An Alternate Asset Class between Liquid Plus & Short Term Plans
As is the practice every year, there are rumours once again circulating that Government might increase Dividend Distribution Tax (DDT) on debt schemes (other than Liquid Schemes- which already attracts higher DDT of 28% v/s 22% in other debt schemes) in the current Budget to be announced in February 2010. Also, there is a fear [...]
STICKING TO THEIR MANDATE THRU CONSISTENT PERFORMANCE : DWS MONEY PLUS ADVANTAGE
Kindly refer to my note on Kotak Income Plus (an MIP product) which was written on August 28’2009. As mentioned there, this asset class is once again becoming flavor for investors with very little options available both in Debt & Equity markets. Also, some of the AMCs like Kotak are once again having a focused [...]