28
May
Author: Sameer Kaul, Managing Director & CEO of TrustPlutus Wealth Managers (India) Mutual funds, as a credible form of investment option, have gained currency over the last few years. Awareness about the performance, composition, benefits amongst other aspects about various equity and hybrid schemes has increased significantly over time. SEBI, as a regulator, has taken multiple steps to simplify the investment categorisation and the industry body AMFI has helped spread the concept of mutual funds through easy to understand the promotional campaign. Mutual funds, as a legal vehicle, also provide a tax arbitrage to investors in debt since investments held…