Mutual Funds hardsell debt funds as tax benefits end on March 31

MUMBAI: Mutual fund companies are wooing retail investors who seek to avail of long-term tax benefits in debt funds in the last few days of the fiscal ending March 31. Last week, the government withdrew indexation benefits for investors in mutual fund schemes that hold less than 35% domestic equity in their portfolio. The new norms will apply from April 1, 2023.According to industry players, the demand...

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