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Mutual Funds



Budget Measures

  • Dividend distribution tax on income funds has been reduced from 20% to 10%


    Budget Impact

  • Investments under the dividend option of income funds will be more attractive. All fund houses in general, and the Unit Trust of India (UTI) in particular will benefit from this. (The UTI has the largest number of income schemes, mostly in the form of monthly income plans (MIPs).

  • How was this sector impacted by Budget 2001?


    Budget Impact: Mutual Funds Sector Analysis for 2001 | Mutual Funds Sector Analysis for 2003