CA Dinesh Lulla

Chartered Accountant | Investor
Personal Finance | Mutual Fund Educator
Simplifying Tax & Investing
Not a SEBI Research Analyst

[CA Dinesh Lulla @CaDineshLulla]

This audit season is especially hard on small and medium CA practices. We have limited teams, multiple audits and the same 30 September deadline. Every report still needs careful review and our signature.

@IncomeTaxIndia @FinMinIndia #ExtendTaxAuditDueDate

[CA Dinesh Lulla @CaDineshLulla]

@CAChirag I’m adding my voice and urge fellow CAs to do the same. Please extend the deadline. #ExtendTaxAuditdate

[CA Dinesh Lulla @CaDineshLulla]

@CAHimankSingla @IncomeTaxIndia @nsitharaman @nsitharamanoffc @FinMinIndia Audits require care and professional judgment, but this pace is leaving CAs exhausted.

[CA Dinesh Lulla @CaDineshLulla]

Just dropped my 6th YouTube video! 🎥

Deep dive into Sovereign Gold Bonds (SGB) — are they really the best way to invest in gold in India? 🤔

Covered:
• What are SGBs
• Benefits (interest + tax advantage)
• Disadvantages (lock-in, liquidity)
• Who should invest

Plus a clear comparison with:
Physical Gold 🪙
Digital Gold 📱
Gold ETF 📊
Gold Mutual Funds 💼
If you're planning to invest in gold, this is a must-watch! 👇

https://t.co/tHGzXKFjvk

[CA Dinesh Lulla @CaDineshLulla]

9/ Final Thought

Not every underperforming fund needs action.

Sometimes the best decision is:

Do nothing and stay disciplined.

— CA Dinesh Lulla

Disclaimer: This thread is for educational purposes only. I am not a SEBI-registered investment advisor or research analyst. Please do your own research before making financial decisions.

[CA Dinesh Lulla @CaDineshLulla]

Thread: What Happens When a Mutual Fund Underperforms? 🧵

Your mutual fund isn’t performing well.

Returns look weak.
Others seem to be doing better.
What should you do?

Most investors get this wrong 👇

[CA Dinesh Lulla @CaDineshLulla]

8/ Patience is an Edge

Good investing is not about reacting to every dip.

It’s about staying invested through cycles.

[CA Dinesh Lulla @CaDineshLulla]

Oriana Power at ~15x P/E looks “reasonable” only if FY26 earnings meaningfully accelerate.

But here’s the catch 👇
Even perfect execution may just meet expectations — not create upside.
Markets already seem to be pricing:
• ₹2,000+ Cr revenue scale
• BESS-led margin expansion
• Actis monetisation
• Mainboard migration trigger

So from here, returns may depend less on growth and more on:
→ Timing of execution
→ Cash conversion vs reported earnings
→ Capital allocation efficiency
Near-term = execution + monetisation timing
Medium-term = BESS margins + scale
Long-term = new verticals actually delivering
Bottom line:
This may not be about “will the story work?”
But whether enough is already priced in vs what still needs to go right.

#orianapower

[CA Dinesh Lulla @CaDineshLulla]

📢 Important Update for Directors!

The Ministry of Corporate Affairs (MCA) has revamped the DIR-3 KYC framework to simplify compliance & reduce repetitive filings.

🔹 What’s changed?
• DIR-3 KYC Web now required once every 3 financial years (by 30th June)
• KYC changes (mobile/email/address) must be updated within 30 days
• DIR-3 KYC & KYC Web merged into a single form
• Effective from 31 March 2026

🔹 What this means:
• New DIN (FY25-26) → First KYC due Apr–Jun 2029
• Existing directors (filed FY25-26) → Next due Apr–Jun 2028 (if no changes)
• Updates in between won’t reset the 3-year cycle

A big step towards ease of compliance with stronger governance ✅

[CA Dinesh Lulla @CaDineshLulla]

New Video is LIVE 🎥Episode 5 of my Mutual Funds Masterclass is out now!Still confused between SIP, STP, SWP & Lumpsum?
This video breaks it down in the simplest way possible

• Which strategy suits you
• When to use SIP vs Lumpsum
• How to invest smarter for long-term wealthWatch now & level up your investing game 🚀#MutualFunds #SIP #Investing #PersonalFinance

https://t.co/Dg22aBL41J

[CA Dinesh Lulla @CaDineshLulla]

10/ Final thought

Most investors focus only on returns

Smart investors focus on:
👉 Returns + Tax saving
Because:
Saving tax = increasing real returns

[CA Dinesh Lulla @CaDineshLulla]

Thread: Booked profits this year? Here’s how to legally reduce your TAX before 31 March 🧵

You sold some stocks or mutual funds this year.
You made profits. 👍
Now you have to pay tax.

But here’s the part most investors miss 👇

In your portfolio, there is definitely something in loss right now.

That loss is not useless.
It can actually reduce your tax.

Yes — legally.
This strategy is called Tax Loss Harvesting

Let’s understand this step by step 👇

[CA Dinesh Lulla @CaDineshLulla]

9/ Things to keep in mind ⚠️

• Do this before 31 March
• Don’t sell good investments blindly
• Re-enter if fundamentals are strong
• Think tax-efficient, not emotional