Fixed Income
- Taxation of debt mutual funds (post-April 2023)
India's debt mutual fund tax regime changed fundamentally from 1 April 2023: indexation and the 20% LTCG rate were abolished; all gains are now taxed at slab rates regardless of holding period.
- SIP vs recurring deposit (RD)
A factual comparison of Systematic Investment Plans (SIPs) in equity mutual funds and bank recurring deposits (RDs) in India covering returns, risk, liquidity, taxation, and investor suitability.
- Short-duration mutual fund
Encyclopedic reference on short-duration mutual funds in India: SEBI Macaulay duration 1–3 year rule, credit quality flexibility, return expectation, taxation post Finance Act 2023, and comparison with ultra-short and medium-duration categories.
- NIFTY 5-Year G-Sec Index
The NIFTY 5-Year G-Sec Index tracks the total return of the on-the-run 5-year Government of India security. Published by NSE Indices Limited, it serves as the benchmark for medium-term gilt and target maturity government bond mutual fund schemes in India.
- NIFTY 10-Year G-Sec Index
The NIFTY 10-Year G-Sec Index tracks the performance of the on-the-run 10-year benchmark Government of India security, capturing the total return from the principal reference instrument for Indian sovereign debt. It is published by NSE Indices Limited and used as the benchmark for gilt and long-duration mutual fund schemes.
- Navneet Munot
Navneet Munot is the Managing Director and CEO of HDFC Asset Management Company Limited, one of India's two largest mutual fund houses, and a former CIO of SBI Funds Management with over three decades in Indian financial markets.
- Indexation removal for debt MFs (Finance Act 2023)
Finance Act 2023 removed the 20%-with-indexation LTCG benefit for debt mutual funds acquired from 1 April 2023. All gains are now slab-rate short-term gains regardless of holding period.
- CRISIL Ultra Short-Term Bond Fund Index
The CRISIL Ultra Short-Term Bond Fund Index is the benchmark for Indian ultra short-duration debt mutual fund schemes, representing a portfolio of money market and short-dated fixed income instruments with a Macaulay duration of 3-6 months. It is published by CRISIL Research.
- CRISIL Short-Term Bond Fund Index
The CRISIL Short-Term Bond Fund Index is the standard benchmark for Indian short-duration debt mutual fund schemes, representing a blended portfolio of government securities and corporate bonds with maturities in the 1-3 year range. It is published by CRISIL Research.
- CRISIL Composite Bond Fund Index
The CRISIL Composite Bond Fund Index is a benchmark for Indian composite or medium-to-long duration bond mutual funds, comprising a blend of government securities and corporate bond sub-indices. Published by CRISIL Research, it is widely used to evaluate medium-duration debt fund performance.
- GoldenPi (bonds and fixed income platform)
GoldenPi is an online marketplace for bonds, debentures, and fixed income instruments in India, integrated with Zerodha to provide bond investment access.