Income-plus-arbitrage FoF schemes are drawing growing interest from fixed-income investors for their tax efficiency. These hybrid funds blend debt and arbitrage strategies, offering stability, low risk, and long-term capital gains taxed at 12.5%.
Rupee falls 3 paise to 92.43 against US dollar in early trade
The Indian rupee opened at 92.42 against the US dollar on Wednesday. A plunge in global crude oil prices and positive opening at domestic equity