Hedge funds returned 8.5% in 2017, 5.5% in 2016 ... Does this mean that hedge fund managers are dumb as a rock when it comes to picking stocks? The answer is definitely no. Our best performing ...

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If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits ...

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers) ...