Equity Savings Fund

SEBI

New fund categories proposed by SEBI

The big announcement last year in the mutual fund industry was categorization and rationalization of mutual fund schemes by SEBI.┬áThe market regulator sought to bring uniformity in the characteristics of similar schemes to ensure that an investor is able to evaluate various options before making any investment. As per the circular, SEBI has demarcated a …

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Equity savings fund- New kid on the block

Equity savings fund is a new variant in the equity mutual fund basket. They had emerged after the Union Budget 2014 increased the holding period for debt mutual funds to qualify as a long-term capital asset from one year to three years. The funds aim to generate returns from equities, arbitrage trades, and fixed income …

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