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Change in taxation led to encouraging flows in the fixed income category in the last week of March Says Manish Mehta, Kotak Mahindra AMC
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Below quote on mutual funds data released by AMFI from Manish Mehta, National Head and Sales, Marketing & Digital Business, Kotak Mahindra Asset Management Company
“Change in taxation led to encouraging flows in the fixed income category in the last week of March. Investors continue to believe in the long term growth story and continue to add investments through SIPs and lumpsum.”
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