Mutual Funds

I guess thats right, but anyway I have few SIPs remaining. Maybe new SIPs will plan direct. Also, the amount invested are not that big for me, but I guess it will make a difference.
 
Plus many/most are ELSS, so cant switch so easily anyway...
 
If this tax passes through --- then there is also possibility of long term capital gain tax on equity. (it can not be ruled out)

I am hoping this dividend tax is implemented ... so people will slowly slowly realize that this government is more tax hungry then even Congress.

Just because some people are finding loopholes... this government is like " we will punish everyone."

Same happened with demonetization and black money.
 


Good to know. Recently I have started investing in Mutual Funds using Kuvera app. Need to see what Paytm offers.
 
Mutual fund investment should be done DIRECT not via any website.

Otherwise you lose 1 to 1.5% every year. (which go to those website / agents)

You may not notice difference now but after 20 yrs if your target was 1 crore rupees - you could have made 1.1-1.2 crore rupees had you invested in DIRECT plan. (i.e 10 to 20 lakhs extra)
 

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