The mutual fund (MF) hybrid area is seeing a flurry of product launches underneath the erstwhile debt taxation framework as the present monetary yr 2023-24 (FY24) attracts to an in depth. The demand for debt taxation merchandise are greater within the latter a part of a monetary yr as buyers look to money in on an extra yr of indexation profit.

Parag Parikh Monetary Advisory Companies (PPFAS) MF has launched a balanced benefit fund. Mahindra Manulife and Quantum have additionally come out with multi-asset allocation funds. All three schemes will keep round 35-65 per cent fairness allocation with the remaining in fixed-income

First Printed: Feb 19 2024 | 7:46 PM IST