#15*15*15 rule of mutual fund

[personal-finance8]

Reach 1 CRORE through SIP I 3 Strategies

MAKE 1Cr with 15K investment I 15-15-15 Rule of Mutual Funds

An SIP or systematic investment plan is a popular and effective investment strategy to build wealth.

Many investors think in terms of 1 crore SIPs as their goal which I will discuss in this video about various SIP combinations that can help you achieve your financial goals especially that 1 crore Mutual Fund goal.

Wealth-building is a combination of three factors 1) the capital you put in i.e. our monthly SIP investments, 2) the return or yield we receive on our investment and 3) the time we give to these investments to compound

Now, the famous thumb rule for 1 crore SIP is the 15-15-15 i.e. invest 15,000 rupees every month, in an instrument that gives 15% returns per annum and to do it over 15 years. Effectively you have a 1 crore Mutual Fund plan for 15 years.

But then, there are more such combinations such as

a) you can look at 20-12-15 i.e. invest 20000 a month at 12% return for 15 years and you still create a wealth of 1 crore rupees

b) you can also try a 10-12-20 i.e. a monthly SIP of 10000 rupees in a mutual fund giving 12% returns and for a period of 20 years. So now you have a 1 crore SIP plan for 20 years

I'm certain this video on how to earn 1 crore through SIP will be helpful to you whether you are a noob investor or a professional one and you will be able to use it in building your own investment portfolio and in tracking your progress.

[just-late-roman-republic-things]

Common Misconceptions About the End of the Roman Republic

Julius Caesar was not born by Caesarean section. Romans only performed that procedure on dead mothers, and Caesar's mother definitely lived another 40+ years.

Julius Caesar was almost certainly not Marcus Brutus' father. He was only 15 years older than Brutus, and Servilia was married to someone else.

Caesar's electoral campaign for 59 BCE was funded by his intended co-consul, Lucius Lucceius, not by Crassus. Although Crassus probably loaned Caesar money at other times.

It is not clear whether Caesar and Pompey used armed intimidation to get their legislation passed in 59 BCE, as neither of them had an army at this time, no contemporary source charges Caesar with political violence during his consulship, and only some of their proposed bills actually passed. See Robert Morstein-Marx's Julius Caesar and the Roman People for more.

Caesar was not an ideologue or demagogue, nor was his legislation particularly radical or populist. He was neither a "voice of the working man" nor a fascist. However, the methods he used to get what he wanted, and his refusal to back down at critical moments, were controversial and sometimes illegal.

Caesar was probably not behind the Vettius affair, considering that Vettius had previously attempted to get Caesar killed.

Caesar was also almost certainly not a member of the Catilinarian conspiracy; in fact, he assisted Cicero's investigation of it.

The "first triumvirate" was not an official group in the same way the second triumvirate was, nor did it overwhelmingly dominate Roman politics. Most of the triumvirs' legislation failed after the first half of 59 BCE, and most of their electoral candidates were unsuccessful.

Caesar didn't conquer all of Gaul, since the Romans already ruled the southern coast and Cisalpine Gaul.

Caesar landed on Britain, twice, but did not conquer it.

The Gauls were not "savages," but a diverse and sophisticated collection of tribes with their own agriculture, political systems, artwork, trade networks and more.

Caesar's Gallic Commentaries are mostly reliable for concrete events and dates, but less so for distances, troop numbers, and people's motivations. The Civil War Commentaries are even more biased.

There was probably no serious threat of Caesar being prosecuted if he entered Rome without imperium. His conquest of Gaul had been highly popular (with the Romans) and his laws had been repeatedly upheld by the Senate. See Morstein-Marx again.

Caesar did not go to war "against the Senate" or "against the republic." The Caesarian and Pompeian factions in the Senate were roughly equal in size, and the overwhelming majority of senators preferred peace over either one.

Caesar did not say "The die is cast" or any variant of it while crossing the Rubicon. He had already sent troops into Italy, and the Senate had begun military action against him over a month before.

The civil war of 49 BCE was caused by a mutual breakdown between Caesar, Pompey, and other factions in the Senate, not solely by one man.

Caesar and Pompey's falling-out was not caused by the death of Crassus or Caesar's daughter Julia, which happened years before any evidence of a rift appeared.

Most of the Pompeians were not fighting "for the republic," and Cicero expected a dictatorship to occur no matter which side won.

Caesar was not the first dictator of Rome, or even its first dictator for life; the first dictator for life was Lucius Cornelius Sulla in 82 BCE.

Caesar also wasn't the first Roman general to march on Rome. That's Sulla again, or possibly Coriolanus if you believe he was real.

There is no evidence that Roman armies considered themselves more loyal to their commanders than to the republic until very, very late in Caesar's civil war, when we first hear of soldiers calling themselves "Caesarians" in Spain. Caesar, Pompey, Marius, and Sulla all had to argue their political legitimacy to their troops before they could make them fight other Romans. See Erich Gruen's Last Generation of the Roman Republic for details.

Caesar was killed in the Theater of Pompey; the Senate house had been burned down years before.

Caesar's last words are unknown, although classical sources suggest "Kai su, teknon?" (You too, my son?), "Casca, what are you doing?" "Why, this is violence!" and silence as possibilities.

Caesar is not usually categorized as an emperor by modern sources, but some ancient writers like Suetonius did.

Augustus was not born in August, but in September.

Octavian never went by Octavian. First he was Gaius Octavius (Thurinus), then Gaius Julius Caesar (Octavianus), then added "Divi Filius" and "Augustus" and eventually replaced the first two words with "Imperator."

Cleopatra probably was not killed by a snakebite. She had much more reliable and less painful poisons available.

Cleopatra was not the last pharaoh of Egypt. The last native Egyptian pharaoh was Nectanebo II, the last Ptolemaic pharaoh was Caesarion (Ptolemy XV), and the last Roman emperor recognized as pharaoh was Maximinus Daza.

Augustus' reputation as a coward comes from his enemies. He fought numerous battles throughout his career, including the two he was accused of ducking, Mutina and Philippi. (He fought in the second confrontation for each one.)

Augustus didn't declare himself ruler of Rome. Although he was de facto the ruler, he was officially just "the first citizen" (princeps), a concept that long predated him.

Although initially patricians were the aristocratic class, by the late republic they made up only a minority of the aristocracy; the rest were wealthy plebeian families.

The Senate could not pass laws on its own during the late republic; its legislation had to be ratified by the People's Assembly.

The Roman government was not as democratic as most modern republics, with much less of the population represented, but it did have some popular influence on government policy, and public demonstrations and protests were common.

Roman politicians do not fit into modern political movements like socialism, fascism, or liberalism, or into stable parties like democrats or republicans. Roman politics was driven mainly by personal alliances and rivalries rather than by ideologies.

Although the "Roman empire" is sometimes used to refer to the period when Rome had emperors, Rome had an empire-like system of provinces, conquest, and tribute as early as after the First Punic War in 241 BCE. Julius Caesar and Augustus initiated a change in how Rome was governed, but they did not create Roman imperialism.

Roman women played an active role in politics, particularly in coordinating marriage alliances, communication networks, advocating on behalf of their families, public protests, and diplomatic negotiations behind the scenes.

The late republic was very ethnically and religiously diverse, with many Roman citizens descended from Greeks, Africans, Gauls, Jews, Iberians, and other groups. Mixed marriages and multilingualism were common.

Romans did not categorize sexuality by gender attraction, and most Roman men would not have identified as what we now call heterosexual. See Roman Homosexuality by Craig Williams for details.

Most famous Roman monuments, like Trajan's column and the Colosseum, date to after republican times. During Cicero's era the city was mostly brick and wood.

Historians do not agree on why, or when exactly, the republic "fell." Not all of them believe it was "doomed," either. It's likely that many connected factors, and random chance, played a part.

Suggested sources for learning more:

SPQR: A History of Ancient Rome, by Mary Beard

Cato the Younger: Life and Death at the End of the Roman Republic, by Fred Drogula

Cicero: The Life and Times of Rome’s Greatest Politician, by Anthony Everitt

Augustus: First Emperor of Rome, by Adrian Goldsworthy

Julius Caesar and the Roman People, by Robert Morstein-Marx

Historia Civilis

The History of Rome podcast by Mike Duncan

Everything on my recommendations page

[happilyfeatherafter]

Happilyfeatherafter’s ficrec Fridays

Back back back again, and I don't know guys, I think we should all just totally stab Caesar! Welcome back to a new fortnight of fics that I’ve read and loved recently.

If you want to find more you can see my previous rec lists here!

15 March 2024

Are You Writing From the Heart? by  @luckshiptoshore is now complete!! Congrats Luck! Full disclosure, Luck is one of my very best friends, but that just means I know not only how much of a talented fic writer she is, but also how much of her heart and soul she poured into writing this love letter to queer storytelling, season 4 Destiel as a romcom, meta text (and subtext), and finding out who you really are when society and your upbringing is fighting against you. Castiel is a ghostwriter for L.S. Shore's Supernatural novels about Neal and his brother. Caught in a storytelling rut, Cas finds himself adding the fallen angel character of Bel...what could possible go wrong? Meanwhile at his local writing coffee shop spot, he meets the handsome stranger Dean who is an up and coming standup comedian and Supernatural fanboy. They because firm friends, but that's definitely it because Cas is straight....right?! Following these two dummies as they FAIL TO USE THEIR WORDS is a total joy, as Luck's humorous and emotional writing paired with her eye for detail is so very on point, and I'm so excited more people will finally get to read this story in full.

Baker Six by komodobits because !!!!!!!!!!!!!!!!!! I cannot tell you how goddamn excited I was to get this email notification and finally be back in 91w world, and to witness these early stages of Dean and Cas' relationship through Dean's eyes at last. This barely needs a rec because it's THEE 91w Dean, but komodobits hasn't missed a beat in getting back inside their heads and I was once again swept away by this iconic love story against the odds. Head the trigger warnings as always, this is truly on the front lines as a medic in a war zone. Baker Six was written for the very good cause of the fandom Palestine fundraiser, in support of the Palestine Children’s Relief Fund. Please donate if you can!

Truth & despair by @shallowseeker was a recent discovery and such a fascinating read! It's set in a post-15x18 verse, but importantly it features a fun Sam narrative perspective that delights in his lens by...being a bit of an unsympathetic oblivious dummy (affectionate). I really appreciate a crunchy Sam characterisation and oooboy does this pay off. Dean is steeped in his grief for Cas, and Sam is oh so concerned. He reaches out to Mia Vallens to understand his own grieving, and that leads to him making a discovery...Dean's memories of Cas' death aren't what he claims happened. With the unwelcome reappearance of Chuck (he lost...didn't he?) and LITERAL sinkholes appearing in the fabric of the universe, can they figure out what's happening to save Cas and save the world? This wip plays with physics, theology and narrative fuckery in such intriguing ways. I can't wait to see how it wraps up in the next two chapters.

The Leap by @friendofcarlotta started reading this one when Tina reshared it on Leap Day...because of course. I'd actually read it before but it more than lived up to the reread. 'Castiel Krushnic is a police officer in Soviet-occupied East Berlin. He is also gay, in a city where that’s a dangerous thing to be. One night, he meets Dean Winchester, a mechanic from the American sector. Their mutual attraction is instant, and a convenient hookup quickly turns into a passionate love affair that defies all rules and expectations.' Meticulously researched, emotional, heartrending and thought provoking. I highly recommend taking the leap on this fic!

See you in two weeks and OMG it's @deancaspinefest time!!!! I'm so excited *clears calendar*

Tag list under the cut - let me know if you'd like to be added to be notified of future recs!

@dean-you-assbutt-cas-loves-you

[lol-jackles]

I love your insights and agree that Jensen’s deal with Amazon seems to fit more like a actor’s holding deal. If I understand how those work, it’s where the studio pays the actor a salary for a year to hold them to try and find a role for him/her in a tv show or movie. Is that correct?

You’ve said Amazon doesn’t pay actors very well, so what is your guess to Jensen’s salary that Amazon is paying him? (Is that how he was able to afford a $10million mansion in Connecticut?)

Do those work like typical salaries (weekly/monthly) or because it was also tied to his production company, was that annual salary paid to him in an upfront sum with hopes the ackles would use the money to develop a project?

given the strike, the ackles cannot develop anything, do they have to refund any money back to amazon?

Thank you and yes, in typical holding deals the actor will receive a salary for at least one year while the studio finds a suitable project for them. Similarly, Jensen would get paid X amount of dollars for the term no matter what. He would get a check every month that comes out of the millions in his deal, this will go to pay for overhead of running Chaos Machine, including employee salaries., office space, etc. So any advanced money the Ackles received is their's to keep even if there are no project(s) for Amazon's original programming.

With that said, I highly doubt that the CMP received the typical starter $10 million for production overheads as the deal was to hire Jensen for his acting (and his fandom). Jensen may have received $1 million in retainer fee instead.

As for the Ackles' ~ investment in Connecticut, he's going to sell that house in a year or two to an Irrevocable Life Insurance Trust, then use the “sale” and the equity in the CT house to buy another house, just like he did with the Colorado house that was brought when he sold the Austin lake house (at half the market value) to the same trust. For example, if the Ackles put down at least 20% for the lake house, when the property’s value goes up by 20% (and it will), the Ackles have now made a 100% ROI and that’s before considering rents and tax write offs. Then when the houses like the lake house is sold for real in 10, 15, or 20 years, it will be sold at it's actual market price. It's a classic use of these types of trusts to make money by reaping the actual profit from the real sale and on top of the previous profit when the house was first sold into the trust. 

Jensen can easily never work again in his life just by living off his net worth, which I’ve speculated to be 20-25 million dollars and if he invest conservatively his net worth will double in ten years. While he's ~investing in real estates, I suspect his main source of passive income comes from investing in target-date funds, they’re a mix of stocks, bonds, and alternative assets and probably in a collection of mutual funds. If Jensen keeps to the common rule of withdrawal limit of 4%, he’ll have at least $1 million fuck-you money every year, more than enough to cover property tax and he and his family will be comfortably wealthy for the rest of their lives without working. But men need to work, hence why he pitched to WB the ideal of continuing SPN after Jared leaves.

@supernaturalconvert techically the trusts own the houses, and the people currently living at the lake house are paying rent to the "beneficiaries", which are the Ackles.

[brexiiton]

UK terror attack survivors warn politicians over anti-Muslim hate

By Arab News 10 Mar 2024 13:35

A photograph taken on March 22, 2022 shows a wreath of flowers laid on Westminster Bridge in front of Palace of Westminster, home to the House of Parliament and House of Lords, in London, to mark the fifth anniversary of the Westminster Bridge terror attack (AFP)

London: A group of more than 50 survivors of Islamist terror attacks in the UK have signed an open letter warning politicians against tarring British Muslims as extremists.

The letter against anti-Muslim hate was coordinated by Survivors Against Terror, a network of people in the UK and British people overseas who have been affected by terrorism.

Signatories include Rebecca Rigby, the widow of Lee Rigby, a soldier who was stabbed to death in London in 2013, as well as Paul Price, whose partner Elaine McIver was killed in the 2017 Manchester Arena bombing.

The letter reads: “To defeat this (extremist) threat the single most important thing we can do is to isolate the extremists and the terrorists from the vast majority of British Muslims who deplore such violence.

“In recent weeks there have been too many cases where politicians and others have failed to do this; in some cases equating being Muslim with being an extremist, facilitating anti-Muslim hate or failing to challenge it.”

The signatories say defeating Islamism and extremism should be a “national priority” and they are “only too aware” of the threat posed by terrorism.

But they are saddened by a series of controversies in which major political figures in the UK have conflated Islam with extremism.

Last month, the former deputy chair of the governing Conservative Party, Lee Anderson, was suspended after claiming that Islamists had “got control” of Sadiq Khan, London’s first Muslim mayor.

Suella Braverman, the former home secretary, also faced controversy after warning that “the Islamists, the extremists and the antisemites are in charge now,” referring to pro-Palestine protests that have taken place in London amid the Gaza conflict.

Their comments are “playing into the hands of terrorists,” signatories to the letter believe.

Darryn Frost, who fended off a terrorist who had killed two people near London Bridge in 2019, said: “I think it’s dangerous when any of our leaders marginalise communities and paint a very broad brush.

“People need to consider the power of their words because they have the power to incite further hatred.”

The letter is being published ahead of the fifth anniversary of the Christchurch mosque killings on March 15.

The attack, carried out by a far-right terrorist, led to the murder of more than 50 Muslims in the New Zealand city.

Brendan Cox, co-founder of Survivors Against Terrorism, said: “Anyone using the issue (of extremism) to seek tactical party advantage risks undermining that consensus and making our efforts less successful.

“The message from survivors of attacks is clear: you can play politics all you like, but not with the safety of our country.”

Among the 57 signatories is Magen Inon, whose parents were killed during the Oct. 7 Hamas attack on Israel.

The letter coincides with UK government plans to update the official definition of extremism, which will allow authorities to suspend ties or funding to groups found to have exceeded the new definition.

Currently, extremism is defined by the government as “vocal or active opposition to fundamental British values, including democracy, the rule of law, individual liberty and mutual respect and tolerance of different faiths and beliefs.”

Communities Secretary Michael Gove, who is leading the change, has claimed that pro-Palestine marches in London have included groups who are “trying to subvert democracy,” and that some pro-Palestine events have been organized by “extremist” organizations.

[aphrodijin]

Hello, everyone, welcome to my commission page! I decided to take writing commissions as i'm jobless and in need of financial help for my dental care funds (at least $360). If you're curious about my situation, you can read my donation post here ♡

◇ BASIC RULES & INFO

◇ slots open: 5

fandoms & pairings: BTS - I write member x reader/OC and member x member. I'm also open to writing Enhypen (all members for sfw fics, but only hyung line for 18+ fics), TXT, Jujutsu Kaisen, Percy Jackson series, Spy x Family, or whatever OC x OC fics you have in mind.

genre: I can write angst, fluff, slight yandere, smut. We can discuss the tropes and aus you want and if it's doable or comfortable for me to write in my DMs! Please, don't hesitate to ask.

pricelist:

500 words - $4

1000 words - $7

1500 words - $10

2k-2.5k words - $15

anything past 2.5k words will be additional dollar per 100 words.

payment methods: I have ko-fi, paypal (i would appreciate it if you could choose send to friends & family or pay the paypal fees), and gcash. I will be taking payments after we discuss your commission and come to a mutual agreement. There will be no refunds as I said, I'm doing this for my dental care. But I will be offering revisions if there's something you didn't like.

how to commission: You can reach out via DMs, and I'll get back to you asap.

◇ I'll do my best to finish the commissioned work within 2-4 weeks, depending on the length and if I have other commissions too. I hope you'll be patient with me please.

◇ Once you've received the commissioned work, please do not take credit and post it anywhere online. I hope you'll respect me as a writer.

◇ If you have any more concerns and inquiries that I didn't cover here, please don't hesitate to reach out to me via askbox or my DMs!

I hope you'll support me by commissioning me or reblogging this and my works. Thank you so much and have a great day! x

[aemondtragaryen-archived]

15 Questions 15 Mutuals

thanks for tagging me @ohhstark 🫶🏻

Rules: answer the questions and tag fifteen mutuals

1. Are you named after anyone?

Nope!!!

2. When was the last time you cried?

Oh I think when I watched hotd ep10 which was like sometime in November? I don’t cry a lot unless it’s some kind of fiction tbh

3. Do you have kids?

No!!!

4. Do you use sarcasm a lot?

Nah, I’m not really sarcastic 😭

5. What’s the first thing you notice about people?

I would say either hair or their sense of style like what they’re wearing.

6. What’s your eye colour?

Green!

7. Scary movies or happy endings?

Happy ending I don’t like horror at all

8. Any special talents?

I can write and I’d say very well both academically and creatively which is rare. Writing IS a talent to me

9. Where were you born?

the US :((( yeah I know

10. What are your hobbies?

Reading, baking and WRITING most of all. I’ve really gotten back into fic writing the last few months because of hotd so that’s my number 1 hobby rn

11. Have you any pets?

i have a pet cat that I’ve had for a long time and I have three rats with my roommates. they are my whole world

12. What sports do you play/have played?

I played soccer (or as my roomie always corrects me, football lol) but I quit when I started high school 🫠

13. How tall are you?

5’4

14. Favorite subject in school?

History of course 🥰 always loved English too

15. Dream job?

Full time author 100% if not that something in editing and publishing. but also trust fund and nepo baby (I would KILL THIS ROLE. Give it to me)

no pressure tags @eohwyyn @inejghcfa @1800-fight-me @runningmunson @l-adysansa @poeticheroine @buckysbarnes @harwinstrongwife @rhaenyradaenerys @queenmotheralicunt @kingsroad @saws2004 @margaritalaux-antille @alicenthightowr @hightowres and literally whoever wants to do this

[mycupofstars]

Rules: answer the questions and tag fifteen mutuals

Thank you @spookylestat for tagging me!

1. Are you named after anyone?

My first name no but I have two middle names bc my parents said “her middle name should be after her grandmother” and each assumed for 9 months that it would be their own mother’s name and it turned into a huge deal 

2. When was the last time you cried?

I absolutely cannot remember but it was almost definitely over a movie 

3. Do you have kids?

I do not! My gf has 6 she has this covered for both of us 

4. Do you use sarcasm a lot?

Nooooooo of coooooourse not neeeeeever

5. What’s the first thing you notice about people?

Queer vibes or lack thereof

6. What’s your eye colour?

Blue 

7. Scary movies or happy endings?

Scary movies all the way

8. Any special talents?

9. Where were you born?

Michigan

10. What are your hobbies?

Books, sewing, cooking/baking, music, tea (I have a journal of different blends I’ve tried + collect teaware)

11. Have you any pets?

Cal the orange himbo bastard cat and Junebug the chill liquid tortie cat

12. What sports do you play/have played?

In college we tried to get our theatre department rebranded as a sports team with the argument that we might actually receive funding from the school then

13. How tall are you?

5’2 

14. Favorite subject in school?

English

15. Dream job?

Author for most of my life, and I actually really wanted and attempted to seriously pursue being a mortician also 

I am  tagging @bookgeekgrrl, @lena221bee, @eatingmoonflowers, @bayoubodycount, @bethnoir-fic, @dodgeandburnt, @mathcat345, @twinbell, @saphire-dance, @onemoresoultothecall, @curiousthimble,  @onionowlwatchingu,  @volevourlarequellochesentivo,  @ultra-trash-nerd,  @bespokecats, @ahundredbutterflies

[swarajfinpro236]

The 15-15-15 Rule: Your Key to Long-Term Wealth Creation

Have you seen a video of a snowball rolling downhill? It often starts small, but as it gathers speed, it picks up more and more snow, growing bigger and bigger. That’s the magic of compounding, the core principle behind the powerful 15-15-15 rule for mutual fund investing.

What is the 15-15-15 rule?

It is a simplified way to understand how consistent investing and long-term returns can help you accumulate a significant corpus. Here’s the breakdown:

Invest Rs. 15,000 per month: This is your fixed monthly investment amount through a Systematic Investment Plan (SIP) in a mutual fund scheme.

Invest for 15 years: Discipline and consistency are key. By sticking to your SIP for 15 years, you allow your money to grow steadily.

Earn a 15% annual return: This is an estimated average annual return that equity mutual funds have historically delivered in India [source: Value Research]. It’s important to remember that past performance is not a guarantee of future results, but it gives you a benchmark.

Following the rule, with these assumptions, you could potentially accumulate around Rs. 1 crore in 15 years. That’s a powerful example of how even seemingly small contributions can grow significantly over time.

Why is it so effective?

The secret here is compounding. Just like the snowball rolling downhill, your returns are not just on your initial investment, but also on the gains you’ve made earlier. It’s like earning interest on your interest. The longer you stay invested, the greater the compounding effect.

Here’s a real-world analogy: Let’s say you save Rs. 100 every month and put it in a piggy bank. That’s good, but it won’t get you very far. But, if you invest that Rs. 100 in a mutual fund SIP and earn a 15% annual return, it’s like the piggy bank magically starts generating its own money! Over time, the accumulated interest can become much larger than your initial contributions.

The power of long-term investing

The 15-15-15 rule highlights the importance of long-term investing. By starting early and staying invested for a long period, you ride out market fluctuations and benefit from compounding. Even if the market goes down in some years, you have time to recover and potentially see your investments grow again.

Getting started with the 15-15-15 rule

Here’s how you can put the rule into action:

Choose the right mutual fund scheme: Do your research and select a diversified equity mutual fund scheme that aligns with your risk tolerance and financial goals.

Set up a SIP: A Systematic Investment Plan allows you to invest a fixed amount regularly, inculcating discipline and potentially averaging out the cost of investment over time.

Stay invested: Don’t panic if the market dips in the short term. Focus on your long-term goals and avoid making impulsive decisions.

Remember, that it is just a starting point. You can adjust the monthly investment amount based on your financial situation. The key takeaway is to invest consistently for the long term to harness the power of compounding and grow your wealth with mutual funds.

Swaraj Finpro, the Top Mutual Fund Distributor can help you get started on your investment journey. We offer a wide range of mutual fund schemes and can help you choose the ones that are right for you.

Note: Not all mutual funds are created equal, and past performance is not a guarantee of future results. Carefully consider your risk tolerance and investment objectives before investing.

[yogeshsarade]

Capital Gains on Stocks, Mutual Funds & House Property

What is Capital Gains Tax?

Simply put, any profit or gains that arises from the sale of a “capital asset” is known “income from capital gains.” Such capital gains are taxable in the year in which the transfer of the capital asset takes place. This is called capital gains tax.

The rate of tax depends on whether it is a long-term capital gain (LTCG) or short-term capital gain (STCG).

But how do we decide whether the gain from the capital asset is long-term or short-term, and how the gains should be treated?

Holding Period for LTCG and Exceptions

The basic definition of long-term capital gains as per the Income Tax Act is any capital asset that has been held, at least, for a period of 36 months. However, there are certain exceptions to this rule.

There are some assets that are not classified as capital assets and hence are free of capital gains tax. This includes business inventory, household & personal effects, agricultural land in rural India, Gold Bonds 1977/1980, National Defence Gold Bonds 1980, Special Bearer Bonds 1991, Gold deposit scheme 1999 and Gold Monetization Scheme 2015. Here, the question of capital gains does not arise.  

There is one asset class with a long-term asset classification of 24 months i.e., immovable properties like land, building and house property; effective from FY2017-18. This is only applicable for properties sold after 31-03-2017. Such assets would be classified as long-term asset if held for more than 24 months.  

There is a specific set of assets where the definition of long-term capital gains is holding period of 12 months or more. This includes equity and preference shares of listed companies, listed debentures, equity oriented MFs of SEBI registered AMCs and zero-coupon bonds, whether listed or not. In all these cases, any holding above 1 year will be treated as long term capital gains.

The above assets are the exceptions. Apart from these, all the other assets will be subject to long term capital gains tax if held beyond 3 years, but subjected to short term capital gains tax if held below 3 years.

How are equities taxed?

There are multiple levels of taxation of capital gain in equity. When you invest in equities, you earn income from dividends, capital gains and from buyback of shares.

In the past, the dividends were initially exempt, later there was the dividend distribution tax (DDT) and then there were taxes at multiple levels. Now, all tax exemptions on dividend income have been removed effective the Finance Act 2020. Any dividend received by an individual during the year will be taxed as other income at the peak rate applicable; whether 10%, 20% or 30%.

What about capital gains tax on equities? In this case we have to classify capital gains into long-term and short-term capital gains tax.

Any equity share held for less than 12 months is a short-term capital asset and any equity share held more than 12 months is a long-term capital asset. Here are the tax implications.

In the case of short-term capital gains (sold before 12 months), the tax is levied at a concessional rate of 15%. This is much lower than other capital assets.  

In the case of long-term capital gains (effective from April 01, 2018), there is a flat 10% tax levied on long term capital gains, above the threshold of Rs. 1,00,000 per year. Flat 10% tax means that there is no benefit of indexation available on long term capital gains on equities, even if you hold these shares for as long as 10 years.  

Can losses be set off or carried forward? Short term capital loss on equities can be set off against both short-term gains or long-term capital gains.

Any outstanding losses can be carried forward for a period of 8 assessment years.

In the case of long-term losses on equity (effective from April 01, 2018), it can be set off against other long-term gains and also carried forward for 8 years. However, long term cannot be written off against short term gains.

What about speculative gains and losses (from intraday trading). In such cases, it is treated as speculative income and the peak tax rate is applied. However, the losses on speculation can only be set off against gains from speculation. Speculative losses can only be carried forward for a period of 4 assessment years.

All the above are subject to the condition that securities transaction tax (STT) is paid on these equities.

Finally, let us turn to the question – How is equity buyback taxed?

Effective the Union Budget 2020-21, when a company buys back shares using its free reserves, the tax incidence falls on the company. The company has to pay a tax of 23.296% (20% tax + 12% surcharge + 4% cess) on the difference between the buyback price and the issue price.

The buyback transaction is entirely tax-free in the hands of the shareholder.

How are mutual funds taxed?

For capital gains in mutual funds , the first classification to do is on the type of fund. Here are the 3 types of funds from a tax perspective. This is effective from Union Budget 2023-24.

Equity funds are the mutual funds that have more than 65% exposure to equity as an asset class. The remaining portion, less than 35%, can be in debt.  

Non-Equity Hybrid Fund are the funds where the exposure to equity is more than 35% but less than 65%. This classification was made only in Budget 2023-24.  

Finally, there are the pure debt funds and hybrid funds where the exposure to equity is less than 35% and are now treated at par with fixed deposits of banks in terms of tax treatment.

Let us now turn to how each of these categories are taxed.

Taxation of equity funds

In the case of equity funds, the treatment is the same as direct equities.

If the equity oriented fund is held for less than 12 months it is short term asset and taxed at flat 15% and does not form part of normal income tax.  

If the equity fund is held for a period of more than 12 months, it is long term capital gain and taxed at 10% flat (without indexation). Any long-term capital gain below the threshold of Rs. 1,00,000 each year is exempt from tax.  

Investors who prefer regular income in the form of dividends on equity funds can opt for the IDCW option. IDCW is treated as regular income for investors, it’s added to their total income for financial year. IDCW is taxed as per the applicable tax slab of the person. It is also subject to TDS deduction by the fund.

Taxation of non-equity hybrid funds

In the case of non-equity hybrid funds with equity exposure above 35% and below 65%, the tax treatment is as under.

Short term capital gains are defined as capital gains held for less than 36 months and are taxed as normal income as per the applicable tax slab.

Long term capital gains tax held for more than 36 months are taxed at 20% with the additional benefit of cost indexation. This reduces the tax liability to a greater extent.

Taxation of debt funds

In the case of debt funds with 100% in debt or hybrid funds with equity exposure less than 35%, both short-term and the long-term capital gains will be taxed at the applicable tax slab of the individual

Taxation of house property

As we stated earlier, capital gain in house property falls under the category of special assets that are treated as long term capital gains if held for over 24 months. Here is how it is taxed.

Short term capital gains on sale of house property is taxed as other income at the peak applicable rate, if sold before 24 months from date of registration.

Long term capital gains on sale of house property is taxed at a concessional rate of 20%, if held for more than 24 months. In addition, the indexation benefits are also made available.

However, there are some additional benefits available, to make such long-term capital gains from house property exempt from tax.

Under Section 54 of the Income Tax Act, if the sales proceeds of a house or land is reinvested in a new residential house, within a specified period, then capital gain is fully exempt, subject to holding the new asset for at least 3 years.

Under Section 54EC, if the sales proceeds from land or building is reinvested in specified infrastructure bonds of REC or NHAI, such gains will be exempt from long term capital gains tax, subject to holding the new asset for at least 5 years. However, you cannot invest more than a total of Rs. 50 lakhs in these bonds.

In conclusion, capital gains can be tricky and complex, but an in-depth understanding can make your actions tax-smart.

SOURCE URL: https://www.sbisecurities.in/blog/capital-gains-on-stocks-mutual-funds-house-property

[stockmarketknowledge]

10 Things to know about Indian Stock Market

Understanding the Indian stock market can be complex, but here are 10 key things to know:

Regulatory Bodies: The Securities and Exchange Board of India (SEBI) is the primary regulatory body governing the Indian stock market. It regulates securities markets and protects the interests of investors.

Major Stock Exchanges: The two major stock exchanges in India are the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). These exchanges facilitate trading in equities, derivatives, commodities, and other financial instruments.

Index Performance: The performance of benchmark indices such as the BSE Sensex and the NSE Nifty is closely monitored to gauge the overall health of the Indian stock market. These indices represent a basket of top-performing stocks from various sectors.

Market Participants: Market participants include retail investors, institutional investors (such as mutual funds, foreign institutional investors), traders, and market makers. Institutional investors often have a significant influence on market movements.

Market Hours: The Indian stock market operates from Monday to Friday, with trading hours typically between 9:15 AM to 3:30 PM Indian Standard Time (IST). There are pre-market and post-market sessions as well, where limited trading occurs.

Market Segments: The Indian stock market comprises various segments such as equity (stocks), derivatives (futures and options), commodities, and currency derivatives. Each segment has its own set of rules and regulations.

Volatility and Risk: The Indian stock market can be volatile due to various factors such as economic indicators, global events, government policies, and corporate earnings. Investors should be prepared for fluctuations and assess their risk tolerance accordingly.

Investment Strategies: Investors in the Indian stock market employ various investment strategies, including value investing, growth investing, momentum trading, and technical analysis. It's essential to conduct thorough research and analysis before making investment decisions.

Market Regulations: SEBI regularly introduces regulations and guidelines to ensure transparency, fairness, and stability in the Indian stock market. Investors must stay updated with regulatory changes and comply with relevant laws.

Market Risks and Rewards: Investing in the stock market offers the potential for significant returns over the long term, but it also carries inherent risks. Diversification, risk management, and a disciplined approach are crucial for navigating the ups and downs of the market effectively.

One of the best way to start studying the stock market to Join India’s best comunity classes Investing daddy invented by Dr. Vinay prakash tiwari . The Governor of Rajasthan, the Honourable Sri Kalraj Mishra, presented Dr. Vinay Prakash Tiwari with an appreciation for creating the LTP Calculator.

LTP Calculator the best trading application in India.

You can also downloadLTP Calculator app by clicking on download button.

Understanding these key aspects can provide a solid foundation for anyone looking to participate in the Indian stock market. However, it's essential to continue learning and staying informed about market developments to make informed investment decisions.

[personal-finance8]

MAKE 1Cr with 15K investment I 15-15-15 Rule of Mutual Funds

1. Investment Rules: *15-15-15 Rule *Thumb Rule of Investing *15x15x15 Rule of Investing

2. Mutual Fund Rules: *15-15-30 Rule of Mutual Funds

3. SIP Investment: *Benefits of SIP Investment

4. Explaining the Rules: *What is the 151515 Rule of Investing? *How the 15x15x15 Rule of Investing Works *What is the 15x15x15 Rule of Investing? *What is the 15x15x15 Rule in Investing? *What is the 15x15x15 Rule in Investing?

[dhankuver]

"Unlock Financial Success with the Mutual Funds 15-15-15 Rule! 💰 Learn how to diversify your portfolio and maximize returns with our simple guide. #InvestingMadeEasy #FinancialFreedom"

[lawyer2ca]

🚀 Exciting Tax Updates for 2024! 🚀

Hello @lawyer2ca community! 🌐

Get ready for a transformative year ahead as we bring you the latest scoop on the 15 game-changing tax amendments for 2023 that are set to redefine your financial landscape in 2024! 💼💸

Here's a quick rundown:

1-New Tax Regime Slabs: Revamped to be more enticing, offering a boon to those unable to invest in tax-saving instruments previously.

2-Hike in Basic Exemption Limit: Save up to Rs 15,000 with the basic exemption limit under the new tax regime raised to Rs 3 lakh.

3-Default Tax Regime: The new tax regime becomes the default choice from April 1, 2023. Opt for the old regime if you seek common tax deductions.

4-Increased Rebate under Section 87A: Enjoy a higher rebate of Rs 25,000 under section 87A for taxable income up to Rs 7 lakh.

5-Standard Deduction in New Tax Regime: Salaried individuals with up to Rs 7.5 lakh taxable income benefit from a Rs 50,000 standard deduction.

6-No LTCG Benefit in Debt Mutual Funds: Post March 31, 2023, investments in debt mutual funds lose Long Term Capital Gains (LTCG) tax benefits.

7-Marginal Tax Relief for Small Taxpayers: A sigh of relief for individuals with slightly exceeding Rs 7 lakh taxable income.

8-Reduced Surcharge Rates: The highest surcharge rate for those earning over Rs 5 crore reduced from 37% to 25%.

9-Increased Tax Exemption on Leave Encashment: Non-government employees can now enjoy tax exemption on leave encashment up to Rs 25 lakh.

10-New Rules for Rent-Free House Salary: The CBDT introduces fresh rules for rent-free accommodations, potentially lowering TDS.

11-Tax on Maturity Amount from Non-ULIP Life Insurance Policies: Maturity amounts exceeding Rs 5 lakh are now taxable for non-ULIP life insurance policies issued after April 1, 2023.

12-Limit on Capital Gains Deductions from Property Sale: A cap of Rs 10 crore on maximum deductions from property sales.

13-Discard ITR Option: Introducing the Discard return option, allowing deletion of unverified ITR submissions.

14-TDS on Online Game Winnings: TDS on online game winnings is now applicable without any threshold, at a rate of 30%.

15-Relief on Higher TDS for Non-ITR Filers: Non-mandatory ITR filers won't face higher TDS on bank FDs, dividend income, and specified incomes.

Stay ahead of the curve and ensure your financial strategy aligns with these changes! 💡💼✨

For detailed insights, connect with our tax experts.

#Tax2024 #FinancialFreedom #TaxChanges #StayInformed #Lawyer2CA 📊🔍

[dailyfacts002]

Importance of financial Independent

Be a Millinery $ is a dream of most of individual specially in a country like United States. This trend is increasing rapidly amongst the youngster of India. Basically, millinery is a state in which we can live a life that what we want, and what we want to do where finance do not create a problem for us, and we are not bound to do work for money which we don’t want to do, in this stage money work for us.

Financial independence is a stage where we get income even when we are not doing work and we have a constant money flow which helps to complete our daily needs. Many people now a days aware about this concept of financial independence.

In this article we are going to discuss about how to achieve financial independence in early age somewhat 30 to 35 years. This helps you a lot for about your financial goals and how to achieve it. Many of the people in young age of working spends a lot of money in parties, travelling, shopping and in other not much productive works. Though enjoying life is important and we should enjoy in our youthful and full of enthusiastic age but not much and always control your pocket is primary thing to become financial independence.

Now the main thing you must know is about the FIRE movement, the term FIRE stands for Financial Independence Retire Early. According to this rule, let you suppose if your expense today is 4 Lakh rupees then you must invest twenty-five times of that money that is you have to invest approximately on crore rupees. The thing is that you are maintain this life for thirty years.

From your investment you can withdraw four percentage every year to maintain present lifestyle.

Now the question arises how can you do this much investment. The answer is simple but many people thought it is complex. But everything is looks complex or simpler until it is executed. For this you need to know about the things which are as given below:-

1) Invest your money in real estate

Real State is like a Kamdhenu Gay (A cow which gives you what you want). What you invest today and make property for rent, within five to 8 years and maximum 10 year you can recover your all-invested amount and upcoming years income is yours. Like you purchase a house with 6 rooms for 30 Lakh rupees today on loan, a loan helps to some rebates in income tax. And if you rent these room each in 5000 rupees and with 6 rooms you can earn monthly around Thirty Thousand and yearly around Three Lakhs Sixty Thousands which means you can recover all your money within 8-9 years as the property price increases then rental yield remains the same but the rents increases. After that all the income is yours and you can utilise and invest further for financial independence.

2) Invest your money in stocks

Yes you read write you have to invest your money in buying stocks of different companies. For purchasing stocks of different companies once you know about the 15-20 years scope of that company and also to check the debt-to-equity ratio of company, past long term performance of the stocks and also checks the future of that company, for this you can consult to Brokers and check trends through multiple applications like Groww, etc.

3) Create a side business

for earn money you have to work other than your regular work so that you can increasing your income and can invest more money. In today’s time we can create our side business through digital marketing, YouTube, through different social media networking side to promote our business like textile, toys, etc. We can work as an affiliating marketing team of different online shopping sites such as amazon, flipkart and can earn commission from promoting such products.

4) SIP

The term SIP stands for Systematic Investment Plan, in this we invest our fix amount per month and it deducts automatically from our accounts to different mutual funds. It is simpler than stocks selecting. In this system thousands of people join in mutual funds, the company collects money and invest in different stocks. In this case you can expect return more than Fixed Deposits.

5) Fixed Deposits

Though Fixed Deposit is not a good area to invest money. Because its interest rates can only beat inflation and sometimes even inflation can not beaten by Fixed Deposits. But it is a safe medium, so it is suggested to have Fixed Deposit for emergency and for relaxing purpose. But again you can not expect more than that from Fixed Deposits.

Apart from this there are multiple sources so that you can create your passive income and become financial independent. Passive income is that in which you even doing nothing but your wealth is increasing and you can get income, where you are not working for money but money works for you.

Mr. Warren Buffet in the world and Shri Rakesh Jhujhunwala of India is best example of how they created massive passive income through stock market.

Again it is suggested to become financial independent you need to mentally strong, must have growth mindset, curious for knowledge. And what is discuss about SIP, stock market, Real estate is the best thing which helps to create passive income to become financially stable, Mentally relaxing and your aim to retire early and to live your life you want to live in early age, because a person of sixty years cannot live, because he/she have to think about his/her children but not in case of a young enthusiastic person.

[ryzmarket]

Property Rules Supply Markets

Property Rules Supply Markets

Regulating an incredible market capitalization of Rs 61 lakh crore at the Bombay Stock Exchange (BSE), the Indian realty builders have come a long way. Most significantly, this quantity of market capitalization is developed out of the 14 top-listed real estate companies just, and also the muscle mass of the market is rather solid given the truth that about 300 realty contractors are noted on the exchange. Remarkably, the market capitalization of Indian property market is anticipated to rise in a phenomenon means, according to financial investment establishments. Based on BSE records, the present share of realty market at BSE has to do with 5 percent, which is a lot below than the global norms of 15 per cent. Now that Indian stock exchange are no other way less than its global counterparts like Dow Jones, FTSE, Kospi, Nikkie, and also Hang Seng, it is an internationally recognized view that Indian property field, with all its possibility and also development dynamics, is readied to increase its base in the economic markets.

Realty: capitalists' desire land

As for investment leads are concerned, the Realty Index took care of to clock returns of as much as 46.84 percent in the past year. The index, which hovers around the degrees of 10,500 today, was recorded at 7,218 in February 05, 2007. And also therefore it is not shocking, Indian realty has actually emerged up as one of the most favorite markets for investors today. Nonetheless, buying Indian property business has ended up being also complicated in the unstable market problems in the past 3 quarters. The Realty Index has actually revealed variation of more than 100 percent in between August 2007 and February 2008. The index, which reached the top of 13,848 on January 08, 2008 was seen at an all time reduced of 6,485 on Aug 22, 2007. A period of simply 5 months!

Updates on Indian real estate:

. Initial Public Offering (IPO) on the anvil: Emaar MGF. Cost band per equity share is Rs 610-690. Problem begins on Feb' 01, 2008 and closes on Feb' 06, 2008 . Indian realty firms that develop BSE Realty Index: DLF, Unitech, Omaxe, Parsvnath, Sobha Developers, Ansal Framework, Puravankara, Mahindra, Indiabulls, Phoenix Az, Anant Raj, Penland and also Housing Development Corporation. For even more information on India Realty [http://www.magicbricks.com/property/faces/jsp/indexc.jsp] log on to magicbricks Article Source: http://EzineArticles.com/981080

DISCLAIMER : Investments in securities market are subject to market risks, read all the related documents carefully before investing.

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