IDFC Mutual has announced the extension of the NFO period for FMP Quarterly Series 30. The NFO which was scheduled to closer on June 30, 2008 will now close on July 2, 2008. The maturity date of the fund has also been revised to September 30, 2008.
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Zero tax for foreigners, a tax on inflation for Indians
SEBI wants foreign investors freed from capital gains tax. The Indian saver who stayed while they sold still pays it on gains that are partly just inflation.
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A per-person limit on the fund route would steady the rupee better than freezing the whole industry
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The right question
After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask
Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.
Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month
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