The union budget's hike in capital gains tax rates widened the gap between PMS and mutual funds. PMS incurs higher taxes due to frequent portfolio changes, prompting speculation that High Net Worth Individuals might prefer mutual funds for tax benefits. AMFI data suggested increased equity mutual fund inflows, hinting at this possible shift. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
