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Restart SIPs, save entry load I have invested in an SIP of HDFC Top 200 since 2005. Do I need to stop and start afresh , so that it does not attract entry load. Kindly advise. -Rashmi With effect from August 1, there is no entry load on any of the funds.Though entry load has been abolished, all the SIPs that had been registered before August 1 will continue to attract the loads. So, it would be a wise decision if you stop
Get out of herd mentality
Upon the advice of many people, I liquidated all my investments to book profits by June-end. I was waiting for markets to correct and now I am cursing all those who gave free advice to book profits.
Taxes on MF investments
How do fund houses charge the various taxes like dividend distribution tax, capital gains tax and securities transaction tax that a mutual fund is subject to? Are these deducted from the returns
Invest in MIPs for 3-4 years
My broker has advised me to invest a lumpsum amount in a Monthly Income Plan (MIP). In the current scenario where interest rates are expected to rise, should I do so? Also, should I invest in |
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