Highlights

  • Beginning 1st of April 2023, all new investments into debt mutual funds no longer have any tax benefits

  • Taxation for debt funds will be according to one's income tax slab

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Invest Smart: How to manage your debt investments

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 to debt mutual funds, whether arbitrage funds are a good alternative and much more. 

Invest Smart: How to manage your debt investments

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.

Frequently Asked Questions

The new tax rule for debt mutual funds started on 1st of April 2023.

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