Post LTCG tax, are Ulips better than mutual funds?

The Budget announcement of long term capital gains (LTCG) tax on equity investments has made returns from unit-linked insurance plans (Ulips) more attractive. The investment component in a Ulip works like a mutual fund, but with a different cost structure. As it has a tiny wrap of insurance, it is guided by different income-tax rules. […]

How mutual funds prepared to ride out market volatility

Mumbai: Indian mutual fund managers say that they were not caught unawares by the sharp volatility in recent days, but had prepared for it by reducing their exposure to small-cap stocks and moving towards blue-chips. According to data from ValueResearch, 29 out of 52 multi-cap funds increased their large-cap stocks’ exposure between September and December, while […]