After a lull of almost two months, mutual fund houses seem to be back in business. Fund houses have filed draft documents for 10 new schemes across categories since May 21. Industry participants attribute the newfound confidence to the ‘recovery’ in the market since the last one month. Axis Mutual Fund, the first one to get back to the arena, has filed for four new schemes, which include two international funds, an Exchange Traded Fund (ETF), and Fixed Maturity Plan (FMP).
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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