Equity mutual fund investors face a market downturn. Wealth managers suggest lumpsum investments for those with long horizons and risk appetite. Reviewing portfolios for diversification is advised. Investors with loss-making thematic funds may consider trimming and reallocating to diversified options. This period offers opportunities for strategic financial decisions.
Lok Sabha approves Finance Bill, tax rules eased
The Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surcharge at 12%. The bill