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NEWS January 25, 2022 LTCG tax impact: Equity mutual funds see huge redemptions in March
By: Loknath DasThe mutual fund industry witnessed huge redemptions in equity schemes in March as investors lined up to redeem their units and save on 10 per cent long-term capital gains tax that the government has proposed. According to data released by Association of Mutual Funds in India, while the gross investments into equity schemes of mutual […]
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ALL DEALS August 13, 2016 Mutual fund SIPs can be for long-term and short-term goals
By: sristy SahaiStockPhoto I am 37 and earn Rs. 12 lakh per annum. I have a pure-term insurance of Rs. 50 lakh from LIC and health insurance ofRs. 10 lakh from National Insurance. I also have a home loan of Rs. 15 lakh and car loan of Rs. 2.4 lakh. Every year I invest Rs. 75,000 in […]