Most mutual funds investors invest mainly to build their retirement fund. No wonder, the recent launch of retirement funds has caught their attention. However, there is a small trouble. The new retirement funds do not qualify for tax breaks under Section 80C of the Income Tax Act, while the old ones qualify for tax deductions. Section 80C allows tax deductions of up to Rs 1.5 lakh on some investments in a financial year. Predictably, these investors are calling up their mutual fund advisors for ..
