While ABSL MF has proposed to merge 17 FMPs with low duration fund and Nifty SDL 2027 Index Fund, HDFC MF intends to merge 6 FMP schemes with its corporate bond fund.
MFDs need to concentrate on high-end and affluent clients as bottom of the pyramid investors will continue to adopt online platforms, said Nilesh Shah, MD and CEO, Kotak MF.
Daylynn Pinto, Senior Fund Manager - Equity at IDFC MF shares with us his outlook on equity market, advantages of ELSS and the success formula behind IDFC Tax Advantage (ELSS) Fund.
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