The economic slowdown, which has been gathering pace since the start of 2018, has now come to bite mutual fund returns. Key equity mutual fund categories have delivered lower returns than the Public Provident Fund (PPF), a risk- and tax-free debt instrument, in the last five years, even as more and more people are now investing in mutual funds, enthused by the government’s promise of bold economic reforms.
Nine big financial changes that you must watch out for in October
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