AMFI proposes introduction of Debt Linked Savings Scheme
Jun 26 2019
News Category: Industry Update
In its budget proposal for FY 2019-20, the Association of Mutual Funds in India has proposed the introduction of Debt Linked Savings Scheme (DLSS), similar to ELSS, with the purpose of attracting long term retail investment into the corporate bond market. Other proposals include uniform tax on investments and capital gains in mutual funds and ULIPs.