Mutual funds’ (MFs) equity buying jumped over twofold in 2024 to top Rs 4 trillion for the first time. The sharp rise comes after two back-to-back years of over Rs 1.5-trillion deployment. MFs have the largest institutional buyers in the equity market in two of the last three years — 2022 and 2024. In 2023, they were only slightly behind foreign institutional investors (FIIs).
Debt mutual funds may get tax relief on capital gains
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