Search found 23 matches

by rodu123
Sat Jul 09, 2016 1:29 am
Forum: To Pune, Mumbai, Maharashtra
Topic: Education for OCI/PIO for returning inidans having foreign born child.
Replies: -1
Views: 0

Education for OCI/PIO for returning inidans having foreign born child.

Another related point for USC kids living in India, although is not related to the the purpose of this thread (education) but about the kid's life. If kid doesn't settles down in US, he's on the hook for his entire life for paying taxes to IRS on his earning, investments, etc under FBAR and FATCA ...
by rodu123
Thu Jun 16, 2016 8:36 am
Forum: Shipping Companies & Experience
Topic: MF income tax free in India??
Replies: -1
Views: 0

MF income tax free in India??

Nice discussion Just to add to db's's point. Arbitrage fund are considered equity, hence dividends are tax free (both at the MF level and in your hands). Actually they are relatively very safe as for every opportunity, they make two opposing transaction to take advantage of arbitrage in current and ...
by rodu123
Thu Jun 16, 2016 12:43 am
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

Tried to do a rough calculation. [U][B]For dividend option[/B][/U], if someone had invested 3 lac in 1996, he would have got 54545 unit. Based on the dividend history, he would have got close to 39 lac in dividends( 3872727) in these 20 years. His current valuation of MF holding will be close to 25 ...
by rodu123
Wed Jun 15, 2016 11:09 pm
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

DBS, All NAV of mf which i quoted are for growth type funds. They don't pay dividends as their aim is capital appreciation (some of them might pay but its rare). Literally every mf has a dividend paying equivalent also. I think you are interested in that. But dividend is really not advisable if you ...
by rodu123
Wed Jun 15, 2016 9:04 pm
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

I do agree there are hidden costs. Those are with every type of investment. The fund house and manager cannot do work for charity, right? You are purchasing them for returns. As I had said before, the fund expenses are already discounted in NAV. When you buy you pay, you get Amount/NAV units. When ...
by rodu123
Wed Jun 15, 2016 8:02 pm
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

I think my apologies are due. I had mis-interpreted and thought u meant 24% absolute return. Thats why I put a long post to explain in absolute terms of NAV. Again apologies [QUOTE=dbs;632915]Can you please, tell me where did I go wrong ...
by rodu123
Wed Jun 15, 2016 11:40 am
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

And also invest in active funds also. Bcs no one know the future. Active funds may very well beat passive and you may regret. Also Try to diversify a bit into funds investing in bonds, government and corporate debt also. But again that depends on your risk apetite and aim
by rodu123
Wed Jun 15, 2016 11:37 am
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

Exactly. This topic went through quite a lot of diverse themes. If you look back at my answers, I have always said in USA, ETF and passive funds make sense then investing in active funds . I have never said otherwise. I always follow diversification. Never fall in love with an asset class, because ...
by rodu123
Wed Jun 15, 2016 10:50 am
Forum: Life in Other Countries
Topic: Premarital sex and Persons of Indian origin
Replies: -1
Views: 0

Premarital sex and Persons of Indian origin

Interesting thread :). If peeping into someone bedroom and evaluating their privacy is legal, then I an damns sure most of the people in India will be behind bars (including older generation). Oral sex is still illegal, so is anal (prob very less people here) as well as watching porn (not now, but ...
by rodu123
Wed Jun 15, 2016 10:07 am
Forum: Shipping Companies & Experience
Topic: Investing Indian Market Vs USA Market
Replies: -1
Views: 14

Investing Indian Market Vs USA Market

Also one thing most people don't realize that index is just a concept. Its in no way representative of the stock market, leave apart the economy. Index is just a collection of stocks in a pre-determined percentage, decided by whoever power that be. If you are influential , you can define your own ...

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