In this mutual fund Q&A video, we answer questions on arbitrage funds, ELSS, low NAV, direct plans, MF Utility, liquid funds and gold ETF
Edited Highlights
1:09 Raghu Nandan asks two questions. He asks which has better returns FD or arbitrage funds for investment of two years?
1:40 He also wants recommendations of recently launched ELSS with "low NAV"
1:54 Bank deposits and arbitrage funds give almost same returns. But for arbitrage funds, there is the advantage of equity fund taxation
2:03 For more than year investment, there is no long term capital gains tax whereas you have to pay tax for FD interest at the applicable rate
2:20 However, you have to recognise the higher risk involved with an equity fund like an arbitrage fund
3:00 High NAV is irrelevant when buying mutual funds. What matters is the growth of the NAV. The NAV of your ELSS has to grow well regardless of whether the NAV is high or low
4:20 BR has invested in regular mutual funds scheme and wants to covert them into direct plans
4:32 This can be done after redeeming the existing investments
4:36 Anil Sah wants to become a mutual fund advisor and he has cleared the NISM exam
4:52 Please visit the AMFI site. You will get handholding you need
5:43 Greek Amigo is planning to buy through SIP Axis Long Term Equity Fund, Aditya Birla Sun Life Tax Relief 96' and Tata India Tax Savings Fund
5:50 The first ELSS we have recommended and the third one has performed decently well
6:02 Mehula Savaliya asks us what is MF Utility
6:10 MF Utility is mutual fund transaction platform developed by AMFI
6:37 Share Bazar wants to know about the tax treatment when lot of transactions happen in the bank due to deposits and withdrawals from liquid funds
7:24 Amit Belwal wants to know about gold ETF
8:00 It is like buying an ETF. You need to buy it through a demat account
