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Income-plus-arbitrage FoF schemes are drawing growing interest from fixed-income investors for their tax efficiency. These hybrid funds blend debt and arbitrage strategies, offering stability, low risk, and long-term capital gains taxed at 12.5%.
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News and Media
Three new mutual funds are set to open this week, namely Groww Nifty Midcap 150 ETF, Axis Income Plus Arbitrage Passive FoF, and LIC MF Consumption Fund, spanning ETFs, FoFs, and sectoral categories. Investors should align choices with risk and goals.
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News and Media
Global powers, including the US and China, are eyeing Mrima Hill in Kenya for its rich rare-earth deposits, sparking division and suspicion among local communities. While some fear displacement and exploitation, others see potential economic windfalls from the valuable minerals, prompting land speculation and calls for transparency in the mining sector.
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News and Media
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