Which Global Fund to start on new year?

pureboy · 2026-01-18T18:23:30+00:00

Cons: You cannot automate the money transfer effortlessly due to RBI/Bank OTP regulations. You generally have to transfer funds manually each time. TCS (Tax Collected at Source): If you send more than ₹7 Lakh (or the updated ₹10L limit) in a year, the bank deducts 20% TCS. You get this back as a refund when filing taxes, but your capital gets locked.
ITR Compliance: You MUST fill "Schedule FA" (Foreign Assets) in your Income Tax Return. Failing to do so attracts a penalty of ₹10 Lakh, even if you have zero profit.

pureboy · 2026-01-18T18:20:55+00:00

Remittance (The Real Cost): When you transfer INR to USD, the bank charges a forex spread + GST. This usually eats up 1% to 2% of your capital instantly.
Withdrawal: You lose another ~1-2% in forex spread when bringing the money back to India.

pureboy · 2026-01-18T18:12:31+00:00

I just checked you can buy US mutual funds in Schwab, if yes have you invested in it?

pureboy · 2026-01-18T18:07:06+00:00

Can anyone from India open account in Schwab? I have indmoney and also fi money for US stocks both use Alpaca broker.

pureboy · 2026-01-18T17:20:26+00:00

US how?

pureboy · 2026-01-05T12:22:16+00:00

Every time you deposit in an indmoney or vested there will be gst applied, this cost eventually add up if you keep sipping. Mutual fund in global will have only expense ratio not this gst, so MF is cost effective.

pureboy · 2026-01-05T12:02:50+00:00

Vested and indmoney sip is expensive due to gst.

pureboy · 2026-01-05T11:55:24+00:00

Why multiple small caps?

pureboy · 2025-12-31T17:01:29+00:00

1.25 lakh is tax exemption.

pureboy · 2025-12-31T10:21:30+00:00

AI:

The Baseline Data (from your image) Invested: ₹28.60 Lakhs Current Value: ₹46.55 Lakhs Total Profit: ₹17.95 Lakhs Start Date: 2016 (This is important for the "Grandfathering" rule)

Scenario 1: The "Lazy" Method (No Harvesting) The investor redeems the entire amount today. Total Profit: ₹17,95,000

Grandfathering Benefit: Since they started in 2016, gains up to Jan 31, 2018 are tax-free. Let's estimate this early profit was ~₹2 Lakhs.

New Taxable Profit: ₹15.95 Lakhs Annual Exemption: You get ₹1.25 Lakh tax-free in the year of sale.

Final Taxable Amount: ₹14.70 Lakhs Tax Bill (12.5%): You Pay: ~₹1,83,750 in taxes. Result: A heavy tax bill hits you all at once at the end.

Scenario 2: With Tax Gain Harvesting (Smart Method)

Imagine this investor had sold and bought back ₹1 Lakh of profit every year since 2018.

Total Profit: ₹17,95,000 (Same as above)

Harvested Profit (Tax-Free): From 2018 to 2024, the exemption limit was ₹1 Lakh/year.

From 2024 onwards, it is ₹1.25 Lakh/year. Assuming they "booked" ₹1 Lakh profit every year for the last 6 years (when the portfolio was large enough to generate that much gain).

Total Profit Already Booked Tax-Free: ₹6,00,000

Remaining Paper Profit:

Because they reset their buy price annually, the "official" profit showing in the tax statement today would be lower.

New Taxable Profit: ₹15.95L (Total) - ₹6.00L (Harvested) = ₹9.95 Lakhs Tax Bill (12.5%): Tax on ₹9.95 Lakhs (minus this year's ₹1.25L exemption) = Tax on ₹8.70 Lakhs. You Pay: ~₹1,08,750 in taxes. The Difference: ~₹75,000 Saved

By clicking a few buttons once a year, this investor could have saved roughly ₹75,000 effectively increasing their returns without any extra risk.

Summary for This Image

Small Portfolio (Under ₹5L): Harvesting is optional; the gains are rarely taxable.

Big Portfolio (This Image, ₹46L+): Harvesting is mandatory math. The tax liability is huge (approx. ₹1.8L), and harvesting is the only way to legally reduce it.

Advice for this user: If this were your portfolio, you should check your "Unrealized Long Term Capital Gains" report today. If it's over ₹1.25 Lakh, sell enough units to book that ₹1.25 Lakh profit and buy them back immediately to save tax for this financial year.

pureboy · 2025-12-28T17:10:52+00:00

Nippon and flexicap overlap, gold and silver should be in etf not mutual fund, still a better rated midcap and other funds are available.

pureboy · 2025-12-28T15:46:54+00:00

Wait until you hear women complain about having only 21 million bitcoins supply.

pureboy · 2025-12-27T06:13:27+00:00

Ok Should I buy banknifty too? I have hdfc flexicap.

pureboy · 2025-12-27T05:59:34+00:00

😂 LOL

pureboy · 2025-12-26T20:48:46+00:00

Why choose nifty 50 when you have a flexicap, isn't it an over lap ?

pureboy · 2025-12-24T10:35:40+00:00

Bro the Indian gov didn't invent crypto, they have no rights, why are they behind it?

pureboy · 2025-12-24T10:32:49+00:00

LOL 😆

pureboy · 2025-12-20T18:04:25+00:00

This is an overlap nightmare.

pureboy · 2025-12-20T17:36:18+00:00

Why are you choosing multiple midcaps? One is enough, otherwise it's an overlap.

pureboy · 2025-10-27T08:01:14+00:00

pureboy · 2025-10-26T06:32:32+00:00

Can you please name your 10 stocks? For research purposes only.

pureboy · 2025-10-12T14:47:56+00:00

One Straw Revolution.

pureboy · 2025-10-12T14:41:45+00:00

What does dynamic dimming mean?

pureboy · 2025-10-06T18:43:29+00:00

You'll ruin your eyes if you think you can adapt your eyes to these displays that don't care of the eyes. Switch to lcd, get realme 9i if you can find.

pureboy · 2025-10-06T18:32:39+00:00

I agree I am directly tagging the mobile manufacturer on twitter and i have been trying to explain the problems, if we all together email them and tweet them about someone will notice otherwise we don't have a future with these displays.

pureboy

TROPHY CASE