As you all know indexation benefit for debt funds will be removed irrespective of the time of investment and will be taxed as per slab, from April 1st.
I have debt MFs and one of the reasons for choosing them is because of the indexation benefit, and I do move regularly the gains from equity to debt, and choose debt funds for this, because of the irregular nature of equity gains, and now I have to look at other alternatives, if any. I am guessing some of you must be in the same boat, so I would like to know about your thoughts and the route you want to take.
Although, the other advantages of a debt fund over a FD still exist, this will have some impact, and as such, an appropriate if not a replacement product have to be searched.
MF houses have started to change their fund mandate within the confines of the SEBI categorization, and some clarity will emerge in the coming days of this FY, but I would like to know about your thoughts.
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