Debt Mutual Funds to Lose Sheen
2023 • 26min • News • Business
Published On: March 24, 2023 - In a massive setback for investors, debt mutual funds held for more than three years will no longer enjoy the benefit of indexation. What should investors do now? Which investment periods will come under the new rule? Will fixed deposits once again regain their exalted status? Why did the government suddenly bring in this amendment? Shweta Kothari of News9 Live joins Laxmi Iyer, Gurmeet Chadha and Sahen Karamchandani to decode the big development which is going to impact investors and make debt mutual funds less attractive.