Investments Archives

Can LIC’s investments in public sector units hurt policyholders?

October 1, 2019October 1, 2019 Loknath DasCan, Hurt, In, Investments, LICs, Public, sector, Units

In the last five years, Life Insurance Corp. of India’s (LIC) investments in state-run banks and the government’s disinvestment programme have almost doubled, according to news reports. Moreover, of the total investments made by LIC worth ₹26.6 trillion, as of March 2019, ₹22.6 trillion went into the public sector and only ₹4 trillion went into the private sector, showed data from the Reserve Bank of India. While this may work in favour of some of the public sector undertakings (PSUs), it’s not clear how it will impact the customers of the insurer. Disha Sanghvi asks experts how this might affect…

Filing Income-Tax Returns: 5 tax implications of mutual fund investments

June 26, 2018 Loknath Das5%;, Filing, Fund, implications, Income-Tax, Investments, Mutual, of, returns, Tax

If you are a mutual fund investor, one of the important things to understand is the tax implications on your investments. Investment in mutual funds comes with various tax provisions. Thus, while investing in equity funds can carry tax saving benefits under Section 80C of the Income Tax Act along with the Long Term Capital Gains (LTCG) taxation, investing in debt funds come with indexation benefit. However, there is often confusion on mutual fund taxation. For example, many of us think that investments in all equity mutual fund are eligible…

4 things that can help you decode returns from your investments

May 29, 2018 Loknath Das4), Can, decode, From, Help, Investments, returns, That, Things, You, Your

Photo: MorePixels The return we make on our investments is a vital data point in determining how our financial plan is progressing and making buying, selling and rebalancing choices. All these decisions may go wrong if that basic returns number is not evaluated and understood correctly. Here is what you need to know so that you interpret and use the information provided by the return numbers to further your investment plan. Look beyond the number What you see published as the return number may not be what your investment earned.…

University of Michigan Changes Conflict Rules for Investments

March 31, 2018 Loknath DasChanges, Conflict, for, Investments, Michigan, of, Rules, University

(Bloomberg) — The University of Michigan changed how its endowment’s advisory committee handles potential conflicts of interest and discontinued a fund that helped pay the salaries of the chief investment officer and his staff. The changes were announced Thursday at a board of regents meeting following a review of the policies and practices at the investment office, university public affairs spokesman Rick Fitzgerald said in a statement posted on its website. The school will require members of its investment committee, which advises the university on the management of its $11 billion endowment,…