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ET Money

@ETMONEY

Apr 14

We all want extra returns.

So, we evaluated one investment strategy for you.

An investor puts in money every month when markets are at their lowest.

We then compared the returns with someone who does an SIP on a fixed date.

Result: The difference in returns is not much.

A 🧵

It’s impossible for someone to know when the markets will be at their lowest every month.

An #investor has to be very lucky to do this.

But even if someone gets lucky, he or she doesn’t make significantly higher returns.

Let’s take a hypothetical situation.

Say, every month, your SIP is done in #Sensex at the lowest point of the month for 10 years.

Investment period: April 2013 to March 2023.

Your returns would have been 12.19%.

Now, let’s compare it with a regular investor.

Read 7 tweets

ET Money

@ETMONEY

Apr 4

The start of the financial year is the best time to organise your finances.

Why?

Most changes in #tax & investments are implemented from April.

Starting early gives you time to deal with them. But how do you go about it?

Take care of 5 simple tasks (Check image)

A thread 🧵

𝟏. 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐞 𝐎𝐥𝐝 𝐀𝐧𝐝 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐑𝐞𝐠𝐢𝐦𝐞𝐬 𝐓𝐨 𝐒𝐚𝐯𝐞 𝐓𝐚𝐱

We’ve had two tax regimes since 2020–the Old and the New.

Budget 2023 has sweetened the New Tax Regime.

But where can you save the most tax?

There’s a simple way to analyse it. 👇

Picking a tax regime is easier if you know your total deductions and exemptions.

Add all deductions & exemptions you availed last year as a reference.

These include 80C, interest on a home loan, HRA, LTA, etc.

Use the table below to evaluate which regime can save you more tax.

Read 13 tweets

ET Money

@ETMONEY

Mar 31

Which date of the month is the best to do your SIP?

Some say it’s the start of the month.

Some say it’s the last Thu of the month, as markets are volatile due to F&O settlements.

We checked data for the first & last week. The returns were similar.

Is there a better date? A 🧵

We looked at the #NIFTY50 TRI returns for the last 10 years

Over the last decade, there was hardly any difference in SIP returns scheduled on different dates of the month.

Details in the image. 👇

The highest return was 12.07% (on the 24th of every month)

The lowest returns turned out to be 11.99% (9th & 18th)

Overall, there was not much difference, irrespective of the date you picked.

But what about mid-cap & small-cap indices that are more volatile than large-caps?

Read 7 tweets

ET Money

@ETMONEY

Mar 29

A new era is dawning for tax-saving funds.

ELSS won’t help you save #tax from Apr 1, 2023, if you pick the New Tax Regime.

Should you still invest in them for better returns?

After all, they are one of the top-performing diversified equity categories (See image)

A detailed 🧵

ELSS is a tax-saving product. But it also helps you create wealth.

The category has delivered an annualised return of over 15% in the past 10 years.

Hardly any other tax-saving option matches its performance.

There’s one clear conclusion from ELSS’ long-term performance.

Even if you choose the New Tax Regime, you can let your past investments in ELSS grow.

There’s no need to withdraw.

Let’s check if you should continue your investment if you choose the New Tax Regime.

Read 13 tweets

ET Money

@ETMONEY

Mar 15

@SEBI_India

You won’t be able to SELL your #mutualfunds if you haven’t added a nominee to your account.

Starting April 1, 2023, @SEBI_India has asked fund houses to halt transactions for all such investors.

Here’s how to check the status & add a nominee if you haven’t done so already.

A🧵

First, a brief background.

It all started in June 2022.

SEBI asked fund houses to give two options to their investors.

One, nominate a beneficiary for their #investments.

Two, opt out by filling out a declaration form.

The deadline for this is Mar 31, 2023.

If investors fail to provide a nominee or no-nomination form by the deadline, their folios will be frozen.

This means they won't be able to sell or redeem their investment until the necessary details are submitted.

Read 11 tweets

ET Money

@ETMONEY

Mar 13

@bandhanmutual

The 1-year US Treasury paper returns are nearly 5% (see image).

Add 3%-4% rupee depreciation (against the dollar) to this.
Investors could make an 8%-9% return

To let investors make use of this opportunity, @bandhanmutual has launched a new fund

Is it worth investing in?

A🧵

Bandhan MF (erstwhile known as IDFC MF) has launched a new scheme.

The new fund - Bandhan US Treasury Bond 0-1 year Fund of Fund - is now open for subscription & will close on March 23.

Here’s how the fund works 👇

When you buy units of this fund, the fund house takes your money (in rupees) and invests it in overseas funds (after converting it to dollars).

The overseas #funds, in turn, invest in one-year US Treasury bonds.

Where will Bandhan Mutual Fund invest your money? 👇

Read 14 tweets

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