Flows in retail mutual fund schemes remained positive for the 17th consecutive month since March 2021, with net flows in the positive territory at Rs 3,847 crore as of July 31, 2022, according to the latest AMFI report. Funds mobilised under retail schemes stood at Rs 32,439 crore, outweighing redemptions which stood at Rs 28,592 crore during the month.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount