DSIJ Mindshare

The imposition of 10 per cent tax on LTCG exceeding Rs 1 lakh made from the sale of stock and equity mutual fund units held for over one year implies that the benefit of holding the stocks and mutual fund units for a year or more will not be available from April 1, 2018, onwards. However, ULIPs are exempted from LTCG tax. Let's us check how they compare against ELSS...

Tracking error is a measure to analyse index funds. The basic premise of investing into index funds is to achieve the returns which are commensurate to that of the targeted benchmark Index. An Index Fund is a mutual fund scheme that invests in the stocks which constitute benchmark index by replicating the weightage given to the securities on the benchmark.

The three exchanges, NSE, BSE, MSEI in consultation with the Finance Ministry and SEBI decided to terminate the data sharing licenses given to foreign exchanges. This data is used to enabled foreign exchanges settle trade at their end. Read on to how more...

The company's EBITDA for the quarter jumped to Rs 4.7 crore with a corresponding margin expansion of 937 bps. Its EBITDA margin for the quarter stood at 10.9 per cent.

The PAT for the quarter came in at Rs 105.06 crore, an increase of 128.3 per cent YoY. This PAT growth was attributed to sharp jump in other income to Rs 16.17 crore, as against Rs 4.74 crore in the corresponding quarter of last year.