The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget......
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. Illustration: Dominic Xavier/Rediff.com In......
Following alterations in the tax structure, mutual fund (MF) schemes that invest in overseas securities have experienced a sharp decline in inflows. Illustration: Dominic Xavier/Rediff.com In the......
The change in debt fund taxation is seen as boosting the demand for hybrid funds. Illustration: Uttam Ghosh/Rediff.com It is no surprise then that asset management companies (AMCs) have launched a......
Illustration: Dominic Xavier/Rediff.com The mutual fund industry has sought tax exemptions for long-term equity investors in the Budget for the fiscal year 2023-2024 to 'encourage long-term......