As equity markets reach new heights, hybrid mutual funds are gaining traction for their automatic asset allocation and tax efficiency. These funds invest across multiple asset classes like stocks, bonds, and gold, offering investors a convenient way to manage diversified portfolios. Hybrid funds with over 65% equity are taxed as equity, providing tax advantages on long-term capital gains.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows
October 24, 2026