boasts a 17% return over the past 40 years. Bolstered by the Indian government's initiative to encourage citizens to open bank accounts and invest, the future for the top performing mutual funds in India looks bright. The country's nearly $3 trillion economy, as measured by gross domestic ...
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Top 10 International Mutual Funds to invest in 2024 Below are the best international mutual funds in india: 1. Kotak Nasdaq 100 FOF Direct (G) Kotak Nasdaq 100 FOF Direct (G) is a International Equity fund that has delivered a 1 Year return of 34.9% and a 3 Years return of 15.3%. ...
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There is no liquidity risk, unless there is run on mutual fund scheme ( as in happened in case of a particular liquid fund) However the Reserve Bank normally steps in and assists the fund by giving them liquidity to take care of the sudden run on the fund ...
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Thus, from April 1st 2023, capital gains from gilt funds will be taxed as per the investor’s IT slab rate. Conclusion 2019 was a favorable year for gilt funds in India due to the falling interest rate regime. This explains the double-digit returns from these mutual funds in India. ...