Micro SIP - Cancelled for want of KYC (Started in pre pan Era)

Dear Friends,
  
I have a doubt in the following case:


When a sip is started as a Micro sip, or pre compulsory pan era now when the client has obtained a pan and submitted a pan to the AMC, why are they canceling the SIP for want of KYC, if any one at least in the AMC side could justify the same I would be happy and update myself.


Regards,
Alagappan
ARN- 3912
9841055577

THIRD PARTY DECLARATION required or not?

Dear All,

In the following scenario THIRD PARTY DECLARATION required or not?

1.    Investment minor through guardian----

2.    Guardian --- Mother

3.    Mother investing on her Son’s Name

4.    Cheque signed by mother – name is also printed in the cheque. ( Payment from mothers bank a/c)

5.    Application signed by mother

6.    Mother name mentioned in the Son’s birth certificate

7.    Investment amount  Rs.2000/-  per SIP

Regards

Barathwaaj

Inheritance

Dear Colleague,

Greetings!

A client is 80 yrs old with substantive investments in Mutual Funds and Stocks.

Most are in single holding with wife as nominee.

How ensure transfer of these assets to their children after the demise of both husband and wife.!.Foolproof in law!

Grateful if some one could advise me.

Thanks n Regards,

Joy Koruthu

ARN 12252

Diff between Year to date and One year Return?

Please clearfy the term trailing returns "Year-to-date". 


What is the basic difference between "1-year-Return" and "Year to date" return".

Thanks & Regards,

Surinder Singh

Certified Financial Advisor LIC of India | Wealth Management Consultant,  

#1312/9, PhaseXI, Mohali -160062 PUNJAB, INDIA| +919814186640| invest.grow.secure@gmail.com

New Pension Scheme (NPS)

I am an Adviser of various mutual fund. ( IFA) ARN : 63950 . Would you kindly advise me how I distribute NPS product to my customer. 

I am from Kolkata. 

Thanks & Regards

 

SOMNATH BANIK ARN - 63950

Form 15 G / 15 H by person earning taxable income

     Can a person earning taxable income give form 15G / 15 H for not deduction TDS on his investment?  So that he can pay advance tax on his own.

STT (Securities Transaction Tax)

1  What is STT?  What is its implication on being charged in the equity fund? If there is a short term loss in an equity fund and if STT is charged, can it be claimed as refund or adjusted with other gains?