Debt Funds and FMPs- What Now? Part 2- Why Tax Can't be Avoided

Posted by: Uma Shashikant on Sun, Aug 3rd, 2014

This is the full story. There is no real tax arbitrage in a debt fund any more.  SWP or STP, the tax is all the same as long as holding period is less than 36 months.  Read more

Debt Funds and FMPs - What Happens Now?

Posted by: Uma Shashikant on Mon, Jul 28th, 2014

After the amendment to the Finance Bill, debt funds redeemed after July 10 will be subject to new tax rules. What are the choices for investors in FMPs and debt funds?  Read more

Regulatory Arbitrage

Posted by: Uma Shashikant on Mon, May 20th, 2013

Regulatory arbitrage occurs when two sets of rules of regulations create a loophole that can be exploited without violating either law. Market players cleverly use such arbitrage in product design and features until these gaps are reduced or removed. Read more

NPS Returns

Posted by: Uma Shashikant on Thu, May 16th, 2013

PFRDA released a press note showing the returns of the various NPS options for the year 2012-13.  The numbers look better than the PF and PPF returns. However, the methodology used to compute returns and the accounting practices are different, making it tough to compare NPS with these traditional products. Read more

SEBI (Investment Advisors) Regulations, 2012 - A Review

Posted by: Uma Shashikant on Mon, Aug 20th, 2012

SEBI (Investment Advisors) Regulations 2012 have been approved by its Board on August 16, 2012. The SEBI press release on Board meeting decisions provides some highlights of these regulations. What are the likely implications for distributors of mutual fund products? Read more