How much will I be charged when investing with Stockal?
Below are the charges which will be charged: Account Opening and Maintenance Charges: 0Third Party Charges:Brokerage (on buy and sell trades) 0.50% of the trade value (minimum $1 per trade)One Time Account Setup: $5 (for processing of Form W-8BEN to prevent...
What are the steps to place a withdrawal request from my US Stocks account, where my source bank is in India but the destination bank is in a different country?
You need to send a withdrawal request letter with the required details mentioned below:Your nameYour Stockal account numberWithdrawal amount in USD ($)Reason for the withdrawalWhy it is requested to a different countryDestination bank’s Bank account numberYour name as per the...
US Fed may hike rates. Will it impact Indian Equity?
In the short term, there may be a negative impact as FPIs invest less in emerging markets, including Indian equity, thanks to a potential rate hike in the US. Indian domestic consumption and economic revival will be mitigating factors.
What are the NAV applicability norms in mutual funds starting from 1st February 2021
This is in relation to a SEBI circular published on 17th September 2020, on the Uniformity in the applicability of Net Asset Value across various schemes upon realization of funds
Second wave of Covid in India – What should you do with your equity holdings?
One of the key questions is whether equity investors should convert their equity holdings to cash given the likely economic impact of the second wave and even a third wave as is being predicted by some.
All withdrawals are not equal after LTCG tax on mutual funds
We are the first mutual fund investment service with an algorithm that helps you reduce long term capital gains tax (LTCG) at the time of withdrawal.
March keeps markets on the edge, rising US Bond yields likely suspect
It was a difficult month for investors as the markets didn’t stick to their highs and fell largely due to rising US bond yields. Rising COVID numbers in India are also a concern though the vaccination drive has started in earnest. The government’s disinvestment agenda seems to have taken off. This is a silver lining, to say the least.
March keeps markets on the edge, rising US Bond yields likely suspect
It was a difficult month for investors as the markets didn’t stick to their highs and fell largely due to rising US bond yields. Rising COVID numbers in India are also a concern though the vaccination drive has started in earnest. The government’s disinvestment agenda seems to have taken off. This is a silver lining, to say the least.