The introduction of the LTCG Grandfathering Clause means that the computation of capital gains for Indian investors today has become an increasingly complex task. In addition to accounting for all kinds of corporate actions, investors need to ensure that they have computed the right Cost of Acquisition for each security in their portfolio in accordance […]

Financial markets today are more complex and unpredictable than ever. There is a lingering lack of transparency in markets crowded with a large number of financial products, coupled with structural changes in the Indian economy, liquidity crises in credit markets and disruptive trade wars in an interconnected global ecosystem. Amid the chaos, Indian investors can find it incredibly daunting to gain absolute visibility and […]

Every year, regardless of whether markets perform or not, investors often find themselves scrambling to compute and report capital gains accurately and on-time. One thing we can all agree on is how enormously tedious this process can be. So let’s break it down. What are the key things you need to keep in mind? You […]

Early reviews for the new MProfit beta version are in, and our users are already loving our new Cloud and Mobile applications. The below feedback has been provided by longtime MProfit client, M. Pari. We are thankful for having such a loyal & dedicated user base! “MProfit – A Great Financial Tool Today I have […]

We are happy to announce that a new version of MProfit is now available in Beta. This new update comes packaged with the Phase 1 launch of our much awaited MProfit Cloud platform for Free & Paid Users. What this means for you: With MProfit 10, you will now be able to manage your investments […]

A pioneer of the “discount broking” model in India, Zerodha has established itself as India’s biggest stock broker by active retail clients, and the biggest by trading volumes on India’s top stock exchanges. Over 1 million clients actively trade with Zerodha every day, contributing to over 10% of Indian retail trading volume. Differentiated by its […]

At a time when the Indian Mutual Fund (MF) industry is celebrating 25 golden years of existence, we are witnessing important developments in the landscape, some impacted by SEBI while others fuelled by changes in the broader economy. Here’s what you as an investor need to be aware of: Expense reduction in MFs To pass […]

There is much to look forward to about the future of the financial markets landscape in India. Household disposable income is on the rise, creating demand for avenues that generate high returns on invested wealth. AMFI data has shown that the number of Systematic Investment Plan (SIP) accounts added in the Jan-Jun 2018 period is […]

The 2018 Indian Budget introduced a long-term capital gains tax of 10% on stocks and equity mutual funds exceeding Rs. 1 lakh. However, all gains until 31-Jan-2018 are grandfathered. This means that you will have to pay tax ONLY on the gain from the base of highest price on 31-Jan-2018. Grandfathering calculations get complex when […]

India’s 2018 Budget delivered by Finance Minister, Mr. Arun Jaitley proposed a long-term capital gains tax of 10% on stocks and equity mutual funds exceeding Rs. 1 lakh without allowing any benefit of indexation. However, as per the Budget, all gains until 31st January, 2018 will be grandfathered. According to Wikipedia, a grandfather clause is […]