Sun F&C Mutual Fund has announced revision in annual recurring expenses for two of its schemes, effective May 19, 2003. The annual recurring expenses have been revised from 0.70 per cent to 0.65 per cent for Sun F&C Money Value Liquid- Normal option and from 1 per cent to 0.65 per cent for Sun F&C Money Value Liquid-Daily Dividend option.
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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.
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