Several mutual fund houses have recently launched 10-year closed-ended Equity Linked Saving Schemes. ICICI Prudential Mutual Fund has launched ICICI Prudential Long-term Wealth Enhancement Plan, BOI AXA Mutual Fund has launched its first series of BOI AXA Midcap Tax Fund- Series 1, and UTI has also launched its sixth series of its UTI Long Term Advantage Fund. While the fund houses believe that a 10-year closed ended fund is a good long-term wealth solution, mutual fund advisors frown upon these ..
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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