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How good is OptiMix Dynamic FoF scheme?

 SummaryTypeClose-ended (FoF)BenchmarkCrisil Balanced Fund IndexMin. InvestmentRs 5,000 FaceValueRs 10 Entry LoadNilExit LoadNil*Issue OpensAugust 30, 2006Issue ClosesSeptember 28, 2006* In case of......

Buying this FoF? Not worth it

 The concept of fund of funds has not really picked up in India in a big way. The biggest reason has been the tax treatment meted out to them. Despite being equity-oriented, fund of funds are......

Funds' funds may get capital gains tax relief

 The finance ministry is considering a proposal to exempt "fund of funds" mutual funds from long-term capital gains in the forthcoming Budget.These funds, which essentially invest in a clutch of......

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