Quantum Mutual Fund :: Subbu's Solutions
Fund Specific Queries
Systematic Investment Plan (SIP)
In the Income Tax Act a new Section 10(34) was inserted some time back (if I am right, it was in the 2016 -2017 Union Budget) which says that dividend received in a financial year, from Indian companies in excess of Rs. Ten Lakhs will be taxed at the rate of 10%. Does this limit of Rs. Ten Lakhs include dividends from equity schemes of mutual funds or only from dividend from companies?
In the recent budget for 2018 -2019, Dividend Distribution Tax at the rate of 10% on dividends paid by equity schemes of mutual funds was introduced.
I would like to know if dividends received in a financial year from equity schemes of mutual funds are totally tax free in the hands of the investor without any upper limit and if not, what is the upper limit to be tax free?
As someone new to stock markets, should I invest now? Will the markets continue rising as I keep hearing from friends?
Would like to know your view on Gold prices, market is at an all-time high and however valuation is too high for Indian stock market which may force markets to fall. Should I remain invested in gold ETF, gold is a strong risk cover and highly liquid asset?
Which one of the investment style is good for better returns i.e., investing directly into a particular midcap stock or midcap fund?
Your view on interest rate difference between US and India and its impact on Indian markets?
How long the bear market will continue?
I want to invest Rs 6 lakh in an instrument which is liquid but safer than stocks and gives better returns than a savings account or a FD. What are your options?
Considering that the market is mostly driven by technicals and FIIs, don't you think you could have earned more profits for through short-term trading in the recent past? - James
I am a 30 year old married male without kids and live with my parents in a house that we jointly own in Delhi. I have 2 rooms that should be sufficient for me for several years to come. Now I have 2 options to invest my monthly surplus money in. Either buy a flat in Bhiwadi or elsewhere or invest in other avenues like stocks, mutual funds, FD's etc. Which option should I choose? I am comfortable with equity investing in general. - Sandeep S Chadha.
Dear Subbu Sir, If I incur a loss in my stocks, can the losses be adjusted against profits from mutual funds?
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