Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

The Budget Hits Mutual Funds, Part 1: Balanced Funds

capital-mind-premium-featured-image.png

This is a two part series on the impact of the new taxes on mutual funds, and how they will hit the investment dynamic. 

Balanced funds invest in stocks and fixed income instruments like bonds and government securities. They need to invest a minimum of 65% in stocks to get taxation benefits of equity funds, where dividends were tax free and there was no long term capital gains tax.

That's now changed. Even equity . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial