Friday, July 12, 2024
Home News MFs open international funds for investments ahead of new tax rules

MFs open international funds for investments ahead of new tax rules

 

Gold ETF inflows decrease despite higher returns, according to data from AMFI. New technology plans for mutual funds fail. Tax exemptions, capex push, and the Adani route: What caused the Sensex to gain 2,000 points on Budget Day?
Budget 2023-2014: One-tenth of MF portfolios have yet to comply with nomination requirements before March 31. HNIs and family offices may turn to AIFs after tax blow to debt mutual funds. Mutual fund investors have time until March 31 to nominate a beneficiary. Manufacturing sector eyes revised taxation and new PLI AMC shares receive analyst support despite tax cut for debt mutual funds. Changes in debt MF tax will affect fund houses; Shares in AMC fall.

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