Sanjay Bhargava, Chairman & CEO, Bharosa Club talks to Cafemutual about how robo advisory business is taking shape in India and why his company believes that hybrid model is the way forward
In terms of growth in percentage, B15 cities have overtaken T15 cities. In fact, it has recorded a growth of 33% in the calendar year 2016 as against 25% in T15.
The actual date of investment and cost of merged scheme to be considered for taxation purpose if an investor chooses to exit the surviving scheme after the consolidation.
UTI Mutual Fund has bundled its three tax-saving schemes – ELSS, retirement fund and ULIP in a plan called UTI Smart Plan to help investors avail the benefits of tax deduction under section 80C.
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