What are lifecycle funds? How they work, tax rules and who should invest

What are lifecycle funds? How they work, tax rules and who should invest



Lifecycle funds are a new mutual fund category designed to link investing with a specific financial goal and maturity date. But how much equity can they hold, how are they taxed, and who should actually invest? Experts Manish Banthia of ICICI Prudential AMC and Mrin Agarwal of Finsafe India explain what investors need to know before choosing a lifecycle fund.



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