In recent years, the domestic mutual fund industry has attracted investors across various segments. Ahead of the tax and policy proposals in the Budget, industry players, consultants, and associations are preparing their recommendations. These include addressing anomalies in the interpretation of tax laws, advocating for tax treatment parity, and other measures to support sectoral growth and help India maintain its momentum as one of the fastest-growing emerging economies.
The mutual fund industry is no exception to this trend. It has been at the forefront of contributing to the growth of capital markets. Assets Under Management (AUM) and Systematic Investment Plan (SIP) inflows reaching all-time highs at INR 68 lakh crores and INR…
