Pick hybrid funds now for tax efficiency
Financial Express Mumbai|February 26, 2024
Indexation plus special tax rate make these better than debt funds
SAIKAT NEOGI
  • AMCS LAUNCH FUNDS AS FINANCIAL YEAR COMES TO A CLOSE

INDIVIDUALS SHOULD CONSIDER investing in hybrid funds now for capital appreciation as well as lower tax outgo. The tax efficiency from indexation benefits as well as the 20% special tax rate boosts returns and makes these funds an appealing option for those seeking a blend of stability and growth potential.

Asset management companies have launched a host of hybrid funds this month for investors to get the indexation benefit as the financial year comes to a close. As these funds put at least 35% into stocks, they qualify for the special tax rate of 20% with indexation benefit if an investor holds them for more than three years. This is a better deal than debt funds, which are taxed based on slab rates.

Change in tax norms

この記事は Financial Express Mumbai の February 26, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の February 26, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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