The change in taxation for debt mutual funds has changed the status quo on investment strategy for high net worth individuals. Earlier, a simple moderate portfolio that had a 50:50 split would have a large allocation to debt mutual funds due to the high post tax return in the same.
Debt funds also gave diversification and reduced portfolio risk without much compromise. This has changed. The benefit of an uncorrelated exposure that was consistently performing on a post tax basis has now d ..
