A large part of the flows into equity MFs, of Rs 60,000 in 2015, flowed into these stocks, helping them perform better than the bluechips.
"India, EMs' brightest spot, is at the fag end of the bottoming of the earnings cycle. Corporate earnings are likely to grow by 15%."
If you are a mutual fund investor, you would be flooded with mails asking for additional information about yourself and your tax residency status.
The maximum benefit for investors would be in the case of equity funds, where a higher upfront brokerage or trail charge is paid to the distributor.
Wealth managers said falling returns from bank deposits coupled with cheaper taxes in debt mutual funds are prompting rich investors to opt for SIPs in bond funds.
ET looks at the main choices available to a mutual fund investor and the advantages of each.
The fresh warning letter to the company comes after the facility was first inspected by the US drug regulator in September 2014.
Issue subscribed 2.12 times on Day 1; while QIB portion was subscribed 4.07 times.
Investors in the high-tax bracket gain as these funds are treated as equity funds from a taxation perspective and the debt component automatically becomes tax-free.
ETFs enable investors to gain a broad exposure to entire stock markets and specific sectors at a lower cost than many other forms of investing.
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