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Peerless Mutual Fund launches Peerless Midcap FundPeerless Mutual Fund has launched Peerless Midcap Fund, an open ended growth scheme. The NFO opens for subscription on November 16, 2015 an...- FM Arun Jaitley offers only partial tax relief for investors in debt MFsHe said the high tax rate of 20% on debt mutual funds will apply from July 11, the day after the budget was presented, and not from April 1.
- Government concessions to debt funds a partial relief: Mutual Fund industryEarlier this month, the Union budget had proposed doubling of the long-term capital gain tax on debt-oriented mutual fund to 20 per cent wi...
- Fund Managers now prefer job security over fat pay cheques and bonusesFund managers at smaller funds are chasing job security and big AMCs are using the opportunity to pick good talent without writing fat pay ...
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