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Steer clear of thematic funds
I have invested in Templeton India Growth Fund - dividend reinvestment plan. With the direct tax code (DTC) coming in from 2012, the dividend is supposed to be taxed at five per cent. How can I save on this tax? - Ganesh Kamath Investing in the dividend option of mutual funds is popular, as it provides regular income, tax-free till now. Once the DTC comes in from April 1, 2012, the dividend option