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ET Money

@ETMONEY

Oct 1, 2020 • 11 tweets • 6 min read • Read on X

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#ETMONEY has been leading the charge in providing the most seamless MF investing experience. And now after 4 years & 11 million transactions, we wanted to look at how #Indians are investing and what changes have happened in these 4 years. Time for India Investment Report #2020

First up - The tale of States. While Maharashtra sits pretty on top in the list of top contributions by value, Uttar Pradesh, a relatively less obvious state takes second spot. We're proud to have made investing accessible to Indians in every nook & corner of this vast country🙂

In the second part of this tale of states, we analyzed Equity Allocation from each state. And this time it was the smaller states that came on top. That’s because as awareness about #MutualFunds grow, people from states like J&K are latching onto equities🥳

Next up, the #topcities. Metros continue to lead the charge here but non-metros are catching-up & fast. #Patna, #Lucknow, and #Jaipur are now in the top 10 cities and at this rate will overtake #Chennai very soon. In fact, over 55% of ETMONEY investors today are from non-metros👍

Our un-jargonized approach is democratizing investing at multiple levels. The percentage of women investors on ETMONEY has gone up from 9% to over 19% in the last 4 years. And the best part, they have near-perfect portfolios! 💃💃

Another heartening thing is that even the younger generation is getting on the bandwagon of investing and saving, thanks to this ease. The number of under 36 investors and their value share has gone up in the last 4 years📈

We all want the secret sauce that can help us succeed as investors! 🪄🪄 We (sort of) found it. A mix of ELSS Funds, Large Cap Funds, and Multi-Cap Funds had the major allocation in portfolios of ETMONEY’s top 25% investors.

Another investing behavior that is helping ETMONEY users earn better returns is #AssetAllocation. They invest in categories other than equities and regularly rebalance by exiting equities. To help them, we send periodic portfolio health checks 🩺

This behavior of having a balanced portfolio and rebalancing meant most ETMONEY users had a positive investing experience through the years despite tough market conditions 🚀🚀

The next thing is where Indians need to do better. Looking at what percentage of salary Indians are investing, we saw increasing income is not leading to increase in investments. Not investing enough is as harmful as not investing at all. So give your investments a yearly raise💰

Lastly, from SmartDeposit to automated alerts to portfolio health checks, we have done quite a bit to help India invest right. And this report is a testament to how our efforts are making difference in the lives of Indian investors 🙏

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More from @ETMONEY

ET Money

@ETMONEY

Feb 13

India’s 64-year-old Income Tax law is getting a complete makeover.

A new Bill promises a simpler and more modern tax system.

There are 6 big changes. Let’s have a look. 🧵👇

Before discussing the changes, let’s first talk about what has NOT changed.

The old tax regime is NOT being abolished.

You can still choose between the old & new regimes.
And no new taxes are being introduced.

The bill is about simplification, not increasing your tax burden.

1. INTRODUCTION OF "TAX YEAR"

Currently, we have two separate terms—"Previous Year" and "Assessment Year."

The Previous Year (PY) is when you earn your income.
The Assessment Year (AY) is the year after that when you file taxes.

This often confuses people.

Read 14 tweets

ET Money

@ETMONEY

Feb 12

Hexaware Technologies is making a comeback to the Indian stock markets with a massive ₹8,750 crore IPO.

This is the biggest IT services listing since TCS in 2004.

Should you consider subscribing?

Let’s find out🧵

Hexaware was delisted in 2020 by its previous owner, Baring PE Asia.

A year later, Carlyle Group acquired the company.

Now, Carlyle is taking it public again.

We will discuss 4 key aspects in this analysis:

-Business model
-Financials & valuations
-Key IPO details
-Key challenges

Let’s start. 👇

Read 13 tweets

ET Money

@ETMONEY

Feb 8

Stock splits and bonus issues both increase the number of shares you own.

But why does a company choose one over the other?

And what does it mean for investors?

We break it down. A🧵

Let’s start with stock splits.

A stock split is when a company divides its existing shares into smaller units.

Mathematically, this should lower the price of each share but keep the total value of your holdings unchanged.

It is like taking a ₹200 note and exchanging it for two ₹100 notes.

You still have the same amount of money, but now in smaller denominations.

Let’s break it down with an example.

Read 19 tweets

ET Money

@ETMONEY

Feb 7

The RBI just slashed the repo rate by 25 bps to 6.25%—the first rate cut in nearly 5 years.

But buried in the announcement were 3 important updates no one is talking about.

Let’s break them down. 🧵👇

1. RBI’S BOND TRADING PLATFORM MADE ACCESSIBLE

The RBI and the government have been trying to expand India’s bond market for years.

Both have taken several measures to increase retail investor participation.

In Nov 2021, for example, RBI launched the Retail Direct platform.

In May 2024, they offered this service through an app, making it easier for investors to buy government bonds straight from their phones.

Now, the central bank is taking it a step further.

Read 9 tweets

ET Money

@ETMONEY

Feb 3

Taxable income: Rs 12 lakh → Tax: Rs 0

Taxable income: Rs 12.1 lakh → Tax: Rs 61,500

It would be unfair if you lose a lot in taxes for earning slightly more than Rs 12 lakh.

That’s why there is marginal tax relief.

What is it? How does it help? A🧵

First, some basics.

Your income tax is calculated slab-wise.

For example, say your taxable income is Rs 12.1 lakh.

You won’t pay a flat rate of tax on this.

Here’s how the tax is calculated. 👇

Here’s how your tax will be calculated:

Rs 0-4L: You pay zero tax

Rs 0-8L: Pay Rs 20,000 (5% of Rs 4 lakh)

Rs 8-12L: Pay Rs 40,000 (10% of Rs 4 lakh)

Rs12-15L: Pay Rs 1,500 (15% of Rs 10,000 lakh)

If you add all this, your total tax is Rs 61,500.

Isn’t it unfair?

Read 9 tweets

ET Money

@ETMONEY

Feb 1

Budget 2025’s Big Announcement:

If your taxable income is up to Rs 12 lakh per year, you pay ZERO tax.

But then, why do we still see tax slabs below Rs 12 lakh?

What is the use of these slabs?

How does it impact you? A 🧵

#Budget2025

If your taxable income is up to Rs 12 lakh, your tax liability is zero.

But what if your salary is more than Rs 12 lakh?

Then, these tax slabs come into the picture.

And different portions of your income are taxed at different rates.

Example. 👇

Say your taxable income is Rs 15 lakh per year.

Here’s how your tax will be calculated:

0-4 lakh: You pay zero tax

4-8 lakh: You pay Rs 20,000 (5% of Rs 4 lakh)

8-12 lakh: You pay Rs 40,000 (10% of Rs 4 lakh)

12-15 lakh: You pay Rs 45,000 (15% of Rs 3 lakh)

Read 12 tweets

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