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  • News From Press When More Is Less: Multi-asset funds with a higher tax rate may work wonders

    When More Is Less: Multi-asset funds with a higher tax rate may work wonders

    Source: Moneycontrol Apr 9, 2024

    I prefer to have a product which has a lower tax rate,” is a common refrain. But are lower tax products better? Or are there products where the seemingly higher tax rate is not a disadvantage, indeed, an advantage in some cases? When I started examining when a higher tax rate is not a disadvantage, some obvious scenarios emerged. Such as: a) when an individual's tax bracket is low; b) when the asset allocation warrants choosing a product irrespective of the tax rate

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