I am a retail investor and a sub-broker with Kotak Securities; and I have a complaint regarding the passback given to the retail investors in IPOs by way of cash or kind. Very often, many sub-brokers issue newspaper advertisements offering such passbacks to lure investors to invest in IPOs. I can give you the names of some such sub-brokers who issue ads in my city - Jamnagar, Gujarat. They...

The only way to save long-term capital gains tax is to invest in specified assets. Tax expert Ameet Patel lists the rules you should know

All of us would love to earn a pot of money from the stock markets and/or properties. And, of course, we would not want to pay taxes on these profits. How can we do this? Firstly, if you have earned short-term capital gains, you cannot save tax on such...

Fresh ideas from fund companies are rare. Here is one

In the second issue of MoneyLIFE, we highlighted the idea of quantitative investing (“The Quantitative Approach to Investing”, MoneyLIFE, 21 March 2006). There was hardly any discussion about quantitative investing then. Even today, most discussions about a stock revolve around whether it is undervalued, based on fundamental factors such...