Guides
A growing collection of how-to guides and reference notes.
- Capital gains tax in India
Encyclopedic reference on the capital gains tax regime in India: statutory framework, holding periods, computation, asset-class taxation, the post-23-July-2024 reform, exemptions, set-off rules, TDS, and reporting.
- CAMS Online portal
Encyclopedic reference on the CAMS Online portal, the investor-facing and distributor-facing customer-service interface operated by CAMS (Computer Age Management Services Limited) for mutual fund folio access, transactions, account-statements, and service-requests across CAMS-serviced asset management companies. Covers the early-2000s portal launch and progressive enhancement, the SEBI 2013 direct-plan-mandate-driven feature expansion, the integration with the broader CAMS RTA infrastructure, the comparison with KFinKart and MF Central, the AMC coverage, the transaction-execution workflow, and the regulatory framework.
- BSE Sensex
Encyclopedic reference on the BSE Sensex: the 30-stock free-float market-cap-weighted benchmark equity index of the Bombay Stock Exchange, its 1986 introduction, 1979 base date, methodology, sector and constituent composition, historical levels, dividend yield, and role in Indian equity markets.
- Boutique AMC concept in India
Encyclopedic reference on the boutique AMC concept in the Indian mutual fund industry, covering PPFAS Mutual Fund, Quantum Mutual Fund, Quant Mutual Fund, WhiteOak Capital Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund and other boutique fund houses. Discusses the characteristics that distinguish boutique AMCs from the large institutional asset managers, the advantages and limitations of the model, the market positioning of leading Indian boutiques, and the comparative dimensions against large bank-and-insurance-sponsored AMCs.
- Berkshire Hathaway class B at PPFCF (historic)
Berkshire Hathaway class B shares have appeared periodically in the foreign-equity sleeve of the Parag Parikh Flexi Cap Fund. The holding has been more symbolic than continuously concentrated, reflecting the deep philosophical alignment of PPFAS Mutual Fund with the Buffett-Munger value-investing tradition. This article documents Berkshire's role as a historic and periodic PPFCF holding, the investment thesis articulated by Rajeev Thakkar and Raunak Onkar, the unique philosophical heritage of PPFAS in relation to Berkshire, and recent factsheet positioning.
- Behavioural finance influence at PPFAS
Encyclopedic reference on the behavioural finance influence at PPFAS Mutual Fund. Traces the influence from Daniel Kahneman and Amos Tversky's heuristics-and-biases programme, through Robert Shiller's irrational exuberance and narrative economics, Charlie Munger's standard causes of human misjudgement, and James Montier's behavioural-investing writings, and explains how founder Parag Parikh's 2009 book Value Investing and Behavioral Finance applied the framework to the Indian equity market. Covers application to portfolio decisions, investor communication, and recent developments.
- Bajaj Holdings at PPFCF
Bajaj Holdings and Investment Limited has been a long-running anchor of the Parag Parikh Flexi Cap Fund (PPFCF), providing diversified financial-sector exposure through the holding-company structure of the Bajaj group. The position illustrates the PPFAS doctrine of investing in conglomerate-discount opportunities where sum-of-the-parts value exceeds the market capitalisation. This article documents the thesis, the position history and the comparison with peer holdings.
- Applicable NAV and cut-off rules for Indian mutual funds
Encyclopedic reference on the applicable NAV framework for Indian mutual fund transactions: SEBI cut-off time rules, the realisation-of-funds requirement under the 2020-21 reform, scheme-type specific tables, SIP and switch interactions, and recent developments.
- Annual report of an Indian mutual fund scheme
Encyclopedic reference on the annual report of an Indian mutual fund scheme: SEBI Regulation 56 and 57 framework, audited financial statements, trustee report, fund manager commentary, portfolio statement, performance table, investor complaints summary, dispatch obligations, and use cases for investors, advisers, and regulators.
- Annual Information Statement
Encyclopedic reference on the Annual Information Statement (AIS) of the Indian Income Tax Department: statutory anchor, data sources, AIS-TIS structure, mutual fund and capital gains reporting, reconciliation with the income tax return, and the feedback mechanism.
- Angel One mutual fund platform
Encyclopedic reference on the Angel One mutual fund platform, the integrated mutual-fund-investing feature within the Angel One Limited (formerly Angel Broking) stockbroking ecosystem. Covers the corporate history from 1987 founding through the 2021 rebranding, the AMFI ARN-based dual-plan distribution architecture supporting both direct and regular plans, the SmartSIP value-averaging feature, the integration with BSE StAR MF and NSE NMF II exchange platforms, the comparison with Zerodha Coin and Groww MF, and the role in the broader Indian direct-plan-adoption wave.
- Amazon at PPFCF
Amazon.com Inc. has been one of the largest international holdings of the Parag Parikh Flexi Cap Fund. During a disclosure period in 2025 it was the top equity holding at 8.51 per cent. PPFAS Mutual Fund initiated the position during the early years of the scheme and held through the AWS scaling, e-commerce expansion and capital-allocation cycle. This article documents Amazon's role in PPFCF, the investment thesis articulated by Rajeev Thakkar and Raunak Onkar, position evolution including the February 2022 overseas-cap freeze, and recent factsheet positioning.
- Alphabet (Google) at PPFCF
Alphabet Inc., the parent of Google, has been a foundational international holding of the Parag Parikh Flexi Cap Fund since the early years of the scheme. PPFAS Mutual Fund initiated the position when overseas allocation in PPFCF was still nascent, and Alphabet has continued through multiple market cycles to anchor the foreign-equity sleeve. This article documents Alphabet's role in PPFCF, the investment thesis articulated by Rajeev Thakkar and Raunak Onkar, position evolution including the February 2022 overseas-cap freeze, and recent factsheet positioning.
- Aishwarya Dhar
Encyclopedic biographical reference on Aishwarya Dhar, Fund Manager (Debt) at PPFAS Asset Management Private Limited, the AMC of PPFAS Mutual Fund. Covers her September 2012 career start at Tata AIA Life Insurance, her June 2015 move to ManipalCigna, her March 2021 joining of PPFAS as a Debt Dealer, her promotion to Fund Manager and her named co-fund manager role on the Parag Parikh Liquid Fund and Parag Parikh Large Cap Fund.
- Nomination on a mutual fund folio (India)
Mandatory nomination on Indian mutual fund folios under SEBI Regulation 29A. Eligibility, opt-out, transmission interplay, legal-heir distinction.
- Mutual fund unit-holder rights (India)
Rights of mutual fund unit-holders in India under SEBI MF Regulations 1996, the SEBI Investor Charter 2021, and the Indian Trusts Act 1882.
- Mutual fund trust structure (India)
Three-tier sponsor-trustee-AMC trust structure of Indian mutual funds under the Indian Trusts Act 1882 and SEBI MF Regulations 1996. Roles, safeguards, history.
- Mutual fund Registrar and Transfer Agent (India)
SEBI-registered RTAs for Indian mutual funds. CAMS and KFin Technologies dominate. Regulation 26A duties, MFCentral, KYC, Karvy 2019 enforcement.
- Mutual fund fund accountant (India)
Fund accountant role for Indian mutual funds. Daily NAV computation under SEBI Regulation 47 to 50, valuation norms, TER accounting, IDCW distribution.
- Mutual fund custodian (India)
SEBI-registered custodian of Indian mutual funds. Statutory basis, eligibility, functions, settlement with NSDL and CDSL, major custodians.
- Mutual fund auditor (India)
Statutory auditor of Indian mutual fund schemes under SEBI Regulation 55. Empanelment, scope, rotation, audit report format, ICAI guidance.
- Loan against mutual funds (India)
Secured loan against pledged mutual fund units in India. LTV norms, lien marking via CAMS / KFin / depositories, lenders, taxation, foreclosure rules.
- Yield to maturity for debt mutual funds
Yield to maturity (YTM) of a debt mutual fund is the weighted average yield of all bonds in the portfolio, representing the expected pre-expense annualised return if all bonds are held to maturity and all coupons and principal are paid on schedule.
- Yes Bank AT1 bond writedown impact on mutual funds
The March 2020 writedown of Yes Bank's Additional Tier 1 bonds to zero under an RBI-supervised resolution caused immediate NAV losses in Indian mutual fund schemes that held these instruments.
- WhiteOak Capital Mutual Fund
WhiteOak Capital Mutual Fund is an Indian AMC launched in 2022, founded by Prashant Khemka, former Goldman Sachs India and White Oak Capital Management portfolio manager.
- Wealthy.in
Wealthy.in is an Indian SEBI-registered investment adviser and direct mutual fund platform offering direct plan investing, financial planning, and NPS, targeted at do-it-yourself investors.
- Vinit Sambre
Vinit Sambre is the Head of Equities and fund manager at DSP Investment Managers (DSP Mutual Fund), known for managing DSP Small Cap Fund and for his deep research-driven approach to small and mid-cap investing.
- Vetri Subramaniam
Vetri Subramaniam is the Chief Investment Officer of UTI Asset Management Company, one of India's oldest and largest fund houses, known for his valuation-disciplined equity investment philosophy.
- Value mutual fund
Encyclopedic reference on value equity mutual funds in India: SEBI definition requiring value investment strategy, 65% minimum equity, comparison with contra funds, typical holdings in cyclical and out-of-favour sectors, taxation, and exemplar schemes.
- UTI US-64 crisis (2001)
The UTI US-64 crisis of 2001 was India's largest mutual fund collapse, forcing a government bailout, scheme restructuring, and the eventual dissolution of Unit Trust of India into separate entities.