How to initiate an STP on Expowealth?


Posted By : Kushal Kothari
Tags :  STP

STPs are a great way to automatically rebalance your portfolio between various schemes. We already published a detailed post about the same when we launched the facility sometime last month. Have a look here - What is a Systematic Transfer Plan (STP) and how to use one? We have built the functionality ground up, to be as flexible as possible. In this post, we'll show a step-by-step process on how you can initiate an STP on Expowealth and even how you can cancel one.

 

Step 1: Determine the purpose

As indicated in our detailed post, one could use an STP to move your holdings periodically between equity to debt, debt to equity or even within schemes of the same category. For example, let's say you believe your portfolio needs to shift from debt to equity, in either large cap or multi-cap schemes. For the sake of example, we are assuming a shift from an Ultrabond short-term fund, to a multi-cap fund.

Initiate an STP

 

Step 2: Select the STP parameters

In the next screen,...

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Track your direct equities, mutual funds and debt holdings at Expowealth!


Posted By : Kushal Kothari

If you are already an Expowealth user, perhaps you've already tried our Upload CAS feature. It makes tracking all your mutual fund holdings very easy just with the click of a single button. And since we help with transactions as well, you can start managing your portfolio right away!

However, many of our users also hold direct equity, corporate bond and other holdings through one or more demat accounts. One has to either track these investments through the reports sent by the broker or has to view the lengthy CAS statements sent by NSDL/CDSL to try and figure out what they hold and how is it performing. With this in mind, we thought there could be a better way to manage all your investments, without the need to go through those sign-up forms and painstakingly enter all the data. 

 

Expowealth CASREADER

Expowealth has created a CASREADER, with the ability to process and create a beautiful dashboard from a user's CAMS, NSDL and CDSL CAS statements. But before...

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Know Your Fund (KYF) - MOSt Focused Multi-cap 35


Posted By : Kushal Kothari
Tags :  Equity KYF

Starting today, we are introducing another series for our readers called KYF, or Know your Fund. While AMCs, like many online portals, already detail various aspects of a scheme, we intend to present a summary in our own way. We will try not to make it too statistical so as to throw the user in a sea of numbers, while also highlighting the key aspects that would help the investor get a better understanding of how the particular scheme is being managed. 

 

About the Scheme

MOSt Focused 35, henceforth to be referred as MOSt 35, is the flagship Equity scheme from the house of Motilal Oswal securities. It is an equity diversified scheme, which aims to invest primarily in domestic equities, regardless of the market capitalization or the sectors of investment.

As with other market-cap agnostic Multicap funds, MOSt 35 benefits from having a wider universe of securities to target for investment. Currently, the scheme is roughly 25% invested in mid-cap securities while...

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Funds Intro #5: Multi-cap Funds – The truly diversified funds


Posted By : Kushal Kothari

Equity investing is finally coming of age. The current bull-run which started sometime back in October 2013, has spiked the interest of many investors to add equity as an asset class in their investment portfolio. Mutual Funds do a good job of providing a vehicle for professionally managing money contributed by thousands and lakhs of investors.

However, all equity investing is not the same. One can invest in Equities based on various parameters/strategies based on the size of the companies (Large, Mid, Small caps), the investment style (Value/Growth), or even based on Sectors (Pharma, Banks, and Diversified). Among these, the most prominent consideration while choosing a fund is the size of the companies being invested in. The entire universe of listed companies can be split into three categories based on the market value of the companies– Large cap, Mid-cap and Small-cap.

 

Large-cap companies are the giants that tend to do steady business in their...

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Budget 2018 and LTCG Tax explained: Simple, concise, actionable insights (Short version)


Posted By : Kushal Kothari
Tags :  Tax Budget 2018

The Budget session of the Lok Sabha - that day of the year when your parents, siblings, colleagues and everyone else gets involved in an economic debate with regards to the effects of a 2-hour speech delivered by one of the most, if not the most, important cabinet minister, The Finance Minister. 

Every media house wants to be out with a summary/brief of the highlights of the budget. Though these days, WhatsApp and Facebook beat them hands down in the race to get first to the reader. We thought it is important to share our thoughts with you as well, with a focus on actionable insights we can draw for our users. Today, we focus on only one aspect of the entire budget; One that affects you as a user/reader of this portal the most - The re-introduction of the Long-term Capital Gain Tax or LTCG tax for equity-oriented investments.

 

What is LTCG? - Based on the tenure of your investment, gains from stocks/mutual funds are classified as long-term or short-term capital...

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Budget 2018 and LTCG Tax: Simple, concise, actionable insights (Detailed version)


Posted By : Kushal Kothari
Tags :  Tax Budget 2018

The Budget session of the Lok Sabha - that day of the year when your parents, siblings, colleagues and everyone else gets involved in an economic debate with regards to the effects of a 2-hour speech delivered by one of the most, if not the most, important cabinet minister, The Finance Minister. 

Every media house wants to be out with a summary/brief of the highlights of the budget. Though these days, WhatsApp and Facebook beat them hands down in the race to get first to the reader. We thought it is important to share our thoughts with you as well, with a focus on actionable insights we can draw for our users. Today, we focus on only one aspect of the entire budget; One that affects you as a user/reader of this portal the most - The re-introduction of the Long-term Capital Gain Tax or LTCG tax for equity-oriented investments.

 

What is LTCG? - Based on the tenure of your investment, gains from stocks/mutual funds are classified as long-term or short-term capital...

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#Portfolio Action: Stay Away from Small Caps and Mid Caps - Here's why!


Posted By : Kushal Kothari

It is never a good idea to predict market movements. Especially so as an adviser. Because the first rule of investment advising asks one to forget looking at market movements and stick to asset allocation over the long term. But when the market conditions get stretched to dizzying heights, one cannot help but wonder - What is really going on here!

 

A quick recap - About 8 months ago, when Nifty reached the levels of 9500, we sent out a blog post to all our users to be wary of any lumpsum investments, especially in the small and mid-cap segment. We didn't have much of a fundamental rationale for the same, but it was an opinion more from a valuation perspective, especially the PE ratio. You can read the entire post at -

#Portfolio Action: Markets are near all-time highs! Here's what you need to do with your portfolio

 

Fast forward today and we have been proven wrong. And how! The broader market Index is close to 11,100, nearly a 17% return in just under 9...

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What is a Systematic Transfer Plan (STP) and how to use one?


Posted By : Kushal Kothari
Tags :  Switch STP

One of the biggest worries we have while investing is a lack of assurance as to whether or not we are 'timing-it-right'. And that's the thing about investing in markets - One never knows what the right time is. This is the exact reason why people are more comfortable investing in mutual funds through SIPs rather than making a lump sum purchase. With SIPs, since a specific amount is invested at regular intervals, one does not have to worry much about timing the market as the purchase value of your investment gets averaged through the ups and downs of market movements.

 

But what happens when you get those mid-year or year-end bonus payouts? Investing this amount, which can be typically 10-30% of your annual CTC in one single transaction would definitely make you hesitant, won't it? Or what if you want to switch a significant chunk from debt to equity funds or the other way around? This is where a systematic transfer plan (STP) works fabulously to periodically...

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The pre-tax saving season begins! Things you need to know about 80C investments!


Posted By : Kushal Kothari
Tags :  ELSS Tax

If you are an employee of a public/private sector company, you probably have received emails from your HR to submit your investment proofs. And thus a mini-tax saving seasons has kickstarted as we try to make hurried investments in order to avoid seeing a cut in the paycheck for the months of Jan-Mar next year. Here is a short list of some of the common mistakes and misconceptions to avoid while making your 80 investments -

 

1. First things first - The deadline for submitting your investment proofs is just that. A deadline. Even if you miss it, you can make your investments any time until the end of March and still save tax. The deducted tax will either be adjusted in following month's payslips or can be easily reclaimed while filing your tax returns. These days, the IT department is known to settle tax refund within a few days, along with interest due to the user. Kindly don't misunderstand us. We are not recommending to delay your investments, but all we suggest is...

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How to link your Aadhaar with Mutual Funds?


Posted By : Kushal Kothari
Tags :  General

Our generation has probably not seen the government push any agenda as hard as that of linking Aadhaar to every single transaction and account we hold. While the debate continues as to whether it constitutes a Big Brotherly move or not, the common man is pretty much expected to follow the directive while the government awaits a verdict from the Supreme Court. I'm sure, you probably have received WhatsApp messages regarding all the deadlines already.

 

The deadline to link Mutual Fund folios with Aadhar number is 31st December 2017 31st March 2018. Failing which, you may not be able to access your holdings. In all likelihood, this deadline will be extended. Yet, it is prudent to get started to link every account you hold to your singular identity - The Aadhaar. Unfortunately, we at Expowealth cannot update your Aadhar details across all the fund houses, yet. It is something you'll have to do with the respective RTA (Registrar and Transfer Agents) of Fund...

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