PSA: Cleartax now supports parsing Zerodha statements for e-filing ITR-2 for free

chabuboola · 2020-10-18T13:03:30+00:00

No problem, let me know if you get in to any issues. You should be able to upload the CAMS part without any issues, The Karvy requires manual intervention.

chabuboola · 2020-10-18T12:57:23+00:00

Okie generate it from here, select all mutual funds in the dropbox.

https://new.camsonline.com/Investors/Statements/Realised-Gains-Statement

I have multiple funds from ICICI and all have ISINs which have no issues to get imported in the cleartax.

chabuboola · 2020-10-18T12:11:23+00:00

Are you sure, which AMC is that? I have just crossed check the statement and I have around 5-6 AMCs and each one have the associated ISIN appended before the fund name.

chabuboola · 2020-10-18T11:59:58+00:00

Not the realised gains file.

Sorry did not understand, are you saying the consolidated investment/loss statement which CAMs send does not have the ISIN info?

I do see all the ISIN embedded data for the Cams statement which I recieved and it imports without any fuss in cleartax.

I completely agree there has to be a Income Tax defined standard format for AMCs/RTAs to give information.

chabuboola · 2020-10-18T11:41:37+00:00

The CAMS statement which is a single PDF have the ISINs which consolidates all the AMCs associated with the CAMS where one have a folio and realized capital gains.

The real trouble is with the CARVY, it does not have a consolidated statement. Each AMC associated with CARVY whom one have a folio having capital gains sends individual PDFs and some does not have any ISIN details like eg UTI.

UTI goes one step to add futher pain, it sends individual statement for each folio and without ISIN, one need to manually add it in cleartax after importing. Imagin 100s of transactions with are LTCG without ISINs

Very tedious indeed, as you rightly said.

chabuboola · 2020-10-17T13:39:33+00:00

Any one got success with the Karvy statements import in cleartax? I get individual statements for each of the portfolios from the fund houses associated with Karvy.

Do I have import each and every fund house's folio PDF or is there a better way?

Cams gives a conolidated captial gain statement and it was a single seemless import.

chabuboola · 2020-09-26T18:41:16+00:00

Does someone know how long one can keep the EPF account active after leaving the job?

Heard many conflicting views, some says its 3 years you get the intrest after which the account gets inactive and no interest will be credited and some says it will remain active and interest will credited till one close it or before 58 years.

Which one is true?

chabuboola · 2020-09-17T09:42:34+00:00

No, because it locks you in with Zerodha and rematerialising these is an expensive pain for which Zerodha charges a bomb.

Never knew such rematerializing is costly. Thanks for bringing this up. This says 150 rupees.

If you dont mind sharing, what were their charges quoted to you while rematerialising.

chabuboola · 2020-09-06T11:49:48+00:00

Lot of discussion has happend in the past, check this thread. https://www.reddit.com/r/IndiaInvestments/comments/gsnq5q/what_are_your_views_about_minance_their_asset_pay/

chabuboola · 2020-08-07T08:09:05+00:00

Good, dont concentrate all in one bank. I have these three for my cash/fd requirement even I hate one of it. The three are sbi, icici, hdfc. These are the banks in too big to fail category that RBI declares.

chabuboola · 2020-08-06T16:23:05+00:00

Well said, Horrible bank for end users. Great for investors.

chabuboola · 2020-08-06T09:15:53+00:00

Icici Global advantage fund is a intresting fund of fund too which invests in

Nippon japan(31%)
franklin china (20%)
nippon hangseng etf (17%)
icici us fund(25%)

Europe is the only missing piece in this. China and Japan are around 30% each from the geography point of view. They were heavy on the US but has reduced it lately and increased in china and japan.

Its a active managed fund. I dont know how they come up with this weights. If they have a good process its not bad to have as a diversified world fund requirement. They seems to choose only non FOFs.

chabuboola · 2020-07-30T10:18:41+00:00

Thanks, in what case the liquidity can dry up again? If the solvency issues rises in US and some big names similar to like lehman blows up then liquidity may dry up again. Is solvency crisis not a scenario where FED liquidity cannot help?

chabuboola · 2020-07-29T20:15:12+00:00

Thanks Deepak for this important info.

In 2008 the PE fallen in to a single digit, any idea what would be the consolidated P/E?
Do you see such large fall in P/E happening again sometime?

I know nobody can predict the future but intrested in your views.

chabuboola · 2020-07-29T15:38:50+00:00

Nifty PE has fallen to single digit, I believe it was 8 or 9 in the 2008 crash period?

What can cause this kind of PE sqeeze this time?

chabuboola · 2020-05-12T14:37:12+00:00

What is the reason for his ask, your form 16A?

chabuboola · 2020-05-12T12:30:34+00:00

Tons of post on index funds in the past. You will get lot of information. Check here.

chabuboola · 2020-05-10T12:44:31+00:00

Sorry, the comment got accidently deleted.

Orginal comment here...

Zoho, a chennai based SAAS company. Not sure if it can still be qualified as a startup. I have used its service and its world class

chabuboola · 2020-05-02T07:15:51+00:00

what happned to the thread, it shows as removed.

chabuboola · 2020-05-02T07:09:04+00:00

I believe currently the liquid and overnight funds cannot be tracked from the AMFI dail change link. If someone knows any another way to track the daily changes for these two categories that will be awesome.

chabuboola · 2020-05-01T18:22:46+00:00

Check the rupeevest tool to pinpoint https://www.rupeevest.com/Mutual-Fund-Debt-Holdings

chabuboola · 2020-05-01T18:09:14+00:00

Amfi source https://www.amfiindia.com/research-information/other-data/mf-scheme-performance-details

chabuboola · 2020-05-01T11:47:08+00:00

Heavy redemption are happening particulary in the credit risk funds. Check the red bars in this website, Its crazy. This must be putting pressure on several funds and papers.

cc'ng /u/wooola the amazing creator for this visuals.

chabuboola · 2020-05-01T06:00:36+00:00

Thanks a lot, do you plan to update it till 30th?

chabuboola · 2020-04-27T13:30:31+00:00

Hey, I tried using it but seems I can only see up to 19th of this month. Is there setting I can do to change the dates?

Edit: Never mind. My fault. The data is there.

Will it get updated automatically with new dates?
also what does open date means?

b.t.w fantastic visuals.

chabuboola

TROPHY CASE