The correction in the markets has taken a toll on equity portfolios of mutual fund (MF) investors, with such funds losing 11-15 per cent in the first half of the calendar year 2020. Large-cap funds — the largest equity category — have failed to meet investors’ expectations with negative returns of around 13 per cent over this period. MF distributors say they have seen investors booking losses and exiting portfolios.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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