Essel Mutual Fund has decided to change the fund manager of it's three schemes Essel Long Term Advantage Fund, Essel Large & Midcap Fund from Manav Vijay to Saravana Kumar and Essel Equity Hybrid Fund from Saravana Kumar, Manav Vijay & Archit Shah to Saravana Kumar with effect from December 07, 2019.
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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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