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#455 Daily Money Show | Money Purse Stock Market News
Original: # 455 Daily Money Show | Money Purse Stock Market News
Takeaway
A Rs 15K/month SIP at 15% for 15 years builds ~Rs 1 crore; later SWP taxation follows FIFO unit basis.
Summary
- Credit Suisse statement on IIT stocks with low valuations amid macro headwinds
- US economy and macroeconomic headwinds discussed
- Viewer Q: 15K SIP for 15 years at 15% reaches ~Rs 1 crore; then 30K SWP from year 16
- Tax procedure on SWP profits explained — FIFO unit purchase basis
- Standard market wrap covering electronics and other sectors
SIPSWPCredit Suisse
Original description
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