L’Oréal is in advanced talks to acquire a majority stake in 𝐈𝐧𝐧𝐨𝐯𝐢𝐬𝐭, the D2C personal care house behind Bare Anatomy at a reported valuation of ₹𝟯,𝟮𝟰𝟬–𝟰,����𝟳𝟬 𝗰𝗿𝗼𝗿𝗲. If closed, this could be one of the largest strategic buyouts in India’s consumer startups
In contrast, mutual funds are tax-exempt at the fund level, so any churn within the fund does not add tax for the investor, who will only pay capital gains tax upon redemption.
India’s Portfolio Management Services (PMS) industry is not driven by just the wealthy.
A key driver of its rapid growth over the past few years has been the pension savings of ordinary salaried individuals.
EPFO is mandated to route its debt investments through PMS providers At the same time, traditional HNI investors are slowing down due to:
• higher capital gains tax on churn
• a minimum ₹50L ticket size
• PMS costs increase due to compliance/reporting costs
@TarunSuneja13 You can, but you can't win everytime right? If there is no cash balance to offset the losses, then interest would be charged against the debit balance.
Thread 🧵 on how to Pledge for margin and to increase Returns on Option selling and Futures trading?
A lot of people have stocks, etfs and mutual funds in their holding and have limited cash margins and are not aware of pledging.
not a reco, only for educational purposes only: