Aaditya Chhajed, CA, CFA

There are 7 ways to invest in gold. Which one suits you? Have a look. Please read this post in horizontal screen mode. To view the below chart in 1 page PDF format  click here Parameters Sovereign Gold Bond Physical Gold PayTM Gold/ HDFC SafeGold Gold ETF Gold Mutual Fund Multi-Asset Mutual Fund   Investment Limit Min 1 gram; Max 4 kg in a year for an individual No limit No limit Min 1 gram Min INR 1000 Min INR 1000 Asset   Gold Gold Gold Gold Gold Equity + Debt + Gold Returns Higher due to interest As per gold price As per gold price As per gold price As per gold price As per equity, debt and gold value Interest on investment 2.5% per annum Nil Nil Nil Nil Nil GST on Purchase   Nil 3% applicable 3% applicable Nil Nil Nil Tax Collected at Source (TCS) on Purchase Nil 1% over 2 lakh 1% over 2 lakh Nil Nil Nil Income tax Long Term Capital Gain exempt; interest taxable   Long Term Capital Gain after 3 years Long Term Capital Gain after 3 years Long Term Capital Gai...

Fortunes are made coming out of recessions. Fortunes are made coming out of recessions. Fortunes are made coming out of recessions. Fortunes are made coming out of recessions. Fortunes are made coming out of recessions. ...and you won't have to nail the bottom. This post might actually make you a fortune. Remember how everyone in 2010-2019 wished they had invested in the market during the global financial crisis in 2008? Well, for those who missed it, you are getting a second chance now. Fortunes are made in bear markets for those willing and able to look past the pandemic. Business disruptions: Many businesses are getting disrupted in this crisis. It's no coincidence that half of the Fortune 500 and fastest-growing companies in the world were started during a recession or bear market. I feel this time is no different; strong companies will come out stronger, far bigger, better, and creating much more wealth than in the past.  Lessons from history: The historical lesson of ever...

It's only when the tide goes out that you learn who's been swimming naked.  In an unprecedented move, due to dramatic illiquidity in certain segments of the corporate bonds, on 23rd April 2020, Franklin Templeton Mutual Fund announced winding up of six debt fund schemes as follows: Scheme Assets as on 31 Mar 2020 (in Crore) Franklin India Low Duration Fund 2,737 Franklin India Ultra Short Duration Fund 13,158 Franklin India Short Term Fund 7,093 Franklin India Credit Risk Fund 4,434 Franklin India Dynamic Accrual Fund 3,119 Franklin India Income Opportunities Fund 2,506 Total 33,048 Above debt mutual fund schemes are short and medium-term schemes. These schemes are a good substitute for funds lying idle in current and savings bank account of corporates and individuals.  Sub-categories of debt schemes:  Overnight Fund Liquid Fund Money Market Fund ...

Success exists in every field of investing. Right from real estate to equities. In India and across the globe. There are two categories of investors (both in equities and real estate): who have made a lot of money who are stuck with a lot of money One thing which is common in everyone who has made a lot of money is that they stick to their circle of competence (i.e. what you really know). Warren Buffet's take on the circle of competence: Every year Warren Buffet writes a letter to the shareholders of Berkshire Hathaway. In 1996, in his letter, he wrote: Intelligent investing is not complex, though that is far from saying that it is easy. What an investor need is the ability to correctly evaluate selected businesses. Note that word "selected": You don't have to be an expert on every company or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundarie...