Search for high returns make individuals consider investments in stocks. But they bring in ‘high risk’ to the table. Many senior citizens and low risk investors are looking to invest in stocks and equity mutual funds for high returns given low returns offered by traditional fixed income options such as bonds and fixed deposits. But the thought of losing one’s capital is a big deterrent. Here is how you can invest in equity funds without losing your capital.
Going forward, investments in tax-saving funds would attract 10.4% capital gain tax on redemptionRead More