Key takeaways from Finance Bill 2023
The Finance Bill proposes changes in taxation of debt mutual funds.
The Finance Bill proposes changes in taxation of debt mutual funds.
Do not go for duration funds at this point at all
New players up the ante in target-dated funds or modelled portfolios while traditional ones innovate to catch up with a developing trend.
A year after the onslaught of the global pandemic, FPI inflows, corporate performance, and news of the vaccines were key to the Indian equity markets’ immunity against Covid-19.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.