Clarification on the news about negative returns from SIP’s and concerns about capital gains tax on mutual fund returns.
Trump administration has become fearful about their growth and have gone into protectionist mode. They seem to have lost confidence in their ability to create jobs and grow the economy, instead they have now taken the route of controlling imports and give opportunity for their local businesses to grow. Anti-dumping duty...
SFIO summons bank bosses and markets lose ground to continue with their fall. Banking stocks took a big hit. Mutual Funds did not have much of impact as very few fund houses have exposure to banking sector. Just on the same day, newspapers carried articles about MF’s having lesser exposure to PSU...