Pramerica Mutual Fund has announced a change in the exit load of Pramerica Short-term Income, with effect from March 19, 2012.
Now, it will charge 0.50% if redeemed on or before 180 days from the date of allotment. Presently, it charges 0.50% if redeemed on or before 90 days from the date of allotment.
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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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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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