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    • MF News Dont buy MF schemes for bonus, dividends

    Dont buy MF schemes for bonus, dividends

    Source: Business Standard May 26, 2015

    Mutual fund schemes that declare bonuses are a big draw, as these schemes allow investors to employ what is known in industry parlance as "bonus stripping" to book a short-term capital loss and set it off against long-term capital gains.

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