As Finance Minister Nirmala Sitharaman gets set to present her maiden Union Budget next week, the Association of Mutual Funds in India has proposed introduction of debt-linked savings scheme (DLSS) to deepen the Indian bond market.
Besides, the MF body also seeks uniform tax treatment in respect of investments in mutual fund units and ULIPs of life insurance companies and also for retirement/pension schemes of MFs vis-a-vis NPS.