April 01, 2016 2:49 am
The government’s decision to move the short-term capital gain cut-offs to three years and cut the tax arbitrage that FMPs enjoyed have made these plans an unattractive option when compared to FDs
September 22, 2013 12:34 pm
Mutual fund companies had filed documents for at least 24 NFOs with Sebi last month and another 10 in July.
August 30, 2013 7:18 pm
In the face of increasing volatility in the debt market,industry leaders have advised investors to keep a 12-18 months horizon in short-term and long-term debt funds for stable returns.
August 25, 2013 11:47 am
Of these,16 draft offers have been filed in August so far,while the other 10 were filed in July.
August 11, 2013 3:48 pm
The mutual fund industry is likely to see more inflows into fixed maturity plans (FMPs) in the near-term on the back of higher yield in government securities,driven by the recent liquidity tightening.
September 25, 2012 3:25 am
According to the Income Tax Act,1967,you cannot avoid tax on interest earned on bank deposits.
July 17, 2012 12:30 am
Gold ETFs invest in physical gold and track the price of the yellow metal.
June 05, 2012 9:25 pm
Economic uncertainty would lead to debt-oriented MFs attracting higher fund flow,say experts.
February 10, 2012 7:41 pm
MF industry's assets increased to Rs 6.59 tn in Jan,registering a rise of Rs 477 bn m-on-m.
June 12, 2011 4:36 pm
Fund managers are also advising investors to keep an FMP in their portfolio.