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Income Tax : There are various taxes surrounding the transaction of investing in mutual funds. It includes various aspects such as tax on the i...
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SEBI : SEBI seeks public input on mandatory disclosure of Risk Adjusted Return by Mutual Funds to aid investors in making informed decisi...
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Income Tax : Explore the DCIT vs K.E. Faizal case where the ITAT Cochin ruled on taxation of mutual fund gains, analyzing the application of In...
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SEBI : SEBI mandates daily disclosure of Information Ratio (IR) for equity mutual funds, enhancing transparency and aiding investor decis...
SEBI : SEBI introduces new rules for mutual funds on expense disclosures, returns, risk-o-meter color scheme, effective December 5, 2024....
SEBI : SEBI circular includes mutual fund units under insider trading regulations, effective November 1, 2024, outlining disclosure requi...
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Get clarity on the taxation rules applicable to various categories of mutual funds – equity, debt, and hybrid, under Sec 80C of the Indian Income Tax Act.
As per the extant regulatory framework, the Trustees hold the property of the Mutual Fund in trust for the benefit of the unit holders and their primary role is to ensure that AMCs appointed by them act in the best interests of the unitholders. Accordingly, any conflict between interests of unitholder and that of AMCs’ stakeholders needs to be addressed by the Trustees.
Discover top tax-saving investment strategies in India, including options like PPF, life insurance, mutual funds, and mediclaim policies. Learn expert tips for effective tax planning and explore tax-saving investment options for senior citizens. Save significantly on taxes by making informed financial decisions.
SEBI has issued the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2023. Learn about amendments and changes made to Mutual Funds Regulations in this notification.
Looking to generate higher returns and reduce risk? Discover the advantages of alternative investments such as real estate, private equity, hedge funds, and more.
SEBI Consultation Paper on Review of Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of Mutual Funds to facilitate greater transparency and accrual of benefits of economies of scale to investors The Securities and Exchange Board of India (SEBI) has released a consultation paper seeking public comments on the review […]
Payment for investment by any mode shall be accepted from the the bank account of the minor, parent or legal guardian of the minor, or from a joint account of the minor with parent or legal guardian. For existing folios, the AMCs shall insist upon a Change of Pay-out Bank mandate before redemption is processed”
Understand the taxation of capital gains on shares and mutual funds for FY 2022-23 & 2023-24. Explore terms, holding periods, and tax rates. Learn the impact of amendments introduced by the Finance Act, 2023.
SEBI decided that AMCs shall file all final offer documents (final SID and final KIM) only digitally by emailing the same to a dedicated email id. viz: imdsidfiling@sebi.gov.in and there would be no requirement of filing of physical copies of the same with SEBI.
L&T Mutual Fund Trustee Limited had requested SEBI regarding surrendering the registration granted to L&T Mutual Fund by SEBI to operate as a mutual fund.