Investors in tax-saving mutual funds need to pull up their socks and invest much before the March 31 deadline. A new rule came into effect about a couple of months back. SEBI’s rule on NAV applicability means that allotment of units on your investment in a mutual fund (MF) will happen only when the money reaches the asset management company’s (AMC’s) bank account.
Nine big financial changes that you must watch out for in October
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