​March is an important month for taxpayers. It is that time of the year when they leverage government-provided tax exemptions and reduce their tax liability. In other words, it is tax planning, which is a legal approach used to minimize the amount of income tax owed.
The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity and equity related instruments and active use of debt, money market instruments and derivatives.
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Bandhan Mutual Fund has filed a draft document with Sebi for the Nifty Midcap 150 Index Fund. Bandhan Nifty Midcap 150 Index Fund will be an open-ended scheme tracking Nifty Midcap 150 Index.