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

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

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Image for representational purposes only (Photo courtesy: iStock)

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.

We speak to finance experts Kavitha Menon, founder of Probitus Wealth and SEBI-registered Investment Advisor, and Dr. Bhavana Jangale, Head of Department and Assistant Professor (Commerce), S K Somaiya College, Somaiya Vidyavihar University, who shed light on the benefits, principles and processes of mutual funds investment.

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