News for 'Elss Mf'

Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains...

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years....

The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in...

Soon after the finance ministry cleared the haze on tax treatment of equity linked savings scheme, fund managers are lining up such policies to tap investors eager to participate in the stock...

About 24 fund houses saw a decline in their debt AUMs in the past one year.Ashley Coutinho reports. Photograph: Francis Mascarenhas/Reuters 2018 was a mixed bag for the mutual fund industry. While...