Bazaar Advanced
Derivatives, risk and tax: the parts that cost people money.
How futures and options really work in India, position sizing that keeps you in the game, and the capital gains rules that decide what you keep.
Derivatives
Futures and options as they actually work in India, and who they are for.
1 of 3 written- 1.1 Futures and options in India: how F&O actually works, and why nine in ten retail traders lose
A plain explanation of futures, calls and puts using Nifty numbers, what SEBI's 2024 and 2025 rule changes did to the market, and the regulator's own study of what happened to more than a crore of individual traders.
- 1.2 Hedging a portfolio with index puts
- 1.3 Option pricing in plain words: time, volatility and the Greeks you need
Risk and the whole portfolio
Sizing, allocation and the other asset classes that make equity survivable.
1 of 4 written- 2.1 Position sizing and risk: the maths that keeps you in the game
Most investing books spend 300 pages on what to buy and three on how much. This lesson reverses the ratio: the one percent rule, the arithmetic of drawdowns, why leverage is a different animal, and a worksheet you can fill in tonight.
- 2.2 Asset allocation and rebalancing
- 2.3 Government bonds and RBI Retail Direct
- 2.4 REITs and InvITs: property and roads by the unit
Tax and paperwork
What you keep after the taxman, and what happens to it when you are not around.
1 of 3 written- 3.1 Capital gains tax on Indian shares: STCG, LTCG and the rules after July 2024
The holding period that changes your rate, the 1.25 lakh exemption, what happened to buybacks, how intraday and F&O are taxed differently, and the set-off rules that let a bad year shrink a good year's bill. With worked numbers.
- 3.2 Nominations, joint holdings and wills
- 3.3 Filing your return as an investor: ITR-2 and ITR-3
Go back to Bazaar Intermediate if anything here felt rushed.