Fixed income mutual fund investors have been a harried lot of late. The last one year has been a truly vexing time. Liquid and short-term funds produced abysmal returns, barely outpacing inflation. The carnage in the bond markets with yields shooting up by about 100 basis points resulted in returns in the range of 1-2 per cent for most of the long duration funds. Even that tiny gain was taxable. At the same time, the equity investor even in basic index funds earned about 28 per cent tax-free ret ..
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
Read More
