India’s biggest tax reform, Goods and Services Tax or GST, is about to be a reality from July 1. Many mutual fund investors would be wondering whether GST will have any adverse impact on their investments. Well, the answer is: yes, it will have a marginal impact on mutual fund investments.
“The impact will not be that big, but it surely will change something for the mutual fund investors,” says Neil Parikh, CEO, PPFAS Mutual Fund.