Tax planning guide: Opt for Hybrid funds to help cut tax outgo - 10 mutual fund schemes to consider
Tuesday, 19 March 2024
Wealth managers recommend conservative investors to opt for hybrid schemes before the financial year closes to save on taxes in mutual fund investments. The government's removal of indexation benefits for pure debt schemes in Budget 2023-24 shifts focus to hybrid funds with 35%-65% equity allocation for tax efficiency.
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