 "Long-term capital gains (LTCG) tax on equity funds increased from 10 per cent to 12.5 per cent in the budget while short-term capital gains (STCG) tax increased from 15 to 20 per cent. “While the 33 per cent increase in STCG tax may seem high, it sho")
Launched in September 2000, the Nippon India Corporate Bond Fund has consistently ranked in the top 30 percentile of the corporate bond funds category according to the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters up to June 2024.
As of June 2024, the fund’s assets under management stood at Rs 3,247 crore, up from Rs 2,019 crore in June 2022.
Managed by Vivek Sharma since February 2020, the fund seeks to generate and maximise income while maintaining a balanced approach to yield, safety, and liquidity through a portfolio primarily composed of debt instruments of various
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