5 articles
Large cap funds in India invest in the top 100 companies by market capitalization, as defined by SEBI circular SEBI/HO/IMD/DF3/CIR/P/2017/114. These funds typically offer relative stability, appealing to investors seeking a balance of growth and lower volatility compared to mid- or small-cap segments.
LTCG on mutual funds in India refers to profits from investments held over 12 or 36 months, taxed at 10% on equity gains above Rs 1 lakh annually. This guide details the mechanics and calculations.
Understanding the types of mutual funds in India, as per SEBI's strict categorisation, is crucial for informed investing. This framework classifies funds into 37 distinct categories across 5 broad groups, ensuring transparency and aiding investors in aligning with their risk appetite.
Comparing Quant Small Cap Fund and Nippon India Small Cap Fund reveals distinct strategies and risk profiles. For example, direct plans typically offer 0.50-1.10% lower TER, impacting long-term corpus significantly.
The Union Budget 2024 brought clarity to mutual fund taxation, particularly for Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG). This analysis details the current tax structure, including the 10% LTCG on equity above ₹1 lakh and slab rates for debt funds post-April 2023, offering investors a precise understanding of their tax liabilities.