The mutual fund industry is hoping that Budget 2024 will address the disparity in tax treatment between equity mutual funds and Unit Linked Insurance Plans (ULIPs). Additionally, the industry is also seeking a level playing field between foreign portfolio investors (FPIs) and foreign investors investing in Indian AIFs.
To shed light on this issue, moneycontrol.com’s Srushti Vaidya writes on “Sector Watch: AMCs seek parity between ULIPs, equity mutual funds from Budget 2024” with expert comments from our Partner Vinod Joseph.
