2021-22 Report Card: Performance of Scripbox Recommended Mutual Fund Portfolio
Here’s how the Scripbox recommended set of funds performed last year.
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...
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
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.
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2020-21 Report Card: Performance of Scripbox Recommended Mutual Fund Portfolio
Here’s how the Scripbox recommended set of funds performed last year.
Is there any tax implication on transfer / remittance of funds into Stockal platform for making investment in foreign securities?
Transfer of funds into an external platform would not result in any profit/gain as it involves only transfer of funds to self. Further no transaction has been undertaken / executed resulting in any transfer of any asset. Any foreign remittance...
What are the tax implications when investing in US stocks?
Below are the tax implications when investing in US stocks: Capital Gains NOT taxed in the U.S.Considered as “Investment in Unlisted Securities”Short-term is < 24 months (lower than 36 months in debt funds and US oriented funds)STCG – Slab Rates...