There has been an introduction of the following regulatory changes:
Due to these changes, overnight and liquid funds are losing their attractiveness.
What is the impact and way forward for institutional investors who have a longer investment horizon?
Finance Act 2019 have made several amendments to the Indian Stamp Act 1899.
With this change, stamp duty will be applicable on mutual fund units, effective from 1st July 2020.
Will our mutual fund investors contribute more towards the economic reforms? Check out our anaylsis report on mutual fund returns.
This report analyses the inflows/outflows to the major Mutual Fund categories over the past 3 months.
What is evident is that money was chasing quality assets.
SEBI released a circular dated 30th April 2020 defining the relaxations on compliance requirements for Mutual Funds. Official circular can be found here.
All these changes have an effect on the markets. Here is our impact analysis of the effects on the market when these regulations are implemented.
The financial industry in India is seeing some unusual and even some unprecedented events due to COVID19. As everyone is trying to maintain some sanity, Franklin Templeton takes an unexpected step by closing six debt fund schemes. This has definitely shaken up the Indian Mutual Fund industry.
Here’s our take on what lead FT to take this step.
Indian diaspora is one of the largest in the world. Your friend might be working abroad or your aunt lives abroad–we all are connected to NRIs one way or another.
Given the current changes in the Budget, NRIs need to be aware of the new tax regulations.
We have created a quick reference tax reckoner for all NRIs.
Anyone invested in mutual funds?
Budget 2020 brought in many changes to the way MF investments are taxed. Check out our handy tax reckoner to provide you on general guidance for the upcoming changes.