First time Investor

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22/10/2025

Celebrating my 11th year on Facebook. Thank you for your continuing support. I could never have made it without you. 🙏🤗🎉

12/03/2022

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15/10/2021
25/08/2021

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01/01/2018

Happy New Year 2018

Photos from First time Investor's post 05/07/2017

Business Standard says "Equity schemes by mid-cap fund houses outperform"

A majority of equity schemes have given double-digit returns in the first half of the calendar year. The best performers have come largely from the basket of mid-size fund houses. These are mainly banking-related schemes. Products from fund houses such as Tata Mutual Fund, L&T Mutual Fund and Invesco have made it to the top positions, with returns in excess of 30%. Meanwhile, several schemes have failed to outperform the benchmarks. These are mainly global funds in the commodity segment. Schemes in the debt category, too, performed reasonably. Corporate credit funds and short-term income funds were the top performers, with returns of 4-5% in the past six months. Fund managers are advising investors to continue with their systematic investment plan investments in equities, lump sum investments in balanced funds and corporate credit funds in the debt categories.

28/03/2017

PERFORMANCE TRACKER (Category wise)

Fund Category

Large Cap 17.9%
Small & Mid Cap 26.8%
Diversified Equity 20.8%
Thematic - Infrastructure 26.6%
ELSS 21.6%
Sector - Pharma & Healthcare -1.2%
Sector - Banking & Finance 34.3%
Sector - FMCG 22.2%
Sector - Technology -3.6%
Sector - Others 17.8%
Index 18.9%
Arbitrage & Arbitrage Plus 6.1%
Balanced 17.0%
Debt Long Term 9.5%
Debt Short Term 9.0%
Credit Opportunities Funds 9.5%
Floating Rate Debt - Short Term 7.1%
Floating Rate Debt - Long Term 8.4%
Ultra Short Term Debt 7.5%
Gilt Short Term 7.8%
Gilt Long Term 12.1%
MIP Aggressive 11.0%
MIP Conservative 9.2%
Liquid 6.3%
International / Global Commodities 12.0%
Gold ETF -1.0%
Fund Of Funds - Equity Oriented 4.3%
Fund Of Funds - Hybrid Oriented 12.7%
Fund Of Funds - Debt Oriented 10.6%
Fund Of Funds - Commodity Oriented 1.7%
Capital Protection Funds 6.5%
Debt Oriented Hybrid Speciality Funds 9.4%
Equity Oriented Hybrid Speciality Funds 13.2%

1 Year Average Returns as on March 27, 2017

Photos 21/05/2016

History has proved again that Sensex can give multibagger returns in 15 years

The S&P BSE Sensex might have moved in a range over the past 12-18 months but creating wealth in the Indian stock market is relatively easy if you have a long-term view.

If history is any indicator, investors will not be disappointed sticking to such a strategy. The S&P BSE Sensex closed calendar 2001 at 3,262 and traded at 25,489 as of Friday's close, which translates into a 681 per cent growth. The best part is, all of it is tax-free.

In a nutshell, if somebody is planning to invest in stocks , she stands to gain, whether the bet is on the index or specific stocks. Being the benchmark, the index offers relatively better liquidity as well as safety over a longer period.

"Over a long period, there is a higher possibility that a steady investor would receive positive payoffs than negative. If history is any indicator, with a 15-year horizon, the possibility of negative returns is almost zero," Nilesh Shah, MD, Kotak MahindraBSE -0.58 % Asset Management said in a column written exclusively for ETMarklets.com

"In other words, a 15-year investor in Sensex would have never lost his capital and may have earned an average return of around 14.5 per cent a year," he said.

Two global investment banks last week said the Indian market is looking attractive at current level and investors can look at increasing their exposure to select stocks on every dip.

Morgan Stanley , which maintains a base target of 26,000 for March 2017, said the benchmark index could well hit a fresh record high in the same period if the government continues the reform process, there are more rate cuts and there is a bounceback in earnings growth, which can trigger a fresh bull run. In a bullish scenario, the global investment bank maintains a target of 32,500 on the S&P BSE Sensex.

11/05/2016

IT Return Form 12BB for salaried taxpayers

The income tax department has come out with a standard Form 12BB for salaried taxpayers to claim tax deduction on leave travel allowance concession (LTALTC), house rent allowance ( HRA ) and interest paid on home loans.

Taxpayers will have to furnish to their employers proof of travel in Form 12BB for claiming LTALTC benefits. In case of HRA, the Central Board of Direct Taxes (CBDT) requires employees to furnish details like name, address and PAN number of the landlord if the aggregate rent paid exceeds Rs 1 lakh a year.

For claiming deduction of interest on home loan, the name, address and PAN of the lender will have to be furnished. Evidence of investment or expenditure will have to be provided for claiming tax deduction under Chapter VI-A.

Chapter VI-A pertains to allowable deductions under Section 80C , Section 80CCC, Section 80CCD as well as other sections like 80E, 80G and 80TTA.

The CBDT, in the same order, also extended the time limit for depositing tax deducted at source (TDS) on transfer of immovable property from 7 to 30 days. Also, the due date for filing quarterly TDS returns in Form 24Q, 26Q and 27Q was extended by 15 days.

The amended rules will be applicable from June 1, 2016, the CBDT said. Under section 80C, a deduction of Rs 1.5 lakh can be claimed from total taxable income if invested spent in employee's share of PF contribution, life insurance , etc.

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