This is a two part series on the impact of the new taxes on mutual funds, and how they will hit the investment dynamic. Balanced funds invest in stocks and fixed income instruments like bonds and government securities. They need to invest a minimum of 65% in stocks to get taxation benefits of equity funds,
This is a two part series on the impact of the new taxes on mutual funds, and how they will hit the investment dynamic. Balanced funds invest in stocks and fixed income instruments like bonds and government securities. They need to invest a minimum of 65% in stocks to get taxation benefits of equity funds,