In an interview with CNBC-TV18, Sunil Subramaniam, CEO of Sundaram Mutual Fund discussed the mutual fund (MF) industry wish-list and their expectations from Budget 2018.
AMFI has sought substantive changes from the FM in the GST implementation for MFs
Of these 28 suggested changes, 17 apply to direct taxes and 11 changes are with respect to indirect taxes, specifically GST.
The overall market is factoring in a lot of positive news, said S Krishna Kumar. Cues such as India being fastest-growing economy going ahead along with swelling order books of EPC firms are working well.
The returns you actually earn from the debt scheme may or may not be similar to the Portfolio YTM
For regular returns, investors opt for fixed deposit, company deposit or small saving schemes. These suffer from disadvantages when it comes to taxation, falling interest rates & liquidity in case of some emergency.