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Dear ck.kislay,
You are subscribed to the thread "Indian Stock Advice Trading Strategies Trends Market Predictions & Regulations" by pcpune, there have been 4 post(s) to this thread, the last poster was atwitsend.
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: sbajaj
On: November 10 2017 11:06 AM
[QUOTE=ashish18;n2564632]My first reaction was due to innate hate for psu's of india which has only thrived in this country because no fair private enterprise was allowed to exist and over the years time s have changed. But then recently i was looking for which could be next potential movers in the markets and at this point in markets probbaly the best bet could be some psu's like ongc and nmdc, i recently also bought idfc (when its merger with sriram fell off). I dont have any large caps in my long term portfolio. Bharat-22 has some good stocks which i like for purely technical reasons (monthly charts) ongc, ntpc, nhpc, pfc etc. Not as a core holding but keeping it for 2-3 years should be fine. [/QUOTE] The Bharat 22 ETF is expected to invest a majority of its capital in equities of listed companies thus from the taxation point of view, it would be considered as an equity investment. ETF investments are not subject to wealth tax however, profits from the fund are subject to short term capital gains and long term capital gains. [B]In case profits are obtained by an investor through sale of the Bharat 22 ETF units within 1 year from the date of unit allocation, short term capital gains (STCG) rules are applicable.[/B] I[B]f ETF units have been held for over a year from the date of allocation before being traded for a profit, long term capital gains (LTCG) taxation rule is applicable. At present, the applicable tax rate in case of STCG is 15% of profits earned, [/B]while the LTCG rate in case of equity investments is currently nil.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: atwitsend
On: November 10 2017 11:13 AM
[QUOTE=sbajaj;n2564660] The Bharat 22 ETF is expected to invest a majority of its capital in equities of listed companies thus from the taxation point of view, it would be considered as an equity investment. ETF investments are not subject to wealth tax however, profits from the fund are subject to short term capital gains and long term capital gains. [B]In case profits are obtained by an investor through sale of the Bharat 22 ETF units within 1 year from the date of unit allocation, short term capital gains (STCG) rules are applicable.[/B] I[B]f ETF units have been held for over a year from the date of allocation before being traded for a profit, long term capital gains (LTCG) taxation rule is applicable. At present, the applicable tax rate in case of STCG is 15% of profits earned, [/B]while the LTCG rate in case of equity investments is currently nil. [/QUOTE] I didnt get your point - it is an equity ETF so taxation is similar to investing in equity directly.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: sbajaj
On: November 10 2017 12:24 PM
[QUOTE=atwitsend;n2564661] I didnt get your point - it is an equity ETF so taxation is similar to investing in equity directly.[/QUOTE] That's what i thought but this article says something else - [url]https://www.paisabazaar.com/mutual-funds/bharat-22-etf/[/url]
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: atwitsend
On: November 10 2017 01:51 PM
From guys who actually have transacted in ETFs or know about it : I see an option to buy ETF units from 1) icicidirect as well as 2) mf utility/CAMS/icici pru mf amc : What is the difference in transacting through the above?(For MF I know there are regular or direct plans) - a. How do you buy/sell ETF units to the mutual fund amc using 1) above? - Under certain conditions the AMC will buy back the ETF units per SID. b. How do you buy/sell ETF units in the secondary market using 2) above? [url]http://www.icicipruamc.com/download/ICICI-Pru-MF-Bharat-22-ETF-FAQs.pdf[/url]
With warm regards,
Team IREF
With warm regards,
Team IREF
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