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A beginner’s guide to mutual funds investment: Know benefits, returns, tax deduction and KYC process

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Updated on: 22 August,2024 09:55 AM IST  |  Mumbai
Raaina Jain | raaina.jain@mid-day.com

Mutual funds are one of the most popular investment vehicles currently, offering diversification opportunities and structured management. We speak to experts to understand its benefits, risks, tax regulations and KYC processes

A beginner’s guide to mutual funds investment: Know benefits, returns, tax deduction and KYC process

Image for representational purposes only (Photo courtesy: iStock)

Amid growing avenues for investment in India, mutual funds remain one of the favourite choices, partly due to comparatively lower risk, strict regulations and structured processes. However, in this ever-evolving financial landscape, it can get difficult to keep track of official processes, tax rules, etc., about mutual funds investment.

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