Debt funds offer great return possibilities at this point. This would be a wonderful window of opportunity for those who want better-than-average returns from fixed income investments.
He talks about the expectations from interim Budget, sectors that are expected to do well, why this is the right time to invest in large cap funds and IT stocks, future of debt securities, apart from his views on cryptocurrencies as an asset class
Banking & PSU funds invest in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they dont have the credit risk. That makes these schemes relatively safe
The interim budget of the government is likely to be announced on February 1, 2024. Like with every budget, there are certain expectations of a common man to ease the taxes on the capital gains (LTCG and STCG), simplify the capital gains structure. Will Budget 2024 fulfill this wishlist? Read on to know about it.
There are seven long duration debt mutual funds and total assets under management (AUM) of these schemes amount to ₹9,875 crore as on Nov 30, 2023. Funds amounting to ₹149 crore were invested in November alone