News From Press Will debt funds start losing their sheen from this fiscal year? maybe not

Will debt funds start losing their sheen from this fiscal year? maybe not

Source: Mint Apr 14, 2023

The change in capital gains tax treatment on gains arising from debt mutual funds (MFs), invested on or after 1 April, will push some investors to explore alternative investment solutions. A relevant option is Alternative Investment Funds (AIFs) which are managed by marquee fund managers and offer the ability to invest in a wider range of opportunities, including high yielding debt and other avenues.

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