News From Press FoFs get their groove back: Tax tune-up resets growth tempo, shows data

FoFs get their groove back: Tax tune-up resets growth tempo, shows data

Source:BS 3 hours ago

Domestic FoFs hit a flat note after losing indexation benefits in April 2023

The domestic fund of funds (FoFs) sector, which had struggled after the loss of indexation benefits in April 2023, has seen a revival in investor interest following the tax adjustments announced in the 2024 Budget.

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