Articles - Mutual Fund
OTM in Mutual Funds for SIP
Learn about the meaning, benefits and procedure for OTM mandate in Mutual Funds
Many of us choose to invest in debt funds for a lower tax rate than FD, but from 1 Apr 2023 onwards, the benefit of lower tax is no more applicable to new investments. As per recent change, Non-equity oriented funds (Funds where equity investment does not exceed 35% of the total portfolio value) gain will be added to an investor's income and taxed as per the income slab. Let's understand this change and its impact on related instruments.