Mutual fund firms are wooing retail investors who seek to avail of long-term tax benefits in debt funds in the last few days of the fiscal ending March 31, report Aseem Gujar & Partha Sinha. Last week, the government withdrew indexation benefits for investors in MF schemes that hold less than 35% domestic equity in their portfolio. The new norms will apply from April 1.
from Times of India https://timesofindia.indiatimes.com/business/india-business/mutual-funds-hardsell-debt-funds-as-tax-benefits-end-on-march-31/articleshow/99073919.cms
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