debt mutual funds India

Mutual funds engineer new category in quest for tax-efficient debt funds

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Ever since finance minister Nirmala Sitharaman redefined debt mutual funds in the July 2024 budget as those that invest more than 65% in debt, there’s been an upheaval in the mutual fund industry. That’s because pure debt funds are taxed at the holder’s income tax slab rate – which can be as high as 39% … Read more

How to maximize returns on your debt mutual fund investments

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The 10-year Indian bond yield, once trading at 12-13% in the late 90s, has now dropped from its 5-year high of around 7.5% to 6.7% as of February-end 2025. With the start of the interest rate cut cycle, yields are expected to fall further. And with no indexation benefits in debt mutual funds, this raises … Read more