
When an #investor #invests in FMP, units are aligned to overall tenure of the scheme at a pre-defined rate. Hence when original investor passes away, units get transmitted to the next of kin, but the actual proceeds are allowed for redemption only on/after maturity. @ArthmitraG
