Latest Breaking News On - Prudential equity savings fund - Page 8 : comparemela.com

"Post fixed income taxation change, we have positioned equity savings funds as an alternate fixed income product to meet conservative investors demand," said A Balasubramanian, MD of Aditya Birla Sunlife MF. "Given the fact it will have 10% exposure to equity and the rest will be spread between equity arbitrage and fixed income instruments, we also wanted to keep the expenses at a level which will be fair to investors," he said.

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