Net withdrawals from stock plans may top 10 billion rupees ($134 million) in July, said Nilesh Shah, managing director of Kotak Mahindra Asset Management Co. and chairman of the Association of Mutual Funds in India. That would be the first net outflow since March 2016. AMFI data for July is due early next month.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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