“MF Utility” a game changer

Retrospective Tax On Mutual Fund Investors www.ambitionias.com
  • MF industry developed MF Utility a portal to help the growth of the industry in small towns providing convenience and efficiency to all the stakeholders.
  • It is also helpful in maintaining the database.
  • What are Mutual funds (MF)?
    • A mutual fund is an investment security type that enables investors to pool their money together into one professionally managed investment. Mutual funds can invest in stocks, bonds, cash and/or other assets. These underlying security types called holdings combine to form one mutual fund, also called a portfolio.