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Lower returns but tax benefits for HNIs
In the last one month, some of the fund houses have launched capital protection schemes targeting fixed deposit investors. These schemes propose to invest 85 per cent of the corpus in debt and the rest in equities. For example, the new fund offer (NFOs) of IDFC Mutual Fund’s Capital Protection Oriented Fund (Series 1) is open for subscription. Birla Sun Life’s Capital Protection Oriented
In the last one month, some of the fund houses have launched capital protection schemes targeting fixed deposit investors. These schemes propose to invest 85 per cent of the corpus in debt and the rest in equities. For example, the new fund offer (NFOs) of IDFC Mutual Fund’s Capital Protection Oriented Fund (Series 1) is open for subscription. Birla Sun Life’s Capital Protection Oriented
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