Diabytes
MF investors News
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Industry experts attributed the surge in AUM to 'aggressive' investor awareness campaign both at the individual as well as at industry level.
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MF schemes saw a net inflow of Rs 2.72 lakh crore in 2017-18, much lower than Rs 3.4 lakh crore seen in the previous financial year.
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Should I redeem because the markets have touched new highs or valuations are expensive? Know.
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Investors have found ways to earn a regular monthly income even post retirement.
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Mutual funds is a professionally managed investment scheme that brings together a group of individuals and invest their money in stocks, bonds and other securities.
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These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner.
To attract retail investors, mutual fund houses are tapping social media platforms like WhatsApp and a host of other calling and messaging apps to facilitate transactions in MF products.
MFs collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets.
He also increased the long-term capital gains tax rate on debt-linked mutual funds to 20 percent from 10 percent.
Jaitley said that higher tax on debt mutual funds will apply prospectively from July 10.
The government will not retrospectively tax debt fund investors, as per Zee news sources.
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