Beginning 1st of April 2023, all new investments into debt mutual funds are no longer eligible for any tax benefits. All returns on debt funds will be taxed according to one's income tax slab.
In this scenario, there are a few things to keep in mind while planning your investment portfolio.
In this episode of Invest Smart, Editorji's Avni Raja speaks to Feroze Azeez of Anand Rathi Wealth Management about debt investments, how fixed deposits compare for debt mutual funds, whether arbitrage funds are a good alternative and much more.